Hi Fudge,
The model you are proposing is one that Paul Clitheroe advocated on his “Money Money Money” TV program some years ago. His idea for retirement was that you needed 4 freehold houses. You live in one and rent the other three out. One pays your tax etc and the other two are your income.

I was planning to use his model, and well on the way…[Read more]

Not specifically a property investing program, but we are about to purchase this one:
http://www.mortgagewatchdog.com.au/default.htm
Basically will tell you how much the banks are ripping you off. Cost $200 and has a $300 money back guarantee if you can’t find any overcharging by the bank.[]

We are wondering about getting Rick Ottons Wrap Pack.…[Read more]

You are allowed a certain amount of assets before centrelink reduce/refuse payments. It is considerably higher if you live in your PPOR. Be careful here tho as their definition of PPOR is open to interpretation. My ex-husband and I were told that our ($8,000) motorhome was considered a PPOR as we were travelling Oz (7 years ago) and therefore we…[Read more]

I thought a condition of the FHOG was that you reside in the property. Is this not the case? I would be pissed off to think that my taxes are subsidising people buying investment properties.

There are a number of loopholes in the FHOG scheme. I know that my parents can come over from NZ, buy a property and qualify even tho they have owned…[Read more]

You pre-empted my question Barbara. Last night we got offered a QS report here in South Perth for $440 through the Investors Club that we belong to. They said that they can cost up to $750 to get it done privately. I was wondering whether they were inflating the price for their own means however appears not.
Cheers.
Fibejebe [8D]

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a…

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Hey Painter,
Which town has Tim Shadbolt as Mayor? [] Wherever that man is, is likely to be a good investment. []

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There is Kentucky Fried chicken here, but no McDonalds, heaps of childcare places, good schools, they run some of the “free fee” courses here, in conjunction with the Invercargill Polytechnic (SIT),

Check with your human resource department. I salary sacrifice my mortgage on my PPOR [8D] but can not legally do so on an IP. There is also a limit to the amount you can package a year before fringe benefits tax applies. My employer is a health department (State governement.) There are different rules for public and private employers. I can…[Read more]

I was very happy with the first property manager I had. Unfortunately she left that company. I wish I knew whether she was still in town working for another company as I would happily take my business there. Sometimes I would get peeved that she contacted me too often, but that was better than no contact at all which (other than the monthly…[Read more]

Thanks Western. Is it normal for a property manager to pass on that cost when they already receive a management fee plus charge $8 per month in “sundries” as well? I also didn’t realise when I signed this company up that their fees are not GST inclusive so there is an additional 10% on top of all their other charges. I have been with them over a…[Read more]

Hi Prop16,
Both hubby and myself had trouble opening any of the propertyinvesting.com pages last night approx 7PM AEST. [!] We were on 2 seperate computers on 2 seperate dial ins. [xx(] Just assumed it was a server problem with the propertyinvesting website. Working fine tonight. [8D]

Hi Aaron,
I am assistant manager on the delphi Motorhomes Australia site. I have previously travelled around Oz for a couple of years on a working holiday in a 37 foot Denning, and hubby and I plan now to have enough passive income from our investment properties so that we can retire within 5-7 years to hit the road permanently. Currently on track…[Read more]

Any one know when he is coming to Western Oz?

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Hi all,
Great site and great info!![] My wife (of 8 days) !![:X]) is a nurse and I am an estimator for a building company.

Hey. Guess what? I have been married 8 days too. And I am a nurse, and my hubby is an estimator for a building company. []

And my hubby’s nickname on this forum is o2bfree. Hi honey!! []

Wow. Thanks Steve. [:X]
We ordered your book, Fast Track and Buyer Beware and got the lot for the $9.95 postage which as you have pointed out really is a freebie. [] so what a bargain. []

Saw you on Today Tonight last night Channel 7 Perth. We are ready to get 100 properties in next 4-5 years. Already have 4. No doubt will have lots of questions…[Read more]