Colin Rice replied to the topic Rentrepreneur in the forum Creative Investing 3 years, 4 months ago
Can t say I have ever heard of it, I do have cash flow properties that are also increasing in value (the golden goose) so I will claim the title :)
Colin Rice replied to the topic Trust & Accountant – Melbourne in the forum Legal & Accounting 3 years, 4 months ago
TerryW is your man, assuming he is still taking on clients?
Colin Rice replied to the topic Trust & Accountant – Melbourne in the forum Legal & Accounting 3 years, 4 months ago
TerryW is your man, assuming he is still taking on clients?
Colin Rice replied to the topic Trust & Accountant – Melbourne in the forum Legal & Accounting 3 years, 4 months ago
Terry W is your man, assuming he is still taking on clients?
Colin Rice replied to the topic Land purchase in the forum Finance 3 years, 4 months ago
Do you not qualify for a bank loan?
What you are offering is light on as Richard stated and no one will accept those conditions. If you came with an unencumbered piece of land and wanted to construct would be far more realistic, at least you are trying though.
Colin Rice replied to the topic What are the best investment options? in the forum Finance 3 years, 4 months ago
There are three basic investment vehicles;
1. Property
2. Shares
3. Term depositsBest to start educating yourself around these vehicles and how to drive them.
Colin Rice replied to the topic Loan reducer tool in the forum Finance 3 years, 4 months ago
Crown offers a service where they manage your money as well.
Colin Rice replied to the topic For ppl just starting property investing in the forum Help Needed! 3 years, 4 months ago
Sadly, most of us investors learn that one the hard way, it is possible to avoid altogether with the right guidance from a reputable mentor.
Soundpost for a newb to read, digest and apply.
Colin Rice replied to the topic For ppl just starting property investing in the forum Help Needed! 3 years, 4 months ago
Sadly, most of us investors learn that one the hard way, it is possible to avoid altogether with the right guidance from a reputable mentor.
Soundpost for a newb to read, digest and apply.
Colin Rice replied to the topic 65 irregular income, 200K equity in the forum Help Needed! 3 years, 4 months ago
My thoughts are to consult a reputable and experienced mortgage broker in your area and let them do their thing so you can do yours, or not?
Colin Rice replied to the topic Rates notices – are your payments showing on your bill?…. in the forum Help Needed! 3 years, 4 months ago
It’s itemized in WA and they give you an option of paying 100% upfront for a small premium they let you pay it off in installments.
My property manager does this all for me, so no need to stress about it personally.
Colin Rice replied to the topic Open space contribution & Subdivision question in the forum General Property 3 years, 4 months ago
If you are not planning on selling for 12 months and won’t be able to title for 6 months due to paying off the OSC then it gives you 6 months to get titles ready in order to sell the units individually, cant see anything obvious that will prevent this happening?
Colin Rice replied to the topic Buyers agent for development property in the forum Help Needed! 3 years, 4 months ago
What area/s are you looking in as this will determine a local BA to recommend?
Colin Rice replied to the topic Bank assessment, question about stress testing in the forum General Property 3 years, 4 months ago
You have the rate offered to you and then the assessment rate that varies between 5 to 8% so choosing a lender/product with a lower assessment rate can bump up borrowing capacity somewhat.
Colin Rice replied to the topic Motel Purchase, Advice Please in the forum Commercial Property 3 years, 4 months ago
That’s a nice result, kudos.
Colin Rice replied to the topic Buying property without building inspection in the forum Help Needed! 3 years, 4 months ago
The agent will know what the reason is, whether he will disclose or not (doesn’t sound that way) is the test. Go back and ask him/her why the seller doesn’t allow a building inspection.
Colin Rice replied to the topic Development Lending help in the forum Finance 3 years, 4 months ago
@Chief Wigam Try Peter Trusteeg from Sage Finance
Colin Rice replied to the topic Development Lending help in the forum Finance 3 years, 4 months ago
@Chief Wigam Try Peter Trusteeg from Sage Finance
Colin Rice replied to the topic Expert Bust #23 rent money – dead money in the forum General Property 3 years, 4 months ago
Put property in a discretionary trust, live there and sign a lease and pay rent to the trust, run a business from home and the rent becomes a deductible business expense as a bonus.
Seek advice from an accountant first, as always.
Colin Rice replied to the topic Expert Bust #23 rent money – dead money in the forum General Property 3 years, 4 months ago
Put property in a discretionary trust, live there and sign a lease and pay rent to the trust, run a business from home and the rent becomes a deductible business expense as a bonus.
Seek advice from an accountant first, as always.
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