Total Members: 158,391

G-MAN007

  • G-MAN007 replied to the topic Assignment of Contract in the forum The Treasure Chest 20 years, 11 months ago

    As far as im aware options are fine, just about all commercial transactions are completed in this manner especially land purchases. Many companys purchase an option on property, find a developer then sell them the option, thus avoiding stamp duty. if this is no longer legal please advise ASAP.

  • G-MAN007 replied to the topic BUST in the forum The Treasure Chest 20 years, 11 months ago

    go to a few auctions and then tell me its about to bust, i dont thinks so! although i heard last night from an insider that RAMs, Wizard etc can no longer obtain mortgage insurance for cbd southbank and docklands, thus they are no longer lending money in these areas. Stick with spillover suburbs to the east and west where theres no oversupply.

  • G-MAN007 replied to the topic Melbourne IP $400k – $500k in the forum No Subject 20 years, 11 months ago

    Im currently researching footscray, I believe its proximity to the CBD, large period style housing stock, proximity to restaurants etc and the growth in the surrounding suburbs will definitly make it a suburb to watch in the next 5-10 years. With 400-500k you could buy something really nice in seddon or yarraville which have become very trendy in…[Read more]

  • G-MAN007 replied to the topic Serviced Apartments in the forum No Subject 20 years, 11 months ago

    Make sure the head lease is an extremely secure well known company, banks tend to stay away from small accomodation below 50m2 as the believe it to be unlivable. Due to the size, the actually real estate is worth very little, thus If the head lease was to go under you would be left with an unsaleable apartment.

  • G-MAN007 replied to the topic renting out principle home in the forum The Treasure Chest 20 years, 11 months ago

    what if they were to board as apposed to rent, would this change the situation?

  • G-MAN007 replied to the topic Which Accountant in the forum The Treasure Chest 20 years, 11 months ago

    ph: 9650 0550
    email: Ir@brandico.com.au

  • G-MAN007 replied to the topic selling prior to settlement in the forum No Subject 20 years, 11 months ago

    [?] If the person you on sell too cannot settle with you, you would be able to cash there deposit correct?

  • G-MAN007 replied to the topic Which Accountant in the forum The Treasure Chest 20 years, 11 months ago

    Brandi & co in carlton seem to know there stuff, they specialise in property investment.

  • G-MAN007 replied to the topic are there any property traders out there? in the forum No Subject 20 years, 11 months ago

    So essentially you would pay more tax as opposed to claiming asa capital gain?

  • G-MAN007 replied to the topic question on off-the-plan IP in the forum The Treasure Chest 20 years, 11 months ago

    Gather as much evidence of higher sales collate it then ask the bank for a list of valuers they use. organise a valuation and be there when its done. show the valuer your evidence and you may have a fair shot at convincing him and the bank. remember that a valuer may do 8 or more valuations a day. this means a hell of a lot of travelling and…[Read more]

  • G-MAN007 replied to the topic Henry Kaye’s Business Mastery Boot Camp in the forum The Treasure Chest 20 years, 11 months ago

    actually the ASIC case is not directly related to hk but to a consultant working for nii, this specific case has been blown out of proportion.

  • G-MAN007 replied to the topic Henry Kaye’s Business Mastery Boot Camp in the forum The Treasure Chest 20 years, 11 months ago

    hi implementor, I have completed HK courses in the past and believe I have seen the good and bad of nii. One thing to remember with hk is that few people are genuinely able to do the things he does + he is a salesman a master of the anti sell and “create pain” type of selling. No doubt you will have picked up some powerful info which im sure could…[Read more]

  • G-MAN007 replied to the topic Creating a Company in the forum No Subject 20 years, 11 months ago

    One strategy i have encountered is a unit trust feeding a family trust. when you apportion cg to the beneficieries you aportion as much as possible to low income earners, eg children grand parents, this reduces accessible income, the great thing is you never actually have to hand over the money it is simply a paper transaction so the money is…[Read more]

  • G-MAN007 replied to the topic Negative & Positive Gearing in the forum No Subject 20 years, 11 months ago

    make sure you get a quantity surveyor in to maximise your depreciation. Id also look at tax structures such as a unit trust feeding a family trust or self managed super fund. This can enable you to reduce your tax significantly.

  • G-MAN007 replied to the topic National Investment Institute run course in the forum The Treasure Chest 20 years, 11 months ago

    Hey all. I completed an NII course a few years ago. Ive continued to go to various additional events with them over the past few years. The information within the courses is very good however the way in which they constantly try to sell you more stuff and the way they go about it, in my opinion is unethical. Henry Kaye is being investigated by…[Read more]

G-MAN007

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