gags327‘s profile was updated 3 years, 6 months ago
Hi All, I am wondering if someone can help me, I want to buy a new place of residence. What I wanted to do was finance 80% through the bank and pay the owners off the remainder over the next couple of years. I have been approved for the loan with around 5 to 8% deposit. I can probably get this a bit higher. Just the mortgage insurance is so high.…[Read more]
gags327 replied to the topic Recommendations on Mortgage Broker from Brisbane (Northside) in the forum Finance 7 years, 6 months ago
Richard is well worth a call
Thanks guys some great advice there, I have been thinking about looking at west end, Hyde park etc, closet to the CBD, and looking to buy a large block, split and perhaps build 2 units or something on the vacant block. It seems the council are looking favourable at increasing the density in close to the CBD. It does seem you can get a good block…[Read more]
Thanks Terry, some things to consider. The business is under a company structure. How would renting a property compare? Say if us and the company were to go 50/50 in the rent for example?
Also how does CGT work if say for e.g. we owned the property for 10 years and say for the first 5 years we were collecting rent from the business?
I am just wondering from a finance point of view what would best suit our situation. We have a mortgage on our property of around 600 a week. we have a business were we rent a storage shed for around 350 a week. This is purely storage so doesn’t need to be situated in town etc. Would we be better off buying some acreage ( as we would rather live…[Read more]
The course is probably around 2 years old.
There is 3 big manuals in the course.
The first manual has in it , I buy property for what you pay for a cup of coffee, fast start guide, mind manual, your blueprint to investing success and a section on the science of getting rich.
The second manual all documents and contracts for different states
I think it was orginaly about 4k with 12 months mentoring etc.
Make me an offer on it or if you have something you would like to swap I am open to offers. I have got from it what I wanted so not needed anymore.
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