You can select who you want your ads to show up for based on all sorts of criteria like age, sex, interests/hobbies,marital/relationship status and location. For example within a 50 mile radius of Perth city.

You only pay when somebody clicks your ad, not just…[Read more]

Can you refinance or do anything else to reduce the holding costs?

If there’s nothing you can do to improve the situation, I’d suggest having 3 rea’s value the place and work out what it will cost to sell. Work out exactly how much you’ll get out with, apart…[Read more]

The government almost operate neutrally, with a slight deficit (compared to UK/US/Europe etc) pretty sure that’s rare. Unemployment is low, the currency is…[Read more]

http://www.brokernews.com.au/article/foreclosures-to-dramatically-increase-143913.aspx

you get a lot more buyer protection and can get other perks like air miles etc too.

just need to be disciplined and make sure you always pay it off, and never draw cash out on a cc you…[Read more]

For that you need stuff like planning permission (not always easy to obtain as you often need adequate parking), fire doors and smoke alarms to all habitable rooms, sprinklers, emergency lighting, fire extinguishers, emergency procedures etc (pretty much what you need in a b & b)…[Read more]

If you look at the graph here instead of the media release it shows it in a bit more detail, with units included not just for houses so you get the bigger picture;

http://www.rpdata.com/research/monthly_indices.html

I've never been a massive fan of his movies but after reading his book 'totall recall' you can't be anything but inspired by the things he's achieved over the years. Every new year he would write down goals and then pursue them tirelessly. Any normal person would feel successful if they accomplished even one of the…[Read more]

richard@tayloredfinancialsolutions.com.au

I appreciate I only get the FHOG & stamp duty concession when buying first ppor, so I guess the only question remaining is how can I buy an IP now, without fhog but I will have to pay stamp duty and also without forfeiting my eligibility for those two concessions when I buy a ppor later next year!?

Surely there must be a…[Read more]

I figured it probably had been covered at some point but couldn't find the thread when I searched.

I have been told since that I can still qualify for FHOG later but will lose the stamp duty concession by buying IP before PPOR. However, according to http://www.finance.wa.gov.au/cms/content.aspx?id=2011 if you qualify for the…[Read more]

It's also much less plumbing, tiling and grouting (costs!) than two separates.

If anything, Is there room for a bath that gets slightly larger at the shower end without overcrowding the bathroom?

PS I know in WA they tend to…[Read more]

What a shame, fingers crossed you get all you’re entitled to

How will you quit your job but still earn 18k, just work part time?

Are you refinancing ppor to buy investment property or using the 70k cash? Is that the money you talk about overseas or…[Read more]

Will be great negotiation practice for you and will surely be the most…[Read more]

You want to pay down the bad debt asap clear the credit cards and car loans first as they’re not tax deductible (Home interest is deductible when ppor becomes iP).

When you buy ip purchase in husbands name if going to be negatively geared as he is on higher income.

Ideally lose the car loans and buy…[Read more]

It’s better to earn more money and pay tax on it, than to earn less! And you said yourself you’re not a fan of negative gearing.

Can you spend less on a car for now and still afford house deposit with money from…[Read more]

Isn’t positive real estate Sam saggers who’s featured a lot in PI magazines? Thought he was supposed to be a bit of an expert

That’s what’s great about tree surgeons too, they can charge you to come and cut down/take away a tree then they go and sell the wood!

I fixed my mortgage at around 5% in the UK not long before the rate plummeted to that record low and spent three years regretting it! Back on the std variable now, cashflow improved

Trust me, you do not want the kind of conditions that caused that to happen here.

Thousands of job losses, wages frozen/falling, businesses closing…[Read more]

To be honest, It doesn't sound great.

Not sure if it's a slight tax (stamp duty) dodge buying below market value like that then paying it back later. Unless you pay stamp duty on the market value. If you're a first time buyer you might qualify for the stamp duty concession and first home owner…[Read more]

Also;
‘From my calculations my repayments/incurred ongoing costs would then be roughly $3200 per month (bank repayments & rates/levies) rental will bring in $2383 so i will be out of pocket about 800 per month?…[Read more]

He’s made one or two posts to help people out for free on these forums over the years too

Name and shame the property ‘investment’ group? This thread may even come up in search results if other people thinking of using them search online for information (or dirt..) about them before ‘investing’…

You originally took out a loan to buy a property. I assume it was P&I (paying off both the principle and interest)

The problem is over the years you paid off a lot of the loan. Super duper if you are to stay in the property forever, not so great if you intend to rent it out.  

Then you re-borrowed a lot of that money. NEW…[Read more]

Is it worth much if you sell it 'un-sited'?

http://en.wikipedia.org/wiki/Confirmation_bias

Can you elaborate a bit on your points just in the process of planning a trust what should I include/avoid so assets can never be touched !?

Thanks..

The bank won’t give you a normal home loan because you can’t afford the repayments on top of your husbands income / credit cards and any other debts.
They’ll give you an investment loan because you can afford to repay the loan when taking into account the extra rental income you’d receive from a…[Read more]

Can someone please summarize the do’s and don’ts covered here for new people!? What should jaiterry have done to avoid all these problems, assuming in the beginning he was using ppor offset/redraw account to save deposit for investment property whilst paying a bit less interest at home, with the possibility of later renting out…[Read more]