Personally, I want to work ethically and morally in my profession but the greatest thing stopping me as a graduate is the NEED for cash to live. That may force me to do a job I don’t want to.

Luckily, because of my financial literacy, I’m able to pursue jobs which are…[Read more]

I’m no expert but…I’m not really concerned with the interest which is deductable (bonus)… and of course if you dispose of the warrant its capital gain assessible.

More to my point is what happens when you renew the loan on a warrant whose derivative share has increased. Capital gain kind of…[Read more]

The product is traded like a share on its own market.

Interesting things happen to instalment warrants when the share goes up and down. If the share goes down then the capital dissipates (loss) but if the share goes up a capital…[Read more]

‘Don’t chizel people’?

What is going on here? Who’s getting ripped off. My vendor finance idea was a joke but I don’t think that’s what you are talking about.

Sach is just attempting to obtain some accessible literiture for some students. What is wrong with that?

Steve would be the first to want his book as…[Read more]

It cost me 30. Subtracting depreciation but adding my margin, you can buy it off me for 35.

You can then pay my 9% interest rate and pay this off after 30 years.

Just to get a commitment from you, I’d appreciate any type of deposit you can make. 1 or 2 dollars…[Read more]

Anyway, go to Stathams and tell Rod that you have been referred by some investors who own over 5% of his rent roll and you want a special rate

Rod’s a good man

I’m afraid what you are looking at is the fastest growing American industry, the internet pyramid scheme. Some americans actually think that pyramid scemes in all their types are real work

Stay clear, they don’t tell you what the work is because that is the work. Telling people about money making schemes and getting them to buy that…[Read more]

If you want to keep working (enjoy working?) then perhaps other investments are more appropriate.

Personally, for high net worth individuals I would look at margin lending on shares or more effective are warrants. You…[Read more]

Stick to the fundamentals of capital gain, quality property in close proximity (5 ks) to the capital city.

Brisbane has some awesome suberbs with beautiful ‘Queenslander’ houses which may not be positively geared but probably will…[Read more]

You really need to think of how infact this thing will appreciate in capital gain.

How many units in the building? How many building of a similar kind nearby? How easy is it for future MUDS to be built in that area? How unique is the building, absolute river front??

What I’m talking about is…[Read more]

Regarding Ipswich, it used to be the best Positive gearing real estate around Brisbane until the housing boom has increased prices X4. The house I’m living in won’t be mine by next week, that’s a sign of the market.

Vacancy rates are incredibly low and new land estates are sold before they are subdivided and…[Read more]

I just mentioned a book which mentioned the contents of a real estate institute course.

I didn’t join the Jenman fan club

The reality is that if the house is worth it, you have to make that extra offer.

All you can do now is raise hell, suggest fraudulent conduct on his/her behalf.

It’s one…[Read more]

Many of my positive geared friends are doing the same. I just don’t have enough properties in the first place to diversify.lol

There is actually a precedent on this point.

You say you have oral acceptance, if you were buying or selling anything other than land, (with house), this would be a valid contract in itself.

This agent is acting highly unethically, but it is ambiguous as to whether its breached the law. There is conflict of law here.

On one hand, legally, your offer has lapsed…[Read more]

You don’t need to submit another offer because you have submitted a valid offer which has not been communicated to the vendor effectively (in writing)

The reason why the agent wants another offer may be because legally, in Queensland at least, he must submit the offer within a set period of time (24…[Read more]

I just looked fraud up in the dictionary and this is what I found

As if he can “retire debt” and improve the situation. He’s committed fraud on someone elses house as well. He is gone right now.

The best outcome:

He gets a two year prison sentence in a minimum security prison farm

The worst outcome:

He keeps going, totally ruins his family, commits suicide…[Read more]

-Basically, he has got to take ownership of this problem, that way he can also take ownership of his defense of the problem. At best case, he can make himself the victim

-Legally, this means he needs to own up (quickly) and with the same breath declare himself mentally deficient or…[Read more]

Ipswich used to be everyone’s favourite (I believe even Steve would even have a few here) for positive gearing. Now, some properties have increased 400% in 18 months. That’s no joke, I just sold one.

Be patient. Unless you are looking in the market every day to find the fraudulent agent or the…[Read more]

If you are buying for capital gain, look for a house with land. I frown on this investment very much because its no where near positive geared and you’ve got body corp…

It’s all good to buy for capital gain in this market, but it should be a reno or at least a nice bit of land

Keep looking

If this is done right, both units should be sold as his PPOR. Surely there is no GST.

Surely GST is only payable on ‘trading stock’ or a commercial property?

The downside is:
The land is not in established area known for tenacies
New buildings cost more than old ones often
holding costs while building
Council…[Read more]

What are the closest towns to Canberra (not Queenbeyan). There is Yass (50kms)which is even overpriced and is that it?

The question you ask about positive geared property (2 hours drve) is exactly the issue which I am confronting. Seriously, I won’t take the job if I can’t do the property thing as well.

I think I did find some opportunities but you have to be pretty…[Read more]

The question you ask about positive geared property (2 hours drve) is exactly the issue which I am confronting. Seriously, I won’t take the job if I can’t do the property thing as well.

I think I did find some opportunities but you have to be pretty…[Read more]

In this market, you should be very careful what you buy and your investment motivations behind it. Capital gain may not be a good enough motivation, depending on the deal

Hope that helps

A quality agent is worth double their commision because a quality agent should appear to be an impartial, expert negotiator on the sellers behalf. On a…[Read more]

Life is about living, doing and acting. Life is not about avoiding risk, loss or pain. Those things are inevitable, but can be managed.

People used to question why would I buy in a certain ‘undesirable’ neiborhood. Now similar people are paying five times as much to live in that neighbourhood.

The real…[Read more]

This is a joke I’m afraid

1. Streets ahead (how to buy for captal gains/negative gear)
2 Steves book (cashflow/positive gear
3 Real estate mistakes by Jenman (how to buy from bad real estate agents)

As for the Block, it was a giggle

I too was worried about empowering the masses about +ive cashflow, but to be honest it too much hardwork, dedication and even sacrifice for the masses.

ShaneB, I appreciate your scepticism about the impact of interest rates, but you will notice that this website has lots of investing tactics that could be…[Read more]

This thing is a steal for you. I think this is a $5-10 renovation depending on the costly plumbing stuff. The rest you can do in between having a few ales, catching some waves and rays.

I would strongly consider buying it, moving in to it and renting/selling your pad.…[Read more]

I know she’s in her 90’s but please, does it need to cost someone $7000. At this rate, no one will rent out to 90 yr olds because they can’t bear to toss them out. She proabably just needs help moving, that’s all