Your accountant is the best person to talk to. he/she be able to working the portion that you rent it out. If the house have 3br and your rented out 2 bedrooms and you share everything in the house ie. kitchen, toilet….then you be able to claim 2/3 for investment like interest rate, water rate, council rate and so for.

Warm…[Read more]

I try to calcualte the cashflow of purchase, can i find any financil templates from this forum ?

yes you can but you have to pay for it. Ask steve McKnight ie. buyer beware.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

Yes, coz all of us dead and the knowledge of +ve cashflow never pass on to the next generation

No, we all keep passing on the +ve cashflow ideas to the next generation

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

Last I convert my PPOR to IP the OSR don’t know about this. So I have to informed them.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

Quoted
– Stay in our home, and use the equity we have to borrow 100% against more investment properties.
We wouldn’t be paying out rent, but would be narrowing our choices of property to purchase as being 100% borrowed would cause a lot of properties to be negative cashflow.
Agreed

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the e…[Read more]

I got brochure sent it to me every now and then but never have any experience with them coz look quite expensive at the moment

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

look at Domain.com.au for Narrabri and Gunnedah. Trish is selling properties. i block of 8 units and i block of 4 units. Both are good returns. Narrabri is negotiable on price.
she need money for another project.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

1) What are the best, most time-saving preparations I can do (from O/S) so that I can make solid offers on IPs and not be spending my time chasing finance, time which I would rather spend travelling and looking etc.
Be prepare, ask your close relative to help in Oz before your return, find deals on the net first, emails RE in relation to the deals…[Read more]

my only experience is bring my child to the child care centre that’s all. May be I should buy one and put my child in there.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

I just found out one of the retirement village that e-destiny saling is the same one as the investors club is saling.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

Kay,

the $240k 4x2br Units is just one of the many deal. There are for example you can buy 1 lot for $85k and you can built 3x2br villa in it. Total cost is vary depend how big is the lot.

The deal is 10% return of purchase price if you buy for example $410k 12x2br then your return is 41kpa where as the pensioners will pay more than 10% of the…[Read more]

Correction 4 Old Units not new.

But there are thousand of deals that he’s offer.

For examples.
1. 4x2br Units x 7
2. 12x2br Units x 2
3. Old house
4. At less hundred of home and land packages
5. Hotel deal
6. Factory deal
.
.
and so on.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

Further more, when they signed the contract. It’s actually no contract but just a piece of paper with linked to other info hidden, I don’t know what’s in their and I don’t care if I don’t buy.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

You got to remember one thing. Someone paying for my trip in the last 2 days. So who pay for it? VO? I don’t think so.

S.I.S pay? I don’t think so because he did not buy any property? Who else? God know?

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

Once V.O. hit 1 millions property he stop working for life.
He will make money while he’s dead.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

Rugbyfan,

4x2br Units Cost $240k ie. $60k per Unit.

10% return ie. $24000 pa for 4x2br Units.

$24k / 4 = $6000 pa per unit.

$6000 / 52 = $115.38 pw per unit ie. 10% return

V.O. rent to pensioners at $125 pw or more. ie. more than 10% return the different go into his pocket.

Get it?

Warm Regards

ChanDollars
[Keep going, you’re nearly r…[Read more]

For a $240k property that has 4 units under one title.

There is a guaranteed $24k return each year.

$24k shared by 4 tentants renting it out is $115 pw, you will get from each tenant. V.O. has also added on top of that rent a $10 a week fee to each tenant on the lease.

So the actual rent the tenant/pensioner will pay is $125 per week.

On every…[Read more]

more than 3000 people reading this topic. That’s a lot

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

KH,

How much rent are the pensioners expected to pay sis and Chan?
What do you think if he give the investors 10% return already. Something like 15% return for the whole deal where 5% go straight into his pocket.

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]

may be V.O. is watching or reading this topic as well,

Hello V.O. nice to see you, wanna say something?

Warm Regards

ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]