Thanks Luke.I didn't think too much about a letter drop. It's too easy for someone to throw them out.John

Hi,I do some investing in near by Wonthaggi. Some say it's Moe by the water. Those areas certainly have the infrastructure and the employment with the power stations etc.Things to be wary of are the crime rate that comes with an are that has this kind of socio demographics.What sort of investing are looking at?John

mrs palmer,it depends what your trying to do and how many you are gonna be doing. If your treating it like a business and doing multiple, i wouldn't worry about the capital gains.And your right, it's easier to sell with furniture. Maybe try and hire it or get the place staged. Goggle 'staged homes' to see what they do.All the bestJohn

Julz & Duckster,Thanks for you replies.I actually have done Brendan's Entrepreneurs Boot Camp which was fantastic and highly recommend it.Like you mentioned i have to ask, and word of mouth.John

Hi Sonny, Once again, present the address to planning dept of council and see if its possible. as for costs for all the processes you will be looking at $15K to $20K. This will include drafting or achitects cost, surveyors costs for subdivision etc. be aware you may have to provide a water retention system which can cost bw $8K and $15K. this is…[Read more]

Hi there,Mark Unwin is my Accountant. His based in Kew. I believe he bought Steve's old accounting firm. His very switched on when it comes to property investing.T (03) 9854 6317 | F (03) 9854 6292 | E mark@mjua.com.au       SUITE 604, 89 HIGH STREET, KEW VIC 3101I pasted his details from his website.Hope it helps.John

Hi R.E.QFrom my experience i see the town as a little sleepy. I had my eye on it in regards to commercial and the one thing that put me off was the amount of vacant commercial shops/office in the main street. In saying that though i bought commercail propety in another sleepy Vic town near Mildura (+ve geared) and have just sold it and down quite…[Read more]

Hi Johann,I personally cleared all my personal debt b4 i started to invest. If i had my time again i think i wouldnt wait to clear debt. It can take some time to pay off a house. I think you can get yourself in a comfortable financial position b4 you start and not be pouring all your income into personal debt items. Or you can do Dave Bradley did…[Read more]

Hi davidjj,Buy a lemon and transform it into a Gem!!I think with Reno /sell your got to look for something the is sort after in the area your investing in. On top of that you need to find out what the buyers are after in a Reno and cater to the markets needs.work out a budget and stick to it.Make sure you concentrate on the items that every one…[Read more]

Hi Daryl,Spot on!  I've done this a few times.What i did was simply close the blind fully  and taped the ends up with tape to hold them tightly together. then simply cut them with a circular saw. It would probably neater with a hacksaw or timber saw.Then i stained the ends of them. Depends how much you need to cut off them, it gets a bit tricky if…[Read more]

Hi pman,What your purpose in buying off the plan? Is it an investment? If so , what do you plan with? Hold? Sell? Live?Is it in a new devolopment area?, such as a new suburb for example Caroline springs?  The reason i ask is cos if your after a capital gain it tends to be slow in those areas cos the developer genarally controlls how much your…[Read more]

Thanks Julie!Its ironic cos i've actually met Tony a few years back when i was looking at comm property up there.He did seem to know what he was talking about, so i think you've just made my mind up for me.Thanks AgainJohn Tarenidis

Thanks Julie

Your replies are much appreciated

Thanks, will give it a go!!

John[biggrin]

I must thank everyone that has contributed to this topic.

Thanks!!!!

Its been a great help!!!
John

Thanks all for your responses!

I’ll check my deed and take it from there.

So if the company is mentioned under the beneficiaries section, then funds can also be distribited to the company at a tax rate of 30%???

Thanks Again

John

Thanks TerryW,

After speaking to my accountant I was told that i would have to pay the higher tax percentage and made no mention about leaving funds to the company?

Maybe i miss understood her?

John [biggrin][biggrin][biggrin]

Email me your email, and i’ll send you the details

Thanks JKM, THings I didn’t even think of!!

The properties in question are self storage complexes.

[biggrin][biggrin]

Are these type of properties of interest to investors? They are both in postcodes of over 50,000, and they are both Self storage complexes, both have provided 3yrs of finacials and are 12.5% average over the 3yr return.
They are of interest to me, but they are a little out of my price range.
the other question is, what is a good way to advertise…[Read more]