[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 5, 2005 - 4:18 am

Please also check with your lender or broker first. Sometimes Lenders are fussy and uncertain when you mention student accomocations.

Chers,
herman’

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 4, 2005 - 6:27 am

Hi Giddo,

How much is your loan amount, if it’s under $500k,
call and try City bank. If over $500k, Try maquaire bank. Alternatively speak to Morgage Hunter. he is a mortgage broker, also a conributor of this forum.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 4, 2005 - 6:13 am

I quite agree with Mat’s comment on LOC vs Offset account. The key thing is when you use LOC for investment purpose, you don’t mix personal use with investment one. A good accountant should also be able to advise you how to structure and utilise the LOC or offseting.

by the way Mat, some lenders nowadys can offer the same rate for SVR with offsetting and for LOC. shop around.

cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 2, 2005 - 12:43 pm

Hi Mat,

You are absolutely right.

herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 2, 2005 - 2:29 am

Hi Liz,

I’m not sure myself. I think it has something to do with the ways stamp duties are imposed on the properties. any other morgage experts could throw some light on this.

thanks,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 2, 2005 - 2:20 am

Hi Yidn_shalom24,

Good points put forward. And make sense to me.

cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 1, 2005 - 7:50 am

I tend to agree with APerry, i.e focus on your PPOR first by paying P&I. and let the IP on IO. Once you finish off your home mortgage than you switch your focus to the next one – your IP. But if you feel comfortable to pay P&I on both, then why not.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 29, 2005 - 12:34 pm

I had ever made an inquiry about its development service about a month ago. But one of their staff answered that they could take care of development projects in Melbourne only. Is it right?

herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 29, 2005 - 4:04 am

Making sure you also collect at least three month of your utility bills, under your name, when you live in the property during the minimum six month occupation. The OSR will be asking for those evicences.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 27, 2005 - 11:30 am

Just curious if there is anybody has invested or has had experience investing in BAli. If there is, please share your story with us. much appreciated.

Regards,
Herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 23, 2005 - 1:45 pm

Hi Andrew,

Shop around for a better product that suit your needs. Talk to a mortgage broker near to your suburb or neighbourhood. There are also a few experienced ones in this forum.

Good luck.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 22, 2005 - 5:05 am

Hi Dematio,

A friend of mine have bought two properties there. he bought one for $25,000, and potential rent is $120/week. Another one was $35,000 for similar rent. I could not believe my ears when I first heard from him. Does this sound true?

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 21, 2005 - 12:09 pm

Hi Daniel,

I have also been using Residex data from time to time to choose the areas I’m to focus on. If I could find a couple of good deals as well, I normally go and pay a visit to the place I have chosen. Partly to gain a local knolwedge of the place, and partly to verify the data presented by Residex. And whenever appropriate of course negotiate the deals direct.

I hope this helps.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 14, 2005 - 1:38 am

Hi All,

There is always two sides of a coin. It depends on which side you stand for. After knowing him from his books and seminars. I believe Steve has a mission of his own, which to me is genuine. He is genuine to share his invetment philosophy and techniques. It’s up to an indiviudal if he or she wants to adopt it and make use of it.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 13, 2005 - 10:32 pm

I’m a ‘Results’ participant as well. So far, the program is worth the money I invested. And I noticed the majority of the members feeled the same.

Regards,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 12, 2005 - 7:08 am

I think we should not forget Steve McKnight being one who retires rich and retires young as well. Remember he’s just 33 this year! am I right?

Cheers,
Herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 10, 2005 - 2:35 pm

I’d like to get the chance to claim travelling costs in my tax return. So I spread the properties in Sydney (where I live in), NSw, Queenslands, WA and SA.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 8, 2005 - 9:27 pm

Hi Bec,

I’m from Sydney. Much appreciated if you could include me in your database.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 2, 2005 - 11:43 am

Hi Gross,

If you haven’t done so, why don’t you invest the money in various property sydndicates. they will give you 8 to 8.25% p.a on rental dividents, paid monthly. And after five to six years, when the propeties were sold, you might get another 40-50% divedent on capital gains. some one will be managing your money hassle-free.

What do you thnik?

Cheers,
learn&share

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

November 2, 2005 - 11:28 am

Hi Pete&Jakie,

Please email your question to the author, Phil Batey, at

[email protected]

Cheers,
learn&share