PropertyInvesting.com | Michael and Loretta | Activity https://www.propertyinvesting.com/members/michael-and-loretta/activity/ Activity feed for Michael and Loretta. Tue, 14 Apr 2026 22:07:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 07a4d763352d62de10234649d12176d0 Michael and Loretta replied to the topic Cashflow 101 game in the forum Opinionated! https://www.propertyinvesting.com/topic/4368124-cashflow-101-game/page/2/#post-4429752 Sat, 08 Jan 2011 23:01:48 +0000 Karlm,Further to my comments about photocopying the Balance sheets from 101, I have just seen that you can purchase a pad from the below site for US$5.00.http://www.richdad.com/Store/Catalog.aspx?ProdType=ProductMultiTileCatID&ProdValue=3

]]> 4a08dedaec4f09107cd2c3dcd1105c2a Michael and Loretta replied to the topic Cashflow 101 game in the forum Opinionated! https://www.propertyinvesting.com/topic/4368124-cashflow-101-game/page/2/#post-4429750 Sat, 08 Jan 2011 02:18:20 +0000 Hi Karlm.We have both the 101 and 202. All we do is photocopy the pages and rarely use the originals from the pad. Easy done. :)We both play these games often and enjoy them very much. Can be up to two times a month. Loretta enjoys the 202 as it is very excitng as you can go bankrupt and get hit with heaps of additional expenses while I enjoy the…[Read more]

]]> 8fa7b26514d8e2cf75fd52dc9f66b4f3 Michael and Loretta replied to the topic ?Dumb question re YIELD...? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401865-dumb-question-re-yield/#post-4636058 Wed, 17 Nov 2010 05:28:41 +0000 Hi Swampy,Just another idea that I use for when I look at my current IP to how I calculate the yield for a new IP. Some people disagree with my method and some people understand what I am saying   but still may not agree. lol. This is just how I do it – right or wrong – it is up to each individual to make that decision. ( I see my wife shaking h…[Read more]

]]> 9afdf75b130cc17ff5f41a5a1fdb3fad Michael and Loretta replied to the topic TAFE Property Investment Programs in the forum General Property https://www.propertyinvesting.com/topic/4395188-tafe-property-investment-programs/#post-4598014 Thu, 24 Jun 2010 03:42:11 +0000 No we have not done the course yet, wisepearl, as TAFE QLD still did not get it up and going. I have recently searched on the TAFE site again and could not see any courses at all – only for shares.So we are looking for other alternatives where maybe you can meet with other like minded people for perhaps social drinks or dinner to share ideas,…[Read more]

]]> 5767bba5143d7c9e8e8c3fdc1ec29ae1 Michael and Loretta replied to the topic Loans - Self-employed or employee better for financial institutions in the forum Help Needed! https://www.propertyinvesting.com/topic/4399400-loans-self-employed-or-employee-better-for-financial-institutions/#post-4621255 Tue, 06 Apr 2010 04:44:05 +0000 Thanks for your information, Richard and Terry.i just needed to obtain other opinions as a good friend of ours stated that when he was self-employed he found it very difficult to get finance compared to as an employee.I have noted oter comments you have expressed in this Forum and respect both of your viewpoints.M & L

]]> 349252f5402cfa2462fce907596de42e Michael and Loretta replied to the topic TAFE Property Investment Programs in the forum General Property https://www.propertyinvesting.com/topic/4395188-tafe-property-investment-programs/#post-4598006 Tue, 20 Jan 2009 23:44:43 +0000 Thanks, Linar & Michael for your input.I agree with Michael that there are seminars that are out to promote their own end…. been to some of them years ago.When I Rang Gold Coast TAFE about the course yesterday, the lady that I spoke to was very keen on the course heself as she has heard it was very good.  I have enclosed a brief summary of the…[Read more]

]]> a26fb7ae1a6c6bccb708458ad3d1d5f4 Michael and Loretta started the topic TAFE Property Investment Programs in the forum General Property https://www.propertyinvesting.com/topic/4395188-tafe-property-investment-programs/ Tue, 20 Jan 2009 03:31:49 +0000 Hi all.

I have noticed that a lot of TAFE's are offering a 20 week course in Property Investing. The course costs $1834 at the Gold Coast TAFE.

Just after input to see if anyone has completed this course and how they found it and any other opinions.

Thank you all in advance.

M & L

]]> 92b8288525a42a572613d4be2b42faf6 Michael and Loretta replied to the topic Centerlink cut off an IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4392793-centerlink-cut-off-an-ip/#post-4585304 Thu, 03 Apr 2008 06:08:52 +0000 With the assets test for investment property,  the nett assets are taken into account – Value of the property less loan to purchase the property. For the income test if expenses are greater than income, it is assessed as nil. This is for Pensions and Allowances.Yet in saying that, for Family Tax Benefit (FTB), it is a different story. If real…[Read more]

]]> 86c9ec2dcf7135f4bc4f3581fd29be69 Michael and Loretta replied to the topic Centerlink cut off an IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4392793-centerlink-cut-off-an-ip/#post-4585301 Wed, 02 Apr 2008 04:26:35 +0000 If you buy an IP and most of the value of the IP is in your loan, it will not affect you really for the assets test. The income test will be nil if the property is either positively geared & negatively geared tax wise or it is fully negative geared.If you wish to get further clarification talk to Centrelink's Financial Information Service (FIS)…[Read more]

]]> 8e87b802cc33003c39ae729be3aaa318 Michael and Loretta replied to the topic Retirment VIllages as Investments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391961-retirment-villages-as-investments/#post-4580836 Mon, 21 Jan 2008 00:49:51 +0000 Taking the above details we have been discussing though – knowing that these types of investments are "specialialised"- I have noted again that the nett return are still between 8 – 10%. Is it still worth considering these types of investments?

]]> 20dcf220e64ade7062f7e8a60dd5af3a Michael and Loretta replied to the topic Retirment VIllages as Investments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391961-retirment-villages-as-investments/#post-4580835 Mon, 21 Jan 2008 00:39:48 +0000 Taking the above details we have been discussing though – knowing that these types of investments are "specialialised"- I have noted again that the nett return are still between 8 – 10%. Is it still worth considering these types of investments?

]]> 22d5224e1ae67bc39995e0c09fc9357e Michael and Loretta replied to the topic What is and how do you calculate ROI? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391987-what-is-and-how-do-you-calculate-roi/#post-4580990 Thu, 17 Jan 2008 02:48:55 +0000 Thanks for those details, Steve.There are some things I was not aware of – CoCR.Thank you for your input.   :)Michael and Loretta

]]> 9367a0a00370e8fddedd3f1709933675 Michael and Loretta replied to the topic What is and how do you calculate ROI? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391987-what-is-and-how-do-you-calculate-roi/#post-4580988 Wed, 16 Jan 2008 09:41:23 +0000 It does, Ross. thank you.   :) But it only then raises more questions. Which is the best to use then? What you invest in the property yourself or the whole value of the property?Also what do you mean by "cash return"?ThanksMichael and Loretta

]]> 66d04ab0c79d12b806349d0618a79cbd Michael and Loretta replied to the topic Retirment VIllages as Investments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391961-retirment-villages-as-investments/#post-4580832 Tue, 15 Jan 2008 10:59:58 +0000 Wow!! Thanks for that, Trakka. We may need to do more research on this then  DEFINITELY!!!!Thank you for valuable information you have given us.   :)

]]> fa536158fa25b591a1f3feddb150f971 Michael and Loretta replied to the topic Retirment VIllages as Investments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391961-retirment-villages-as-investments/#post-4580830 Tue, 15 Jan 2008 07:08:49 +0000 WOW! Is that correct that it is hard to borrow for these types of investments?    hmmmm Thanks for that, Trakka. I was looking at putting in about 20% of the cost.

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