NatYou took a big bite  and now you need to chew like Crazy .Now you know its better to start small and grow big then start big and not be able to grow at all….Time patience and chipping away at the debt is all you can do for now…keep chewing Nat eventually you will be able to swallow this lesson down and  be in a position to  look for an …[Read more]

HiJust my personal slant on your problem. But you need to over come the emotional block that prevents you from investing out side your own location .If you  limit your self to an area  you live in or are  in close proximity to.Is to  ignore the  potential of the rest of  market  to provide the type of properties that could be wise investment…[Read more]

 unfortunaly  you are bound by the contract …if the value was higher then the amount on the contract would you like them to increase the price to reflect the current market value ?remember its only a perceived value of what some one MIGHT be willing to pay.. this is the problem with buying off the plan you have an equal chance of gaining val…[Read more]

HiI can tell you 100% the ATO will not have any problems with your trust tax return. I also have the  same structure as you."Company PTY LTD.. ATF family trust."and only the company name is on all the title deeds  NOT  ATF family trust… your solicitors is right and it is the same in all states.I have property in W.A, N.S.W and Vic  and all th…[Read more]

Contact the local council, they may have copies on fileGood luck !

Hi  aoI was wondering  how reliable is your assumption on an ever  increasing value of the unit you intend to buy , when you consider 600 similar units will soon be on the market added to the existing 200 wow 800 units ??I would be worried about over suply  and being caught with an  over priced property….that's just MHO  BUT @ 535k it would wan…[Read more]

Hi JohannBuy land build and rent      orBuy house  and rent ?Buying land and building can  be a very expensive undertaking, when you consider the time and money you will need to spend in locating the land and then transfering ownership which could take up to 6 months from now.. After this you will also need to have access to various amounts o…[Read more]

Did I read right ?

kiaraxoxo96 wrote:
hey everybody i know a great law office and they have solicitors and really good people that specialise in conveyincing.here are the detailsBehan LegalLevel 1, 270 Bay stPort Melbourne, 3207

   this is the same firm that Ruggiero22303 works for      Whats up guys ? Drumming up some business on the Foru…[Read more]

Hi If i was you I would not  pay any thing untill you talk with the building inspecter and confirm every thing has been done (To Lock Up )  correct specs, materials, workmanship and quality is acceptable …  windows and doors fit no gaps, weather seals are all in   etc etc  take it easy  check every thing and make sure  your self  that things…[Read more]

Hi World changerany other web sites for U.S property ?Have friends in Georgia New Jersey and Ohio , would you think it better to start looking in these area's ? I.e local knowledge feed back and places to stay when / if  I go over to purchase….thanks for any tips !

Interesting strategy servetusany litierature  on this available ?

Hi MoneyHoneyCongrats on the I.p's and the PPOR..There is not enough info to analyze all the possible scenarios  and what the out come of choosing any of them would be….lower your $500 weekly income to $240 and  remove the $350 repayments ? Would it be better to refinance and extract all the equity over both IP's and reinvest in more income pr…[Read more]

Hi NinaI have to agree with THEHEATH. stop paying 280 a week in rent and start looking for a house you can buy and pay 280 a week on the mortgage with first home owners grants and a tight budget you should be able to find some thing a little further out in the burbs … look  its simple… 280 a week  rent is dead money. 280 a week on a mo…[Read more]

HiOnce you decide which property or properties you want to make an offer on you inform the owner or the agent of a price your willing to pay "the offer" most people make it subject to finance building and pest inspection.This gives you a pull out strategy if you find later that the house needs major repairs is termite infested or your Bank wont…[Read more]

 I agree with Tysonboss1look at a " Unit Trust "  as a siutable set up.  

I have a hybrid family trust ( hybrid discretionary trust) and an ABN connected to the trust GST account in the trust/company name   $6 monthly fee same as my St George freedom Account.Interest off set account in the name of trust/Company  no ongoing fee's  $150 one time set up fee,  same cost for an individual to set up.Extra loan fee's on IO loa…[Read more]

Bonnie wrote:
For what it's worth, I know of a couple of really ridiculous offers that have been accepted by some desperate sellers lately.quote] Bonniecan you be more specific in what was offered and accepted please ?Thanks

Glad you worked things outYou lost some money but you handled  it  well  ! Shows  charecter  !!!  

 I asked the same question  on the forums but no reply yetany one had dealings with this site ?