Originally posted by GreatPig:

Discretionary trusts are generally favoured for property investors because of the asset protection and tax advantages they provide.

Am I right in saying that the asset protection comes not from the Discretionary trust but from having a corporate trusee for that trust?

______________________

I know I can, I know I can

Originally posted by Erika:
Hi All
Just a quick question Greg, Do you have any type of insurance like car, building etc or is it just landlord insurance you dont have. Do you have contents insurance? Erika

Hi Erica

Good question. We’re not anti-insurance, and have a whole battery of insurances in place, just no landlords insurance (i.e., no…[Read more]

Originally posted by patrickraj: Hi folks, Can anyone recommend me a decent accountant in Brisbane please?? regards, Patrick Raj

Hi Patrick

For my money, you won’t do better than Julia at Bantacs. I’ve never met her, nor do I have any connection whatsoever with her, but based on the quality of her posts on this forum my JV partner and I will…[Read more]

Originally posted by kp:
Regarding the premium for a portfolio of 20 IPs’…. surely you would be in a good poition to negotiate a discount on a bulk policy ? Hell!! you could almosy underwrite it yourself and start up your own insurance company !! Cheers, Kevin.

Hi Jo and all…

And kp… Long time no speak! [clown][bandana][bike2]

What you…[Read more]

Originally posted by Monopoly:
Hi Greg, …I finally managed to have evicted, but not before they took it upon themselves to leave me a parting gift…by totally trashing the property, and I mean REALLY TRASHING it!!! To the tune of 11k and whats worse, if that wasn’t bad enough, the next day they came back and finished the job…torching it to…[Read more]

Originally posted by FW:
Everybody who comes to property investing is at a different point in their life, with different dreams and goals. You have to look at what your most immediate goal is, and work out which property strategy will get you there the quickest.
My 7yo son summed it up best the other day – he’s seen both sides of the coin now -…[Read more]

Originally posted by Mateka:
Hello All,

I was wondering if anybody in the forums had any dealings with the people from We Buy Houses??

Hi Mateka

Check the current post “Joint Ventures to be or not to be?” where I have commented extensively re rick otton etc. The link is:

https://www.propertyinvesting.com/forum/topic/13904.html

Please…[Read more]

Originally posted by ridi:
Mr greg f Thank you for the sweet comments and thanks for that extra infor…. I actually copied it one other time because it looked interesting. I’v been sponging good information on this forum it’s totally awesome[suave] EXELLENT ADVICE Greg but tell me … with finance so easy to get these days are wraps really…[Read more]

Originally posted by noddies:
Hi Steve 3556[biggrin]
The book “a guide to property values 2003” is available it may be ordered online and costs $59.95 as a cd or $39.95 as a book.The link is

http://services.land.vic.gov.au/landchannel/content/guide

Regards Bryce Inglis

G’day Bryce

Awesome tip, mate. I hail from Qld, and have investing mates…[Read more]

Originally posted by ajgebhard: I take you point and the one of all the other CF+ advocates around here. “It’s just harder to find CF+ properties” but then it’s NOT possible to find these opportunities WHILE you are still working fulltime. Thus the praised Financial Independance is not possible with the CF+ strategy. Please, dear CF+ property…[Read more]

Originally posted by steve3556:
Hi All

Do any of you guys know if such reports are available direct from the Victorian Valuer General?

And hopefully cheaper than Residex?

Hi Steve

Why don’t you click the “Members” on the top LHS, go to Peter Spann and PM him directly so you can ask him where to get them?

I’ve just finished his book, and this…[Read more]

Originally posted by timtam:
http://www.webuyhouses.com.au Although, I’ve had a quick look and it seems to be a steer to another real estate perhaps? I dunno.. i’ll have another look and tell you if i’m wrong. Tam

Hi Muppet and Tam
You got me on that one, Muppet. I’ve never had any trouble getting onto it, so can’t figure. If you keep having trouble…[Read more]

Hi again Ridi

In case you haven’t already been “adviced out”, I thought I’d copy another post I put on a recent forum to Immortality, a keen property investor like yourself.

Lucifer ALWAYS gives good advice, so listen to him too, okay? (come on Lucifer, show Ridi your funny bone [biggrin][cap])

Cheers
Greg

Originally posted by yack:
Make…[Read more]

Originally posted by Lucifer_au: Also what experience in property do you have? When I talk to potential investors I show them deals I have done (with figures – CoCR), how I have tried to limit their downside, I also show them potential deals I’ve got lined up or ones that I had to pass up. You also need to know how to structure the deal properly…[Read more]

sorry guy’s… the ATO’s site isn’t the easiest to get arround (maybe it’s more because of the content…?)

May be a point mentioning to your account though?

oh I agree entirely, but I interpreted the point wasn’t so much about ‘Balarat’ being the place to invest – rather Balarat represented the right oppurtunities at that point in time.

Depending again on you particular strategy..

hence – it’s not realy about location – more about problem solving

I was sort of getting the impression from Steve’s books – that the whole point was NOT about location?

Rather, the deals are everywhere just as long as you looked for them..

(heh – easy for me to say though I guess… just starting out [blush2][blush2]

I was under the impresion that CGT was now calculated over a 7 year period?

eg. you were no longer entilited to an exemption for 12mths occupancy as PPoR.

hmm.. I’m trying to find it on the ATO site now [blink]

Tam,

If I had asked for peoples opinions on whether they thought I should buy the home first, find a customer first etc etc, I could appreciate some of the the comments made. I at no time did this, I simply wanted a simple answer to a simple question ‘Who should I get to show the home?’ This question has been answered by Sue, PK and Paul who…[Read more]

Jo,

Thanks for your concern, however I don’t have a ‘dilemma’ and Im not in a ‘bind’ as you so graciously put it. What I have is a very nice 3 bedroom home with a garage that I can either 1. Keep as a buy and hold as its cash flow positive, 2. Sell it under vendor finance or 3. Flip it for quick cash as I got it valued $45,000 more than I paid…[Read more]