>>You go to a party, you see an attractive boy/girl across the room. HE/SHE COMES OVER and says, “Hi, I hear you’re great in bed”.<<

Whereupon you pull a blow up doll of yourself out of your bag and say “$ 10 down and $ 5-00 a week”.

That is hire purchase marketing

>>You go to a party, you see an attractive boy/girl across the room. HE/SHE COMES OVER and says, “Hi, I hear you’re great in bed”.

Whereupon you pull a blow up doll of yourself out of your bag and say “$ 10 a quickie”.

That is short term rental marketing.

>>You go to a party, you see an attractive boy/girl across the room. HE/SHE COMES OVER and says, “Hi, I hear you’re great in bed”.

Whereupon you pull out the blow up doll from your bag and say “$ 10-00 a week and in two years time you can exercise your option to buy”.

That is lease/purchase marketing.

>>You go to a party, you see an attractive boy/girl across the room. HE/SHE COMES OVER and says, “Hi, I hear you’re great in bed”.

Whereupon you sell him/her a blow up doll of yourself.<<

In addititon to selling the doll you also sell him/her two dozen of different colour and shapes condoms.

That is multi marketing

You go to a party, you see an attractive boy/girl across the room. HE/SHE COMES OVER and says, “Hi, I hear you’re great in bed”.

Whereupon you sell him/her a blow up doll of yourself.

That is marketing.

>>I would argue that because PPOR mortgage rpts are made with after tax dollars, outside of RE booms, an IP is a better tax vehicle.<<

Look at it this way Bruce, you’ve got to live somewhere, nothing can change that.

So cashing in and moving onto the next one can be a very profitable venture.

Pisces

I had lunch with Julian the other day. It was a hot day and he asked me whether I would like some water.

I said ‘Yes please’.

So he came back with a cup of HOT water.

Well, Julian comes from a different culture so, not wanting to appear impolite or troublesome, I didn’t comment and just put up and shut up and drank the (hot) water.

I finished…[Read more]

Hi Jay, I noticed that this is your first post on this site. Welcome.

Your post made me sit up and question what I said earlier on.

You said : “The profit on EVERY house is tax free if you never sell.. simple refinance and use the money to purchase further property.”

Firstly it is one way to ‘step up’, going from one house to a better house (in…[Read more]

Another, large, advantage is that the way a loan is structured can make all the difference in the world between getting loan approval and not getting it.

If you go direct to the bank the lending person you deal with isn’t in a position where he can suggest to struture the application in a different manner because of the implications of doing so…[Read more]

Gee, you are putting me on the spot here as everyone has different criteria.

Personally I would judge that an increase in value of between $ 100 K to $ 200 K should be ample to start thinking of cashing in and putting some non taxable money into one’s pockets.

I guess one way of looking at things is that if one were in a position to sell one’s…[Read more]

If you try to find a deal you would be hard put to find a deal which looks as if it may be producing a 25% profit on cost.

Those kind of deals are few and far between.

I said ‘looks like’ because often there are unforseen problems which eat into the builder’s pocket.

I am not a builder but I would think that a 10% profit wouldn’t be too far off…[Read more]

Penguin, it looks as if you are a magician. You make money disappear.

if the yearly rent is xyz dollars you will receive the same anmount of rent over the year irrespective whether they pay on a weekly, fortnightly, or monthly basis.

BTW, I strongly suggest you get a solicitor to draw up the lease. there are several pitfalls if you don’t know…[Read more]

The formula is only correct if one were not required to pay tax on one’s profits.

Therefore the best tax vehicle really is one’s own house.

Once one has some sizeable equity in one’s own home consider replacing it with another home which you may be able to buy below market or where you can improve the value by making renovations.

The ‘profit’…[Read more]

Remember to keep your mortgage alive by keeping a small debit balance (if you’ve got a co-operating lender – and if you want to continue dealing with that same lender) you can avoid paying loan duty by utilising the same existing mortgage agreement.

all that has to happen is to keep the loan alive by (perhaps ?) placing say a $ 1,000 on deposit…[Read more]

Some time ago my wife gave a humorous talk at one of the Lions Clubs. The subject of the talk was ‘Food for Sex’.

Now, all the clubs make a point of talking to each other as they all want good speakers so as to induce their members to turn up regularly to their meetings.

So the people at this club knew beforehand they were in for a good talk…[Read more]

>>he said that sometimes 1/3 of the cost of the house is profit for the builder/developer… <<

It cannot of course be denied that that may be the case s-o-m-e-t-i-m-e-s.

But is also fair to say that the person you met is doing a fair bit of dreaming as generally builders do not make a large profit.

Even if it was the case it has got nothing…[Read more]

>>This is what one of the mortgage broker said (mortgage choice).<<

Do you think it possible that you misunderstood what the broker told you ?

Pisces

So what is the property worth as is ?

Sometimes it is possible to subdivide the existing house into two apartments and strata title them.

Is there room to retain the existing dwelling and just build a second dwelling ?

Is the existing house a brick house or what ?

I assume that the zoning allows either flats or Dual Occupancy ?

Pisces

>>… if you get paid monthly… you only get y x 12 = 12y. if you get paid weekly.. you get y/4 x 52 = 13y. A month worth of lease difference.<<

?????????

Pisces

>>Where can I get me some o’ them shoes?<<

‘Get’ ? You mean ‘Buy’ ?

I guess SIS may go and see whether he can find that guy.

Sis, he is a negro so perhaps not hard to spot.

Regards,

Jack