Total Members: 149,781

PTinvests

  • Dean,

    This looks really interesting at first glance – I will look more closely soon. I am going over to NZ to look for property in July. Any chance we could have a chat to help me with my focus?

    PT

    Today is a new day. You will get out of it just what you put into it.

  • It’s not the first few years that cost you, it’s when they get to high school, particularly if you send them to a private school.

    Budgeting is importanct but as the others have said, having children is not about the cost it is far more about the enjoyment. Your life will never been the same.

    Go forth and multiply!! (The practice is fun…[Read more]

  • PTinvests replied to the topic Wrap value in the forum Creative Investing 15 years, 1 month ago

    Thanks Terry.

    One last question. Is 20% a rough rule of thumb? It certainly means the compound interest on the initial purchase price is <1% if viewed over a 25 year period, which seems very low.

    PT

    Today is a new day. You will get out of it just what you put into it.

  • PTinvests replied to the topic Wrap value in the forum Creative Investing 15 years, 1 month ago

    Thanks for the feedback.

    I suppose what I was trying to say was, how do you determine the price to sell the wrap property at to the wrapee, having just purchased it.

    For example:
    Purchase porperty at $100k
    Sale price for wrap deal $100k x X%

    Given these deals are a 25year mortgage, what is a reasonable % gain to expect on the original…[Read more]

  • Hi,

    I’m quite interested in the NZ market, but as you say, it needs a lot of research to make sure any deal makes sense.

    saotaylor

    Today is a new day. You will get out of it what you put into it.

  • PTinvests replied to the topic Profit and CGT in the forum No Subject 15 years, 1 month ago

    Hi, my first time on the forum, but hope this helps.
    CGT is payable at your full marginal rate if property or other assets sold for profit within 12 months. It is 50% of that if sold after 12 months – a significant saving!
    To calculate your CGT, you deduct from your sale price the actual cost of the property, legal and stamp duty and any other…[Read more]

PTinvests

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
149,781

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!