We’re on our third Australian Trust across 5 doors and have found that the structure does what it says on the box.

New loans are considered on their own merits, so the neutral / marginally positive cashflow situation of prior trusts do not adversely affect a new loan application.

Losses can be rolled to next year.

Profit disbursements c…[Read more]

Thanks for your thoughts.

It’s Carnegie, Melbourne, VIC. They are crazy about auctions down here. Only have a hammer….

Yes the agent was suggesting an auction marketing campaign @7k. Other agency commissions may be closer to 1%

The REA commission will only move $200 for each extra $10k that they can sell for. I personally don’t…[Read more]

We have this 1 BR apartment that was a necessary purchase  10 years ago but a poor investment, so we are looking to get out of it.

We are also in the midst of settling 3 IP’s and planning the renos on those, so are somewhat time-poor.

We spoke to RE agent and had two questions: 1. What’s it worth and 2. What w…[Read more]