Reminds me…..I’ll have to get my old coin collection and notes valued !!

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Didn’t Dolf De Roos also Promote this concept in his book also, redrawing on the Equity of IP 1 , Then Next year IP 2 etc etc and back to IP 1 , wherein, if in a Growth area, by the time you get back to it, the Value has again increased.

– Not at retirement age, but think about my long term goals too..

REDWING

“Money is a currency, like…[Read more]

Keep the property for the immediate future for the reasons listed above, by all means get a valuation done on the IP after your 12 months and reavaluete your options then..

Your first Tax return should be healthy, definetly get QS in. Dont change tactics just because you want + geared IP’s, you’ve done a deal, evaluate it again after 12months i’d…[Read more]

LOL – Laugh Out Loud …most common
ROFLMAO- Rolling On Floor Laughing My Ass Off

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Also… researching on the internet alone will not help in locating a lot of deals, as they aren’t marketed here..

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Derek

ECU splitting Courses between Mt Lawley and Joondalup Campus, Churchlands will be empty supposedly be 2007, the land turned into housing estates.

Joondalup ‘and’ Mt Lawley Campuses will be Growing

Yarwood

Re Perth, i’ve noticed more properties for sale, and prices ‘dropping’ on several iu know off about $10K, in my local areas i’ve…[Read more]

Aren’t Morals the teeth right at the back of your mouth ??[biggrin]

I’d buy the IP, offer it to them as a rental, pointing out they would be better financialy to ‘rent’ and buy a cheaper IP with thier hard earned dolllar$

[cap]

*Joking*

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The…[Read more]

What i want to know is what was Steve doing ‘cruising’ E-bay looking at wedding dresses that fit a man built lke a Truckie !![blink]

Hmmmmmmmmmm

Ha Ha Ha

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Kool…… Glad it Helped[thumbsupanim]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Thanks ALL, i’m sure some of the newbies will find these posts very interesting, i Am [biggrin]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Yarwood,
Echoing Rugbyfans comments, you sound as if you’re a pretty switched-on individual and have a reasonable grasp of the Perth Market.

Reading the ‘West’ of late Perth is now experiencing a ‘glut’ of properties on the market and price reductions in some cases. However, many projects North and South of Perth are still on the table.

The…[Read more]

Some great post’s , looking forward to many more !

Great post re: your PM Derek, and keeping on top of things, it’s a ‘business’ after all and at the very least most of us have Thousands invested.

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow…[Read more]

Originally posted by Jaffasoft:

So you could be indeafinantly be paying of the $80,000?

Yes… I’d rather put any ‘spare’ money into my non-deductible loan on my PPOR, also quickly reducing the loan ‘and’ building my equity, does it worry me that i’m not reducing the principal part of the loan “NO”[biggrin]

As to paying it out with the capital…[Read more]

Originally posted by gazzaa:
do we have the house valued by valuers or can we have REs give appraisals would this be valid to the ATO also are there any other tax benifits avail
cheers gazza[confused2]

Gazza..

Pardon my ignorance, but, Why does the valuation have to be valid to the ATO ???

I’d do as Derek suggests also and if using as an IP…[Read more]

Probally the same in a lot of areas delsye, in my local area two properties i know of have dropped $10K, one has since sold the other is still on the market, and yes, more propereties seem to be on the market of late, seems to be ‘that’ phase of the cycle and the wheel is turning.

Some great ideas above by others, all the best…[Read more]

If you had the chance to start over again, knowing what you know now, what would you do differently the second time around?

What Advice can you disperse ?

Do The SUMS..

The condition and location of your Investment properties is of major importance, however, more so is the Mathematics of the Deal !

The saying “you make your money when you…[Read more]

Carlover..

Experience..Yes, lot’s when you get home in the early hours of the morning and it’s INFOMERCIAL hour, the same info repeated many different ways, i know all about Chuck Norris’s all in one gym, Danoz’s products, Victoria Principals make – up products… better than Valium [thumbsupanim]

Some good ideas in his book..have a look…[Read more]

Why not buy the Wrap pack.. and get ALL the answers ??

REDWING[biggrin]

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I know Property prices *shot* upwards after the overthrow of Nicolae Ceausescu President now is Ion Iliescu!

From what i’ve heard a fair bit of Oil found in Romania some years back, and the resorts/ casinos on the edge of the Black sea were very busy..

REDWING

“Money is a currency, like electricity and it requires momentum to make it…[Read more]

Tycoon..

Factor in loan application and associated costs and loan discharge costs etc.. plus CGT, and the IP held for under a year..seems to be an expensive exersize my friend….

Do yourself a Favour, read Peter Spanns Book “Wealth Magic”,or Steve MacKnights book- maybe you’ll see other ways of building your wealth [king]

“Crunch” the numbers…[Read more]