Morning Chan$

I was reading another thread of SIS’s and you and i are at the same stage i think, we have IP’s initially – Geared, now achieving nuetral to positive gearing due to the recent Capital Gains achieved..

Kinda makes you glad you bought when you did and took the risks you did ! also happy i fixed my loans IO at the time i did as it’s…[Read more]

That’s the lifre of a retired property investor…

Always busy, hunting for deals still.. or relaxing with his kids [thumbsupanim]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

Originally posted by amlc_79:
I remember when I was 18 and I had so much money in the bank I didn’t know what to do with it and my older sister said “why don’t you buy some land?”, being 18, I thought “Land? pfft! what do i need land for?” so i bought a car. And am i kicking myself now! Land used to be $60,000 in the area taht i was looking at…[Read more]

What time does he start work ??

He may in fact have quiet a liesurely morning, as a broker i’d expect he’d be busy in the afternoon’s and early evenings, when he can catch up with his clients..

Maybe he was infering that you shouldn’t sell ( and realise a profit , as you’d lose some in CGT )but rather buy n hold..

My interpretation anyway…[Read more]

Jaffasoft

Are you then posting here ??

[specool]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

Mel

A friends sister, who is an accountant said you can have Hybrid trusts or Discretionary trusts, not a hybrid discretionary trust as i’ve seen discussed here.. is this correct.. as if she doesnt know much about the structures i wouldn’t like to use hers services ??

REDWING[fear]

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

Celivia

WHAT book was it in ?

REDWING[satan]

“Money is a currency, like electricity and it requires momentum to make it Effective”

Don’t you hate it when [grad]Still In School Goes all *cryptic* !![fear]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

Amlc..

Why land ??

You cannot get a tax deduction on the interest poayments on the land, so to me anyway, unless you build reasonably quick ( 1 year ) on the land, you waste ca$h..

Buying a Investment Property, to me, would be a better option, get a property ( earning income ) with your land content..

For your 1st property i’d recommend buying…[Read more]

Not only that..

But more importantly, getting in a QS now, would not be a tax deductible !! As well as not benefical at this stage..

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

All over the US ( cafe’s etc etc ) i found service to be great, was a *shock* coming home and not getting it..

However, the planes i flew on seemed old and ready to drop out of the sky, prefered Ansett[xx(] and Quantas[]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

I recall a story..

2 kids in the playground-

1st kid- “we’re so poor, my dad owes the bank $1000”

2nd kid- “we’re so rich, my dad owes the bank $1000 000”

It’s about gearing/leveraging and OPM, the faster way to ‘wealth’ or ‘ruin’

A $1000 000 debt would not be a problem to me, if, i had $4000 000 worth of assets, bringing in above and beyond…[Read more]

Originally posted by realdeal:
Will property bust or will there be a second cycle?

how high do interest rates have to go up before most investors get there hands burnt? say 10%?[:0]

There will always be a cyclic effect to investments, have a look historically, though over time things improve..

And do you remember the days of interest rates of…[Read more]

THANKS MATT !![^]

IT’S ADDICTIVE AND I THINK I’M GETTING WORSE..

BEST 82.5SCORE 579.7
REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

[^]CONGRATULATIONS GURU[^]

redwing

“Money is a currency, like electricity and it requires momentum to make it Effective”

Do you remember Chan$ doing the Chan-Chan a while back, and he was posting that ‘fast’ the pop up window telling him to wait 60seconds was coming up on his post’s…ROFLMAO when i saw that

[][][][][:p]

REDWING

It’s a good break visiting the forum frolic section..

“Money is a currency, like electricity and it requires momentum to make it Effective”

Rent To Price ?

Really Top Performer ?

Race To Pub ?

Really Tasty Pineapples ?

[][][][][][]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

Thought it was interesting and rated a post [^]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

Canneram

Mortgage nearly paid off ??

Congratulations[^]

sounds like you’ve done well, i’m sure there’s options open to you, that you haven’t explored yet..
REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

A Forum dance i’ve called the Chan Chan..

After someone we ALL know [][]

REDWING

Oh well.. thats 3 more

“Money is a currency, like electricity and it requires momentum to make it Effective”