Without holding you down to towns and such where are you looking ??

There’s many ways of finding information..are you looking rural or city ??

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

Unit Trust..

Hmm have to speak to accountant.. Thanks S.I.S, although it’s just an idea tossing around at the moment, i can see it’s benefits, and appreciate any posts of hazards of such a venture also, thanks

REDWING

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

Agree with Mel

Did the E-mail thing a long while ago, and got about a 20% response..

Face-face is much better as it builds rapore, try visiting any areas that you can ( see Steve;s book )

Phone calls are next best, have them e-mail you Properties of interest, lay it on ‘thick’ about your desire to purchase an Ip, ask lots of questions, and show…[Read more]

Shazza..

Do a *search* on this site for the areas you’re interested in, Rockhampton and surrounds have been discussed before.

Congratulations on making your first post and welcome to the forum, remember, reasearch ( due dilligence ) is paramount prior to making your purchase..as you will most likely suffer ‘buyers remorse’ afterwards like most…[Read more]

I like Kay’s suggestion..is that a ‘buyers incentive’ then..[}]

These R/E agents have novel way’s of marketing if so..

REDWING

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

7 Steps had some interesting information and another perspective is always good..

as usual absorb what’s usefull and discard the rubbish []

Decide on a strategy and begin to implement it..

REDWING

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

Hmmm struggling ??290=200+490

1200-490 = $610 per week in hand still or $ 2 440 per month

Maybe *write* down every time you spend $’s on something and at the end of each week see where your money is going..

Leswon – you say you can see Wrap’s becoming very popular ? Not for me, i wouldn’t buy a place under a wrap scheme, others would and do i…[Read more]

RYLU

Don’t know about the requirements to sign a lease, other than protecting yourself..

a friend of mine for years rented out 3 of his 4 bedroom house to friends for $100 p/wk each room, if they went away, $50 p/wk as storage and to keep room.

One year he finally mentioned this to his accountant who stated he should’ve declared it, as he could…[Read more]

Shouldn’t be a problem..

As has been said by mortgagehunter , however whilst you wait, why not do some low cost inprovements, also do some research into the area ( comparable property costs etc ) get at least 3 valuations done by R/E agents in the area to give you an idea of value..

Then why not..use the Equity M8[^]

REDWING

“Money is a…[Read more]

Grain Wood Flooring ???

Dunno……….

REDWING

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

Not only that, but it’s easier to keep a customer than get a new customer according to the marketing guru’s..

So- it’s good to look after your tenants especially long term ones..[^]

REDWING

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

Get QS to do Depreciation schedule now and wait a bit before you renovate those areas..

As said above – garbage..

REDWING

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

Agree..seek tax advice

i’d believe the Sale would have to be “At arms Length” if selling to family, especially at a discounted rate, where the only benefit is tax avoidance..

When you’re looking at $100k make sure you do it correctly..

REDWING

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

Loan to Value Ratio[^]

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

It Works..TRY IT

[][][][][]

REDWING

Just Joking !!

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

Originally posted by Rezix:
I was just thinking a one time GUARANTEED, NO EFFORT REQUIRED return of 33% + inflation may be more suitable until I complete my education, start working full time, and have weekends/nights free.

Where would you get a return like that especially Guaranteed..No effort required ( essentially no risk, high reward, high…[Read more]

Trev

This gets posted every now and again here… the general consensus is ‘no’, but remember it all depends on your personal strategy..

The Unit you looked at, you haven’t posted any details of costs etc associated and the deal.. hard to give an opinion..

Whatever you do, you have to be ‘comfortable’ with your decision and have decided on a…[Read more]

CTL

As Elves said, they may find you Finance or provide finance, then you’d be stuck !! adding in subject to finance, just so you have an ‘out’ if you change your mind is not the way to go..

Apply for deals you only seriously want and add..subject to ( conditions as above ) which can give you an ‘out’ if the property condition etc is not as…[Read more]

Same problem……..

taped it though []

To those that didn’t drop out, remember

Risk + Effort = Reward

REDWING

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

Exactly.. Why sell, by the way ‘not selling’ will really minimize your CGT []

there are always other options, maybe post some details in the ‘help’ or ‘finance’ area of this forum..

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