Total Members: 158,441

Rikky

  • Rikky replied to the topic What are the worse things to have near an IP? in the forum No Subject 18 years ago

    Train lines I have had a bit of trouble with mine

    We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic CF+ Properties in Ballart – your thoughts plz… in the forum Help Needed! 18 years ago

    If I could find + cf in ballarat I would buy there 7 days a week

    We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic but i am only 19! in the forum Help Needed! 18 years ago

    I wish I started at 19 just do it what ever it takes

    We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic Advice needed on getting this deal over the line.. in the forum Help Needed! 18 years ago

    Ozi

    How you going with that deal any luck ?

    We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic Advice needed on getting this deal over the line.. in the forum Help Needed! 18 years ago

    Ozi

    Sounds like your on a winner.
    If you need tips about renovating will talk to you about them tomorrow. Keep the iron in the fire with this one don’t let her sign up with an agent .

    Good work so far

    We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic Advice needed on getting this deal over the line.. in the forum Help Needed! 18 years ago

    Ozi

    Tell her agents cost about 3% + 2% in advetising. It could be a 2-3 month advertising canpane and another 2-3 months to settle. Toal of 6 months , if that money was invested somwere else for that time it could add up to anther 3.5% of the sale price (going on interest rates of roughly 7%) so the money in her hand would only be about 91.5% of…[Read more]

  • Rikky replied to the topic USA TODAY! in the forum Help Needed! 18 years ago

    Be careful there are people on this forum that will give you the wrong information in regards to property in the USA go over there by yourself and make an independent decision on investing over there . At the moment there are a lot of tour groups offering all sorts of glossy deals and from the surface they look great. Be very careful

    We buy…[Read more]

  • Rikky replied to the topic Usa property contacts in the forum Overseas Deals 18 years, 1 month ago

    Andy

    The gas is left on to heat the water pipes. But good call.
    Hay in nearly 12 months I have nit heard 1 success story about NY.
    Perry and accociates are puting together deals that are based in Texas, I personally feel that it is a good place to be investing at the moment.

    Good luck

    We buy properties cash fast settlements no fees no fuss.…[Read more]

  • Rikky replied to the topic Heading back to the USA in the forum No Subject 18 years, 1 month ago

    Nigel

    Good luck with it all , I am sure you will be successful in what you are doing over there.

    Kind regards Rick

    We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic How to calculate CGT? in the forum Legal & Accounting 18 years, 1 month ago

    CGT basically is a 50% disscount on your normal tax rate

    E.G. If you made $70,000 profit and you paid normal tax (lets say your tax rate is 48.5% this is the highest tax rate, due to your earning from your normal job ) then your tax bill on the extra $70,000 you made for the year would be 48.5% of $70,000 = $33,950 tax.

    CGT gives you a 50%…[Read more]

  • Rikky replied to the topic CF+ Melbourne CBD worth BUYING now? in the forum Help Needed! 18 years, 1 month ago

    shake the disease you have got to be joking, inner city propertys particularly appartments are at there lowest point in the property cycle , over supply and not enough buys sound like a case of supply and demand , I think shortly the tables will turn. If you can get +cf buy all of them why not.

    We buy properties cash fast settlements no fees no…[Read more]

  • Rikky replied to the topic Usa property contacts in the forum No Subject 18 years, 1 month ago

    007 I personally put Lisa in contact with the guys she is doing work with. The guy who runs the show is one of John Burleys best students ever and if you know anything about the USA investing you will know that John Burley is one of the most highly regarded Guru’s in the USA.
    If Lisa is doing as he is telling her she will be successful.
    From what…[Read more]

  • Rikky replied to the topic Quitting Your Day Job in the forum Opinionated! 18 years, 1 month ago

    Dazzling

    There are a few people on this forum that I admire and you are one of them . So when I read bits and peices that you have written I remember certain things . Anyway seems like you are traking well, thats great news.

    Cheers Rick

    We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic Quitting Your Day Job in the forum Opinionated! 18 years, 2 months ago

    Dazzling

    From memory you have a goal to stop work in april 07 give or take . How is that tracking ? I hope it is still looking that way , nice to see people achive there gaols.

    Cheers Rick

    We buy propertys cash
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic Claiming interest during building phase in the forum Legal & Accounting 18 years, 2 months ago

    Ussally if it is a deveopement that you are going to on sell , the interest will be added as a capital expence. However if you prove that the property was built to rent out you maybe ok to claim it.
    Your accountant should be able work out the best way around it.

    regards Rick

    We buy propertys cash
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic Investing in Footscray (Melbourne) in the forum Help Needed! 18 years, 3 months ago

    The footscray council is spending huge amounts of money over the next five years ( not sure how much but a lot) , I think that it is well and truely under valued for its location and the council has decided to do something about it , get rid of the stigma.
    I belive that as a long term investment footscary is a good investment.

    Buying Propertys…[Read more]

  • Rikky replied to the topic Urgent-I might have found an opportunity??? in the forum Help Needed! 18 years, 4 months ago

    Auzzielad,

    No I have never done it but I was going to demoish a house once to build units and it was brick and the builder found someone to relocate it. I don’t know what the out come was but it was a good size home that a recent reno to the bathroom and kitchen.

    Buying Propertys in the USA email me to learn more.
    propertywizkid@yahoo.com.au

  • Rikky replied to the topic Urgent-I might have found an opportunity??? in the forum Help Needed! 18 years, 4 months ago

    Aussielad,

    Do you know what your talking about?In theses situations you brace the frame before transporting .
    Dinah is right.
    You can move the house if you get rid of the bricks the roof is the same as a weather board it is held up by the frame . If the house is on stumps and it is not double brick it can be moved , in a lot of cases the house is…[Read more]

  • Rikky replied to the topic Martin Ayles in the forum Value Adding 18 years, 4 months ago

    I think this is another way of people making money by talking .
    I did not like what I read , I have developed a few places and the numbers have to be a lot better than that 2nd deal. I also do not belive he only put 20 hours into it, it takes 100s of hours just searchings for a property to develop.Even if he found the property easy it take so…[Read more]

  • Rikky replied to the topic The Good… And the Not So Good…. in the forum General Property 18 years, 5 months ago

    jenwren

    I love it , know exactly what you are talking about.

    Nazzysmith

    I think the problem is that the banks won’t lend the money so it makes it hard to do more than 1 property at a time , but I agree there could be a better way .
    Hey when the season starts would love to go for a board with you

    Cheers mate

    Buying Propertys in the USA email…[Read more]

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Rikky

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