PropertyInvesting.com | ritchiematheson | Activity https://www.propertyinvesting.com/members/ritchiematheson/activity/ Activity feed for ritchiematheson. Mon, 13 Apr 2026 13:56:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a0e1ff099f65d52854667568eabcd16a ritchiematheson replied to the topic Need recommendation - Melbourne Accountants specialises in investment properties in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4919056-need-recommendation-melbourne-accountants-specialises-in-investment-properties/#post-4990494 Wed, 14 May 2014 01:58:54 +0000 Hi Everyone,

My partner and I just meet with Jovic accountants in Geelong Yesterday.
They are part of Bantacs group. (worth getting Noel Whittaker book)

we were very happy with responses to questions we had before we meet them, and the planning options put forward.

they also do not do free consults, but if you go prepared with your questions…[Read more]

]]> d6cf5b976476489df4b86a2d5cc38f2b ritchiematheson replied to the topic For all of you Creative Types Here.. (rental dilemma) in the forum Help Needed! https://www.propertyinvesting.com/topic/4410244-for-all-of-you-creative-types-here-rental-dilemma/#post-4696155 Mon, 11 Nov 2013 10:50:00 +0000 Thanks Terry, no I did not make that distinction in my post, but wasn't really where I was going
 cool

]]> 578453f33a8239f891498115260cb3ac ritchiematheson replied to the topic vendor finance help needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4410246-vendor-finance-help-needed/#post-4696173 Sun, 10 Nov 2013 06:34:52 +0000 Thanks Richard,

Is this likely to be a major road block/barrier? or is it a registration and approval process?

Can you point me in direction of where I can find information on criteria I need to meet to become licensed?

Cheers
Ritchie

]]> 8429b03cc61162edf58a3acc25aa41fa ritchiematheson replied to the topic vendor finance help needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4410246-vendor-finance-help-needed/#post-4696171 Sun, 10 Nov 2013 00:35:33 +0000 I have the following skill and knowledge, and license in regards to vendor finance

1. little or
2. very little
3. most would say none.

hence I am looking at employing an "experienced and qualified person" to facilitate the transaction 

I am examining if this is a viable exit strategy for this property.

This appears to be a way to maximise my…[Read more]

]]> c98c54b0845e0fbcf218a52a9c4d50aa ritchiematheson replied to the topic Work this out? in the forum General Property https://www.propertyinvesting.com/topic/4409959-work-this-out/#post-4694440 Sat, 09 Nov 2013 12:15:15 +0000 Hi Jary,

Welcome, you've done the hardest part and that's ask the question…

a VERY ROUGH way to work out cash flow is using the 1% rule.

there are few threads on it in the forum.

Take it with big gain of salt, as there are buying costs, holding cost, deprecation, maintenance, interest rate changes etc.. etc.. to factor in

if the figure is…[Read more]

]]> 7dd563f0f071a38ae852ee85fc486b5f ritchiematheson replied to the topic For all of you Creative Types Here.. (rental dilemma) in the forum Help Needed! https://www.propertyinvesting.com/topic/4410244-for-all-of-you-creative-types-here-rental-dilemma/#post-4696151 Sat, 09 Nov 2013 11:55:38 +0000 Jim, be very careful on how you proceed with this.
It can land you in a lot of hot water with the ATO. and on the face of it (if you do not declare the facts, it is fraud)

As stated in requirements of the grant (which is a reasonable sum of money, please don't forget this. Its a privilege in Australia not a right) you must reside in the property…[Read more]

]]> c09dda2e0441af4b47798f617cd6294b ritchiematheson replied to the topic Steve's Property Apprenticeship Cert IV course in the forum Heads Up! https://www.propertyinvesting.com/topic/4407345-steves-property-apprenticeship-cert-iv-course/#post-4675284 Wed, 09 Jan 2013 03:24:59 +0000 Hi guys, 
I have started, and the amount of work gone into producing the resources is fantastic.

You receive a folder with a large amount of reading materials, broken down into simple easy to manage modules and sections.

a private login to online resources to recorded webinars, Q&A sheets etc..

There are people in the office you can phone…[Read more]

]]> 743f3604ca037a43298f72668355f06d ritchiematheson replied to the topic Asset Protection/Tax Structure in the forum Help Needed! https://www.propertyinvesting.com/topic/4408250-asset-protectiontax-structure/#post-4682290 Sat, 22 Dec 2012 00:12:46 +0000 Hi Tom,

I congratulate you on entering the property investment world early in life.
It looks like you have the drive to research and understand what you are getting into, which will put you in a great place in the future.

I have made some errors along my journey which I would like to share with you and some things I have learnt;

1) be very…[Read more]

]]> b60f5c7e66c1bcb5fa5e0846b7905503 ritchiematheson replied to the topic property development finance structure... in the forum Finance https://www.propertyinvesting.com/topic/4407969-property-development-finance-structure/#post-4679999 Sun, 28 Oct 2012 09:04:57 +0000 He has provided me with some borrowing options with my current structure, and is able to assist with borrowing through a Trust if required
Moreover, now that I am looking at the next step up, my basic understanding is I need to structure to protect myself, and my assets better than my current setup.

So here I am.

I'm fast coming to the…[Read more]

]]> 253e4860186d9ec3bcdca42b569c9151 ritchiematheson replied to the topic property development finance structure... in the forum Finance https://www.propertyinvesting.com/topic/4407969-property-development-finance-structure/#post-4679996 Sun, 28 Oct 2012 00:47:23 +0000 Cheers 007,
I have started to put together a good team,
I have a very good finance broker who is the process of establishing finance.
However, before I wish to proceed I want to ensure the account / business structure is correct

One thing I am trying to learn more about is the Trust Deed, and any terms I should or should not include

Cheers

Ritchie

]]> aa211dfecb5fdb57b1a2d27040167137 ritchiematheson replied to the topic property development finance structure... in the forum Finance https://www.propertyinvesting.com/topic/4407969-property-development-finance-structure/#post-4679993 Sat, 27 Oct 2012 09:47:01 +0000 Hi Terry,

The LOC was set up to have a clear separate investment transactions account, and not to be mixed with personal spending.
Also a buffer for when I am not able to keep a close eye on the balance, as I am often away.

As I have reached a point where I am assessing my current structure with the mind set of becoming a property developer.

I…[Read more]

]]> 43c17f22c1cb0194c7141f7eb1e26811 ritchiematheson replied to the topic Accounting & Tax Structures - A Guide for Property Investors (DRAFT) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407751-accounting-tax-structures-a-guide-for-property-investors-draft/#post-4678505 Fri, 26 Oct 2012 18:45:11 +0000 Hi Richard,

I am very interested in your information;
unfortunately I get an error the document I am looking for does not exist.

has it been removed?

cheers
Ritchie

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