Warnbro/Waikiki beach is regularly…[Read more]

roofarmer@hotmail.com

Should be a good course and at $660 for the whole day including lunch it is a relative bargain!

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

roofarmer@hotmail.com

Should be a good course and at $660 for the whole day including lunch it is a relative bargain!

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

I’ll check my personal email tonight. If you haven’t contacted me send me an email to:

roofarmer@hotmail.com

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

Just hit the PM button at the bottom of the message. Alternatively you can email me at roofarmer@hotmail.com.

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

1. Sydney – Newtown/Enmore/Leichardt area. $650K 3 bed house @ $420/wk rent. $200K…[Read more]

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

The thing that scares me about “the Isa” is that you are relying on the price of copper on the world market (which is high today but could be low in 2-5 years time). I would rather be in control of my destiny rather than at the whim of the mining industry.

You should be looking at…[Read more]

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

I’ve learned a very valuable lesson!

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

Decide whether:

A. You want to invest for growth -or-
B. You want to invest for income.

If you choose A. you would be looking at buying houses (land appreciates) in metropolitan areas ideally within 10km of the CBD. Also you would want to split your money and buy many houses so this option would likely rule out Melbourne and Sydney as…[Read more]

Thanks for your suggestion. The house is currently only worth $60K as is and $90K with sub-division with $10,000 in costs to sub-divide.

I would be interested in how to put a cheap house on the site. I will PM you.

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

1. New train station (35 minutes to Perth) being built December 2006
2. One of the most beautiful beaches in Australia at Waikiki and Warnbro sound.

I bought there in 2002 – 4 bed on 725 sqm for $153,000 – now valued at $260,000 and only 10 years old.

“Most people operate under…[Read more]

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

I tend to disagree as I still think the whole area is still achieving growth rates which most would consider a boom. I remember reading an extract from the paper over in Perth showing Warnbro 3 bedroom medium growth of around 28% for last year!

My mum and dad and my sister have just moved over to the west and my sister is set to buy in…[Read more]

I am excited about the Sydney visitor idea as I had a similar thought a few weeks ago but discounted it because I thought…[Read more]

If you are running the wraps through a trust structure is the capital gains tax rate 30% or do you assume that you have distributed that profit to a beneficiary and the tax rate is their tax rate?

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

What’s more he is hardly doing any work himself to achieve these results.

He is thinking of writing a manual…[Read more]

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

Can you email me if you are:

roofarmer@hotmail.com

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

http://www.brendannichols.com/

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

http://www.theaustralian.news.com.au/common/story_page/0,5744,8805421%255E462,00.html

I am a little concerned but I think they are mainly targeting people who try to run their regular everyday business through a trust e.g. doctor’s practice, mechanic etc. However the lines are a bit blurred as…[Read more]

I have had some very promising responses indeed to this post. I will be looking to close this offer by the end of this week (15 February 2004), so please email me on:

roofarmer@hotmail.com

if you are interested and have not emailed yet.

I will respond to all those who have emailed by the end of the week.

Cheers

“Most people operate under…[Read more]

Contact me you may be interested in what I have to offer:

roofarmer@hotmail.com

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

You emailed me but I have lost your email. Would you please re e-mail me:

roofarmer@hotmail.com

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

roofarmer@hotmail.com

I have purchased/attended the following:
1. Rick Otton’s Wrap Pack
2. Joe Alts Wrap Your Way to Wealth
3. Dolf De Roos’ Property School
and avrious other wrap seminars etc.

As you can see I have spent quiet a bit…[Read more]

Email me at roofarmer@hotmail.com . I have a friend who is doing the Henry Kaye course.

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

The area was just outside of Brissie but had great rental return (above 8%) and massive capital gain (19.5%).

From what I’ve seen I’m definitely buying the full set.

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

Have you considered that maybe writing a ‘book’ is the wrong thing to do from a financial perspective. I am assuming you are going to sell said ‘book’ through a publisher where you will get maybe a 5% royalty (if you’re lucky).

I was always told never try to sell ‘a book’! Even a 12 chapter book will sell for more if you rip out each…[Read more]

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

I believe it was the old ‘Buy it now carrot’ that works so well in all businesses []. There was a discount if you put your money down on the night. This is fair enough though, as I was given the option of cancelling the next day if I wanted to.

I guess it’s a bit like wraps – if you don’t get any money from the prospect in the form…[Read more]

You can’t actually use a lease-option in QLD as the only person who can enter into this form of agreement is the government. You can however use aan ‘instalment contract’ which is essentially the same thing.

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

I can wholeheartadly recommend Steve’s seminar. It was definitely woth every cent I payed. His advice is very practical and useful.

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

I understand your concerns, but I’m just doing a little ‘Guerilla Marketing’ as per Stuart’s advice!![}]

Thanks for not coming down hard on me []

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

I believe a lot of people attacking positive cash flow are only thinking along the lines of ‘buy and hold’.

This is definitely NOT the only strategy out there and it is possible to find a lot more positive cash flow properties when you look through the ‘lease-option’ and ‘wraps’ looking glass e.g:

It may be possible to take a 12 month…[Read more]

What is important is to have a goal in mind, a strategy to reach that goal, and a system for choosing your desired properties (whether it be residential, commercial, positive cash flow, or capital gain, or a combination of all).

If you have a…[Read more]

I understand the ins and outs of depreciation fairly throughly but don’t quite know how you receive the benefit under a trust structure. Getting back to your example:

Turst Income: $40,000
Trust Expenses: $20,000
Depreciation: $10,000

Nett Trust Income: $10,000

Where does the $10,000 depreciation income go? Does it stay in the…[Read more]

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

So is what you are saying that the actual income you receive is $20,000 ($40,000 – $20,000) but you only pay tax on $10,000 due to the $10,000 depreciation?

Cheers

“Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

Never heard of “wraps” and “lease-options” – do a search on this forum using the words “wrap” and “lease option”.

Remember “buy and hold’ is not the only strategy you can use. Get creative and the profits will flow. Nobody is…[Read more]

The 11 Second Solution is a form of due-diligence over the numbers of a property (seperate from due-diligence on the physical property itself, and the potential/current tenants).

Essentially you take the rent achievable on the property, divide it by 2 and multiply it by 1000. The asking price for the property should be less than or equal to…[Read more]