Marc1,

Excellent idea mark, and you may be able to agree on something apart from trade dollars.
Dom

Redwing,
(My favorite) 1. Complicated ways the avoid CGT on IP.
2. This forum and other PI Forums.
3. How to find + geared properies.
4. How to sell privatly.
5. How to find a good accountant
6. How to self manage your IP.
Cheers Dom[biggrin]

Marc1,

Let me know if you find out. Very interesting but i doubt that would be the case with IP everybody would be doing this.
Dom[biggrin]

wejons1,
No but thanks for the advise.I can easly have that done.
Cheers Dom

Hi,
I went to my ip for an inspection about a week ago and popped my head over the next door nieghbours pool, i am not sure but i think i saw a crocodile swimming in it LOL.

This guy has got to be kidding, i would not pay him 1 cent even if he took me to the highest court house after i saw his pool.It was greener than than a swamp and palm leaves…[Read more]

Its not a matter of just selling a property it is the whole learning process that comes along with it which can give a new vendor the edge. For example you would need to go to a solicitor first before you put your property on the market.You may need a valuer or a building and pest inspection you should know how to negotiate with buyers or to part…[Read more]

Tim,
Here,here[biggrin]

Derek,
I have no reason to cancel it but good to know,and i think you still have to be carefull if your not good with money as your little goldmine may run out of gold.LOL

DOM[biggrin]

Hi Daaj
You have asked the question
you have not answered it yourself

Why???
kaloni
Your the first to ask.
I have 1 PPOR owe $140,000 and have total of 4 IP not owned at approx valuation $900,000.

The reason i dont pay off PPOR is because you can never say it will stay your PPOR, and it will be a tax benifit at a later stage if it turns into an…[Read more]

Thanks Derek,
Great information and thanks, now i just have to work out if its the best thing to do for my situation.

One last question do you inccur any costs if you cancel the LOC?
Cheers Dom[biggrin]

How does a line of credit work exactly for example LOC $50,000 at 7% draw out $10,000 leaves you with $40,000. But you owe $10,000 .
A. Do repayments come out monthly on the $10,000 at %7.
B. If you put in $1000 back are you only charged for $9000.
?
C. Does that $1000 offsets the repayment for the period in the loan?

D.Can the LOC loan be fixed…[Read more]

Thanks Judi and Co,
for your input i guess the question was predominitaly a brainstorming idea for me but it will also help the new investors that come along.It also opens up the investment opportunities and ideas for others, and gives them free advise.I will personally Invest in property myself but i will also look at the other creative ideas to…[Read more]

Thanks Monopoly it was only a couple of questions i asked, and you will always have someone doubt your intentions which i fully accept on this forum as i have read many of the past threads especially the people with the largest amount of posts and stars and whom are the most critical…(They always give me a good laugh) And so i see no reason for…[Read more]

Who on this forum owns an investment property,either outright or owes to a Financial institution?

Hi Property investors,
Just asking same question that has been asked before but just curious on latest updates .

How many property’s have you acquired over the years.

Cheers Dom

Can ayone pick the difference between the two questions.
Now thats a…[Read more]

WOW[blink]

To easy, ask agent how long property has been on the market if its been their a month i offer $90,000 not negotiable. If its been on the market for 2 days i offer $94,500 if its a good deal.
Dom[biggrin]

Has anyone else have an opinion?

Monopoly,

I like your way of thinking you are cautious and ask all the right questions and in the long run it is your final say. I think it depends on how long you have been investing and what you know and dont know.
I large amount of people post on this forum and i think the question asked the most is: “Where do you find Positive Cashflow…[Read more]

I dont believe you are “stupid, condescending or just plain ignorant”.

But if you had fifty dollars given to you in cash every week in your hands and you had ten properties each returning $50, would it not be better to take the risk than to be giving that fifty dllars a week to the bank for a long long time.

“That’s fine, for those who are…[Read more]

You can do all of that and more yourself and you will save on their fees that they will charge you.
Dom[sleepyanim]