Hi Raf,I think there has been a previous post about Carly Crutchfield. Have you checked archived messages with Carly Crutchfield in the topic line?cheersSonya

Hi Gunnedah is in Northern NSW inland from Coffs Harbour. Has mining,  and diverse farming as major industries. Oh and making Supermodels!!! Miranda Kerr is from Gunnedah as well, no that didn't influence my decision to invest there.cheersSonya

Hi YI,The nortgage broker is paid via commission from the lender. All bank loans, as I understand it, build in a commission payment to their loan rates, whether a broker is used or not. So I don't pay anymore for her help. I have looked at going to banks myself as well as looking at home loan rates on websites such as Cannex, and she has secured…[Read more]

Go away, i doubt anyone is interested….

Hi, Just wondering if you have factored in land tax when doing your sums. I think that land tax is payable on a very small land value from memory.  I jus googled it and land tax is payable from a land value of $25,000. On a block of land valued at $100k you would pay about $400 a year. Other than that i don't know much about Tasmania.cheersSonya

Good point Richard,My mortgage broker is in qld, we have never met, but she, like yourself, has an excellent understanding of effective investing strategies. My previous broker came to my house and was very nice but had no idea about setting up effective investing finance structures. Everyhing is now  done via email and mail, I have my solicitors…[Read more]

Hi JudithMy heart goes out to you and all the people affected by this fire. I was surprised the other day when I was talking to my property insurer as I insured a new IP. I discovered that you don't recieve the amount of money that the property is insured for for you to pay out your loan and then to do with as you wish. They told me that they…[Read more]

Hii have a fantastic RE manager in Gunnedah, she always gives me an honest opnion on the 'rentability' of a property that her co-worker selling agent suggests I buy as she is the one who manages the property and finds tenants. She doesn't wnat landlords on the phone asking why she can't find a tenant. My two properties have never been vacant and…[Read more]

Have you tried googling 'eco friendly concrete' and seeing what hits if any you get?goodluckSonya

I bought  a new IP(well I settle this month does that count?) and I refinanced two loans, a bit of a headache but sooo much better for cashflow. I am looking to buy again soon at least one maybe two or three properties. All of which I hope to be cashflow positive.I plan for 2010 to be  a great yearcheersSonya

There are some good cashflow positive properties in regional nsw, even when 100% financedcheersSonya

Hi Trevor,I have read Seve's book and I must say I must be missing something because all of my properties are cashflow positive, but i am almost at my limit of borrowing capacity because i don't have the money for more deposits, especially now that the banks want deposits of 10% or more.CheersSonya.

Jacko,i think you would have been better to start your own post inorder to receive replies specific to your particular situation. i unfortunately do not know the answer to your question, put your own post with a suitable topic and people with knowledge in that area will be able to respond to you.Cheers and good luckSonya

Have you thought about he benefits of investing in another state? I don't know when land tax kicks in in QLD, but as this is a state tax you can minimise how much , if any, land tax you pay by investing in different states. If you continue to invest in QLD you may be sacrifcing cashflow to pay land tax. I have not visited any of my properties. I…[Read more]

Hi Phil,can I ask where you are buying the motels and how easy or difficult was it to get finance for a puchase such as this?Thanks Sonya

Richard I apologise for mispelling your name, I tend to be a bit dyslexic when typing, I should proofread more carefully before posting, ( I had to correct three, make that five typos before posting this one LOL)cheers Sonya

Hi Richard, I assume I can find out more baout Discretionary trusts if I google it. Can you still claim tax deductions etc if you set up a discretionary trust? What happens if you have already purchased three IPs? Can they be transferred to the trust?Sorry to hijack your post Aqualife, I would also like to know the best way to structure my…[Read more]

Hi Rivahrd,Please excuse my ignorance, but what is a DFT? Can you explain how it works and would a single eprson need to set one up or is it just suited to married couples? Thanks for your invaluable knowledge on all things financecheersSonya

My concern is who is going to be renting these properties? My understanding of Peru  (from ex-husband who is Peruvian) is that it is a country that has a lot of corrupt people in government and positions of power as well as many, many poor people who are unlikely to be able to pay a rent that will allow you to make a profit on your investment.…[Read more]

Maybe because all of the banks have gone bankrupt so there is no-one to seek finance from?