Total Members: 158,197

strw23

  • strw23 replied to the topic WA Investors in the forum Heads Up! 20 years, 3 months ago

    Hey Hamster

    They used to. I know when I left there in 1996 they were having reunions every now and then for past students. I dont know if they still do it now though. As to calling in there if you do you wont get much of a response. The St Pats campus still gets used to house the boarding student but that is about it. All the schooling is now…[Read more]

  • strw23 replied to the topic WA Investors in the forum Heads Up! 20 years, 3 months ago

    Hey Redwing

    I cant believe it another St Pats boy -Me too. Although halfway through my schooling it went co-ed with stella and changed to Nagle. The girls were a big inprovement. Im at work also on Night shift doing the same as you logging on every now and then to see if someone has repplied to a post. With Redwing I was talking about the honda…[Read more]

  • strw23 replied to the topic WA Investors in the forum Heads Up! 20 years, 3 months ago

    Hello Redwing

    Its 3.00 in the morning here in WA how come you are not in bed like most people? I take it your from the Perth area, Im new to this forum and was wondering how long have you been investing for? and how are you going at it? They seem to do alright in the eastern states and was just wondering how the locals over here are doing. On a…[Read more]

  • strw23 replied to the topic Claiming interest payments on tax in the forum Hotch Potch 20 years, 3 months ago

    Hello

    To my understanding you can claim all your interest on an investment loan. One thing to take into consideration is If you have a principal and interest loan over the years you pay less interest as you loan decreases thus decreasing what you can claim back at tax time. Still the benifit of this is that you will get to own the house after the…[Read more]

  • strw23 replied to the topic WA Investors in the forum Heads Up! 20 years, 3 months ago

    Hello Judy

    Well I havent heard anything about the land leases but when I was up there I wasnt looking to invest at the time. I know people who used to rent in that area and although there house was basic I think it would meet the critea for popsitive cash flow. I will have to look into it further. If anyone does buy a IP up there Ray White are…[Read more]

  • strw23 replied to the topic FHOG, Tax deductions & PPOR in the forum General Property 20 years, 3 months ago

    Hello

    Well I would have to say I have never heard that before and it doesnt make alot of sense to me. Which doesnt mean its not true. What context and what book was that written in? There might be more mitigating circumstances. Look forward to hearing more on this.

    Scott

    “Together we combine our strenghts and eliminate our weakness”

  • strw23 replied to the topic WHAT’S YOUR FAVOURITE QUOTE in the forum Opinionated! 20 years, 3 months ago

    My favorite quote

    “Together we combine our strenghts and eliminate our weakness”

    Scott

  • strw23 replied to the topic Richest Man in Babylon in the forum Hotch Potch 20 years, 3 months ago

    Hi

    I have read the book and have to say I though it was a great read. It was amazing how they used the principles back then to make money, as it is a true story based on stone tablets found in the desrt. It really changed the way I thought about money and savings.

    Catch you round

    Scott

    “Together we combine our strenghts and eliminate our weakness”

  • strw23 replied to the topic S.I.S I’d like some help in the forum General Property 20 years, 3 months ago

    hello rolonation

    I know your letter wasnt addressed to me but I thought I would give you my opinion. I am not much older than you at 24 and if I was you I would keep your ppor. You say that you should get about 80k when you sell it, it may be a better idea to keap the house but borrow against it using the equity that has amassed. As for getting…[Read more]

  • strw23 replied to the topic Another Sensible Alternative in the forum General Property 20 years, 3 months ago

    Hello

    Its just my opinion but when you buy a house be it investment or ppor you have to budget in for reasonable rate rises as it is ineviable that they will eventually go up. Myself and my wife budgeted so that if the rates rise we can still comfortably affort an increase to 10% before we have to sacrifice our standard of living, and thats on a…[Read more]

  • strw23 replied to the topic WA Investors in the forum Heads Up! 20 years, 3 months ago

    Hey Peterp

    Yeah I was thinking the beachlands, Piont Moore area for a house as they are still pretty cheap and shouldnt be to hard to rent out. You were definetly well advised to stay out of the Rangeway/Utakarra and the Spalding areas as they are definite trouble. For a unit up there I was thinking beresford, but I will just have to get onto the…[Read more]

  • strw23 replied to the topic WA Investors in the forum Heads Up! 20 years, 3 months ago

    Hey

    Thanks Peterp. I have just finished reading 0-130 properties and have also read all the usual stuff like rich dad poor dad, cash flow quadrant, how to become a property millionaire and a heap of others. I have just spent the last three years trying to convince my wife to leave Geraldton and now we have shes going to love the fact that I want…[Read more]

strw23

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