Total Members: 158,534

TCLinvestments

  • TCLinvestments replied to the topic What type of vehicle do you have ?? in the forum WOW what a time for this 12 years, 1 month ago

    WOW what a time for this thread to come back from the dead!!!

    I am actually due for a new car as there is no more depreciation vaule in my camry, also there is somehting that my dad doesnt like.

    I am thinking about trading it in for a small car. ( which i probably should have got in the first place)
    Looking at the honda Jazz, what does yous…[Read more]

  • TCLinvestments replied to the topic Am I in a position to enter the property investment market? in the forum Help Needed! 13 years, 1 month ago

    Hi
    Im a simple minded guy, but it if i were in those shoes. I would be very careful to where that money goes. as people have said. you dont want to go into a bad investment and lose it all. Since you are on med leave, i don’t know what your condition is but lets say that you dont want to have all the stress of owning a property. By my very simple…[Read more]

  • TCLinvestments replied to the topic Mining town in QLD or WA in the forum Help Needed! 13 years, 1 month ago

    I just did a search on Mt Isa it only returned 5 properties!!! What the????? 

  • TCLinvestments replied to the topic Limited liability company in the forum Overseas Deals 13 years, 1 month ago

    Hi I have another question regarding LLC and taxation. I have set up an LLC to invest in Tax liens in USA, but have not started, tax time is coming up and i haven't done any trading or made any money in it. Do i still have to file a tax return?? I understand it cost between 300-500 to do it USD. I have asked a few people, and some people have said…[Read more]

  • TCLinvestments replied to the topic Dual Occupancy in the forum Creative Investing 13 years, 2 months ago

    Hi,

    I am also looking to build a granny flat at the back of one of my properties.
    Can someone help me find out what is required. I rang the council up and all they said i needed was a building certifier.
    Basically i have the shed/garage that i can use already. I just have to fit it with flooring, ceiling, little kitchenette and bathroom. I am…[Read more]

  • TCLinvestments replied to the topic building costs in the forum Value Adding 13 years, 2 months ago

    This is very interesting, I am thinking about the same thing. Lets see, I want to turn an existing garage into a granny flat.
    So the external structure is already there. I just have to fit out the internal.
    What do i have to consider?? Things that come off the top of my head are
    – small sink, kitchenette
    – Toilet shower and vanitiy,
    -…[Read more]

  • TCLinvestments replied to the topic good area under $200k in the forum General Property 13 years, 2 months ago

    Bumping for any new leads

  • TCLinvestments replied to the topic Help… Bad tennants and damage in the forum General Property 13 years, 2 months ago

    Hi Rachel.

    First of all, congrats on being a landlord. From the sounds of things you are young.
    I went thru the same thing when i first started. you get bombarded with what the agent tells you and you feel like you have to go with them.
    It takes a while to build confidence up to talk to these PMs. Just takes a bit of time. I agree with most of…[Read more]

  • TCLinvestments replied to the topic US Tax Liens Seminar in the forum Forum Frolic 13 years, 11 months ago

    Wow. That was one great workshop. I can feel my brain bursting with infomation, it was certainly an overload for me this weekend.
    Had a great time and met fantastic people.
    This time I am going to make some money out of this.

    I met a very switched on person at the workshop James. He is setting up meet ups in Melbourne to go thru notes and further…[Read more]

  • TCLinvestments replied to the topic US Tax Liens Seminar in the forum Forum Frolic 13 years, 12 months ago

    Great. Sounds like going to be a fun weekend.  I think this smaller group will be great for networking, I was too chicken to talk to anyone during the 3 day conference but determined to network tmr. My human name is Simon Ung

  • TCLinvestments replied to the topic 250k club in the forum Forum Frolic 13 years, 12 months ago

    Hello Anyone else annoyed at this 250k Club?? the book registration is still on " click here to be notified" There isnt a separate section for 250 club members. We do get the email homework. but thats it. I thought there was more to it for what i have paid. Anyone else have any other comments??

  • TCLinvestments replied to the topic US Tax Liens Seminar in the forum Forum Frolic 13 years, 12 months ago

    Hi There, Im going too from Sydney I am very interested in this so i can park my money when it is not being used. i hope the returns and how it all works really works. I am also very interested in setting up the US paperwork so i can continue to invest in the States. im sure when Tony does the setting up the paperwork for us, we will be able to…[Read more]

  • TCLinvestments replied to the topic budgeting – which system? in the forum Help Needed! 14 years ago

    Hi, I have tried all of the above approaches. and none of them worked for me, (i know its my fault) im just not disciplined enough. So i use a lazy man's approach. I look at what i am earning per month and at the start, i put a percentage away or an amount away. The rest i use to pay bills, ( all on time) spend, go out, eat out as much as i want.…[Read more]

  • TCLinvestments replied to the topic New Zealand Investment in the forum Overseas Deals 14 years, 2 months ago

    Hello I think i need to turn to NZ for investments as well. I am finding it increasingly difficult to find positive CF properties even in rural areas of NSW. Could someone please advise me of what to do to get started, i mean, Do i have to set up a LLC, engage in a lawyer, accountant, mortgage broker and property manager before i buy, I want to…[Read more]

  • TCLinvestments replied to the topic RESULTS MENTORING PROGRAM in the forum General Property 14 years, 3 months ago

    Hi, Thank you for your quick reply. Yes i can understand that not everyone is the same, and different pple have different strategies. As you can see by my signature at the end of all of my posts, That i am still a baby at this game, I am still very much a numbers freak, To me, at the moment, the more properties i have, the bigger my returns, and…[Read more]

  • TCLinvestments replied to the topic RESULTS MENTORING PROGRAM in the forum General Property 14 years, 3 months ago

    Ibglenwithout being too rude, how many properties do you have now? and are they what you want?? IE positive/ negative CF, in the right areas. does it all fit into your investing strategy?? And can you say that the RESULTS program is value for money, I mean, can you honestly say that u wouldnt be in your position if it hadnt been for the…[Read more]

  • TCLinvestments replied to the topic Renting trust-owned property back to myself??? in the forum Terryw wrote:Say you have a 14 years, 3 months ago

    Terryw wrote:
    Say you have a property worth $100,000 with a loan of $30,000. That means you have $70,000 exposed if you are sued.So what you do is gift $70,000 to your trust. Your trust then lends you $70,000 and it takes a second mortgage over your property as security.I am not sure of the taxation implications. The trust should probably charge…[Read more]

  • TCLinvestments replied to the topic Renting IP pre-settlement?? in the forum Creative Investing 14 years, 3 months ago

    Just a quick one on this, When banks look at the rent, do they look at the full rent or, take a % of it? I heard that banks will only take around 70% of rent into consideration of serviceability, Is this correct??

  • TCLinvestments replied to the topic Seven Percent and over in the forum There is very little info on 14 years, 3 months ago

    There is very little info on their website. I have just registered to get their newletters or what ever. Lets have a look at what they can do for me

  • TCLinvestments replied to the topic living off equity in the forum Qlds007 wrote:
    Personally i
    14 years, 3 months ago

    Qlds007 wrote:
    Personally i have my portfolio structured that i can live of the rents for the rest of my live and have no need to ever draw on the equity. With a LVR now at 13% over 30+ properties  i expect to have the entire debt paid off in 18 months.

    Congrats Richard on this remarkable achievement!!! I would love to be in this position…[Read more]

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