G'day Bird and Beanie,I read my first Share market book when I was 15, It was called "How the share market really Works" By Martin Roth, It is basically a nuts and bolts book about everything you need to know before you start, Another Book that I recommend for everybody that wants to learn more about different companies comes out every year and is…[Read more]

Handy Andy wrote:
You're wrong…sorry.

About what,….. share your opinion.

L.A Aussie wrote:
Some people invested in Macquarie Bank for low risk. And…" Australia's Macquarie Bank (MQBKY, news, msgs) said investors in one of its mutual funds would lose up to 25% of their money thanks to losses in the subprime sector." (Jim Jubak, msn money).The problem with these sorts of investments is, when they start to fall; there…[Read more]

Moosehead wrote:
A few people have mentioned giving books to a partner to get them inspired/converted What about for the parter that doesn't read much?  I would love to have my girlfriend on board but unless theres a version of 'Rich Dad' that is presented by Tyra Banks (she loves Next Top Model) then I don't see it happening…

So True,….…[Read more]

Yeah I like crunulla, I have never done any research  into the property market there but I have spent alot of time there, I haven't ever found it to be a rough spot after dark, atleast no worse than any other club or pub spot around sydney, Devo if you job will have you moving round evvery few years, maybe you should consider renting, especially…[Read more]

Yeah, crazy times at the moment, no one seems to be able to agree where things are headed,Inflation is up, so are interest rates, global sharemarkets have dropped like dominoes, lots of boom or bust theories going round.We have some local pressures on the invest market as well as global pressures, For now I am just taking it as it comes, I am st…[Read more]

Boshy wrote:
L.A. Aussie – Do you think a Depreciation schedule be worth doing for a property that was built approx 24 years ago?Thanks

yes the depreciation schedule will run over 40 years and will also iclude things like minor renovations, Your tax accountant should also be able to back date the amount you claim to when you first purchased the…[Read more]

I saw I large poster on the wall of a CBA bank manager's office showing a 100 year graph of the stock market pionting out that despite all the booms and busts, over the long term the share market always headed in a constant up trend.

For this I would recommend you look into a "Unit Trust", the property would be owned by the unit trust and each of you would hold a certain number of shares, that way your risk is limited to the amount that you invest, and when some one wishes to leave the trust their shares can be purchased by other members, if someone new wishes to join you can…[Read more]

Hi Mate, welcome to the forum,Don't be disappionted in your investments they have performed well for you by the looks of it, Atleast now you are in the market and your portfoilo is exposed to some capital growth potential.I think the best thing to do from here is to keep increasing your rent on your perth property trying to get a better than…[Read more]

I don't think that the tenant is the RE's client, you are ther RE's client you can fire the property manager at any stage and they will not take the tenant with them.If you decide to sell your property to the tenant that is your business, you hired the RE as a property manger, not a sales agent.If you wanted to add another layer of profit to the…[Read more]

A healthy investment portfolio needs Property and paper assets such as shares,As you develop your investing knowleadge and learn the ins and outs of both asset classes you'll see that you don't have to pick a side use both to your advantage,at the moment I hold-3 Investment properties delivering +cashflow,-A small development project,-A longterm…[Read more]

Have you got a interest offset account linked to your home loan, if not consider getting one to hold the $15,000 in so as to offset your interest, after all you said you were in a high tax braket so if you have that $15,000 "earning" interest it will be highly taxed however if you have it "saving" interest then the benefit from it is tax free, (…[Read more]

Some factors to take into consideration, 1.  The size of the apartment my affect your borrowing capicity from your lender, some lenders will not lend as much for units under a certain size2.   how is rent distributed, Is it a guranteed weekly rental amount, or is it based on the average occupacy level of the entire complex or is it based on the…[Read more]

I Agree with Jon,Every investment that you make should be taken on it's merits, and what it will bring to your portfoilio,As cities grow Land does become scarce, But remember not all land is equal, The value of the land sitting under a 3 storey block of units, that has coucil approval for a ten storey development will be increasing more rapidly t…[Read more]

deadcat wrote:
Boshy, it's all good I'm not worried. Interest rates are going up, and are likely to keep going up. That will put pressure on existing mortgage owners. Combined with the economic problems in the US, with possible flow on effects to China (and then us!), I'm quite content to just sit back, save money, and see where the economy…[Read more]

Nucopia wrote:
Im sorry, but I was under the impression that a Ppor could be cgt defered by taking the money from the sale , pay off  any mortgage you have  then  buying the new Ppor and defere the Cgt  all together ? or some thing like this…is this correct ?  

There is no CGT on PPOR, what you are talking about deffering CGT on investment…[Read more]

I think you would have to take alot of factors into consideration one of the main ones beening how long till you retire.when you sell your existing properties you will be up for CGT, then if you hold the bulk of your equity in your super fund it may limit the amount of investing you can do as you won't be able to lend against the property in…[Read more]

The best place for search for infomation is the council website or talk to a town planner. you should be able to make an appiontment to meet with one, which is an absouloute must,from the council website down load every bit infomation you can, on subdivision, zoning and you'll need to look at things like Tree management also,I think a few paved…[Read more]

deadcat wrote:
Which "burbs" are those. Brand new 3 bedder for under $350k in Brisbane?Where?Also, we are not on $90k (we are on less). We are most certainly paying rent and food bills.The hard part comes in once you take kids into account. Health wise, the best time to have kids is in your 20's. My wife and I want to do that… so we won't have…[Read more]