G'day barney,subdivision and property development are positive cashflow stratrgies.I think what got blogs  back up barney was the way you basically said certain peoples investment stratergies were flawed and that the had no brains for even considering it, then in the same breath admitted to having little investment experiance, you may un…[Read more]

some things to think about, A trust can only distribute a profit, so if your little venture ends up creating a loss you won't be able to offset it against your other income,do you want to inject your trust with the added public liabilty risk, considering you may have started the trust for asset protection reasons,

G'day I own close to a million $$$ of property and I still rent, It allows me to be more mobile, and also allows me to live in areas I want to live while invest in areas that I believe have better investment potential. the most inportant thing is that you own atleast one property, Owning one property weather it's your own home or an…[Read more]

Thanks for the advice Barney JonesAfter reading your thead I have finally understood the error of my ways,….lolBarney I don't think any one on this forum believes that anything will get handed to them on a silver platter, But can you blame anybody for seeking cashflow positive properties, at some stage to continune growing your portfoilo you are…[Read more]

Tatts,I think you'll struggle to find properties with returns greater than 4% return after all maintance and property mangment costs are taken out, and remember there are rental increases in the dha leases,

The property seems quite heavily neg  geared, I don't think the depriation will cover it,

Shane Law wrote:
Thank you Bennido for providing examples for us new to this investing!!However when I look at the first property and apply the "11 second solution" that Steve McNight advocates it does not fit into this category. Am I missing something?

Forget about the 11 second soloution, it's obselete, read steves latest book.

Goal setting is extremely important, I am a  big believer that if you write your goals down and the time frame in which you are going to achieve them in you are all ready halfway there.  what is it that you want to achieve from your investing,….. you have to think about that question and define in your head the outcome you want to achieve and th…[Read more]

Your not a young investor,….23 years old your a late starter.I was already looking for my third investment property at your age, but go for it any way. it's never to late to start.

 yes if you claim depreation you will be subject to more capital gains tax because if you purchased your property for $100,000 and then claim $1000 depreation your capital gain will be calculated on a purchase price of $99,000 ( correct me if I am Wrong)So some people look at say that they don't want to claim depreation because they don't want t…[Read more]

This reminds me of a situtaion that myself and a couple of my army mates were going to try at one stage,When your in the army as long as you don't own any property within 50Kms of the base you are posted to you are able to claim rental assistance, when I was reading the fine print in the definitions part of the contract it stated the owning…[Read more]

I think DHA is a good start for some one who just wants a buy and hold type investment with no fuss, I probally wouldn't buy 2 of them though, there are alot of great ways to invest in the property industry if you take the time to learn the ins and outs of the property market.I have lived in a DHA house and many friends are living in DHA…[Read more]

One good stratery for saving for your own home is to have the IP interest only with an offset account but make the payments each month as if the loan was P&I with the component that you would normally be used to clear down the priciple accumulating in the offset account, so each month more and more money is accumulating as the interest charged is…[Read more]

An offset account is an account which instead of earning interest the money that is in the offset account saves you interest on your loan, for example if you had a $100,000 loan and you had $2000 in your offset account you would only be charged interest on $98,000,below is an answer that I posted to another thread to answer "show me the money's"…[Read more]

Mortgage Hunter Is rightoffset accounts are a powerful tool,  with the right srtatergy you can knock years of your loan and maintain the maxium amount of your debt as tax deductable debt.

If it's property you want to invest in then hit the pavement, talk to a few loan brokers and research your loan options to find out what sort of loans suit your situation, deside on a stratergy,…. do you want to buy and hold,… renovate and sell,…. do small developments,once you know your stratergy start looking for properties, it's free to…[Read more]

An interest only loan means you only pay the interest each month, So if you take out a loan for $100k after 5 years you still owe $100K because you havn't paid back any of the priciple you have only been paying the interest(priciple is the actual loan amount).interest only loans are not recomended for your own home, but are usefull for your…[Read more]

anni wrote:
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I am also a landlord & a tenant – & it baffles me that too many maintenance calls would be annoying to a landlord – if there is a problem with my property/investment I want to know about it & the only way to find out is to have the tenant contact the property manager.  Anni[/quote] Yes anni,I don't mind maintence calls, But wh…[Read more]

If they have been paying rent on time, I can't see how the agent can harass them  or do anything to them, I own investment properties but I am also a tenant and I must say that the only contact I ever had from agents as a tenant was the occassion where we forgot to pay our rent on time, or when we had to sign a new lease,The biggest thing that wi…[Read more]

Yes you should get a professionl to write up a depreation schdule so you know how much you can claim each year,And yes if you claim depreation you will be subject to more capital gains tax because if you purchased your property for $100,000 and then claim $1000 depreation your capital gain will be calculated on a purchase price of $99,000 (…[Read more]