[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

September 16, 2010 - 6:39 am

kurnster wrote:

Hi All,

Anyone heard of these guys ??? http://www.myusaproperty.com.au/?gclid=CP2H_OKWz6MCFQXObgodHhaAtg.

Be interested to hear anyone experience as a client and other more experienced investors views.

Kurnster

My cousin has recently purchased 2 properties through My USA property. There were some teething problems with the first purchase (in Florida) but the second one (in Kansas City) was a lot smoother. He recommends them and I will be registering with them shortly.

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

May 11, 2010 - 7:35 am

simple wrote:

Only drawback is many trips to accomulate $150K in phisical gold…

 The physical gold is very little for $150k so I don't think you will need more than one trip . Silver on the other hand would require more than one. Psychologically I prefer buying silver because it looks like you have actually bought something. The gold gets lost at the back of the safe.
Personally I would spend at least $100 000 on property, $30 000 on bullion and $20 000 for day trading.

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 29, 2010 - 4:14 am

Does anybody on this forum own an NRAS home and if so, could they share the negatives with the rest of us who are considering this type of investment?

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 29, 2010 - 4:09 am

wealth4life.com wrote:

Yes who knows …

I only want to experience 19.33% interest rates once in my life thank you

I agree! I experienced 24% overseas and it was not a pretty site!

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 28, 2010 - 10:53 pm

Ryan, I do trawl various websites but as one of the threads on the forum discussed the lack of tenants I thought I could perhaps help out fellow members.

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 25, 2010 - 10:27 am

I-dream-houses wrote:

I have a 3 bedroom towbhouse in Calamvale available now…

If you would like to PM me your email address, I can forward to my client and perhaps he can liaise directly with you.

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 25, 2010 - 6:32 am

Matt007 wrote:

PM Me and I can give you some names and numbers..

Thanks Matt, I had a nice chat with your mate Joe. The information he provided was very useful!

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 19, 2010 - 6:53 am

Snoopy I would need more information, especially area, but also weekly rent. You are welcome to PM me with details.

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 19, 2010 - 3:15 am

Qlds007 wrote:

Hi Veronique
Also what happens if the property becomes vacant.
 

Good point Richard, thanks for pointing out the obvious!

You mention that the rates and terms would be more favourable if I was self-employed. I currently have a very small business, so are you saying that applying for a loan with an ABN (any ABN, ie related to property) I could get a better rate?

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 19, 2010 - 12:55 am

I have a small relocation business in Brisbane which requires that I find rentals for emigrants moving to Brisbane. I am currently looking for rentals for 3 families. Owners of rental homes in the Brisbane area are welcome to send me details of their properties and contact details of Property Managers and who knows, perhaps I can find a tenant for you.

[VeroniqueMember@veroniqueJoin Date: 2010Post Count: 16]

March 19, 2010 - 12:01 am

I approached my bank with whom my mortgage is with to do exactly this. My mortgage was paid-up so the balance was $0.00. My banker took the $400 000 mortgage and split it in two (at no cost to me) as follows:
$100 000 for share investing
$300 000 for any other investing I may require
This makes it a lot easier when doing your tax at the end of the year as you can claim all interest incurred costs but need to prove it is interest from the shares and not other arb purchase like a vehicle for example. So all interest incurred on the $100 000 loan gets claimed against my share investing tax.
The interest rate for the $100 000 share investing was not increased by the bank and I pay the same as if it was for the house mortgage.