Total Members: 149,009

WASP

  • There is also a group called Property Wizards based in SubiacoWhy use a BA though?

  • WASP replied to the topic Capitalising Interest ? in the forum Finance 12 years, 2 months ago

    Pellowe wrote:
    My understanding is this has been thoroughly tested, and although I can't quote quote anything, the guideline is you can't claim interest on interest, only on the original cost.

    I believe there's no problem with it happening in a Margin Loan as well?If i was to use Capitalising Interest for Investing Purposes ONLY by a LOC I'd d…[Read more]

  • WASP replied to the topic Capitalising Interest ? in the forum Finance 12 years, 2 months ago

    Brisbane Broker wrote:
    So true Alistair except this is non regular typeof loan which offers DSR up to 67%, does not use a mortgage insurer and the capitalised interest is tax deductable, unlike the interest capatalised in a loc or offset account.  Craig

    Are you sure thats correct ???

  • Three +CF (for Income) and One -Geared Property (for Growth) sounds good to me..

    Stir well and Repeat

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • Agree she’s done well..and a a smart Investor who took action..

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic sunset clause in the forum Value Adding 13 years, 11 months ago

    You can counter by reducing the time to acquire finance if you want, a sunset clause is fine if you are happy with the price, the buyer probably doesnt want to waste time and just wants a commitment from you.

    make them commit back by reducing the settlement time, most serious people i know put in sunset clauses and cash settlement in 14 days,…[Read more]

  • WASP replied to the topic Review of Ed Burton in the forum Opinionated! 14 years ago

    I had a quick search and a look on the net..this guy lives in Vanuata?

    He promotes “Off Shore Investing” and how to do it by investing in overseas Mutual Funds such as the Templeton growth fund,Nicholas Applegate US Growth Fund etc.

    I think the intent is to use Vanuata as a tax haven, mail redirection service etc etc..dodgy
    I’ve seen Ed Burton…[Read more]

  • WASP replied to the topic SMSF in the forum Legal & Accounting 14 years ago

    Nobleone

    what were your costs involved and your investing plan with the SMSF?

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • I’ve been there its great !!

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic City of Swan – Any tips? in the forum Value Adding 14 years ago

    SQ

    What area in City of Swan ?

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic WA – WORTH BUYING in the forum No Subject 14 years ago

    LOTS of +CF IP’s in WA

    Best I found was in a town of 30 people, are these the kind of deals you are interested in?

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic Regional Investments SA in the forum General Property 14 years ago

    How are things in SE-SA?

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic Scenario for the brokers.. in the forum Finance 14 years ago

    Thanks Derek

    Certainly food for thought

    will have to ponder some more

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic Sharing Tips- in the forum General Property 14 years ago

    Real estate is not about financing, deals or property..its about people!

    Dont rent to Family or friends

    There is “no” best way to invest in property, its horses for courses..

    “People” lie

    You can never learn enough about investing

    Purchase in the correct entity and then rent a property..through the correct structure, I think the benefits…[Read more]

  • Not for free, however, consider the dollars. The following are some inexpensive ways to improve your properties with very little cash.

    #1) New Electrical Switch Plates

    – not much for adding value

    #2) New or Improved Doors

    Another overlooked, yet cheap replacement item is doors you can also paint them

    #3) New Door Handles

    In addition to…[Read more]

  • WASP replied to the topic Solicitor WA Please in the forum Legal & Accounting 14 years ago

    Great..I was going to post details of some re Strata law, criminal and property if no one else did but i’ve only just seen this post.

    Glad you have it sorted

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic Tenant ALREADY in default!! in the forum Help Needed! 14 years ago

    How about Bond etc?

    do you have LandLords Insurance?

    Did your PM do a good job screening the tenants?

    and Lastly..maybe the bond, letting fee etc pushed the tenants savings limit and after a week or two things will settle down?

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic Increase your Serviceability in the forum Finance 14 years ago

    Thanks for some of the posts folks any other ideas/

    Maybe low-doc , no-doc is the way to go as long as we dont overstretch and then refinance once things settle to a lower % rate?

    Opinions?

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • Great Effort keep us posted

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • WASP replied to the topic Just one tip… in the forum General Property 14 years ago

    Be good to your Mother..

    Wasp
    **************************************************

    Its not what you earn but what you do with what you earn

  • Load More

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