Stop feeling sorry 4 yourself.

For every problem is a solution.

How bad do you want to succeed.

Our decisions not conditions will determine our financial destiny.

If your positive cashflow is opaying down debt whats the problem?

Interesting comments but back on the point at hand – the market has changed so are you brave eneough to to enter and where is your best bet … ?

If you did a survey what do you think the result would be, I think more tham 80% would be in favour of a bath.

Please see an experienced financial advisor to produce a personal strategy for you, most decent advisors will give you free advise for the first consultation.

Without being a smart a..e, cut your credit cards up bar one and start a savings plan, yes its hard but welcome to life … good luck

Is it better to own 50% of something or 100% of something else worth 50% of what the value you were going into partnership for? with the smae benefits to you personally?

Offshore investing I really don’t know why you want to do it – nobody has told me yet how much positive are you looking for???

Are you talking nett profit or gross profit, what type of tax structure are you illuding to, how many properties do you own now, how many benefeciaries do you have, ??? clarity leads to the truth.

There are many changes about to be introduced from the ATO they are targeting illegal claims so be vary careful, get the latest tax dep. pac from the ATO and a good accountant. Good luck!

Mt Isa $120,000.00 purchase renting for $300.00 per week, how much positive are you looking for.[blush2]

Check out his ABN on the ASIC site to see how long they/he has been in business.

Is he licienced in any way.

Tell them you have been in contact with the ACCC and ASIC and REI and cannot get any information on them.

They must provide a disclosure statement (27b) on how much commission they will be getting, get everything in writing and ask…[Read more]

You need to contact an expert in the field of trust structures, I can help, are you an experienced investor or just seeking information, you will need to give a disclosure sheet on yourself.

philip@residentialwealth.com

I don’t agree that they will appreciate slower, it depends on the demand just take Balmain in Sydney as an example. I focus on the investment side more than the property itself, what I mean by that is debt to equity, cashflow, yield, independant qualified information etc, wealth in my mind is caculated by equity which equals cash which equals more…[Read more]

As a general rule that when investing in small towns tennants and resales are slow so make sure that this is a long term strategy and be fussy with your purchase.

This all began with the Romans (taxes) – what’s happened has happened, its all a plan to exploit the little people (the workers), question is what next???

philip@residentialwealth.com [angry2]

Ten years from now Carr won’t be there and we will be blaming some one else, the point is paying tax is a dis-incentive. People in government should not be allowed to spend tax payers money, it should be administered by Packer/Murdock/Harvey or any local person who has a track record of building Wealth.

philip@residentialwealth.com [baaa]

Spot on Derek. [cigar]

Rents will definately increase in my opinion over the next 18 months which is exactly what happened between 85/87.

Profits are better than wages, when all this settles down property is still the prefered investment vechile to create wealth.

Phil

Where is the property – what is the projected independant growth – what type of loan structure are you using – how quickly can you pay down the debt to create equity and relieve finiancial stress – yes get in the market but use you head not you heart – if the numbers dont work dont rework the numbers – best of luck … philip@residentialwealth.com.au

A friend of mine had a similar problem – solution – he spent $10,000.00 at Freedom furniture flashed up the look increased the price by $15,000.00 and gave a $5,000.00 discount including leaving the furniture in as a sweetner.

Summary – he got his asking price, see with your mind not your eyes. Phil