Recent content by beejay

G'day Nickshinner. No I haven't made a purchase yet. I was going to do the reno type thing but a recent promotion at work means less time on my hands so I'll have to change tack,probably for the straight buy and hold strategy. As for areas I'm currently looking at Kardinya.I grew up...

They are isolated and easily spotted. I am probably a bit biased in that area having dealt with it daily. I am actually looking in that area myself. From what i've seen Belmont council are really trying to spruce the whole area up. Cheers Brett :)

Hi Mitch.Mia I worked the belmont district for 3 years as a Police officer (now X Police officer) so I know the area reasonably well,although I have never lived there. The suburbs in Belmont council cover older areas like Rivervale,Cloverdale,Redcliffe and kewdale (as well as Belmont...

Thanks Sunstone. Maybe I'll have to let the moths out of the wallet for some fresh air. Your right this is a good site and should be supported.I have learnt lots already in the short time here. suggo I tried to get a copy from the library but its booked out for months in...

I was given Jan's books Building wealth through IP and Changing times.Both good reads but long in the tooth. Does her last book More wealth through IP contain anything new in it or is it just a case of updated figures etc. Just don't want to buy it if I already have the info I need from...

Thanks for the update Pete. Much appreciated! Cheers Brett:) P.S. There has been tremendous growth in some areas.Makes you wonder when it will end.

Sorry Fifi I know very little about Willeton and even less about Riverton. Sorry can't help. Cheers Brett:)

Hi Fifi The schools are probably on the average side. i.e could be better. The high school doesn't have that great a reputation. My kids go to Jandakot primary.Atwell p/s is good but at last count had 750 kids in it.They are suppose to building another in the area but not in the near...

Thanks for that Sim'. Yes I am the trustee. It's all coming back to me now! I've got an appointment with the accountant next week so i'll be able to fire some questions at him then. cheers Brett:)

Thanks Geoff. I understand about the offsetting of the debt.It's just annoyed me for the last few years that the trust has a debt which I have been unable to offset against anything. I just want to make sure the purchase of the IP is set up correctly so as to one day utilise that loss...

Thanks Aceyducey. I will look at Hybrids but was kind of hoping to utilise the debt in the family trust (one day). Still if it means setting up a hybrid will be more beneficial then i'll do so. Cheers Brett :)

Thanks for that jfchan. Yes I am new to the forum.I did do a search for family trusts but kept coming up with hybrid trusts.I may be wrong but I think they are different entities. Still I will keep looking and thanks for the info on the trust magic book. Cheers Brett:) :)

I have a family trust which was set up for a small business I had 10yrs ago.As the business failed the trust is holding a small debt. Are family trusts still an acceptable way of owning IP.How is the loan set up to finance the IP.(it's been a while since I looked at the trust documents!)I...

Cheers for that Rixter. I was thinking the same as you but my wife prefers Yangebup. No I'm not renting. Still trying to finish the mortgage off. I've owned some shares for a while but want to diversify into property as well. That's not to say were limiting ourselves to those areas,but...

Thanks for the replies everyone! Much appreciated. Rixter- Do you think the train station,Cockburn central etc etc will increase growth in the older suburbs like South Lake and Yangebup? I would prefer Success/Atwell but obviously will have to pay more for the newer homes. Cheers Brett