Recent content by BillC

Guess what Rudd and his gangs super wont be changed as they have the best super in the land Labour party makes me sick

Property have all types of investors and we all have differant ways to invest The first thing you should do is work out the sums and look at how much you can afford Have you got your own place If you havnt you will need a deposite for your first ip What are you looking for Capital Growth or...

I bought Jan Somers book in 1995 (Building Wealth through Investment Property) I bought my first Ip in 1996 and have kept buying Ips until 2003 Thanks to Jans books I am now retired and living partly on the positive geared Ips If I didnt purchase that book I would still be working I think a...

A way to minimise land tax is to by Ips in other States and to spread them in each state 2 in Brisbane 2 in Sydney 2 in Melbourne and so on There are always ways to minimise tax legally Bill

I have fixed all my ips at 4.99% with Westpac not 5 years but 3 years I am happy with that for these reasons I am retired and need to look at my portfolio in 3 years maybe to sell one or refinance etc I have fantastic cashflow now as I have owned my properties for a long time I...

I am semi retired and enjoying life As for the current downturn I have put all my IPs on a fixed interest rate with Westpac for 3 years at 4.99% All properties are positively geared big time My LVR is 45% I have my own super fund of which 90% went into term deposites march 2008 Wife works...

I am semi retired and my properties are all positive geared with a 40% lvr I also have super (self managed fund) and all in fixed interest and have made money from my fund this year Have a part time job which gives me a small income What I call LOE is a balance of having property super and a...

I sent the paper work to Westpac yesterday for 4 ips at 4.99% Int My lvr is now 30% and I am not concerned if interest rates go lower Im in now and will have the benefit in 10 days so I am happy I am also semi retired and only want to fix rates for 3 years maximum

I have just fixed 4 properties at 4.99% with Westpac for 3 years This will put an extra $17,000 in my pocket Rates might come down more but I dont care that rate of 4.99% is what I was looking for Remember this doom and gloom might be short lived

A couple of years ago all these guros preached use OPM and borrow get in debt and buy buy buy Now they are pessimests Why are homes in Australia differant from the USA We have high immigration We have a labour shortage We dont have enough homes We are seeing higher rental yeilds We have...

Do the opposite to the herd Thats what succesful investors do Bill C

I have an ip in moonee ponds which I bought in 1996 Cannot complain about the capital growth I have had and it proves that purchase long term in blue chip suberbs pays off

I have just started my own SMSF and am rolling the fund I have from the company I worked for The company Super has been terrific until the last 3 months So I have decided to run my own If you buy and sell shares and make a profit is the capital gains tax treated the same with a SMSF What...

Brimbank Gardens is in Deer park Its over the road from the new Sunshine Golf Club The Deer Park By pass is being constructed and its right next to the estate I have no idea of the growth potential for this area Bill

I went into a development with Metropole in 2003 to build 6 townhouses It was a joint venture and there were 6 parties on the development in Boxhill Melbourne Metropole Purchased the house and land and we purchased it from Metropole with plans for 6 townhouses When we recieved the quotes...