Recent content by Fraser

Hi Paul, Thanks for the reply, Much appreciated information. So if I was to spend 20K on furnishings during the PPOR period, and leave everything as is once tenanted with everything I bought - I am able to claim a 20k loss from furnishing to offset my active income salary come June 30...

Hi there, I have currently bought my first property, it's primary purpose is for investment although I have decided to utilise the FHOG to save me on expenses. The property will settle in about a month from now and I'm planning to move in for 6 months with a couple of friends to fulfil the...

Hi mate, Thanks for the reply, Yeah a professional would certainly help in a variety of ways, although I am looking to undergo the process for myself to gain that knowledge for future reference. Cheers for that im sure i'll have many questions :D what sort of situation are you currently...

Hi mate, Thanks for the reply, glad to see someone from my neck of the woods :P What do you do up here if you don't mind me asking? Yeah i'm finding it pretty hard to communicate to the outside world, and i'm finding most of the properties I've been keen on are getting bought up quick...

Hi there, Yeah I guess money will be the underlying factor!! Thanks for the links I'll definitely look into your threads and get as much info as I can :cool: I'm quite interested in some of the trades involved in the development process as I used to do Roof Carpentry for a couple of...

Hi there, haha yes I guess money would be the underlying factor!! and I will definitely go through your threads with a fine tooth comb to learn as much as I can :cool: I think I'd like to keep it strictly business orientated, having too much involvement I think would be detrimental for me...

Hi mate, Thanks for getting things back on track :p I have a few queries in regards to developing as it is something i'd seriously look into after a bit more research. How much of my time is involved? say I were to hire a building company to undergo the whole process. Have you...

Well that all depends on how far you'd like to travel in the industry, just like any.. If you want to do monkey work lugging a magnet around day in day out im sure a couple courses will do the trick.

Hi there, Ahh it's fine, the money is good and everything but what people don't seem to take into account is the 3/4 of your quality of life spent away from civilisation :cool: Thanks for the sound advice, I have heard Momentum wealth employees speak at several seminars and they seem to...

Hi Dazz, I understand I am an easy target for banks and i feel that the only way i will truly know the hardship behind being a landlord is to actually go ahead and become one for myself. I totally agree with what your saying and I think it should be important for me to increase my...

Hi there, Thanks for the reply, I currently have 40k deposit although I'm looking at taking on a 95% LVR and capitalising LMI for my first and second purchase. I've been in my current role for 13 months, although I've worked on a variety of mine sites and refinery's prior - Same job...

Hi rolf, Yeah I agree with this, I don't think I'd like to fall into a high negative gearing trap as anything could happen in my industry. What do you think about a portfolio structured half with high yielding and half with growth properties to keep the negatives low but still benefit from...

Hi there, Thanks for the reply Well in the long run what im trying to achieve is financial freedom. I'm looking to invest in the long term, for as long as it takes me to achieve my goals. I believe in my current situation I can be very active and aggressive in terms of investment, I...

Hi there, I'm a 21yo Male from Perth on a mining income of 250k pa I've been reading about property investment and taken quite an interest in it for about a year now and believe it's time to enter the market for myself. My current strategy is a buy and hold, older style properties in the...