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    Dream to be Comfortable not Rich. Start Now!

    Hi guy's. I haven't been on for a few years, but thought it was a good time to give an update on my situation, to help get people back on track, just in case they have veered of into the never never,due to the current downturn. As you may know, my main passion is getting young people interested...
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    Marketing yourself-property in Mackay

    Hello everyone. I am trying to market a couple of properties I need to sell to get rid of debt, and don't have a lot of faith in agents. I am hoping that by cutting out the commission which has been quoted as a whopping $18000.00, the deal will be a lot more attractive to buyers, especially...
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    Buy in MACKAY.

    With all the doom and gloom around the nation, talk of reccession and housing bubble bursting, Mackay is still a shining performer. i have included some links to give you an idea about the place...
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    Selling Your Property Yourself

    I am curious at the success rates of owners selling their own properties, without an agent. Has anyone decided to do so, and why? Is there a 'best' method to apply, like listing on one of the myriad of websites, getting your own signs printed, advertising yourself? Where would you advertise...
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    Forget about trusts!

    If you are just an average investor , forget about trusts. You realy realy don't need them!! I also got right into all the " trust' hype for a while, especially after reading a lot on forums. My advise- 1-set up a company if you run a business. 2-set up an additional partnership with...
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    Setting up the retirement in the correct sequence

    Just had an interesting conversation with my accountant re starting the offloading process. Firts thing is to take stock and make a 2 to 3 year plan.If you have a substantial portfolio, with good performers and some lemons, make sure you offload the lemons first. Even if you sell at a loss, the...
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    Rate value verses bank valuation

    Happy new Year all. Hey, just going through a loan reshuffle and have noticed all sorts of incorrect things on my bank loans and security details. But, after getting a couple of new valuations, which the bank has kindly passed on to me( chuckle-it helps if you are nice) I have noticed that...
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    Bank blunder with security-urgent

    Hello all, long time no see. For all the legal eagles out there-I have an urgent question. I am in the process of refinancing an old loan. The security on all our loans, dating back the last 10 years, is based on a block of land, we bought in 1995. 4 years ago it was subdivided and cut in...
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    Finance food for thought in current crisis

    Hi there, I received an email promoting the RENO KINGS next workshop,in which they will be focussing on the following points: 1-Valuations are coming in lower than most property investors are hoping for. How could that affect your refinancing plans? 2-We've been told that bank policy...
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    Sharehouse,rooming house,boarding house

    Over the last few nights I have performed endlesss research on the possibilities of converting a standard rental property to a house where rooms are let out on a short term basis, short term being a min of 5 weeks. I am looking at 4 or 5 bedroom houses, and the idea is to advertise the rooms...
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    Mackay floods

    Just a warning for anyone looking at the Mackay market at the moment. Northern beaches is the only real safe haven at the moment. After the floods in February, a lot of property was damaged. The market is returning again now, slowly, but over the last few months it has plateaud quite...
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    how to fix a personal loan mistake

    Hi all, Back again with a couple of questions. Hope someone has some ideas. Son is battling the post divorce blues-slowly getting on top. However I think he has made a few mistakes and I am wondering if there are any remedies. He bought land-block 1- loan $70K. Now worth $240k...
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    Subdividing land issue

    Getting my subdivision right! Not sure if this is the right forum, but it does say 'when in doubt" I have an other "iffy"couple of questions that my little brain just can't decide on. We have just finished building our new house-7 years in the making-definitely not an overnight dream.Mind...
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    Who can set up my trust?

    Hi all, Over the last few months I have been trying, to say the least-( begging, pestering,and then fuming at the end of it!) to get my accountant/solicitor(s) to set up a hybrid trust. The simple truth is-he refuses to do so. The simple truth is-noone up here realy knows anything about them...
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    CGT and land subdivision?

    Gee, I am up late tonight with all these problems running through my brain. You guys have always been so helpfull, so I am hoping I can get some advise to allow me to sleep! Block of land, 1 acre, beach front, purchased in 1996 for $180K. has PPOR on it, and plans to subdivide have finally...
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    CGT .How to minimize for pensioners sale of land

    Bianca here folks, thanks for taking the time to read this, coz Im in a bit of a fuddle. Parents , late 60's, own a block of land. Purchased 9 years ago for 10K, now worth $190K. They have had an offer already for $180K.They are both on old age pension, although father still works...
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    Is this a good deal looking for value adding?

    Ok--last post for the night, I promise! I have the opportunity to buy the following out of town property - being out of town scares me a little/ no control but never the less.... commercial / 5 tenancies leases in place for about 3 years/ 2 ready to expire asking price around $700000.00...
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    To Trust a Trust or not?

    I would realy like to get an insight from someone who is totally up with benificiary trusts etc. We know people who have about 8 companies, with trusts set up along side them,20 business names etc. Properties and other investments are bought through the various structures, as well as running...
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    Millionaire through gut instinct, but now having trouble

    A little knowledge can be dangerous.. After realizing that I had actually already made it with property last year, through very basic "by the seat of the pants" strategies, and just plain hard work, i thought I would get totally involved with the next stage..getting wealthy, well..more wealthy...
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    corporate letting and short term rentals

    Has anyone been involved in the corprate letting market? I know there are a lot of threads about "serviced apartments" and holiday letting, but what about the short term rental market and corporate letting? And doing it privately, without involving on site property managers? Has anyone been...
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