Search results

  1. A

    Wholsale Investor Definition

    Hi Guys Quick question for the accounting experts out there in relation to the definition of a sophisticated or wholesale investor. It's defined by ASIC as net assets of $2.5mil or "gross income" of $250 for the previous two years. Gross income is given its ordinary meaning as it is not...
  2. A

    Long Term Strategy - Critique Please

    Hey All As I'm now starting to progress through my property journey, I thought that I should document my property related goals to keep myself accountable. For all of you experienced Somersofters, I would appreciate your feedback on the feasibility of the below outcomes and strategy involved...
  3. A

    What if the mining (boom) ends?

    As a relatively new property investor I've had numerous people ask me if it is too risky to invest in property at the moment. The questions have mainly been based upon a belief that Perth property prices, and to a lesser degree the whole of Australia have been bumped up due to the influence...
  4. A

    Perth - Building and Pest

    Hey All. Its coming closer to settlement time on my first IP and i need to arrange a Building and Pest inspection. Any recommendations for someone close to Midland? Thanks for all the help! Cheers
  5. A

    Settlement Agency - Perth

    Hi Guys I've just had my offer accepted for my first property in Midland so pretty excited! I've got my mortgage broker sorted however does anyone have a recommendation for a good settlement agent? Does an expected fee of $1,200 to $1,400 sound right? Thanks for the help!
  6. A

    Duplex on green title block (WA)

    Hi Guys Just trying to get some opinions regarding a duplex which is built over two green titled blocks. The property I'm looking at is roughly 500 sqm, 3 bed 1 bath which shares a common wall with the building next door. The figures for the property all stack up however I'm thinking of...
Back
Top