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    New Investar IPad App

    re Portfolio Analyser, I found it amazing that I you cannot enter historical income/expenses. You can only enter acquisition costs etc, and then actual costs/income from the FY in which you enter a property into the system. So if you have had some properties for, say 3 years, you cannot enter...
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    Massland seminar - Mark Rolton

    Personally, and I'm not saying it is a perfect approach, if they are not members of PIPA or similar association, I would stay well clear.
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    Thoughts on Canberra and the ACT

    any thoughts of impact of Molonglo (Wright/Coombs) on ppty values in weston creek? Yes, Molonglo increases supply in the area, but at a much higher entry price. It should also provide a lot of facilities nearby from a lifestyle aspect
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    Thoughts on Canberra and the ACT

    my personal opinion - I'd: 1) diversify into other locations 2) wait maybe 2 years before considering Canberra again. It is usually a cycle thing. new Govt comes in, cleans the slate, and then after a while the spending creeps up and up, and along with that Canberra's prosperity. I live...
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    Keeping Track of Everything.. HELP!

    My issue with hard copies is that if your house burns down (however unlikely that is....), so do all those bits of paper. At least electronic copies you can back up, and store off-site.. And bits of paper don't calculate you income, expenses, cash flow....
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    Equityproperty

    watched the videos etc. it sounds good in theory, but its amazing how many people come out of the woodwork at the first sign of property values going up and a pickup in interest in ppty investment. I've been interested in ppty for some time, and never heard of this guy - which doesn't of...
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    Hotspot central

    how's the project going now? do you pay stamp duty on the unit at the end? any issues (ATO wise) that the company in effect sells the units to you at under market value, thus foregoing profit, and hence no tax?
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    Positive Property Investments mentoring?

    They are members of PIPA according to their website... although after Ppty Secrets debacle I wonder if that really means much...... they have regular webinars..... but in reality they are pre-recorded videos.. I could not find any names on their website - worrying This is their mission...
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    Hotspot central

    Hotspotcentral is merely the "marketer" of this (prob not 100% accurate but in effect, they are). Their fee ($11K + GST) is supposed to be for their expertise in advising locations, and organising/linking you with the developer, legals and accounting. They use (for at least some of the...
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    Hotspot central

    I believe you pay them a kind of finders fee of abt $10,000
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    Stuart Zadel

    Hi Just went to his 2 day seminar in Sydney. There were some interesting topics, and bits of information here and there. ( and as per two posts above.... it was hilarious if it wasn't so serious/sad how eager people were to get to the back and part with their hard earned $ without really...
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    Canberra meeting, Tues 21st May @7pm

    link to her website .... my google chrome says it contains Malware
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    Nras #2

    I thought that consortium used local rela estate agents to do the property management eg First national in Townsville
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    Nras #2

    Re selling NRAS properties after 10 years, my hope (if I were to go into it) woudl be that the investment would be CF+ (See Note) or close to it by then. Note: CF+ assumption - finance 80% + use equity in other assets = 100% (maybe 110%) borrowings. (I'm sick of people saying CF+ without...
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    Nras #2

    Another question, but related to the NRAS Private Ruling. So if it were to apply, and only (say) 84% of exepnses are tax deductible, would the 14% be added to cost base of the asset? I assume not, but someoine might know. Also reading some of the previous posts, i was a bit confused as to...
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    Nras #2

    Yes, that seems to be a wise approach, but doesn't answer the question, or offer any comments on what you think will happen......
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    Nras #2

    Hi I noted the up to 50 units development, you can have 100% of them within NRAS. My question is, what happens at the end of the 10 year mark. Assuming the Govt discontinues the NRAS incentives, that means in the one development/location, you have 50 units/invetsors seeking new tenants...
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    Anyone heard of Positive Real Estate?

    If you guys are unsure about legit of PRE or any other mob, check if they are members of PIPA. Members have to abide by certain standards to be members....so gives you some assurance. And if they are not members, you gotta question why not..... If I were in an unmonitored, unregulated...
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    Are any of these expenses tax deductable...?

    i believe funds paid out of sinking fund, you need to determine impact of those - maybe add to capital works deduction ??? Need to check with property tax accountant.
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    Are any of these expenses tax deductable...?

    I heard that Sinking Fund payments (usually a part of strata fees) are NOT immediately tax deductible.
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