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make me an offer Hi Guys Time is running out. Offers considered for this ticket! Ponyfire

Hi Guys Due to major family problems I am unable to attend this fantastic event to be held in melbourne this sunday, May 7th. Steve McKnight's Masterclass, sunday may 7th, Albert on the Lake, registration 8.30am. An awesome opportunity for people who want to postively gear their investments...

So flustered can't even spell it- yield

Help! I have lost my formula for calculating yeild and a great sounding deal is cookin'! Please help Pony

Hi I like this discussion. It has given me food for thought. I beleive we should put something in place to pay for their education so that when the time comes we are not necessarily having to take money away from other things to pay for education. I have 4 children 8, 10, 12 & 13. I teach...

Ok Another dumn question...where do you find a town planner? Are they attached to the council's planning department or are they a separate business? Anybody have any expereince with Darebin council in Melbourne? We are considering selling the back-yard of our IP in Reservoir. Cheers Pony

Thanks Skater A very thought provoking post, it is a subject that we often intend to get around to at some time...but never do. I have found myself, as a single parent, dead-broke on two occasions due to uncontrollable circumstances. By giving up the 'need' to have money and concentrating on...

Hi Andrew+me I have a friend who bought a Mirvac apartment off the plan. He had to sell his dairy farm to finance it when it valued in about $350k less than he had agreed to pay! His girlfriend swore she would never move from her 'home' suburb and my friend couldn't see himself inner city...

Hi Beech Thanks for enquiring, nothing has happened so far. We went ahead with the exercise with this couple 'Kevin and Wendy' but they were unable to pull a deal together despite advertising. I think I understand the concept now: Kevin is kind of like a broker, he finds a property owner...

Thanks from the Lockington Sub-Branch too! Great to meet a friendly bunch and it was lovely to know you've all been there and done that! Great soother for Colin who thought he was the only one to suffer under fire! Cheers Robyn

Hi Guys I have read this thread with great interest, my partner and I have been struggling with this same question of how to structure our IP's. I had read Chan & Naylor's advice and thought 'Great idea'. Now i am concerned. Obviously, in the end, we have to make our own descisions but they...

Hi As I have already said here I thought it was a great intro in basic language for a beginner like myself. They do make it sound like a trust is the only way to go, however, and we should organise as soon as possible. Yesterday I visited a PI accountant and was told a trust was not a good...

Maybe I can find out how to start a similiar group closer to home? Put me down for 2 and I will encourage partner to come too! Ponyfire ps what is MIG? Oh yeah, bit slow this morning, worked it for myself, Melbourne Investors Group. I know someone will tell me if I'm wrong!

Hi Just wanted to share a little win we had when doing the latest reno. In line with advice from this site we decided to replace knobs and handles with nice brass types. Partner went to Bunnings and gulped at the price of the door knobs he had envisaged, returned without so I said, 'OK, I'll...

Hi Guys How much value do built-in robes add? Does this depend on the type of property eg, would they add more value to the reno of an inner city unit than to a country house? Are they worth the approx $700 each room? We are currently rejuvenating a 3bed ex H/C home in Melbourne and I think...

Hi kendo My partner and I recently had a 'blue' over the a/c issue. We have bought our first IP in melb, I asked the PM what tenants wanted and was told a/c and built-in robes. This is just and ordinary ex H/C 3 bed house and I was surprised. While I was in hospital partner ordered brand new...

If, by ISBN, you mean an address to buy it go to www.knowledgecentre.net.au cheers ponyfire

Hi Guys Anyone want to sell their copy of this to me? Cheers Ponyfire

Chris This is brilliant! I look forward to the finished product, perhaps you are on your way to developing some residual income? We on somersoft will be happy to test it out, then perhaps you can sell it to other investors. Go Chris Pony

Hi Guys Lots of great posts to be found here helping us get our first IP ready for tenants. Currently it has cheap plastic holland blinds in all main rooms covered by cheap netting unhemmed. We are not sure whether to replace the blinds or go for curtains. What is approriate for a 3br family...