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Hi Deltaberry, You recommend always keeping a bit of equity as a buffer?

Hi everyone I have always been standoffish with buying villas, townhouses and units unless you own the complex and our strategy was originally going to be houses on decent land parcels only. Recently though I have noticed a few threads of people using V,TH & U successfully in their...

Terry Thanks for your advice. First thing to consider is to sever your joint tenancy on the existing properties. Potentially dangerous from an asset protection POV and an estate planning POV. Can you please explain why you would sever the joint tenancy on our two existing IP's. Maybe...

Your strategy Hi Mancha I too am relatively new to property investing and it seems I have a different strategy to you. So just wondering your reasoning. Why are you looking to spend $650k on one property rather than say 2 - 3 properties a bit further out but still close to the CBD? I...

Hi guys We are nearly ready to buy our 3rd and 4th IP's. But I want to structure them right. I have asked questions about companies once before on SS but since talking to a couple of seasoned investors my outlook has changed slightly and I need advice from some of you savvy investors, in...

Thanks guys, let me know your thoughts! Thanks for everyones feedback. I suppose I put this thread up to get my thoughts out in front of me, I find this helps. As does everyones advice obviously. After writing it I then projected this pattern 6 years into the future using different yields...

Im new here so not sure if I previously posted this in the wrong sub forum... Try again. Hi guys I am needing some help to set up my investing strategy. I have explained our situation in a previous thread, http://somersoft.com/forums/showthread.php?t=108502. We have approximately...

Thanks Hugh Thanks Hugh The comparison of a current yield to a historical yield is a great gauge to the market and something I hadn't considered yet. I have been doing a fair bit of research for our next few purchases. Looking around Logan, Slacks Creek, Woodridge, Kingston etc but as you...

Hi guys I am needing some help to set up my investing strategy. I have explained our situation in a previous thread, http://somersoft.com/forums/showthread.php?t=108502. We have approximately $350k in equity to get started with but would like to leave the current investment properties at...

So $19 divided by $70 = 27%. The taxpayer's $100 income has been subjected to 30% + 27 % tax. ie 57% when the top rate is 49%. OUCH. And some people want trusts taxed like companies... Wow. I was unaware of this. Ouch alright! Thanks for clearing this up for me. Nath

Hey Ted Thanks heaps, looks interesting but has a membership fee... Not sure where else to look BG, Im just getting started on the idea. Let me know if you find something. My mortgage broker has just put me onto www.***************************/ca14720trial. I am just signing up now so not...

Hi guys Has anyone had any success purchasing CF+ properties or good renovation projects through foreclosure auctions? Just chasing some contacts. Nath

Cairns Hi Bob Its fantastic up this way isnt it. I just drove to South West WA to build a house for a mate. Beautiful part of the world that I have always loved, but couldnt wait to get back to the Cape! Have you looked into property in Cairns of Late. Looks like North Cairns has started...

Cape We're based in Weipa permanently. Im a builder and my wifes a realestate agent. We've been here 4 years now. lots of opportunities up here. Have you spent some time up this way? Nath

Hi mr monopoly I do have the time to research and enjoy doing it but I live extremely remote in Cape York. I feel a buyers agent will have the edge over me as they should know of deals that may not have made it to the market yet. As a builder I am interested in doing renos to create capital...

Thanks for the tips! didnt get your name? I do agree with Margaret Lomas and would like to follow her strategy with a few minor changes. I read as much as I can and try to take points from everyones strategy. Nath

Hi Terry, Im new to this and seem to have stuffed up my last message to you. I quoted your message but I somehow included my questions to you inside the quote. Could you please have a look through to find them. Nath

Can you please explain this further Paul? I was under the impression the money can only be taxed once. When this is through a company it is at 30% and then directors and or share holders take the remaining profits without paying more tax? Nath

Thanks heaps Terry, you're a wealth of knowledge!