Innovative Techniques | Forum profile

Hi Everyone, I am 22 years old and i recently bought a unit which i have tenants paying rent in, I live at home with my parents....what i want to know is how do i get ahead in life? i work fulltime on a very good wage(for my age) and i bought the unit to get ahead in life so i dont have to work till im 70 i have no living expenses becuase my parents pay for everything. i have owned the unit ...

Had a meeting with council reps today to discuss the impacts of the roadworks on my property. The project is about 12 months long so that means it will be constant disturbances for tenants. This meeting gave me an idea: why don't i lease it to the council as a site office? I put it forward to them at the end of the meeting, half jokingly, but the more i think about it, the more sense it makes....

Some of the forumites were LOE or advocating the same. Just wondering how they are traveling in the current climate? Please don't get me wrong, this is in no way a dig at the strategy - something that I have in sight for an exit strategy. I want feed back on any one who is utilizing it?

Hi All, We have an IP in a large regional town in Vic, purchased in 2005. We are hoping to offload it in favour of another property. In 2005, I (not husband) stupidly jumped the gun and offered too much for it, then spent some money doing a basic repaint, recarpet etc. It is still marginally negatively geared with body corporate fees, seemingly high council rates etc...Capital growth has...

Quote: Originally Posted by ianvestor I paid $600 for a ticket on my credit card. I guess if I have no luck with the promoters, I'll be contacting the bank to get it charged back. Well the idea of the seminar was to teach you a lesson about finance. That's a good way to make money without doing a thing. ...

Hi, i've just turned 30 and it's been a bit of a reality check. At the moment i'm living with Mum and Dad. I don't have any debt and i've saved $30,000 over the last 2yrs Just wondering what the best way to invest this money would be? I've been thinking of buying an investment Property but don't really want to put everything into the one basket. Or would I be better off buying a P.P.O.R ...

I know the whole wraps discussion has gone on various times and people are for or against them, but am interested in anyone who uses them as part of their strategy. I personally like the idea of CF+ and helping someone buy their own home. If you use wraps, how have you found them and any pointers you can provide as to what to watch out for when using them? At what point should your due...

Hi guys Does anyone ever actually do any of these guru type deals in OZ or can you even find a seller that would touch it - well without going to the outback anyway ? They say they've gone out and bought 5 houses in 4 hrs. Flipped 3 houses in 2 days or have 4 units fully tenanted at CFP in 3 days and on and on ? No money down , they've get the title the lot. I mean especially the title ...

Here is my own mothers situation, - Using Rent/Term deposit interest/pension to live on - Mother working part time (13hrs P/W) looking to retire 45y.o - step dad retired (59y/o) ASSETS PPOR - value 530k / 30k debt IP1 - Value 200k / no debt - rent 160pw IP2 - Value 180k / no debt - rent 160pw Term deposit - 290k Pension - 2.5k p/m REQUIREMENTS - provide...

In relation to my thread: www.somersoft.com/forums/showthread.php?p=459003#p ost459003 I have a real estate agent renting my unit which is attached to our PPOR. I am selling my home and he has come up with the following idea. Our PPOR is worth over $1mil and has a "wow" factor. We have a house that is hard to value, not to market though. MY commission to the agent is 2.5% (...

Quote: Originally Posted by ianvestor I paid $600 for a ticket on my credit card. I guess if I have no luck with the promoters, I'll be contacting the bank to get it charged back. Well the idea of the seminar was to teach you a lesson about finance. That's a good way to make money without doing a thing. ...

Some of the forumites were LOE or advocating the same. Just wondering how they are traveling in the current climate? Please don't get me wrong, this is in no way a dig at the strategy - something that I have in sight for an exit strategy. I want feed back on any one who is utilizing it?

Hi Everyone, I am 22 years old and i recently bought a unit which i have tenants paying rent in, I live at home with my parents....what i want to know is how do i get ahead in life? i work fulltime on a very good wage(for my age) and i bought the unit to get ahead in life so i dont have to work till im 70 i have no living expenses becuase my parents pay for everything. i have owned the unit ...

Had a meeting with council reps today to discuss the impacts of the roadworks on my property. The project is about 12 months long so that means it will be constant disturbances for tenants. This meeting gave me an idea: why don't i lease it to the council as a site office? I put it forward to them at the end of the meeting, half jokingly, but the more i think about it, the more sense it makes....

Hi All, We have an IP in a large regional town in Vic, purchased in 2005. We are hoping to offload it in favour of another property. In 2005, I (not husband) stupidly jumped the gun and offered too much for it, then spent some money doing a basic repaint, recarpet etc. It is still marginally negatively geared with body corporate fees, seemingly high council rates etc...Capital growth has...