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I have 3 letters for you URF - US Masters Residential Fund Do a search under the ASX its a residential property fund from Dixons advisory trading on the ASX where they have bought up a large amount of residential property ($80million) in the new york area. If land prices improve in the US and...

$60k super at $21? 18 year old walked into a monster paying job? beneficiary of a trust paid into a fund or BS?

The only chance of getting a loan at 100% LVR would be with some shitty institution who will slap on a risk margin of atleast 2.90%. Unless your income demonstartes a Debt/Interest cover ratio of 3:0 or higher and youve got other properties to add to your security youre absolutely dreaming in...

Its getting ridiculous. I was always taught you dont ask people how much they earn and how much they paid for their house. Nowadays its common BBQ speak to hear people crapping on about how much their house is worth and how theyve fixed half and the other half is variable.. cant we just talk...

Have you been overseas in the past 5 years and forgot to lodge a return? I wouldnt stress. If they wanted to audit you you'd receive a letter not a call

Its very interesting We're living in a 2 income society. Young average earning young couple both earn around $50k p.a. thats about $750 per week or $6000 combined per month. They buy a a $500k home + $50k stamp duties with $100k deposit and have a debt of $450k . At 9% interest theyre...

You need a transfer of land to transfer from 1 name to 2. Then you need close off your loan and open a new one for the balance in 2 names. Speak to an accountant it might be better to open a non-trading company with you both as directors and restructure everything into the company entity...

^ Further to this. It would be pretty rare for an American bank to take an Australian house as security. Too much hassle for them to sell it on you if you cant pay.

Look at the index for avergage dividend yield in Australian blue chip companies then add your franking credits on top. Youre not coughing up too much from your pocket to cover interest expenses + the fund holds 2% cash. Simple negative gearing. The All Ords is going back up before it gets to...

You have to borrow to make money in this world. If your objective is long term is I'd recommend something like the Blackrock or Westpac BlueChip 2020 fund. You invest $5000 - they lend you $5000 $10,000 is then invested into the top 20 ASX companies. Then every month you invest an amount...

To sell them she and all of the other beneficiaries of the trust will need to sign a beneficiary consent. Most likely the entity that will hold the shares would be John smith as trustee for the Smith Family trust. Chances are they are not solely in her name and the rest of her family may...

Just make sure there's nothing going on between your mate and your mrs.

Talk to an accountant

I'll tell you one direction property prices in Melbourne won't be going. Down. - very high demand - low supply - Increasing RMB vs USD making investing attractive to the chinese - lots of baby boomers purchasing for their SMSF's - sub division & extention approvals granted very quickly

^ A failpost based on someone's Doom and Gloom opinion. Anywhere in the eastern suburbs of Melbourne where you can buy subdividable land with a house for $450 or less is a good investment We aint talking about Greater Western Sydney here.

Houses are definitely where the profit is at. However an apartment in the right location will never let you down. A good place to invest at the moment is the outer eastern suburbs of Melbourne. In places like Kilsyth, some parts of Croydon & Mooroolbark you can pick up a house on 750sqm+ for...

That side of Melbourne is a dive. If thats your only choice in Melbourne you're better off in Adelaide. Adelaide is a beautiful place and so is Melbourne, it depends what youre looking for

^ Sage advice above. I did something similar with my first car, which was VL Calais. I Purchased it for $11k in 1997 and spent: $5k mucking around with the turbo $2k on wheels & tyres $5k on the stereo $2k on other stuff All up $25k I sold in 2001 - 4 years later for $7k Young & stupid.

Very wise words.

Pay off your personal loan debts straight away. The interest will be inxs of 10% meaning youre wasting more than $3000 per year alone in interest. In regards to buying your new home, use the loan calculator (How much can I borrow) on the following link...

My sincerest aplogies for saying you were wrong. Sorry If this offended you or hurt your feelings in anyway You were right and I was wrong.

I think you're chasing rainbows looking for an argument here son. You said "They make you both go on the title" to which I pointed out that they can't make you do anything. Go back over and have a read again and stop carrying on like a pork chop

Correct. The person borrowing will be the name on the title. So in the case we're talking about the woman has to be the borrower and then she will be the only person on the title. The husband will be guarantor, nothing else. Woman claims the FHOG because it wil be her debt, her property. Man...

This isnt correct. Noone makes anyone do anything. Both names don't have to go on the title. You could put it in her name if you want, but to service the loan you may have to go as guarantor. The bank may accept you as an unsupported guarantor meaning you wouldnt need to support your...

Investing with 5 other people could present a lot of potential problems. Are you and you're friends willing to borrow in order to invest, or do you want to invest only what you have? If you are willing to borrow $75-$100k each you could buy a holiday investment property and divide it up like...

You're going to be in a good position. My advice: With your $150k Invest $75k into a 1 property and let the rent cover the interest. Put $25k into diversified shares. 75% blue chip - 25% you decide With the remaining $50k take 2 years off travelling and ro0t yourself stupid. Latin America...