Recent Content by Andy909

Join Australia's most dynamic and respected property investment community
  1. Andy909
    Post

    Pre-purchase inspection in Melbourne

    thanks for your suggestion @Jennifer S. @The Y-man and @kaibo . I have been unsuccessful at auction so paying for an inspection for every...
    Post by: Andy909, 25th Apr, 2019 in forum: The Buying & Selling Process
  2. Andy909
    Post

    The Ultimate List of Property Research Websites

    I have found planning alert really useful to check recent development application near the property. You can always go to Council website and put...
    Post by: Andy909, 24th Apr, 2019 in forum: Property Information Resources & Tools
  3. Andy909
    Thread

    Pre-purchase inspection in Melbourne

    Hi, I am planning to bid a property at auction in Northern suburbs of Melbourne. I am seeking forum members assistance in getting a referral to a...
    Thread by: Andy909, 23rd Apr, 2019, 4 replies, in forum: The Buying & Selling Process
  4. Andy909
    Post

    Buy LICs or pay down mortgage?

    What is the concept of splits, sorry I am hearing this for the first time ? The OP has option to transfer $150k to spouse and purchase...
    Post by: Andy909, 19th Feb, 2019 in forum: Share Investing Strategies, Theories & Education
  5. Andy909
    Post

    Joint venture with developer

    Is that because of ALP proposal? Do you have any news /article reference for this? As far as I know, ALP proposal will allow expense deduction...
    Post by: Andy909, 12th Feb, 2019 in forum: Innovative Property Investment Techniques
  6. Andy909
    Post

    My 11yo the junior investor!

    This is fantastic. Australia does poorly in educating it's children about financial literacy. Ask Tom if he can create an enquiry/ questions form...
    Post by: Andy909, 6th Feb, 2019 in forum: Investor Stories & Showcase
  7. Andy909
    Post

    Joint venture with developer

    Thanks both @Westminster and @Terry_w . You both validated an idea I was thinking of but I was missing the interest deduction part. I was...
    Post by: Andy909, 5th Feb, 2019 in forum: Innovative Property Investment Techniques
  8. Andy909
    Post

    Joint venture with developer

    Hi Terry, Because ATO doesnot allow interest deduction on your own money and allows on borrowed money. $150k is my own money here. $30k initial...
    Post by: Andy909, 4th Feb, 2019 in forum: Innovative Property Investment Techniques
  9. Andy909
    Post

    Joint venture with developer

    Hi Tiger, Your comments are very insightful than most other commentors here who peddle their one off examples and scare mongering without sharing...
    Post by: Andy909, 3rd Feb, 2019 in forum: Innovative Property Investment Techniques
  10. Andy909
    Post

    Joint venture with developer

    Thanks for your input. Yes there is a liquidation or bankruptcy risk. But that is there in every business venture or investment except keeping at...
    Post by: Andy909, 28th Jan, 2019 in forum: Innovative Property Investment Techniques
  11. Andy909
    Post

    Joint venture with developer

    That's my question too. The fund is not in an escrow account which means if the developer uses and goes bankrupt, investors cannot recover. Second...
    Post by: Andy909, 14th Jan, 2019 in forum: Innovative Property Investment Techniques
  12. Andy909
    Post

    Joint venture with developer

    Apparently there are many offers like this in Victoria in land development. I have heard of such offers only in apartment construction in NSW...
    Post by: Andy909, 14th Jan, 2019 in forum: Innovative Property Investment Techniques
  13. Andy909
    Post

    Joint venture with developer

    Similar land is currently valued at $300k and estimated min $350k at end of 4th year. So if you look at the end of 4th year you get a land valued...
    Post by: Andy909, 14th Jan, 2019 in forum: Innovative Property Investment Techniques
  14. Andy909
    Thread

    Joint venture with developer

    After looking for few options which provides high returns >15% pa with low capital, I am exploring joint venture investment on new land release. I...
    Thread by: Andy909, 14th Jan, 2019, 24 replies, in forum: Innovative Property Investment Techniques