Total Members: 158,316

Pati

  • Pati replied to the topic What Attendees Thought Of The 2016 Millionaire Mega Conference in the forum Heads Up! 7 years, 10 months ago

    I have attended this conference last two years. This conference is packed with lots of information on property investing. But most valuable content is related to investing mindset and goal setting, which helped me a lot to take action.

  • Hi All,

    When I was doing research on I realize most of the properties in werribee,coolaroo, doveton and campbellfield , Melbourne are positive cash flow properties. Why aren’t people interested? They have moved to properties further way from these areas (city) for negative cash flow. What is the reason for this?

    Thanks

    Pats

  • Pati replied to the topic Is this property analysis correct in the forum Help Needed! 9 years, 4 months ago

    Thank you,
    very good points.

    I feel like if everything goes according to the plan, I would end up around 200K return after 10 years for my 50K investment. Where ever I look advisers and property gurus put forward similar scenarios. I dont think this is a good enough outcome given that the risk for 10 years.

  • Pati replied to the topic Is this property analysis correct in the forum Help Needed! 9 years, 4 months ago

    Thanks guys, highly appreciate your input.

  • Pati replied to the topic Is this property analysis correct in the forum Help Needed! 9 years, 4 months ago

    thanks for the response. I agree with u.

    I believe this is a most likely case, most of the advisers put in front of new investors. So, are you guys saying this is not a good enough investment?

    Pat

  • Pati replied to the topic Is this property analysis correct in the forum Help Needed! 9 years, 4 months ago

    Thank you for responses.

    Where is this IP being built?
    This is just a scenario, they gave me. They will probably recommend 3 bed 2 bathroom house and land from Brisbane.

    Are they also selling the property?
    No they are buyers. If I give the go ahead they will find IP which closely relate to this calculations I guess.

  • Pati started the topic Is this property analysis correct in the forum Help Needed! 9 years, 4 months ago

    Scenario: Personal investment $350k property – on your taxable income of $85k – 90% Loan with capitalized LMI (cash required $49,200), is cash positive after tax of $36. (interest rate used was 5.2% for first 3 years, then 7% thereafter).

    I am a first time investor. The image shows an analysis given to me by an adviser. I have several q…[Read more]

  • Pati started the topic Student apartments – positively geared in the forum Help Needed! 9 years, 5 months ago

    I am currently reading Steve’s book. He is emphasizing on buying Positively geared property. Student apartments are one of them.
    I am a first time investor, is this a good idea, what are the pros and cons.
    (I am in MEL).

  • Pati became a registered member 9 years, 5 months ago

Pati

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