[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

January 16, 2004 - 2:59 am

thanks still in school

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

January 15, 2004 - 5:28 am

what does PPOR and FHOG

thanks simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

January 15, 2004 - 5:08 am

neg gearing has created an artificial diversion of investment into bricks and mortar to the general detriment of australian industry – could this be partly responsible for our declining standard of living and continued reliance on imports/inability to produce our own goods??

Dear Auspop
i dont believe for a second that negative gearing has anything to do with the fact that we using more and more imports but more to do with the fact that other countries can produce it cheaper, plain and simple. Sunbeam has just started producing their appliances in china now so that it can sell them here for the same amount as the Australian made ones but make more profit.
“OUR DECLINING STANDARD OF LIVING” What the??? how can you say our standard of living is declining.

The abolition of neg gearing would boost rents so much that, tax deductions aside, the returns would probably be about the same as prior to abolition anyway.

But the problem with that is then vacancies increase dramatically because more people start buying house instead of renting.

thanks simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

January 15, 2004 - 4:28 am

I AGREE TOTALLY MJK

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 17, 2003 - 8:25 am

hey anybody

me and my partner are wanting to purchase our first investment property but are unsure what steps to take in order to purchase the investment. we currently have our own home and are thinking about using the equity in that. the problem lies in the fact that when we built our house we lacked the money to landscape it and looking out the back looks a little like a dessert we are not sure whether to wait till we have saved a few thousand (could take a while) or just go ahead and invest as i heard that when refinnacing the bank will come and look at the property. because of the house boom though we still think that we would have at least 100k in equity.

any help would be muchly appreciated

thanks Simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 17, 2003 - 8:11 am

hey mel

another question for you. in steves book he says about his 11 second rule for finding positively geared properties. is this a rule that must be adheared to in most cases?

Simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 17, 2003 - 8:07 am

Thanks for the help mel

your a champion

simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 14, 2003 - 5:25 am

mini you are a fricken genius

A bit like guitar lessons. Yes, it’s possible – totally possible – to learn guitar from a book. A $30 book. It might not tell you how to get the Kylie Minogue gig in a year, even if the author did. And yes, you can teach yourself guitar all buy yourself, just by figuring it out. ‘live’ lessons are the best. it’s possible to get quite good fairly quickly.

you summed up wat i thought about dinos post beautifully
keep it up

simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 14, 2003 - 5:09 am

hi all

just a quick question does any one know of a good website for qld to star investigating potential properties to buy

thanks
simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 13, 2003 - 1:40 pm

hi 007

where abouts in your qld r u situated. we are wanting to organise a meeting with local gold coast/brisbane area people. intrested in networking etc. r u close

simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 13, 2003 - 1:33 pm

hi alll

yeah i agree with arty
I like the seminar idea..

but it would be hard to arrange times that most of us can be online at the same time…

Unless we have a seminar room, and advertise the forum times in the MEDIA forum board…

and also have a 24/7 room for those that just want to chew the fat at weird hours..

to keep everyone happy

that would be great as i work shift work and would love the real time chatting

p.s this is an awesome website

simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 13, 2003 - 1:23 pm

i agree with aussierogue

get a room!!!!

lol[]

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 13, 2003 - 11:57 am

hey phobia
i am in the same boat as you i live on the gold coast and have the enough resources to buy 1 or 2 investment properties and are very keen on meeting like minded people to create a plan doing the same thing. is there anyone else on the gold coast or brisbane.

simon

[2muchmoneyParticipant@2muchmoneyJoin Date: 2003Post Count: 15]

November 13, 2003 - 11:20 am

hi all
as you can tell this is my first post as i have just join this forum recently after reading steves book.(wat a graet book best read ever.) anyway i am from new zealand (christchurch) but now living in sunny qld. i dont know any web sites or contacts in nz as im only 24 and very new to this but i may be able to give some insight into areas of nz. try nelson in the south island semi rural but growing. thanks for all the info.
i own my own home and are now ready to purchase my first ip can any one suggest somewhere close to the gold coast (2hr radius or abouts) to gold coast were i can start looking
thanks simon