Can’t argue with your logic Quentin but I still don’t wholly agree….(good to have different opinions – makes me think). []
Tax relief is all very well but yuo are still paying for the privelege of owning the property. As long as the property market goes up like the market we have experienced over the last 5 years(approx) then all is well. In a…[Read more]
Hey Jus10,
I agree with Quentin up to a point. Writing down your aims, etc is an excellent idea and a neccessary one. Quentin is also right that you have to look at all the options and decide which one is for you. As to ignoring cash flow positive properties in favour of Capital gains I would say that Quentin is wrong. What is right for you has to…[Read more]
Hey Dorothy,
As to population I always think If I have to sell this property quickly for any reason can I. In a small town the chances are much reduced. Also Is the chance for a smaller town to shrink or a larger town ??
Enjoy
AD [:0)]
(Andrew)
“”Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the…[Read more]
Hey Gus,
Tough one to call. Do you walk and call it a learning experience that you are much wiser from or is it the kind of property you want to hold. How does this fit with your investment goals ? Do whatever brings you closer to your desired goal. Remember that if you are looking at break even you could wrap the property and sell at a small…[Read more]
Welcome Jus,
Hope you find much knowledge here that will help. Dig back through the posts and you will find heaps of info. Which part of the world are you in Jus ?
As Brett said…What do you want to achieve and what are you willing to do to achieve it ?
Talk soon….
Enjoy
AD [:0)]
(Andrew)
“”Imagination is more important than knowledge.…[Read more]
Hey all,
Hope everyone has a happy and holy Easter. Have a ball and spend lots of Quality time with the clan. Remember that this property stuff is fun but Family and Friends are more important.
And I’m with Matt on the chocolate…..It’s gotta happen.
Enjoy
AD [:0)]
(Andrew)
“”Imagination is more important than knowledge. Knowledge is…[Read more]
I’m with Essykay on this on Dot. Acceptable to you or me or anyone else is subjective to your own needs. Remember though that cashflow is present and in your pocket. Capital Growth is subjective and in the future.
Do whatever gets you closer to your goal (the one you have written down).
Mate what a question. How many angles are there ? In all honestly so much depends on your own position that you really should seek some professional help (accountant).
I want to write more but realise just how many ways this could be looked at and will hold back. Professional advice is all I can say before you…[Read more]
Hey Paul,
Mate your views have been put over clearly enough in many posts under many names. I love reading posts that challenge the way I think but I’m not a big one for slander. If you want to challenge the property investing model …. go ahead. IF you want to write posts like this then I’m sure people would rather not here from you. Please…[Read more]
Hey there Dot,
Welcome to the gang.
Good questions and ones that asked a lot.
1. 11sec solution – simply it is a filtering tool many use when looking for cash flow positive property. Rent of the property (/week) * 1000 /2 = around a 10% yield. This means to me and others that I will further investigate the property and see if the numbers stack…[Read more]
Welcome to the forum and just remember that whether things fall into place or not is entirely in your hands. The more successful people I meet and the more successful deals I do I realise that you cannot wait for opportunity you have to be out there chasing it down. It isn’t always easy but it is tremendously rewarding and you can…[Read more]
Hey Scotty,
If you go to the search function and search using “sec solution” you will find heaps of hits. Any problems let me know.
Use search for all words and all in everything else (as you will find it on the page).
Enjoy
AD [:0)]
(Andrew)
“”Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the…[Read more]
Welcome Scotty.
Do not hesitate to ask any questions you have and the bright bods here will give you there opinion and help wherever they can. Good to have you in the group and I’m sure it will greatly accelerate your learning as it did for me.
Enjoy
AD [:0)]
(Andrew)
“”Imagination is more important than knowledge. Knowledge is limited.…[Read more]