I have attended Navra’s course over the weekend. I think his strategy for serviceability is creative. It’s a safe and legal (and which banks will accept) of income stream.
Having said that, I am new at this game myself. At the moment, I am in the process of finding which strategy will work well for me (i.e. positive cashflow…[Read more]
Thanks for all that useful advice and information. I was a bit worried coz the deal I was getting into (my first one!) failed the 11 sec solution. However, after calculating and re-calculating, I finally got the correct bottom line. Yes, it is positive cashflow. Return of about 8-9% so it’s not bad. The property is Mackay CBD. It’s a…[Read more]
Hi Michael and Kaye,
That’s an interesting comment. I have bought her book too but haven’t met M Lomas personally. The thing is, one of the properties which they have on the market at the moment (Swanston St apartment) was sold to me early last year. My accountant has worked out that it is negatively geared, and I will be out of pocket by x…[Read more]
Thanks for all your replies. Fingal is in Tassie. You got it right, Soosh! 
Becky, I have emailed the agent back to inquire exactly what he meant by that yesterday. Maybe emailing is not a good idea…hmm…I think I should ring him instead so he’d know I’m serious enough. Will do that after this post. Based on my calculations (11…[Read more]
Hi Sooshie and AD,
I am constantly amazed at how many people are out there to help.  Thank you to you guys.
Anyway, I got home that Sunday night EXHAUSTED! But my head just kept ticking. I could not get myself to rest. I went about reviewing my own set of goals and suddenly, I felt fear. I know, I know…fear in its definition is unreal but I…[Read more]
Thank you for inviting me to read the first draft of your intro. I think it is cleverly written. Light and certainly not imposing. It impresses upon the reader that there is a way out of being tied up to the office as an employee.
Having said that, I think I will have to agree with Brett in emphasising how you built your own wealth.…[Read more]