Hi voigtstr

I am in exactly the same position!

While i am enjoying the kickstart program i am a little frustrated by slaving away in my job to pay of consumer debt.

Here is the approach that i have taken:

– allocated a portion of our income to paying the bills and some “pocket money” for entertainment etc. Do this by averaging bills over last…[Read more]

Crusher

Great websight! just what i have been looking for.

As a newbie to PI i would suggest a beginners area with links and/or reviews of great books to get started with. this also seems to be a very common thread on this forum.

WD

welcome to the forum. i am in a very similar situation to you. I also suggest ‘Rich Dad, Poor Dad’ but warn that…[Read more]

Dr X.

Great work on the reno! 4 weeks is amazing!

regarding the broadband:
– the first thing to do is to check that the house can actually get a broadband connection – check that the exchange is enabled and then check your phone line. if you are new to broadband i can give further details.

– sorry no personal experience but i think it would…[Read more]

Thanks i think Ive got it now [cap]

Congrats on doing so well with your investment!

Heres one that i based mine on

http://www.fido.gov.au/fido/fido.nsf/byheadline/FIDO%27s+Budget+Planner?openDocument

Word of warning that when i did this about 6mths ago the fields to convert between week/fortnight/month were a little problematic.

I also found that the tables and methods in Anita Bells book to be very…[Read more]

As a newbie still reading and learning, can someone explain what a buyers agent or buyers advocate is? [confused2] Any examples? Ive not heard of this term before.

Also if you only have to OK the deal, why do you recommend it for buying the first couple of properties? Ie what are you learning by doing it this way?

Cheers
Ben

Thanks for the quick reply Snowy!

Can anyone confirm this location?

KB

We recently built our PPOR and i was amazed at how much I learnt during this process. If you are new to real estate this may be a good way to learn the basics.

(note that i can’t speak of IPs as i don’t have any, yet ….. )

Michael

Due to the knowledge i have gained from building the PPOR i am interested in developing IPs – can you expand…[Read more]

Thanks!

Due to limited funds while i finish clearing my bad debts over the next 3-4months, I was hoping for something a little cheaper.

I think i will grab the latest API tonight.

Also 2 things i forgot to mention:
– I prefer (but not limited to) SA for my first IP as it will be cheaper to get to the property for inspection. But please don’t…[Read more]