Hi again, Steven,

I recall too that Steve wrote an article recently where he suggests we check the demographics of an area – that is one very important Article as it talks of how a largely Owner Occupied area has a far more stable price for properties than an area that is heavily owned by investors.

There is a wealth of other…[Read more]

Hi Steven,

As for my strategy, I bought my first investment property in Victoria, but I think it is not a very good buy, as it is both negatively geared and it didn’t seem to grow in terms of capital value. So it was a crappy buy on my part.

My first reaction to that was “Did you buy a House & Land package with that one?” Your comments c…[Read more]

Hi Steven,
I can’t help you with any comments re Morayfield, but what I wanted to share was to suggest you look at things from a different angle. It starts with measuring yourself re your skills, risk tolerance, knowledge, and financial capacity. Find out what your borrowing limits are early on – no use researching an area that you flat can’t…[Read more]

Hi Steven,
That data is too old to be useful.

It also shows the area has a population of some 2300+ as of year 2011 …… and median age 54 as of year 2011……

In 2011, Park Ridge was an older suburb with mainly acreage blocks and old houses on it. Around that time the developers starting buying up the acreage properties, and many “oldies”…[Read more]

Hi Investor,

To achieve that don’t you need your properties paid off?

No need for that at all. If you meet your current obligations to the lender, then any remainder is yours to do with as you see fit – and that COULD be used to pay down debt, or take a world trip.

Re HOW it can be done, I would think Nathan’s videos should give some c…[Read more]

It is the old “supply and demand” curve, Investor. And that relates to everything, not just property. An over-supply leads to a drop in prices, and an under-supply leads to higher prices.

Do you recall Cyclone Yasi that took out huge swathes of banana plantations some years ago (2011?). Because of the disruption to what is a major part of…[Read more]

It is the old “supply and demand” curve, Investor. And that relates to everything, not just property.

Do you recall Cyclone Yasi that took out huge swathes of banana plantations some years ago (2011?). Because of the disruption to what is a major part of Australia’s banana growing area, the price of bananas got (at one point) to around $12 a…[Read more]

Hi Cameron,
I have never done a Commercial deal either, but a seminar I atteneded a few weeks ago certainly piqued my interest. In essence, the presenter was describing how she was buying small Commercial spaces (e.g. coffee bar, or restaurant sizes) and getting enormous returns. I heard that she was pulling like 9% return, with the tenant…[Read more]

Hi MDG,
Jaxon made a very good point. If you aren’t sure which way you want to go, any road will get you there. Since there are so many ways to invest, your first goal should be to bone up on where it is you want to be, and what way is the best way to get you there. What skills do you have that could make one way better than another? etc.…[Read more]

Hi MDG,
Jaxon made a very good point. If you aren’t sure which way you want to go, any road will get you there. Since there are so many ways to invest, your first goal should be to bone up on where it is you want to be, and what way is the best way to get you there. What skills do you have that could make one way better than another? etc.…[Read more]

Hi Jo,
Wow, that is a huge change in just a short time. You seem to have had an epiphany of some kind in the last year or so. Awesome. I wish you much luck with your venture. And yes, DO stay on here to keep us updated from time to time, won’t you?

Prior to replying, I was searching the Internet for an article I had read about 15 years…[Read more]

Hi Stacey,

Not sure how this PM works.

PM stands for Private Message.

Look for the “@name” underneath each poster’s main name – e.g. Under “Kelly” is also “@kellys3” – hover your cursor over that @name, and you will see a display that reads “Send a private message to this user”.

If Kelly is the one you want to contact, then click on…[Read more]

Hi Inv101,

Most of this comes down to common sense. Learning about the areas you want to invest in is so you can spot a bargain from the moment you see it. Back when my wife did Real Estate Sales, they told her that she should learn to “value” a house within $5k in her first 3 months. Now, that was 20 years ago, when properties sold for…[Read more]

Or try Strategic Wealth in Hurstville.

Nick Moustacas was a real gem when I was Sydney based (some five years back now). He is a property investor too, so is well versed in everything to do with IP’s.

Benny

but are they easy statistics to source yourself or can that level of research only be done using things like DSR and RP data.

Sorry Jcam, but I can’t answer that. Maybe others can though – let’s see eh?

Also, now and then I read of some offering to “share” a subscription with others – cuts the cost to all, and is probably more…[Read more]

Hi Jcam,

I was pretty impressed with Dave Ward’s answer to someone else on that very subject. Go here to find the link:-
https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/#post-4697972

….then, once in that thread, do also read the earlier question and all of the other answers. But it was Dave’s…[Read more]

Hi Ithilien,
Given your comment re the age of the townhouse, two things came to mind:-

1. What does your Solicitor say about this? and

2. Is it possible that this sewer line may not even be in use any more?

Certainly, if 2 is the case, any risk drops dramatically.

How you would find out if 2 is correct I don’t know, but I think I…[Read more]

Hi all,

On the Home page, about halfway down (use the scroll bars) you will see a brightly coloured box with words like “Do you have some of Steve’s books? Unlock your free gifts!” and a big button to click.

It does bring you to the same place as the link mentioned above. But it is far easier to find on the Home page than on a 3 year-old…[Read more]

Hi all,

On the Home page, about halfway down (use the scroll bars) you will see a brightly coloured box with words like “Do you have some of Steve’s books? Claim your free gifts here!” and a big button to click.

It does bring you to the same place as the link mentioned above. But it is far easier to find on the Home page than on a 3…[Read more]

Hi Sitbon,

I saw the initial problem was having the spaces in the title. It prevented the link from identifying the full title. You may have seen the post where the link stopped at …..sh/Due – and the rest of the title appeared as normal words.

Spaces in links do this. Is there a possibility that you can CHANGE the title in Dropbox so…[Read more]