Hi Kennedy,
Remember this:-

When meetings are logged on the forum, do make an effort to go attend – you see, it is when mixing with others who have already done what you wish to do that you will learn heaps,

Well, if you can go to the Gold Coast or Sunshine Coast, do check out these new posts today :-
Sunshine Coast – h…[Read more]

Hi Pollardis,

The only way that is possible if you have another property you can borrow equity against

I agree with you – the wording probably should have looked more like this :-
The only way that is possible if you have another property with equity you can borrow against

But then, I don’t believe that is the ONLY way – with the smallish…[Read more]

Hi Pollardis,

<blockquote=JamieM>The only way that is possible if you have another property you can borrow equity against
I agree with you – the wording probably should have looked like this :-
The only way that is possible if you have another property with equity you can borrow against

But then, I don’t believe that is the ONLY way – with…[Read more]

Hi Aru,
It sounds to me like this is a house you are buying to be your own home – is that right? Will it become an investment later, or do you plan to live in it for MANY years?

Some of the basics are the same (re getting a building and pest inspection, and checking what is happening around the area – new infrastructure, etc).

First…[Read more]

Hi Moggy,
As Australia has many different markets, it may be worthwhile to add just WHERE these properties are. e.g. if they are in a mining town, I think we can all understand why the first property hasn’t sold for the price you want.

Now, I don’t expect it IS in a mining town, but you see what I mean? The location and current property…[Read more]

Hi Sam,
Like Corey, I’d say “Don’t try to catch a falling knife!” Let it get all the way down to the ground, THEN pick it up – it is safer that way.

You didn’t say WHERE in WA – if the one you are looking at is in one of the mining towns, be VERY aware that a decision from YESTERDAY has Banks reducing the LVR of a loan for some particular…[Read more]

Hi Liam,

I LOVE every aspect of what I am learning and I am eager to discuss with everyone I meet being family and friends etc. I am repeatedly faced by scoffs and warnings and head shaking. IT DRIVES ME NUTS.

First thing I would suggest is that you don’t give them the power to affect you so badly. There is an old saying – something like…[Read more]

Hi Kennedy,
Welcome aboard the good ship PI.com. You have come to a good place :)

I wish I had been as driven as you at the age of 20. I didn’t find out about this stuff until I was in my 40’s !! I had an inkling, but I didn’t chase it back then. You’ll be sweet, because you are starting early.

I like @knightm‘s ideas – main thing…[Read more]

Hi Kennedy,
Welcome aboard the good ship PI.com. You have come to a good place. :)

I wish I had been as driven as you at the age of 20. I didn’t find out about this stuff until I was in my 40’s !! I had an inkling, but I didn’t chase it back then. You’ll be sweet, because you are starting early.

I like @kinghtm‘s ideas – main thing…[Read more]

About 20 minutes.

Very droll, Jamie !! Well done – put a smile on this dial…. :)

Benny

Hi Moggy,
I found some of the story a bit difficult to conceptualise. In particular, this bit :-

The other half decided to bridge between the two in the hope that the first property would sell in one year.

That “bridge between the two” comment means exactly what?

See, straight off from your words, I thought the other half had taken out…[Read more]

Hi Moggy,

I will not be fooled into borrowing to buying property as this only makes the banks richer …. You can try to out run the debt, but lose your job and the bank comes knocking for the keys. Never let emotion rule your head. Don’t buy anything unless you can pay cash for it including a house. Renting suits me just fine. The sharemarket is…

[Read more]

Hi Redwood, we are under category Buy, Swap & Sell, could you advise why this is not suitable for this area? FYI we have a google campaign currently active!

The first post of this thread (also the very first thread in Buy Swap and Sell) tells you why your ad is not suitable
https://www.propertyinvesting.com/topic/4405587-posts-in-this-forum/&hellip;[Read more]

Hi Azalia,
I am sure the learning that has already happened will pay back dividends as you go on. Good to hear that this is not a bad purchase…. Just one comment of yours has me scratching my head a bit :-

I am actually happy to go through with it, improve it and sell it in the near future

It might all come down to your definition of…[Read more]

Hi Lea,
and welcome to propertyinvesting.com I feel for you with fly screens NOT being a “given”, and the RE agent seemingly reluctant to provide them, I am gobsmacked. I would certainly want to provide them in my rental properties, especially in the Northern Territory.

Have you tried checking with other RE agents in your area? Maybe…[Read more]

Hi MattH,

What are your thoughts on Logan? such suburbs as slacks creek, Woodridge, marsden. There seems to be some movement happening recently and still some really good cash flow properties.

As per BuyersAgent’s post above, look for the area that DOESN’T have lots of land nearby that is able to be developed. e.g. North and West of Woodridge…[Read more]

Bump !! Please help out newer investors who might have been bitten by the “Just Do It” bug.

Do you have a story to share where you (or someone else you know….) came off second best by being a bit too “Gung ho”? Moving too fast to be able to mitigate risk, confirm finance, or to complete due diligence, etc.

e.g. Did someone you know…[Read more]