One of the common areas providing confusion for new investors is the “gearing” of property (i.e. Positive or Negative Geared). In short, if a loan is positive geared, it means the loan is small enough (or the returns high enough) so that it requires none of your own money to keep it running – it puts money in your pocket each month.

Negative…[Read more]

One of the common areas providing confusion for new investors is the “gearing” of property (i.e. Positive or Negative Geared). In short, if a loan is positive geared, it means the loan is small enough (or the returns high enough) so that it requires none of your own money to keep it running – it puts money in your pocket each month.

Negative…[Read more]

One of the common areas providing confusion for new investors is the “gearing” of property (i.e. Positive or Negative Geared). In short, if a loan is positive geared, it means the loan is small enough (or the returns high enough) so that it requires none of your own money to keep it running – it puts money in your pocket each month.

Negative…[Read more]

One of the common areas providing confusion for new investors is the “gearing” of property (i.e. Positive or Negative Geared). In short, if a loan is positive geared, it means the loan is small enough (or the returns high enough) so that it requires none of your own money to keep it running – it puts money in your pocket each month.

Negative…[Read more]

Hi Ronnie,

To be honest I don’t know much about property investing, just read an article on the train one time about brief explanation on positive gearing and negative gearing.

Have a quick look at the link following – it will answer a lot of early questions to get you up-to-speed and warn of d…[Read more]

Hi Ronnie,
Did I make sense or is he on the right track?

You made sense…. He was just wanting to make a commission. I would think his “not understanding” was selective amnesia on his part !! I’m sure he knew EXACTLY what you meant.

Next time, if it is such a good deal, ask him how many of these great deals that he owns !! :p

Benny

Hi Anthony,
Welcome aboard !! :) I just wanted to post a few thoughts that might not answer the NRAS question, but will hopefully be of some benefit to you :-

1. Being “in a complex of 104” this sounds like an apartment – is it??
2. If yes, then a rent of $375/wk for a $385k property sounds quite restrictive. Are you sure you will only be…[Read more]

Hi Ross,
Welcome – you’ve come to a good place (well places really – Australia, and PI.com !!)

In reference to your question “What are the advantages of renting and buying IP’s?” take a look at this link :-

https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/

The third post points to a very…[Read more]

Hi munmum,
ONLY because of the bump, as I’m not sure these two gents are still active…. both are (were) in NZ.

In NZ, my mind immediately goes to Olly Newland. Wife and I bought our first house from him in the 70’s. I know he has been quite active in education there for decades – he presents, writes books, mag columns, etc.

The other…[Read more]

Hi JL,
You probably need an Accountant to confirm this, but your purchase date MIGHT help you :-

Bought in 1999 for $212k

I recall that a major change occurred (in Sep 2000?) re Indexing of values for CGT purposes. As I recall, for homes bought prior to that date, the owner may CHOOSE whether to use the Indexing method or the new “50%…[Read more]

Hi Sonya,
Welcome aboard !! It is good to hear that you are looking for options – this means you have your future firmly in view. I think a good move for you is to keep on reading, checking, questioning, and working toward that future. A chat with one of the Mortgage Brokers would be useful too – they can take your whole financial situation…[Read more]

Hi Sonya,
Welcome aboard !! It is good to hear that you are looking for options – this means you have your future firmly in view. I think a good move for you is to keep on reading, checking, questioning, and working toward that future. A chat with one of the Mortgage Brokers would be useful too – they can take your whole financial situation…[Read more]

Hi Gayle,
Nice post !! If I were an Admin, I wouldn’t even think of deleting it – such positive stories deserve to be told.

And isn’t it great when those initial fears just melt away and you realise you are on your way. Like you, I find this forum (and one or two others like it) can be a real friend to those starting out. Good luck with…[Read more]

Hi Ben,
Wow – sounds like a problem… and, no, I don’t think i have the whole answer, but wanted to share a couple of thoughts :-

1. The home we bought 30 years ago had a similar thing. No slopes to speak of, but the thing that rocked me was that downpipes were ALLOWED to “splash-feed” onto the ground rather than being piped away…[Read more]

Hi C.George,
Congratulations !! It is always a big step to buy that first investment property. Well done!!!

Re Govt Housing, the only one I am vaguely familiar with is “DHA” (Defence Housing Australia). They provide Management, guarantee a regular rental, fit new carpets and paint after a pre-determined time (6 years?? or 9?? not sure)…[Read more]

Hi Ms New,
Welcome aboard. Anything new like property investing can seem a bit scarey at first, but as you say, there are places that can help (like, right here…).

In case it helps, do check out this link (and all of the links of interest within the…[Read more]

Hi Ray,
and welcome aboard !! :D Sorry, I can’t help much with other calculators. I did have a look at Ian Somers’ PIA (he used to have a trial version on the Somersoft website) but I found I got much more from using Excel and building my own calculators.

That did two things for me – one, I was learning Excel for myself at that time,…[Read more]

Hi Boshie,
I just posted this for another new reader – take a look:-

https://www.propertyinvesting.com/forums/general-property/4349450

That takes you through some VERY useful “first questions (and answers)” and could answer some of your questions straght off. You look to be in good shape and a bit of careful thought, and not rushing into…[Read more]

Hi appg2,
Well done for thinking of these kinds of things while still young. I would say first do a bunch of learning re property – it can be a good friend if you treat it right. Take a look at the link below as a “get up to speed quickly” reference.

https://www.propertyinvesting.com/forums/general-property/4349450

Stick around, ask more…[Read more]

Hi Samson,
Hopefully, Terryw’s links will provide what you need to know.

Re Andrew’s comment :-

Property A will be only partially exempt from CGT since it was rented out for 4 years. A property is only fully CGT exempt if it is your PPOR for the whole duration of your ownership.

…. I think Andrew might be presuming it was a renter from…[Read more]