quote:
I can see where Tails is coming from and I admit to being sceptical too.
What bothers me about “cash positive” property is that it is so reliant on being tenanted. I mean, if the economy goes bad and you struggle to get tenants you are “knackered”, you have no capital growth to fall back on.
Please tell me if I am wrong.

I disagree -…[Read more]

quote:
I know I’m ignorant but who would pay $190 rent on a $85,000 property?
Likewise, this 11 second rule would translate into a $175,000 property attracting $350 rent per week. Does this actually happen?

Hi Kirby,

In a word, Yes – it does happen.

A while ago, I was a ‘disbeliever’ too. It didn’t matter how hard I searched the local papers,…[Read more]

Hi Matduqua,

I was meeting with some mortgage brokers recently, and they mentioned NAB too.

95% lends come out of the competitive lending market which is around right now. I guess you can only reduce your interest rate so far, so you win customers on terms.

But Oscar’s right – there are a few more hoops to jump through. After all, they have to…[Read more]

Hi Trying,

The articles you’re looking for – I think you’ll be able to find them at;
https://www.propertyinvesting.com/positivecashflow
(the one on Positive Cashflow)

https://www.propertyinvesting.com/strategies/negativegearing
(the one on Negative Gearing)

You mention you’re having trouble understanding about companies and trusts.

Steve has…[Read more]

Hi Lep,

Welcome to the PropertyInvesting.com Community!

There was a post a few down on a similar topic – check it out – https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=446

To answer your question, bank foreclosures generally go to local Real Estate Agents who sell them from there.

I can remember seeing 19 of them being auctioned off…[Read more]

quote:
I’m thinking of puchasing my first investment property by purchasing a Deposit Bond??????
Having the deposit on a new home with a long settlement, allowing me to sell the property just before settlement and hopefully earning me a profit. The property is under construction.
Where could i get more info on Deposit Bonds???
Is this a good way…

[Read more]

Hi Insider,

Happy New Year!

The report Steve refers to in Fast Track is the Postcode Profile report available from http://www.PropertyValue.com.au

There are more detailed reports available through the web-site, but as you correctly pointed out, they do cost a small fee.

Happy Investing

Brent
PropertyInvesting.Com

Edited by -…[Read more]