Yes they often do themselves an inservice. Time is important. If I see a post where I think it is relevant to me or I can offer some input i have a loo. A lot I don’t even open.
Also when people ask questions but give you no details. Eg where can I buy under $200K?

Or they rave on about a million different things.
Think about what you really…[Read more]

You won’t find a paper that will tell you all you need to know. You need to look at an area and see if it fits YOUR criteria. Eg do you want CG? Yield? You need to look for what’s important TO YOU. Eg infrastructure, transport, median price. Too much to list. If you have an area in mind start looking at the stats. Go to open homes. Speak to real…[Read more]

Hi, where are you located?
I have a buy Reno strategy. I buy bread and butter properties. Do z complete Reno and then they are CF neutral at worst with equity go borrow if need be. full Reno takes 4-5 weeks. Then holiday!!
The main thing is you MUST do you research into the area to know the end price After Reno. The. You need to have a budget and…[Read more]

http://www.meetup.com/real-estate-sydney/     The meetup site helps people organise meetups for a variety of reasons. Also look at Somersoft forums. Good info there and people often arrange meetups. Where are you located?

I don't think it's the point of "losing" $100. It's about value for money. Some people thought it was wonderful. There was one couple there who had done the full course 3 times. Now that's crazy. To spend thousands of dollars to learn something can be a good investement but to pay again and again to learn the same thing? What's that saying-…[Read more]

gng wrote:
Sorry to be off track a little. Obvious No not obvious. There are many suburbs where units track houses in regard to CG. house with land component will appreciate the most, but what about comparing villa unit and apartment in the same suburb say canterbury, vic. I'm thinking capital growth would be pretty similar given both has…[Read more]

The library is a great place to get past magazines too. There are often great articles and you can borrow a few. Look up the stats in the back of old ones. It's interesting to look at the price differences etc to now. Go to a few free/cheap seminars too. They are pushing things but you do get some good info. Just leave the credit card at home and…[Read more]

I went to Nathan's latest talk in Sydney last night. It was very interesting. He talked about how he got started and how he has made himself the success he is today. He had some of the people that he has helped start their property portfolio talking. He talked about his strategy of buying undermarket with good yield and potential for CG.Just over…[Read more]

scotts wrote:
but you don't actually claim it as PPOR until you sell it correct?  Yes unless you are liable for Land Tax- then you need to stipulate which one is your PPOR. would this not work..NO! Sorry- you can arrange it anyway you like but it doesn't change the facts.Legally you CANNOT avoid CGT on one property from October 2010. If you…[Read more]

Yes you can IF you don't have another PPOR as you are still claiming that as your PPOR.  If you buy another then THAT is your PPOR.

No you HAVE TO PAY CGT on one of them for the time you owned both. You have 2 properties at the SAME TIME. You have to choose which one is your PPOR and which one is not. Yes you can go from one to the other but you need to decide which it is. There is no timeframe. From October 2010 you have to pay CGT on one until you sell one. It makes no…[Read more]

Why should i move to America ? Houses are DIRT cheap. Buy a house cash. Have no mortgage. It's closer to EVERYTHING else. Why Shouldnt i move to America? It's not as nice as Australia. It's full of Americans. How will you live (money wise). You will miss family and friends.Where should i consider moving to and why ? California , Florida, Hawaii…[Read more]

Hi Scott, you are a bit confused regarding your PPOR. You cannot claim 2 PPOR (Principal Place of Residence) at one time. So you need to make the decision as to which you will claim as your PPOR from October 2010 until you sell. So you need to see which property has made the MOST gain in that period. That's the one you want to have as your PPOR…[Read more]

Email   AJ   at  http://depreciator.com.au/ with some details. She will give you a price estimate and whether it is worth doing (they won't do it unless you get your money back in the first year).  Tell them Lynne recommended you. They'll look after you.  They have done all of mine. Great service and price. They cover most areas.

waydo77 wrote:
. Sure enough advertising will help promote to the masses, but the majority of people (except maybe the out of date/whats the interweb?? investor) will google that company for a good few hours before committing thousands of dollars to a company to help them make money.

I truly doubt that. Have you been to any of these self…[Read more]

The Gold Coast is on sale at the moment. You need to look carefully at price comparisons. You may be able to snag yourself a bargain by buying something that's already built. Is this to live in? That makes a difference too. If it's for investment only the numbers matter.

Yep. Just get it connected. But don't forget to disconnect. Hubby forgot one and we realised a month later when we got the bill. Caused some problems really. Rang up and said disconnect. Rang tenants and they hadn't connected it. So we wore the month. Then we got a bill the next month. Rang them and were told sometimes it takes a while to go…[Read more]

You do realise that you are going through all this stress worrying about whether you can save $108?   $10,000 X 6.5% X 2 months = $108

Victoria I have the same concerns. They are not the only group doing this in Sydney's Western suburbs. Look on RE.com and lots of the properties for rent list GF going in the back. Some parts of Mt Druitt for example are improving but I worry that increasing the density of an already overpopulated area will have negative effects. I also think that…[Read more]

Buying with a friend can be tricky. I'll assume you are thinking of doing this as you have limited funds (or borrowing capacity).  Assuming you want to buy an investment property. Before you go any further sit down and discuss what you want to buy. How you will split the purchase costs, ongoing expenses etc. You need to have plans for if- one…[Read more]