I personally would be happy if property doubled over 20 not 10 years.Not the greatest investment i know but if i get the properties at or close to cashflow neutral quick with rising rents or paying loans down.That would be good for me. I am now 30. making me 50 in twenty years. Now if i build up a portfolio of several properties in the first 10…[Read more]

zbfairlane wrote:
Cheers for reply LA and Devo, Good to here your luck story with the Commodore too, Actually I drove my fairlane into the ground for many years, my restoration was paid for by profts from a property sale and I now resume to use it daily. It is a doodad for me but a relatively inexpensive and very enjoyable one.Interesting messge…[Read more]

L.A Aussie wrote:

devo76 wrote:

zbfairlane wrote:
An old topic I would love to revive. How about some of you guys with appreciating assets from three years ago. Have you Improved your ride yet??1968 Ford Fairlane $600 in 95, $16000 in 07 after $10k restoration. Very fuel efficient at 12mpg! The height of luxury as far as I am concerned.

As…[Read more]

zbfairlane wrote:
An old topic I would love to revive. How about some of you guys with appreciating assets from three years ago. Have you Improved your ride yet??1968 Ford Fairlane $600 in 95, $16000 in 07 after $10k restoration. Very fuel efficient at 12mpg! The height of luxury as far as I am concerned.

As i have stated earlier, i have been…[Read more]

Hi LA. I always like your posts as i tend to always agree with your thinking. And i do this time as well. But you must admit that on a few of these property forums there seems to be some people missing the point completely. What many want to do is better there standard of living yet they are more than happy to lower it for the majority of there…[Read more]

Also should add. My PPOR will be paid of within 18 months, I have a IP with more to come soon so im not wasting my money. I believe in a balance. And thats how im living my life. So now im off to dinner with my mates. Tomorrow we are going camping up the river and im going to get some fishing in too. Lifes great.

OK a background of my life. I come from a very poor family.  Food was scarce,Regular beatings for no reason whatsoever, new clothes never, and i cant say how much i enjoyed going to school and being hassled by everyone because of the ratty clothes i wore everyday.I loved my mum but her priorities didnt include me and my dad had a life with anot…[Read more]

I will start by saying each to there own. But some people are just tight . They get so caught up in the money making cycle they forget to live.Im all for saving and watching your spending but some people live on baked beans,drive crappy old cars,never go on holidays and where crappy clothes all there life. FOR WHAT. So they can retire at say 50.…[Read more]

I currently owe $190,000 on my PPOR worth $345,000. I will soon be paying a lump sum into it of about $130,000 reducing my loan to about $60,000. I plan to setup a LOC account of about $100,000 and leave about $50,000 available funds for redraw. Then i have cash if required for any reason. A LOC account to purchase any bargains that might pop u…[Read more]

Hit on Jennifer hawkins

Check out  australianmusclecarstables.com.au Similar site to the one mentioned above. My group a walkinshaw is for sale there. Im getting out now incase things get rough next year. Best to pay a big chunk of my PPOR i think and set up a nice buffer. Although i will get another cheaper toy as well. Gotta live and have fun too.Nice tax free profit.

A work mate bought a house there 6 years ago for $130,000. the area has troubles with dodgy locals and is severly effected by weather. When in drought the population drops massively. He sold his house 6 months ago for $130,000. Thats a profit of NOTHING. I would be careful.

I am interested about this too. Are we talking south of wollongong NSW

GlobalMark wrote:
1) 1996 Holden Barina2) 1985 Mitsubishi Cordia Turbo3) 1976 MG Sports CarCars Depreciate & Houses Appreciate so I have never bought a new car or anything over $20,000.

Bought my car for $40,000 two years ago. Now worth over $125,000 tax free.HO phase three fords were under $100,000 grand a few years ago. Now you will not find…[Read more]

Our weddong cost $20,000. Its the biggest moment in many young girls lives. I was happy to spend that on my wife.Im all for saving for your future but fair go. If you be too much of a cheap bastard you will be sitting in you mansion rich and ALONE becouse no one wants to live with a tight arse. Just my thoughts.

I love crunching numbers. I have a calculator sitting next to me at home. The wife thinks ive lost it. Ill see a property and go through a bunch of WHAT IFS. Seing if its viable or what a reno will do. It helps hone your skills i think.

My IP is a two bedder. I think it comes down to the area.My town has a large housing estate full of 4 bed two bath double garage houses. Nothing real unique there. I decided to buy in central town away from the big housing estate and the property is a more up market renovated house.I was aiming at the single or buisness couple. It worked as it was…[Read more]

My first IP gives a 4.6 % return before tax and the area has shown little growth. Live and learn i guess Im looking outside my local area for IP number 2

You no what you would get if we put these two positive and negative people together?A Battery. Ha ha ha.How many negative people does it take to screw in a light bulb?TWO . One to screw in the light bulb and one to wonder if we will ever see a light bulb as good as the last one.I have heaps of bad jokes. Ill shut up now.

Hey  macker. Good post. But be careful,its the  (look for the ups in life) kinda posts that got him wound up in the first place.