First of all I would invest in a calculator! 2k + 7k = 9k… Not 8k[8] But thats ok.[]

I think you would find it quite hard on the circumstances that you have mentioned. You can try looking at some cheap 30 -40k prperties, but beware they are hard to come by.

Mortgage Hunter any thoughts?

Eternity

Remember: Buy under market value and get some instant equity so that you can revalue you PPOR and buy your first IP.

Cheers

Eternity

Hi Eternity,

quote:

Firstly thanks for sharing in your book “0-130 Properties in 3.5 years”. It was a great read and eye-opener. I really loved it!

You’re welcome!

quote:

Would you care to share with us about how you are currently going in your Investing Endeavours?

Yep – this is what I did at the recent…[Read more]

I would say that considering that you are only paying $105 per week rent, than I think it would be wise for you to continue renting as I believe that you are in a unique position.

$105 is cheap, and if you were to purchase a PPOR you would be paying something like 300 to 500 per week in interest alone! And the next year or so will be…[Read more]

So we may have to join as Kiwi’s… YAY!

Regards

Eternity

It would be great to hear about how the meeting went!!

I would have loved to come, but I am from sydney.

What was discussed?

Thanks

Eternity

With interest rates going up and more and more off-the-plan investors having their investment complete with their property valued for less than what they signed contracts for, I would say that this method should be avoided.

Also because the ‘boom’ is said to be over and property prices may be on the slow down…[Read more]

When? Where?

Is this a regular occurance?

Regards,
Julian

Congratulations on your success!!

Anybody else have some “UNITS” that are performing as well as Anna’s?

I remember maybe 6 months ago comming accross a unit in Canberra that was for sale at $55,000 and was renting for $120 per week. At the time (before reading Steve’s book) I thought wow this is excellent. But my mistake…[Read more]

May I ask where you purchased your two IP’s?

Mini lives in sydney.

Cheers

And also it felt like I found them too easily and thought “I better not just jump on this because there may just be a reason why it is so cheap” Like its a bad area, or something like this.

So still…[Read more]

To be honest, I have only been in the +CFP market for two weeks, I am learning as much as I can ATM and I have a short term goal to secure my first +CFP by the end of January.

I feel like there is alot of researching and ‘Due Diligence’ to be done on my part before I jump in.

So its new/exciting/scary for me at the…[Read more]

Regards

Julian

Is $365 the rent for all three units?

Send info to julian’at’ctcorp.com.au

Cheers mate

Could I please have a copy of this spreadsheet?

email is julian’at’ctcorp.com.au

Why aren’t people writting their email addresses properly (eg: ‘at’)

Is there some danger? Spamming?

Have people had problems from this site?

Thanks

where abouts in sydney are you based, im also around your age (im 21[])and also are you by any chance an accountant or is someone in your family one, just the words you used in one of your posts, was an accountants expression.

cheers
s.i.s

I live in south-west sydney, I hope your not thinking that I’m a chick mate……[Read more]

Thanks to all that have contributed!!!

Keep the postings coming!!!

Share your stories, even stories from a friend or someone you know. I think that the best form of encouragement is seeing real results from people who have done it!

I would love to hear from our fellow forum members who have successfully invested in Positive Cash Flow properties.

Post your story!!!

Cheers

My QLD investment property is called ‘Metropole’ on Mary street in the Brisbane CBD. It is a one bedroom with a blacony but no parking.

Has anyone heard anything about Metrople?

Can I ask you a few questions:

1) Where is your investment located?
2) What did you pay for it?
3) And whats the new agent?

Your reply will be…[Read more]

Cheers
Mel
[/quote]

Congratulations on your success!

May I ask, why do you use a trust for your investments? Is this…[Read more]

And its good to know there are other people who have purchased property from a young age.

Yes, I do have a full-time job and so far as how well my properties are doing now:

Sydney apartment purchased for 210k in march this year and already it is worth 285k! I have a great tennant on a one year contract for…[Read more]

That seems like a good idea, I think I will try calling some agents and see how much of the leg work they are prepared to do for me. Can you suggest any area’s that you have found to have the right features eg (average 3 bedroom house price of around 100k and solid rentals while being near a major cbd etc…) I’am not asking for a…[Read more]