[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 9, 2005 - 9:17 am

I’m in, my hubby isn’t back untill Saturday but I’ll come. PM me time and place, how exciting putting faces to names!! I’m in for a chocolate bunny!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 5, 2005 - 11:32 pm

3.
100% loans when starting out are frought with danger.

why do you say thay?

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 5, 2005 - 2:55 am

why not?

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 5, 2005 - 2:52 am

Congratulations! Youshould purchase thelatest issue of Australian Property Investor Mag for a very inspirational story about a lady who did just as you are doing now.
Best Of Luck!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 5, 2005 - 2:47 am

Alice Springs!!! not for much longer as we are on our way to Port Lincoln (is there anyone else there??) We have a lovely 3brd home for rent is you know anybody that’s interested PM me! does anybody know what the rental demand is like in Alice at the moment? I want to hurry up and leave – been here 20yrs to long na it’s not that bad, I’m sure I’ll miss the dust, flie’s, heat, ohh and the 2pm tod tavern line up!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 5, 2005 - 2:02 am

I to am interested in buying my first deal through a bird-dog, can I ask does anyonw know if their fee’s are tx deductuble? Do you think this is a good way to start out? I do have plently of time and a bit of money but not sure exacaly what to look for in a deal so I feel it would be good to get me on my feet. I would to prefer to start out investing in Australia and prehaps make my way up to NZ.

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 3, 2005 - 11:35 pm

i think you’ll find that the recent ‘home north’ buyers limit went from $180,000 to $240,000, in Alice this ment that any place worth $200,000-$220,000 is now worth $230,000-$240,000. It also meens home affordability is quite good in the NT.
You need to get your mits on Steve’s newest book as it is much more up-dated (cheap at kmart). It’ll answer your ‘where are these + properties question’ but not in the way you think.
Can I ask, is there anything you can do to your neg geared house or even your home to make it posative cashflow? if not perhaps selling would be the best option.
Good Luck!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

January 2, 2005 - 8:25 am

regarding first post. I think from reading Steve’s 2nd book he didn’t actually have 130 properties but had purchased that many and sold many to buy bigger investments, I could be wrong, try asking Steve??
I’m sure banks take inconsideration the rental you’ll get from your properties and they’re cash posative then you should be ok to buy more properties. Sounds like a question for mortage adviser!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 31, 2004 - 9:36 am

have you read steve’s second book?

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 31, 2004 - 8:31 am

In regards to starting your own business,in the ‘rich dad, poor dad’ series he writes ”always think : “how can I serve more people, do less work and make more money” We to are hopeing to set up a cabnit making firm in Port Lincoln and put it toghether in a way where it could easily we run by someone else.

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 31, 2004 - 5:27 am

I’m for the chatrooms also! One comment WHERE’S THE SPELL CHECK! I’m a hopeless speller and would love to see a little ABC button when posting a forum!

P.S I love you Steve (in a fan sort of way!)
See you in March (Melbourne seminar)
claire

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 31, 2004 - 5:19 am

It is really nice to here people’s stories! I’m 20 (hence the username!) Me and my now Husband brought our first home when I was 17, since then we have used our money and skills to reno the house and after expences ($20,000 on reno) we’ve made about $60,000 in unrealised gains. Our goals now are to move closer the sea and the city where we’re hopeing that property opertunaty’s will open up or us.
OLDTIMER- fantastic story, I hope we to will achieve as you have.
At present I’m busy bringing up our 2 boys (under 5) and feeding my addiction to reading all about PI.

A suggestion if you haven’t read my other post “subscribe to Australian Property Investor Magazine” each one they’ll tell you a great story of average people making it bigin PI.

Bring on the success stories we could all do with a dose o motivation!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 31, 2004 - 2:02 am

My sister was in Phuket 2 weeks ago, I thank god she’s more inland now and away from the disaster! When I went on to my Bank SA internet banking service today the welcome page had all the bsb and account details of red cross so I could easily make a donation.
My friends aunty found out she had cancer in her leg a few weeks ago, she got specialist treatment (radio therapy ect) but after treatment the cencer had spread to her liver and grown to the size of a tenis ball. She died early yesterday, age 50.
Life is short and whilst it is important to prepare and set goals for the future remember to make the most of the journey and live each day to the fullest.

Claire

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 30, 2004 - 8:05 am

Alsomay I add…..kids are only young once, make the most o! it

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 30, 2004 - 8:02 am

Dec issue of MONEY mag has the best of the best including the best home loans and rates – worth a flick through at the newsagent.

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 30, 2004 - 7:48 am

We to are on the verge of going out of our comfort zone also, we are moving out of our home which we have put allot of money, heart and hard work into. We are of to SA for a sea change. Anyway can I ask would it be worth renting your house out and then renting yourself? This way you keep your home and can later sell if need be and by renting yourself you should save a few $$$ (no water bills, rates, maintaince). Have you done the figures on your place? does it end up posative, neutral or negativly gearded? remembering you’ll be paying the bills that you wont be paying on the place your renting yourself + agents fee’s, perhaps get an accountant to do the figures for you and work out your tax benifits in doing this. Worth reading “Rental Properties 2003-4” phamlet availible at tax office. We figure that we can’t regret renting our home out as we can sell later but could regret selling our home and there’s not much turning back there.
Also have you considered going to Steve’s seminar? $200 discount at the back of his second book. We are due to go in March (can’t wait) we are hopeing this’ll help us map out our path to financial freedom.
Just a thought
WISHING YOU LUCK!!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 27, 2004 - 2:10 am

you can call me Claire

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 27, 2004 - 1:49 am

let me ask… how do you make money providing a 3% interest rate and selling the property at purchase price??? you’ve got me!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 27, 2004 - 1:40 am

I agree. Steve’s new book is much more up to date, I read his first book, jumped onto realestate web sites and then was like “where the f$#$%$^” After reading his second book I was like “ohhhhh I get it”. It’s a must read!

[femaleage20Member@femaleage20Join Date: 2004Post Count: 68]

December 27, 2004 - 1:36 am

Maison, did both quotes include building insurance? would that explain the difference? I got a quote from CGU which came in at $500 which included building insurance. Does your other insurer quote online? do you have a web address?
Thanks for the feedback, I’ve found it very helpfull