Thanks again.
From FUN

My opinions, there is no point to argue with people who have different view on the subject. You’re not going to change their minds on the subject by arguing. So if they think investors are bad, you won’t win them to your way of thinking by arguing. So may be better off just avoid the subject or understand that they haven’t seen the other side…[Read more]

As other said, it’s hard to comment without details. However, just put in some ideas.

Since you’re planning to move into the new purchased property in 3 years, if you don’t mind for the time being to live in a rented property, then may be you can sell the current house and rent a place to live. Then the capital gain may be put into the…[Read more]

That’s interesting to know, although i’m still single.

Anyway, will foreigner (having temporary working visa) be able to set up trust with business partner who is citezen or permanent resident and hence buy properties for investment?

Thanks everyone for help
From FUN

I think if you can somehow assure that what you’re buying is really what you are after, then it is not necessary to see it personally (leverage as well). But it may be difficult especially if you are new to the area or even in this game.

Just opinions from novice.
From FUN

I think the answer varies amongst individuals but I prefer to think the real +ve cashflow deal is one before tax. Because if you need to take into account the tax effect in order to get +ve cashflow, you will eventually max out the tax benefit.

Just opinions from novice.
From FUN

From FUN

Since you read “Rich Dad” and knew you should start small, then you should also know it’s not money making money. You need to somehow create and come up with capital. Then your results will by themselves convince your parents or whoever to finance or lend you money.

Just opinions from novice.
From FUN

What you said is very true from my experience as well, I mean it’s one of the great drive that we have friend the like and keep ourselves motivated and checked. Not just friends having same interest over something, but together have the desire to improve on that subject.

From FUN

Thanks very much for your advice, it’s very insightful!

From FUN

From FUN

From FUN

I am a novice here, but if you don’t mind opinions from me, I believe the issue is not whether the property is new or old, it is the ‘solution’ that you provide that make it happens. So we all need to think hard to come up feasible solution:)

Also I believe that positive cashflow only after taking advantage of depreciation is not truely…[Read more]

Just question from novice.
From FUN

I think what Dazzling said is very true, it should be the elevated plateau rather than the infrequent peak that we should be motivated for the long run.

From FUN

Another quick way to repay loan is to sell it. If there has been good capital gain, you will have more capital to buy another property.

Just my novice opinion!
From FUN

I think to make it legal, you are just effectively sponsoring them $100 every week like giving them pocket money every week. They are just renting a place cost $180 per week, which place happens to be yours!

But what’s the benefit? Will it really keep the price of the property up with the current market? Who knows, until you sell it…[Read more]

I certainly agree what you said about skillful investors. Just to further asking your opinion, do you think that skillful investors don’t waste their time reading or even stay away from all these predictions/speculations about property market?

Or do they still need to follow closely what others think about the market? But what’s…[Read more]

Why is that you think the property is more for a owner occupier rather than for a property investor?

If it attracts tenants, I’m sure it may suit some investors. Anyway, just my novice opinion.

From FUN

My understanding of the formula is that it provides a quick comparison of the property you’re looking at with others in the area.

If the % is much higher or lower than other similar properties in the area, it may imply a sign of opportunity and prompt you to investigate further. However, the final decision should not be based on this…[Read more]

Not that I don’t like property investing, as an analogy, some people like jogging, swimming or anything, but they don’t necessarily do that regularly or diligently. Not because they don’t have time, more than often is that they are not motivated or driven. I certainly heard people who are interested in PI and…[Read more]

Just some newbiee opinions!

From FUN

My opinion, market trend is not the most important issue, as long as you have the ability/flexibility to hold and sell. If it happens to go down alot, then just hold this one (perhaps it’s +ve cashflow property) and buy the next few at cheap prices (due to market going…[Read more]

From FUN

Can I buy an investment property with my name and a friend name (who is permanent resident), and then do I still have all the restrictions set in the FIRB?

However, if I can’t get around to buy property now, I can just wait until I get my PR…[Read more]

To come up a book title, things should be considered are (in my opinion): what this book is about(of course), are they true stories and be done or just unproved theories, and something to astonish potential readers, and tell as much info as you can in as short title as possible, so that if my friends wanna buy in bookstore won’t have to…[Read more]

My opinion is, most people who know about you will almost surely buy your book. So the intro is focused and meant to attract people who haven’t heard about you.

Most people are “weird”, they know the importance of investing and understand the consequences…[Read more]