Pretty good question, I never think of that before.

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

5 IPs, 0 PPOR
currently looking into Cairns and New Zealand

Any help and tips would be appreciated

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

Good point Zuki124.

I am thinking of doing some reno in the future, but now see a lot on TV seem a bit of a worry

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

I know that self managed super can invest in property, but can you borrow to buy investment property?

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

Livelife,

I got their regular mailing newsletter promoting their product and saling property.

I think if you are lazy and don’t want to do the due diligence then it is the way to go.

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

I just took an interest only loan for 3 years with CBA for 5.94% with $300 yearly fees.

Not much different comparing too your ANZ

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

Maximus,

I had similar problem. In this situation I just close the internet browser and restart again that will speed up the search. don’t know why but it work

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

I think fix the interest rate, say 5 yrs is the way to go.

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

Cremin,

I believe am on my way to successful investing. Currently owned 5 IPs and currently looking for more.

I only buy property that does not need reno ie. buy it and rented out instantly.

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

why not try using http://www.homepriceguide.com.au to guide you where you want to buy in Brisbane

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

I sold my shares and managed fund in 2000 and investing in property since, how lucky I was

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

Ask Steve, he should be able to help

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

here and now

Kind regards

Chandara
[Keep going, you’re nearly reach the end of financial freedom]

Amitash,

Another wrap in the area from Ipswich to Toowoomba, Queensland, Australia, but will consider other places in Queensland. (e.g. Brisbane or perhaps the Sunshine Coast
http://www.fairgohomes.com.au

Kind regards

Chandara
[Keep going Chandara, you’re nearly reach the end of financial freedom …]

Wannabe,

You ask this question a couple of time, may be I have ago at it.

If you think you can support your next investment propery and live comfortably why should you sale you first one.

I believe in building wealth through IPs is base on buy and hold for long term.

You only sell when there is an opportunity cost, which mean there are a…[Read more]

If I have $130k here what I will with this money:

1. Buy IPs (x2) with 10 deposit ie. total of $30k
2. $30k invest in Managed Fund
3. $70k invest in Shares, hedge your share (insurance) and wrie a cover call with the premium to service the 2 IPs.

I went to Logan City in March’03 and bought townhouse and unit theire. The price is going crazy right now. A friend of mine just come back yesterday, he said there are not much property available.

I went to Beenleigh in June’03 and bought townhouse their. The price is going crazy as well. When one of my purchase contract fall over due to…[Read more]

Elysium-M,
I’m respected your view point, but isn’t it this world is all about? Anyway, good luck with your investing.

Question:

Quoted from kooringal:

Hi Comdom, this is our ‘old’ ppor, we have a new one, the six year rule won’t apply to us – we can rent out our ppor for up to 6 years and still sell capital gains tax free – AS LONG AS WE ARE…[Read more]

Kooringal,

Just one month ago we have moved from our PPOR and rented a couple suburb away. Therefore, we turn our PPOR into an IP. The tax dept also asked us to get a professional valuation to value the property for base value due to cap gained in the past. I am very happy with the price that I got from the professional valuer.

Here is how I did…[Read more]

Willi,

I am written down my goals on the excel spreadsheet and update it every month depending on the circumstance arrive. Print it out and share it with someone close to you, discuss about it and make it realistic.

Everyday, doing somethings to achieve this goals. Ie. if I want 7 IPs in seven years then I plan it out like buy one every year.…[Read more]