Originally posted by MiniMogul:
How do you service a 2.1 million portfolio without being positively geared? what’s your safety net if neutrally geared? Is it really your property, or is it your parents’?

If it is positively geared then you not only can services 2.1 million but you can services billion or unlimitted amount of property.

If it is…[Read more]

Redwing,

My first IP bought in Sept 2000. It is a 3 br all with built-ins, Single LUG, reasonable size of land in a quiet suburb.
I bought it for $230k and rented at $235pw.

Now it’s worth $410k-$430k, but renting at $220pw at the moment. I want to sale it, but at the same time I want to knock it down and build my dream home. I still haven’t…[Read more]

Originally posted by melbear:
Hey muppet, we should petition the admin to take one number off for each post that Chan$ makes – he’ll be back to zero in about 2 weeks the way he has been going.

Cheers
Mel

Agreed…ROFLMAO

[drummer][strum]
[guitar][whip]
[juggle]

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

PoorDad = Chan$ = ChanDollars?

[drummer][strum]
[guitar][whip]
[whip]

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

PoorDad = Chan$ = ChanDollars?

[drummer][strum]
[guitar][whip]
[juggle]

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

I really enjoyed it and I hope when I am 54 years old I don’t have that problem….LOL

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Should we discussing property investing here? oh this is opinionated forum, sorry!

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Thanks James, much appreciated!

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Best way to research for town info is to use http://www.google.com.au search engine and type in the suburb name.

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

James,

Will you able to tell me more about Ed Burton? Like what sort of investing and concept he uses? +ve/-ve/neutral Cash flow property? AND so for…

Thanks in Advance.

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

I think it is best to get a depreciation schedule done by the one you choose so that you can get a higher depreciation than the one the vendor give you.

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Originally posted by BEAR1964:
Damn this looks great, I have a seminar here in Adelaide to attend otherwise I would do my best to attend.

Regards Bear

POSITVE CASHFLOW properties and Joint Ventures available!
For the BEST deals register via E-mail RPTrust@hotmail.com
DONT MISS OUT!!!!!

I would love to see you here in Sydney.

I am going on…[Read more]

My lender told me that if I have a retirement village then I can’t use it equity as a security to purchase other property. The only way to get the equity is to sale it.

I still don’t believe them, but I don’t have any retirement village at the moment therefore I can’t say whether it is ok or not.

Kind regards

Chan Dollars
[Retire Young, Retire…[Read more]

Rachel,

There is an advantage of buying properties in different state. First you just got to take a look at the land tax threshold to find out how much it is in each state. Then you buy property up to the threshold limit and move on to the next state.

By doing this you will save money by not paying land tax, but if there are opportunity that you…[Read more]

Originally posted by yack:
<<<<I think this is the first time that Yack, SIS and Chan$ has somethings in commons…lol….quality investment property:>>>>

Now we need to work on Leigh K, Mini Mogul and Pisces. Well there are some battles you cant win.

Nice one Yack, I really enjoyed reading your posted.

Kind regards

Chan Dollars
[Retire…[Read more]

Originally posted by Rubbachook:
I think the least one can do is smile. I lead by example.

At least I got very similar colour to your…LOL

I did smile, but you just can’t see it…LOL

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Originally posted by muppet:
Hi SIS

Come on mate use your moderator powers and delete or eliminate all of Chan$ posts in the forum funnies and then we’ll see what posts he has left.

BUT make sure when you delete them Chan’s posting counter also counts backwards.

Regards

Guest what if you are a programmer then you will know. For the post to…[Read more]

Originally posted by Rubbachook:
Quite an achievement Chan$. You must be proud of how you have touched our lives.

I am! and thank you…LOL

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

I think this is the first time that Yack, SIS and Chan$ has somethings in commons…lol….quality investment property:

Where are they?

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Replied in BLUE
Originally posted by Michelle_G:
Hi,
I’m new to property investing and still learning, so please excuse my question if it is too basic – What is an IRR? I think ‘Internal Rate of Return’

Also, there seems to be an argument going here that it is better to invest in -ve CF properties because they have greater growth than +ve CF…[Read more]