Hi Novusprimo,I would recommend going on  http://www.realestate.com.au.Look at houses for lease in the area .A good way to gauge if a property manager is on the ball is to call the agent and pretend that you are looking at leasing a home from them and see how they respond and treat you.Also stagging a home is very important.  Plus is also shows the p…[Read more]

Hi Anster,I have just finished reading his revised book to and it still states the same as you mentioned maybe the whole book should be updated.

hi paullie
good question alot of factors
1) low entry for first home buyers then the young couples have kids and want bigger homes
2) also alot of first home buyers in the area have kids at a young age two wage couple go into one so they sell and move on
plus the biggest factor is divorce and seprarion

why not!!
– high rental demand
– alot of properties to choose from
– one of the fastest growing councils
– different type of homes to cater any one needs

hi andrew
it depends on the area
in weribee and wyndhamvale the areas targeting

for every 100 hundred dropa i wouls usually get a couple of calls.because its a high turn place

hi scott and andrew just as a private buyer
used to work in real estate and this worked well
but there are always plenty of people who want to sell there hol

andrew there will always be vendors.who want drug.money for there.home but there.also people.who want.a.quick sale

thanks terry
good adice thanks

hi richard and xdew
thanks for the comments when i bought my first ip four years ago i saved 30k in one year easy
next house saved 40k and bought the home i live in
i sold the ip and reduced my ppor loan from 270 to 110 in two years
but its a bit harder to save since we moved out.and got.married
know we can start saving hard

so beat to use equity…[Read more]

hi paul
ive been reading on this will talk to you soon about this

Hi Xdrew,You have some very valid points to!!There are so many deals to be made out there but one thing i cant get my head around is the numbers they seem not to add up can i shoot you an example of what i am looking at?

Very interesting times!!! But i believe there is going to be so many opportunities that will present them selves.When prices decrease i think there will be more cash flow properties available. Also there are some goods sites presenting them selves with development oppurtunities. but will seecheers

Hi brmiau ,My wife and i are 27 both from Melbourne and if there is any advice i can give then its this:1) Paying off your home wont make you wealthy but it might make life that bit easier. Allot of people believe that once you have your home paid off you are rich and wealthy. But really even if you have your home paid for if you loose your job or…[Read more]

Thats i what i love about this forum.Its amazing how every one has different views and all in a postive way.thanks all

Thanks every one for the comments

HI BMW..Firstly nice post!!!..What state are you looking in? I know in Melbourne the whole TAXI industry is going through a big reform.If there any changes do you think it might change the value of your investment?

Hi Derek,I agree with you too.I have so many young friends and all they say is this: Life is hard, oh its so expensive we never have any money to invest.They they say next week they bought a new car on a lease, new furniture etc.Every one in this planet has the same chance of being sucessfull but the truth is alot of people would rather admit…[Read more]

 Thats so true!!But like you both said just focus and i will have no problem.Richard your the guru with lending if you have some time can i shoot you a email of some goals i want to try and reach within the next couple of years and see if you can help me structure loans etc?cheers

Hi Terry,That usualy happens to me any tips to remain focused?

Thanks guys.Speak soon its all good from here then.

Thanks for that TerryFinally all the hard yards are starting to pay off.Future looks bright