I live in Ipswich, and yes it has a bad name. But therein lies the profits. I like it when everyone bags out a place. Ipswich is approx 40km SW of Brisbane, on a train line. The notrh bank of the river is being developed, a 4 star hotel is being build in the city, and among other things, Brisbane can really only expand outward towards…[Read more]

Firstly, good one for starting now at 21. Wish I had.

While I don’t have all the answers for specifics, my only real advice would be to start now and don’t procrastinate. As you’ve stated you have found a few possibilities. Pick one and go for it.

Don’t worry too much yet about mistakes. Truth be told the more mistakes made the more…[Read more]

K&R

You can dream, so dream out loud. – Bono (Acrobat)

Indian voice:
“Hello, am I speaking to the account holder for this phone? Yes? Your number had been picked and you’ve won a new mobile phone + accessories pack and a CD player.”

Me:
cool

“Now just give us all your personal details, work numbers, income levels, leg length, number of…[Read more]

We had a similar situation to dazzling. We bought our recent IP and rented it through the same agency because the selling agent told us we could have 2 months free management if we go through them (the rental team apparently don’t like him doing this). Well, you get nothing for free and it’s what we got…NOTHING. No calls, no updates…[Read more]

Cheers.

K&R

You can dream, so dream out loud. – Bono (Acrobat)

I have a VISA debit card from CUA and I didn’t have to go through ANY of the usual checking that goes with applying for a credit card. The only requirement is that their records show that my paycheck went into the bank account that the card is linked to.

K&R

You can dream, so dream out loud. – Bono (Acrobat)

you have given us something to think about. We just bought the buyer beware programme and we are going to Steve’s seminar in May to learn more. (we can’t wait) []

Cheers

K&R

You can dream, so dream out loud. – Bono (Acrobat)

we are going to look into it, but we need to renovate our PPOR first before renting.

Cheers

K&R

You can dream, so dream out loud. – Bono (Acrobat)

Wow, some very good points there – thanks. Our unit in cairns in rented at under market value till July/August plus some minor additions should also help bring that closer to being covered (I think at the moment we are approx $80 – $100 short per week there). As far as the other goes, we had a lot of issues (some not necessarily to…[Read more]

We made a mistake buying the 2 IPs cause they are both negative gearing and were bought out of emotion. We really want to try to focus on postive cashflow properties.

K&R

You can dream, so dream out loud. – Bono (Acrobat)

Get it right this time, eh? lol, just kidding mate.

Ipswich, QLD here.

K&R

The only thing that limits us…is a limiting belief.

Q:
What if you fell asleep and dreamt, and in that dream you went to Heaven, and there you walked through a beautiful garden and picked a flower. What if when you woke up you still had that flower in your hand? What then?

K&R

The only thing that limits…[Read more]

BTW, we are in QLD. And thanks crj for your reply.

diclem, yeah no probs. We’re all out here to help.

K&R

The only thing that limits us…is a limiting belief.

For what it’s worth (not much to you guys but then again in the right circumstances you’d think I was an angel. Hope you never need me) I think wrapping fails the “can I look at myself in the mirror” test.

Ignorant words written by ignorant people attacking what they don’t fully understand.

If a person who can’t…[Read more]

We live out near collingwood park way and it’s not the bad area that a lot of people perceive it to be. We agree with alfamick, it’s definately changing for the better. It’s only 1/2 hour to Brisbane city and we’ve lived here for over 2 years now and have had no problems.

But everyone has a different perception.

Karl and Rita

The only…[Read more]

The colour co-ordination was PURELY COINCIDENTAL lol. I have no worries about Rita, she’s as enthusiastic as I am about property investing.

Karl and Rita

The only thing that limits us…is a limiting belief.

Glad you said it. I was going to keep writing about fear/limitations etc, but I had to rein myself in as I usually go on about these things to the point of boring people. I also had gardening to do lol, now it’s too hot so I’m back here.

Karl

The only thing that limits us…is a limiting belief.

Also the problem with so many people these days is they go LOOKING for their mate. If they just relaxed, enjoyed themselves and let others see them as their natural selves, that is more likely to attract the right person than to be on the prowl all the time. The type of person you think is right for you, more often…[Read more]

Why don’t young people have any idea of even the most basic of financial fundamentals of budgeting and living within your means…

I’m dumbfounded,

As Robert Kiyosaki says, it’s a lack of financial education. Schools should be (or are starting to) teach it.

Personally, my wife and I have decided it’s up…[Read more]

Before I got into RE investing I went to a Neil Jenman seminar in Brisbane. He was talking about Real Estate agents at the time with attacks on auctions. He even gave everyone at the seminar a free showbag with his latest book (at the…[Read more]

Just bought and downloaded the program (too impatient to wait for the mail[thumbsupanim]). Looks to be a very popular program.

Well done.

Karl.

The only thing that limits us…is a limiting belief.

Do you have a number for Ipswich rentals and sales as we cannot seem to find them is that there name?

Cheers

Karl and Rita

The only thing that limits us…is a limiting belief.

Thanks for your info, now we know where to start. Much appreciated

Cheers

Karl and Rita

The only thing that limits us…is a limiting belief.

We are from Ipswich, 40 mins SW of Brisbane. We have our PPoR and 1 IP here and an IP unit in Cairns.

and DAMN it’s hot.

Karl and Rita

The only thing that limits us…is a limiting belief.

Why is it that two people who are supposed to be in love have to go to a Government Department and fill out a form and pay a fee (marriage licence) so they can tell each other they want to be together forever?

I have issues about this. I would rather just the ceremony…[Read more]

Congrats to all…it’s great to see marriage kicking strong in a time where morals are not at their highest.

Rita and I just made the three month mark on the 8th. Been together 3 years now and survived a very rocky 18 months or so. But it just gets better the more you work at it.

The only thing that limits us…is a limiting belief.

Thanks guys you have been most helpful as we are only new at this and have only started to feel confident with what we are doing.

Cheers

Karl and Rita

The only thing that limits us…is a limiting belief.

We used Walker Pender, located in the Ipswich City Square (Level 2, above Gaye’s hairdresser). We are happy with their services.

As far as PM’s go, we are yet to find a good one in Ippy. Let us know if you find a good one.

Good luck,

Karl and Rita

The only thing that limits us…is a limiting belief.

Thanks for all your replies. By the way Mortgage Advisor, I made a mistake – we have not been refunded for the application fees they’ve charged.

We also have another drama with ING.

They have incorrectly debited the repayments from the wrong account for our recent purchase (10/12/2004). We are trying to solve this matter at present by…[Read more]

Thanks for your reply, yes the property is in Qld and it doesnt seem to be a high vacancy rate as the agent keeps telling me that the properties are renting left right and centre.

We have just dropped the rent down by $10 and there is nothing needed to be done on the property, its neat, tidy and ready to be moved into. We have signed…[Read more]

you just reminded me. We had the same deal with the application fee and valuation fee. Because we were already customers they said no application fee, then the loan contract came and it had the fee on it. They refunded it after a few choice words, along with the valuation fee.

Karl

The only thing that limits us…is a limiting belief.

The first one we did ourselves, as in no solicitor, broker – nothing. We applied for the loan ourselves and since it was my dad who was the vendor, we just did a title transfer, etc. Rita’s sister does settlments so she did ours for us.

The second one we went through The Law Office, and the third with a local group. Also used a…[Read more]

Merry Christmas,

Ian [angry2]

I was, and the pay rate stays the same. Welcome to the Treasury Casino – Ever Surprising.

The only thing that limits us…is a limiting belief.

Helps us out with our plans.

K&R

The only thing that limits us…is a limiting belief.

2. yes but depends on time frame

interesting if cryptic answers. Can you elaborate on this pls?

The only thing that limits us…is a limiting belief.

finance and property? i can help you!

lol brahms, can’t believe you hate guitar, scuba – well, not for everyone i guess, but poetry you just gotta love.

Anyway, Rita and I are actually just now organising to talk to a…[Read more]

It looks like a scam to me. If I found 30k worth of pest damage I would be asking for a 30k reduction.

For me, this would be the loudest signal telling me it’s a scam. The most obvious. Knock the purchaser back without any remorse, you’ll find an honest buyer.

Karl and Rita.

The only thing that limits us…is a limiting belief.

These are the books I’ve read, and they’ve helped me a lot. I’ll put them in order of MY preference, buy everyone get something different from them.

1. Caught between two worlds – Scott Russell Hill
2. The Celestine Prophecy – James Redfield
3. Way of the Peaceful Warrior – Dan Millman
4. The Magic of Thinking Big – David Schwartz
5.…[Read more]

I’ve had a lot of problems in the past with virus’ and spyware/adware etc and now have gotten rid of it all (although ad/spy ware does keep trying to come back).

the programs I use are

1. Spybot Search and Destroy.
2. Ad-Aware
3. Spyware Blaster

Spyware Blaster runs silently in the background and stops ad/spy ware without you…[Read more]

It was done by our lender.[biggrin]

K&R

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

It’s the “investing it sensibly” part that buggers me lol.

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Yes the present value is $93K, but we have an independant valuation stating a value of $125K. I believe we would have to refinance to access this equity, yes?

K&R

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Add 2% to the interest rate, or to the final result?

thanks

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

K&R

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Does the $26k become part of the investment loan or is it still part of the PPOR loan. What effect does it take as far as tax goes.

Thanks

Karl and Rita

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt