so this where all the single men are……interesting

Maybe you guys should go out a bit more!u know..play the field!

Hi,

I bought off the plan about 3 years ago, just before the property boom. I have certainly made quite a handful, but it has been very stressful.

It took the company 2.5 years to build. (I was told that it was going to take only a year -I was stupid to believe that…..my first property). As they kept to saying that the apartment was going to…[Read more]

Congratulations.

Getting any sleep ? []

Hi Bill,

Same here…you know my email address. []

thanks a million!

kavita

I am sorry to say this..but my mother does the same. (She hasn’t reduced rent…..cus I manage her properties). No amount of screaming, yelling or logic can deter her from trying to achieve neg gearing.Even though it would be nice for her to have some extra income during her retirement!

I thought landlords only had to “repair” items, not install new fixtures (unless it was a safety issue).

Maybe you could ask for more rent on the basis that the quality of the property had increased after all these alterations[] It may shut them up

Mr Arty[],

I am an Indo Fijian hence that fact that I have never been to India.

Been to Singapore though …great food and people![]

Hi aussierogue,

Yes Kavita is a real name…i think its means poetry. Its an Indian name.it seems to be a very popular name in India. ( Never been there but a lot of Indian seem to be familiar with it)

Regards

Kavita

go to Tassi and while you are there look for other properties….you might find a better one![8D]

I like Zoe and Violet (over Indigo)

Kavita[]

Hi

I am 25..bought my first IP at 22 ( actually 2 days before I turned 23!). Looking for more – probs next yr.

Started working while at uni…not a good thing for me…cus I screwed my edu pretty well…. However i am straighting things out…

Hi Arty

have you thought of purchasing a PPOR and then leasing it out briefly…so you can claim (thru ato)cost of purchase..and then concentrate on purchasing an IP?

Have a think about it

Hi

I am currently working as a Finance Officer for an international organisation. Its an dead end job ( i need to stay in ACT)and today we had 4 employees resign. Its not a fun environment to work in at the moment. Need to find another job, but its very time consuming and I also have to paint my apartment ( i have started on it so I have to…[Read more]

Hi Melanie,

Does it make any difference if you live in the property first ( just after completion)?

Those are whole heap of taxes that didn’t know could apply

Depends on your risk etc… support from family. I don’t think its too late. You do have another 10 years or so left before retirement!!!. Also time is another important factor (ie do you have enough personal time to invest in maintaining an IP)

I think you should go for it! (But keep a safety net).

Hi

I would personally try and save for a house/property to live in. Are you paying rent currently? If you are it would be worth buying your own property…then using the equity to buy an IP. Also I believe it will be better for you to wait and observe the market … it will change.

Get your parents to visit a financial adviser or an accountant.…[Read more]

I am in boring finance ( actually I really enjoy it)

Comedian….and IPs that would be interesting. I have been in ACT for last 11 yrs. Before that I was in NZ for a couple of year ( its good to buy Ips there too)

And i am currently using work time for some “private” reseaching. This place is addictive

Hi Sach,

I actually reside in Canberra …its a great city to live in.

And yourself?

What did you mean by Lighting Ridge? there is a place called lighting ridge…i know about ridgeway in NSW

Caddy222 which government do you wrk for? The Cth? cus everyone i know who works for fed gov are on the internet night and day. Its quite sad actually.good to know some people actually work during business hrs ). enjoy

I work in finance. My father did a lot of property investing in ‘his’ days…. so
I know that one can make quite a bit from IPs

Hi,

Canberra is a very hard place to find good positive cashflow IPs. Actually its impossible. Our family has 4IPs in canberra but currently they are all negatively geared. The return is not bad and tenants here are better than other areas in Australia.

I would however wait a little while longer before buying anything here ….. esp. in regard…[Read more]