elves []

Yes, grooming is getting the mullet trimmed, but lifestyle for me is two things- cafes, restaurants and culture… plus, elves, because of my sexuality, i prefer not to live in a completely homophobic suburb- been there, done that, and it isn´t fun.

The way I figure it, to buy the kind of place I might like to live in sydney, it is…[Read more]

No rolf, wraps are not essential in building zour portfolio. The MAP program people (a dozen people mentored bz Steve) have made their money without doing one wrap- and all of their properties are positive cashflow. Others of us have issues with the ethics of wraps too, rolf- as always, invest with your conscience.

kay henry

Minimum limit 12k sis? Be careful []

kay henry

A different perspective:

http://jenman.com.au/NewsArticles1.php?id=75

kay henry

Just,

I bought my last two properties sight unseen. One from the net, but in an area I know extremely well, and the second because I had seen one of these properties advertised on the net, fell in love with it, and made some phone calls to see if another one was coming up soon.

I did a BPR on the second one, but not on the first. I don´t regret…[Read more]

Ya never know- the orbital might make mt druitt the new paddington, right Pisces? []

Whilst property prices have increased all over sydney, the demographic remains the same. Last thing you wanna do is have your property trashed repeatedly by tenants, particularly when that property costs you $300k plus.

Rickster, orbital or no orbital, my hit…[Read more]

Yack said:

`Why start with a house at $880k in Malvern, why not start in Oakleigh at $350k. Buy an investment property, then work towards the $800k Malvern place. It may take 5-10 yrs but at least you are not renting.´

Yack, as rzanmel said, it´s all about lifestyle… I live in the centre of the city, walk 15 minutes to work each day, and I…[Read more]

`Work for the dull` schemes? I am assuming (hoping) that was a typo…

I know many people who live in small towns- very small, less than 500 people. There are the usual problems for them- no doctors, no banks, and sometimes even the only shop in town closes- itäs a hard life for tenants, and I think some of them have to leave because the…[Read more]

JAC,

…

kay henry

Thanks guys! And my, you´re up early! Only 9.20pm here and awaiting for the lass to return from a meeting to take me out

As to the boxes… yes, paying rates would be a bummer. Perhaps you could just pick it up and take it home of a night []

I reckon once one starts seeking a $10 return per week on an investment, it´s a bit sad.

The boxes h…[Read more]

Will I bring her back with me in a postpak? [:X]

By the way, I haven´t made a move without her re RE this past year… she´s my calculator!

Rugby, tomorrow she and I are going skiing. We´re at different levels though- her favourite event at the sports school she attended was slalom [?] whereas I´m hoping to not capsize on the toboggan. Her…[Read more]

Noah,

There´s a good list of questions to ask your PM in Anita Bell´s book `How to Pay Off Your IP in 5 years´.

kay henry

Roo,

From that link, he seems to be your average ´change your life´ dude. But given that the first seminar is a free 2 hour thing- why not?

I always think of these seminars as like diet formulas… when really, we know the way to lose weight is to eat less or eat healthier food, and exercise…

I bet these seminar leaders get a lot richer t…[Read more]

Scarecrow, I agree! But it would be different if one was working and living in Ipswich- then one could get off the rental mill. But if one lives and works in sydney… it is very difficult to get off the rental mill []

Anyone wanna sell me a cheap PPOR?? []

kay henry

RedStar,

Who can afford holiday houses anymore? Richmond has one, but he rents it out.

Where is Richmond anzway?? []

kay henry

Props,

Instead of pazing $300 rent, I´d rent in wollongong and commute- rents are much cheaper in wollongong. I´d even live in engadine … groan… $300 a week is such dead money- how could you save for a deposit?

kay henry

Leswon,

I think the trend of pozz cashflow houses has meant that people refuse to get less than 10% rent for houses. Also the RE boom has meant that zields are so low, people have to up rents to justifz the investment.

As for me, I am a renter. The last place I lived in… the rent was only raised $10 in the eight years I was living there, and…[Read more]

`Gorgeous White Female`comes with the house?

kay henry

alf,

I agree. I wince at those kind of posts too. Remember though, there´s all kinds of people involved in property investing- not all of us feed off other people´s ´pain´.

kay henry

I remember working on the south coast of new south wales, and hearing about the manz people who bought down there as a cheaper alternative to living in sydney (this was before the RE boom). Problem was, there was not the infrastructure to support people. All the doctors didn´t bulk-bill (a monopoly agreement) and there was barely a corner store,…[Read more]