Originally posted by zen1:
I have a question that I can’t get an answer so far.
How is the affordability level in Perth? Is it historically at a very high level or still have a bit to go?
I quess China can go bust but can also pick up. I feel the prices have gone stupid but that could be because I am not used to it. But then again probably it has…[Read more]

Originally posted by as41:
I understand your frustration. TOTALLY. Husband and I spend out 2’s drinking and partying (never thoughtou about investing until 2 years ago). Now we are early 30’s and I am the main income earner. My husband is on a very average wage and we would like to have kids. I am havng anxiety issues with wanting to have achild…[Read more]

Originally posted by audrey123:
Hey,

Dont hate now, but my fiancee is actually a lender for a big bank, and their valuers always go inside the property.
But that doesnt always help, i recently did exactly what you did, reno on my property, got the valuer round so i would have more finance, but she valued it only 20k more! And thats after…[Read more]

sounds great;
what I want to know is how many properties this person has, how much debt they have and how much rent is coming in, how long it took before they started taking more in than goes out and how much of a surplus there was at the time of writing.
Cheers,
Marc

Originally posted by gal_rabbit:
Hi, I’ve just joined Property Investing and am keen to get out and start buying property. However, I don’t really know where to start. I purchased my first home (principal residence) over 12 months ago and keep hearing about equity to purchase other investment properties. Could someone please explain (in…[Read more]

Originally posted by Hotshot69:
Does anyone have any positive or negative experiences about teh Investors Club?

Hi Hotshot69,
I too have read the Neil Jenman articles re investor clubs. Unfortunately too many of these clubs have a hidden agenda which is a developer/agent team looking to flog properties to their ‘friends’ in the club. It’s…[Read more]

Originally posted by cathy_morrison:
My husband and I are just starting off in property investing and are very keen to purchase our first investment property. We are looking at investing in the eastern states as prices are very high in WA and rent very low. Apart from searching the net for property, can anyone give some advice as to how to go…[Read more]

Originally posted by peterhutchy:
TextText I’m 24 and just completed my university studies finally obtaining my Bachelor of Business (Accounting major).

I’m from Burekup WA (Just outside of Bunbury).

My question is as per the subject line “is the great Australian Dream finally dead for and a large part of my generation”

I just read a report…[Read more]

Originally posted by arrowsmith:
I am renting. My partner & I have good incomes & no dependents and I am 30 years old.

We have a very good combined disposable income. We are just starting to build savings after a long trip overseas.

Our rent is cheap (1/7 of our income) but the place is very old and run down. At this stage the only incentive to…[Read more]

Originally posted by DLPP:
In Melbourne Rental is about 3% in a lot of nice areas, so you are getting somewhere cheap to live.

hi life x (or anyone else in melbourne) – genunie question –what type of areas (suburbs) i am trying to learn about the melbourne market – homes that are realistic drive to cbd – would you rent in if you were in had…[Read more]

Thanks Guys for those answers. I have learned another new thing!
Cheers,
Marc

Originally posted by vyaw2003:
Hello,
I have had a block of land for sale for over a year now, it is with a few agents, and they dont seems to be doing anything to sell it. Any ideas on selling, i have advertised it in a few different papers and no luck.
Any ideas, or how how do i gee up my agencies to hurry up and sell it?

Hi vyaw2003,
Without…[Read more]

Originally posted by freeman cooper:
Hi Guys,

Alright, I’ll be a smart ass again if thats ok.

Maybe we should pay these scientists stupid amounts of money to explore their theory.

I studied a bit of science and found that it seems to be the way these guys feed themselves. They come up with a theory, sensationalise it, get themselves in the…[Read more]

Originally posted by Dr.X:
I did some courses at the REI in SA to get an agent’s license (need it for property management) one of the things they mentioned at one of the sales training courses is to always insist on a 10% deposit from the purchaser (although it is not written anywhere in the legislation).

The rationale behind it was that it is…[Read more]

Originally posted by dare_to_dream:
Hi guys,

Foundation you seem to be very ridiculing of Simon quite unnecessary. He is simply giving him his opinion based on his personal experience. And in an unpredictable market the only thing you can do is base your opinions or your experience and previous history.

If you have a different opinion than you…[Read more]

To foundation;
one factor that never gets mentioned in the ‘where to invest’ argument is the fact that you can buy a property with vitually no (or little) money down.
Term Deposits you can’t do that. Shares you can’t do that. Managed Funds you can’t do that.
And the thing I love about property is you wake up in the morning and it’s still there -…[Read more]

Hi All,
On accountants;
Unfortunately, these days timed and charged phone calls is becoming the norm. I have a great accountant, but I have made it my business to get educated on the tax laws for property investing (as boring as it is) so I can converse with him on his level. It helps that he is a property owner as well. This makes our…[Read more]

Be a U.S congressman. 2.5 days per week, no work actually done, earn $165k per year. That’s fairly passive.
Marc in L.A

Hi Dee Dee,
I am an investor in Melb and have been ‘in the game’ for about 6 years. I am not a financial advisor trawling the property websites looking for business.
I have made some good and bad decisions and am always learning, but it helps to have a like-minded team around you.
About 2 years ago my wife and I joined the DESTINY FINANCE team…[Read more]

Hi Guys,
I am new to the forum and love it. I have been investing in property for 5 years now. It’s great, but as you all know it can be challenging at times too.
All this talk of where to invest is excellent. The more dicussion there is the better we are informed.
My view is that I don’t think that now is a great time to look at shares if you are…[Read more]