[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

May 25, 2016 - 10:25 pm

Yeah NewGuy, im pretty cautious mate. In terms of depreciation, everything in the home is over 5 years old so would there still be depreciation available?

She still works full time :D

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

May 25, 2016 - 10:18 pm

Yeah DT was my first port of call in Adelaide, he was the one that gave me the RP Data sheep for the property. Thanks for the offer Richard, ill deffs shoot you a message.

As i understand the next step is to talk to the bank and organize an OI change if at all possible. Its with a small credit union here is SA so i don’t know how lucky we will be, but heres trying.

Ill get back to you when i know the answers.

Thanks Lads

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

November 30, 2015 - 11:07 pm

Thanks mate.

Anyone got a copy of the article i can read?

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

October 18, 2015 - 8:33 pm

We get Sexpo and cheesfest, what more do you want.

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

October 17, 2015 - 1:38 pm

@corey Its like they have a chip on their shoulder.

I prefer drivers cos they seem to be in it for the long run, which suits property investing.

• This reply was modified 8 years, 6 months ago by  Liam.

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

October 9, 2015 - 10:04 pm

Just a bunch of mugs in that group. :-)

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

October 8, 2015 - 3:02 pm

I’m not very smart so I’ll let the others explain it better.

It’s all about buying places that have the ability to make you money as lump sum cash gains. Wether this is a Reno property or something that is undervalued or it perhaps has anther problem you can rectify. Re read the sections about identifying problems to create solutions. That is where you make the gains that increase your cash and allow you to reinvest on other properties.

Improving the quality of a property gives you equity. Equity allows you to keep buying

xo

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

October 3, 2015 - 9:57 am

Wealth of information you guys are :D

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

October 1, 2015 - 9:07 am

Does this mean for first time buyers like me, purchasing investments as PPOR and using these new benefits is becoming more relevant. If i bought a place for 200k and moved in for 6 months, renovated, then sold and repeated, i could take advantage of lower interest rates and slashed CGT?

Taking into consideration id have to move house every 6 months, could you do this (with due diligence) and create enough wealth to purchase properties outright or at least with a better LTV?

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

September 28, 2015 - 7:59 pm

Thanks for the re-assuring words guys. Its just very odd to see the people you surround yourself with being so content with everyday life. Mortgage repayments, car loans, job advancement etc etc and they complain about how tough it is without lifting a finger to change anything.

My mothers partner is a business director for a school in Adelaide and an ex-accountant. He is the worst of them all. Telling me over extend myself on my first purchase and move back home so rent not as high.

I find everything about property investing so fascinating and for others to poo poo it so fast is infuriating.

Sigh

You will be seeing a fair bit more of me around the place i reckon.

Cheers again guys

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

September 28, 2015 - 5:01 pm

Cheers for posting these examples guys. Its great to get an insight into what to look for and where.

:D

[LiamParticipant@lblandenJoin Date: 2015Post Count: 17]

September 17, 2015 - 9:14 pm

Thanks a ton for the advice lads.
To be honest i have not even got my deposit ready yet but im just trying to implement my learning to real life properties. As i have read, looking on the net is an inefficient way to find IPs but its the only resource available. I didnt know about the problems with semi detached and also was unaware it was an ex housing trust.

Brilliant mates :D