hi reandebris and others,
share your questions and experience and we'll be happy to talk to you

why not start with investing in Australia first, and build your skills here, then branch out internationally but only after you've mastered investing in australia

Belinda,
Since you're looking for a mentor, I thought I'd direct you to this article about how to find a mentor.

4 questions you need to ask of a prospective mentor are:

1.Do they have the type of skills that you are seeking?
2.Do they have the industry or other relevant experience that is useful to you?
3.Do they have referees who are willing…[Read more]

so i guess they used them for capital gains or flips? negative geared investing tend to be really good for those who already have high incomes. Did they have high paying income jobs already?

I'd also be a busy unemployed millionaire.

Of course I'd never have to work for anyone again. So I'd fill up my time with more recreational activities, such as jogging and cycling.

I may also start up some business ventures but related to industries that I'm passionate about.

which suburb is it? If you live very far, there's always the option of trying to renovate it DIY style as much as you can

Joel0430 wrote:
Hi All, I'm in a position (finally) to start my property investing journey. I was wondering what's the best way to narrow down a location to start looking? Can anyone suggest some resources or articles that might help? I realise that asking "where is the best place to invest?" is a dumb question, I'm just looking for information…[Read more]

i also like the look and feel. It is simple to use.
One problem is the issue of loading issues – sometimes the fact that the "What is Happening Now" always dynamically updates, it slows down my computer and creates some errors

duckster wrote:
Can we pass on the increased costs to the end user being the tenant ?

(with no explanation as we are not allowed to say due to carbon tax rather due to the suppliers of services used to provide accommodation have increased charges to the Landlord which have to be passed on to the end user)

My rates last year went from $400 up…[Read more]

Yes, I'd be wary too about the significant costs about selling your IP and PPOR, and then the buying costs to get a new PPOR. You should really think about whether it's worth upgrading your PPOR and consider your goals.

You may find that the return is not worth it, especially since you'll give up your IP

dual occupancy is a great way to increase your income. I prefr to invest in properties that already have the dual occupancy features – as renovating the home yourself usually takes too much work and costs for me personally

indicators of exit could include the life of the mine as well as economic factors and demand for the mining materials and health of the mining company

i guess with these reports, you still have to go out here and actually find properties first… only after you've found good properties, then i guess the reports would be useful

hey nooob. there are some research companies in OZ that help you invest in positive cash flow properties, but they are not agents and they don't get a commission, just a flat charge.. i'll PM you the one I use

yeah, I think we still need to know some more info before giving you some ideas to help you – especially whether you plan to turn your first as an investment property too, and what your personal needs are for your own home

what do you mean by "property investment planner"?What sort of planning help do you need?

i would strongly suggest to actually contact the state goverment. Their contact details would be on the state gov't webpage.. they're very helpful with questions about the first home owners benefits

there's different kinds of vendor finance…I've seen alot of deposit finance deals, however, very few vendors will vendor finance the entire price of the property – and if they do, they charge a high interest rate

so pjmedlock, how'd it go with the borrowing and buying situation?

It definitely seems like someone really does need to step in and take action. I'm not too familiar with Obama but have been informed by some of my American chatmates that it's a bit tedious having to deal with Obama's programs.