I've been searching all week for a hotel to buy. It looks like you have been searching for a while to buy one in Bathurst. Well, it seems like it will be extremely difficult to find such properties for sale.

Also, investing in a home can be good; it can also work out well for investors if they decide to invest in an apartment. An investment for apartment is best, if you find a good deal for one located in the middle of the city.

Well, when it comes to investing, I'd figure it would be much better to invest in a house only if the potential home buyer wants to live a little further away from the city. If you want to attract such buyers, it would be a good idea to steer clear from investing in apartments.

There seems to be many ways to make money from obtaining license to build, building a home, and reselling it for mass profit. Does anyone know roughly how much profit could be made from doing the same thing with a condo building?

i wonder if you earn less than the $48k threshold, then the HECS/FEE HELP would still have an impact on borrowing capacity? I suppose not as much since you don't have to pay for it.. yet..

i also don't really fully understand the 1 percent rule, and for me it doesn't seem to take into account all expenses…

however if your property is in another type of legal structure, such as a partnership or trust, then i suppose you can optimise it so that you efectively don't have to pay tax.. i think this could apply?

yeah thats' true….i think it would be best to talk to an accountant about this..they can give an idea about how much of a deduction you can make

i also suggest against a combined loan.. that's a bad idea.. puts you in more risk

i prefer companies that are specialised.. better service i find

couldn't you use a normal landlords insurance poicy???

thanks b2free2live for the great info about toowoomba

whyalla does seem to be an interesting spot… i've mostly found maisonettes and duplexes there though.. many only can be bought by owner occupiers

personally what I don't like about new apartments is the strata fees. it eats up alot of your rental income profits

while you are interstate, i suppose you are planning to rent there, rather than purcahse another PPOR.. your changing circumstances can affect how your previous PPOR will be treated

personally, i haven't found new homes or units that are positively cash flow… i tend to find CF+ for existing homes and units

The ABS should have that info about jobs and unemployment.. but as mentioend before, it might be a little outdated but should be updated soon

what do you mean by you've been living off your credit cards??have you been paying off your loan via your credit card?

i love positively geared property… they put money into your pocket – not take money from it Those are my ideal investments.. i also agree with thinking about it as a business. the name of the game is to make money!

Dean you're going to have to work hard for those 5-7 years in order to achieve financial freedom within that time…i think its possible though… just curious, what's your plan so far?