For me I prefer resi property investing. But that's my personal opinion, and I'm more comfortable and knowledgeable with it.I'd suggest learning about commercial property before you jump into it

hey Anthony B,Thanks for the tip. I guess sometimes property investors in Australia seem to get confused or overlook the fact of certain tax advantages and strategies they have with their overseas properties.

Freckle, I recently read that the Chinese have already poured millions of investing dollars into Australia, prefering to invest here than China. I agree with you and I think that it is set to continue over the next year

I was speaking to a mate of mine who is an experienced property investor. He suggested to invest in Gosford, and he's got a number of properties there.For me personally, I'm sticking with researching and investing in Sydney's West. This area seemed to have good growth in 2011.

fWord wrote:

Von Krumm wrote:
This is what has me worried. With all the bears in the market at the moment I am not sure what to start investing in?I have finally finished uni and got a decent salary but not sure if I should go back and get  an Economics degree just to decipher all the information in the current volatile cli…[Read more]

yeah i would personally use term deposits myself to hold onto the money.. i'm actually doing that right now myself

since you said you had a low income, if I was in your position, I woudl prefer to get positive cash flow properties to increase your income – and hence your ability to invest in even more properties later on – but that's just my personal opinion

Hey Nigel, interesting insights there."around 80% of retirees or around 20% of the projected population will be living on under $12,000 per year." – yikes that's scary and SO LOW! you wouldn't be able to live off that, especially with the high prices in Australia

yeah i reckon that some of them would be the same price or similar to regular sellers, although I tihnk that generally there is a trend for many of them to want to sell quickly..I also saw NMDdata and was curious about it. Anyone used it before? Reviews?

i think it helps to be contrarian. A lot of the richest people in the world became that way because they thought differently from the herd.That's why it's good to take responsibility for your decisions and actions, and to test your own assumptions

i'd prefer to invest in blacktown than st marys. Although this is just a general suggestion. It's best if you check out the places there too

“If you can't, you must. If you must, you can.” – Tony RobbinsSometimes I like reading the more motivational books to put some positivity into my mind.

Apart from partnering with a company that works on the ground in the USA, I would suggest that you yourself check out the properties yourself too (if you can) for added due diligence, especially for the first couple for US propertiesThis helps to minimise risk and build you conffidence

I'd recommend Steve's books, also Kyosaki's, as well as Margaret Lomas' books.Steve and Lomas are more geared for the Australian investor.Also check out this list of suggested investing resources which I recently came across.

Ohh i really like the Richest Man in Babylon too! Especially the idea of "paying yourself first".I also came across this list of some recommended investing books, which might help you also. All the best.

PositiveMini wrote:
Hi Thommo, We recently purchased in the Hunter Valley region, in Maitland. The vacancy rate is very low, properties are very solid and sound and there is a lot of government spend in the area in terms of new infrastructure. The town is well equipped with plenty of big name brand stores, hospitals and schools and good…[Read more]

i tried to click your link but it didn't work.or those who want to check out that site. type this in your internet browser – http://www.millarslist.comhope that helps

i used to put money aside in managed funds, but I really disliked the management fees!!! yuck. It can be so high.In my personal opinion, I would suggest to put money in Index funds or ETFs instead as the management fees are much lower – that's what I would do

ahh they're all US cities.unfortunately, i haven't invested yet in the US..interesting list though, especially the reasons why TheStreet reckons they'll predictably do well for 2012

From your options, I would do this: Focus on further cash-flow positive opportunities by myself within $100k-$200k in rural areas.My goal is Cf+. As mentioned above, it depends on your personal goals