Sorry guys, i didnt realise that people were asked not too place there email up here in this manner. So if you want a copy of the spreadsheet, email me at [email protected].
I will forward it to u as soon as i can.
Thanks to the people that have been forwarding it on, on my behalf.
Any feedback will be greatly appreciated.
Very interesting about the comments made.
I do totally agree with the the fact that it does attract a lower socio-economic group of people. However, it is getting better.
I hope there is still room for capital growth over the next few years. I believe there is, and the reason being the proximity to the Gold Coast and Brisbane. Plus many…[Read more]
The second equation, rather then being $3438 should be $3838. Thought i would just clear that up.
So in the scenario that u didnt have the funds available and say you did have to borrow 100%, would u still consider these deals to be as good, taking into consideration the interest that you can claim on your tax???
Thanks for clarifying that up. I…[Read more]
No probs Mini.
It is in regard to a post that you made on the
2-12-03 in the “$$$ Flow Positive Stories” thread.
1) When you purchased your investment?
2) How much you paid for it?
3) What structure is the investment
buy and hold
4) What is the weekly gross rent
5) What your net Cash Flow is
115 per week minus $11…[Read more]
Thanks for your input and advice in regard to this. U have made a few observations that i have overlooked.
After taking your advice and speaking with others about this property, i have decided not to purchase this property.
I will clarify i few things in regard to the property though:
Floor area is 47 square metres
Ground floor…[Read more]
Hey, I was born in mackay and lived there for the first 18yrs of my life. I have a fair understanding of the area. My parents still live there so i still travel up that way.
Any questions feel free to ask. Email if u like [email protected].
Hey guys, very interesting reading regarding the single room rental situation. I have been using this system in my house since its purchase. I purchased the property for $90k, lived for 12 mths and am currently residing in London. I have a mate in the main bedroom, 2 proffessionals in the spare rooms upstairs, 2 brothers who are students in the…[Read more]
HI Bill, thanks for your advice. Greatly appreciated. However one thing that i am not sure about is what u mean by “the R/E cycle is almost six years old”. I am relatively new to this game, although i have been watching the market for some time. I am gathering that u mean that the current boom within in the real estate industry has been going for…[Read more]
Thanks Bill for your advice so far. I have borrowed against my home again since my initial purchase. I now owe $99000 on the mortgage. I was conservatively estimating that i would have at least $50 000 equity, however in reality the figure is a lot closer to the $80 000 mark.
I have been nutting over things for the last 12 hrs and have decided…[Read more]