House of Wealth has well known posters who provide great advice on a different investment forum, and those above who recommend them are very active on those other sites.

That's all.

LOL, he may enjoy the free holiday.

Sydney, somewhere near public transport preferably. If it is convenient for me to drop him off I can do that, i'll charge mates rates to do it tho, haha.

I personally always use a solicitor, who charges me about $900 (mate's rates, he usually charges more). However he has on more than 1 occasion, proved himself worth the money.

Also his background as a developer means I receive the occasional gold nuggets of wisdom free of…

First thing first, be sure to read-read-read and go to a lot of inspections. This way when you meet more knowledgeable investors, you can ask questions that will open you up to new possibilities.

Also understanding the lingo (you'll pick it up by reading through past threads on this forum), means you can follow…[Read more]

You will find with a bit of research and time, it is very possible to find positive geared property, however not in a straight forward kind of way.

The truth is, to make any real money in property you have to solve a problem or provide a service.…[Read more]

Perhaps they pay more due to lower interest rates and a perception the property will be 'stuck' in the fund for a long time untouched.

No haven’t seen anything for subdivision there. All the agents say $100k per land base is ok, I don’t think…[Read more]

Picked up a third property in St Marys. Nothing in Bidwill. The exHC properties are selling WAY overpriced at the auctions IMO. Also Bidwill is a little too rough for my liking, esp around Kidd Cl.

Shifting across to small subdivision and construct now, getting a little bored of buy-renovate-rent

Say I completed renovations and also bought the IP undervalue to start.
If it is 100% fixed, is it still possible to revalue and extract equity for a completely new IP purchase?

So I’m looking a fixing 50% of my loans.

Would I be better off making each of them 50/50 variable/fixed.
Or just half the loans 100% variable and leaving the rest variable (with off-set).

Are there any advantages to either or is it just wasted money.

I had the same scenario drop into my lap last month. Same figures, I realised I’d rather use the money to buy 2-3 positive geared properties where the variables were more manageable.

Then again, I ain’t no millionaire :p

I’ve heard of people retiring on $20k per year overseas.

Others like their Armani suits and Christian Louboutin shoes.

Would be great to see a breakdown of numbers and a % profit at the end including all exit costs.

Just sent you an email as well. Would like to learn more about Botany as my employer is doing a lot of work there.

Thanks

Which is why I'm looking for alternatives which work out MUCH cheaper. 1 worked out great, the other one not so much

It somewhat strays from my criteria, as it is far from train stations tho well services by busses. Too big a risk?

I realise Mt Druitt has much larger potential with the train-line, access to highways and bus hub.
Yet I wonder, would Mt Druitt to already be 'over-priced' as such with all the investor activity there?

Sounds too good to be true. Any legal opinions here?

Just add the words free and e-book after the titles in google, should do the trick.

As Jamie mentioned, there's a large thread with quite an extensive recommended reading list. Hope it helps

My colleague and investment advisor TOM RYAN, no joke, happens to be staying at the Western Ambassador this weekend. I told him about the offer, I hope you don’t mind

Central: Close to everything except university. Prices are steady and some flooding along Fitzpatrick…[Read more]

Well to claim back on tax, it means you are making a loss. Your property would have to go up…[Read more]

Is she taxed at the properties true value, and in the future is her daughter taxed at her purchase price of $550k effectively double taxing the family for the value between the two prices?

Hoe would you describe deposit finance, I haven’t heard of it before. How would it work?

Also as the mother has a cleaning business, is it possible to purchase it for $550 and pay say $30k/year for 5 years as a cleaning and property management fee. Would this remove the CGT and allow me to pay her the rest at 30%…[Read more]

PROPERTY BOOKS
All the authors you mentioned above.
Particular books:
0 to 130 Properties in 3.5 years by Steven Mcknight is probably the best start
20 Must Ask Questions for Every Property Investor by Margaret Lomas (my absolute favourite property author, I recommend all her books)
An easier version of the above book to…[Read more]

Loving the new look, much more professional looking, and easier to navigate (before it crashes).

Need to connect electricity to main switchboard, can keep water together and just increase rent to include the water bill., tho I prefer to keep them separate at the extra cost to myself. You will need a licensed electrician with some sort of special extra accreditation to do the job. Make sure you call the electrical company…[Read more]

Click on the persons name eg. where it says b.free2live [41 posts] right above your comment.Takes you to members profile, should then show in bold SEND PRIVATE MESSAGE.If you don't see that, then you have to activate it, and that my friend, I do…[Read more]

I'd say that's any standard run of the mill property. Your aim if possible is more than that. Steve Mcknight says to aim for 10.2%. My…[Read more]

Hey, have the same issue.If it is my drainage and not the boards, and runs directly down the middle of the backyard front to back. Will I…[Read more]