None of you are answering my questions, most houses return around 5% p/a for their investors, while with a cash positive property you need around 10% return on investment p/a. 5% of 200k is 10k, while 10% of 100k is 10k. both return $200 p/w, I think even a renter would be able to see the difference in a property in the same area the cost two…[Read more]

Soshie, I will make it simple for you. Why would any one pay $200 for something when they can get the same thing for $100,???? Do you understand now???

Flinders, all i can say is that your goal must be to maintain your income which is 45k + 60k= 105k
So to afford to retire you need to be able to produce 105k p/a. You have 900k in assets 550k for house and 350 k for the pay out. The way i see it is that you have a gareenteed income of 105 k p/a and a house that is increasing in value p/a by 10%.…[Read more]

Can some please give me an answer to who out of 5 properties is going to select your property that is 1/2 the value as the other 4 properties. Steve this would be a good one for you to answer, please see first post.

Thanks for the vote of confidence Gus.[]

Hey Andrew,

Looks like this town is growing, but I think I will stay clear for now.

When we buy, it will be our first IP, so we are feeling a little nervous. Perhaps when we have more experience we can look into this again[]

Thanks ! Dot

Hi all,

Thanks for your input.

it looks like “back to the drawing board” for us. After having read through everything on positive IP’s, I think that’s the way to go for us.

Quention, thanks for the formula – I felt too silly to ask how to work it out![]

P.S. What population level would you start looking at for country towns? Even if agents…[Read more]

Remember properties do not have to be close to a city centre to appreciate. Think near railway, runway, fairway, freeway with continuing private and government investment.

You know there are some coastal areas within an hour of a major capital city where the prices would astound you. Think outside the square ….and the east coast for that matter!!

Thanks Scott []

All the Best!

Hilary,

Thanks for the info, but I think we are going to go down a different path to relocatables.

Regards Dot

quote:
Hi, dot.
If you research, there are REALLY REALLY nice pre-fab homes on the market – not cheap,but no dearer than some ‘van park’ relocatables.
Check these -[www.aussiehouses.com.au]and if you look in the Sat Telegraph, there…

[Read more]

The only exspense we pay is public liability, accountant and other profesional help.

Ziz are you going to answer??? Mr hedge are you here???? Remember me i am the one you think is a liar?? Maybe mr hedge will get online after he gets home from work. Hang in their mr hedge only 3 more years untill you can get the pension!

Mr hedge, I dont know why i am telling you this but here goes. I left school at the age of 14 after getting a traineeship with telecom, i completed the traineeship, and was asked by a family friend if i would like to take on a run down caravan park in a management role, with an option to buy the lease in two years time. I took the option and built…[Read more]

Hi Steve,

How about:

How To Go From 0 to 130 Properties in 3 Years
For Dummies..
or

Property Investing? 0-130 Properties in 3 Years!
or

Property Investing? Ready, Set, 0-130 in 3 Years!

That’s my 2 cents worth!

Regards Dot.[]

My company owns one investment property, returning 132k p/a indexed to CPI, I have just refinanced my house and now the company owns the investment property out right for which me and my wife are the sole directors. I plan to pay my house of in the next 3 years, and buy an investmentment property thru the company to take full advantage of tax…[Read more]

Scottie, it doesnt matter if you have a high income or not a tax deduction is a tax deduction, any way with out the tax deduction have a look at the difference in cash positive and capital growth. tell me scottie who is going to rent these places for 50k? You say i am making figures up then lets do a case study on one of your properties or all of…[Read more]

big dan if you dont like me dont reply ok

Here here quentin,I think you have hit the nail on the head say that this forum is way to bias. I offer a different point of view and i get my head ripped off. All i am doing is trying to offer some balance in this forum. Steve i would like you to reply to quentins post as i agree with all he has said, I think you are miss leading this forum as…[Read more]

Hi Andrew,

Thanks for the advice. Would love to hear from others out there also.

Regards Dot []