hey there,

i would also like to thank AD for helping me answer some of my questions and being so welcoming!

I feel the more i help other people the more i am helped in return.

I am just waiting for the time i can help other people as AD has done for many of us!!

thanx AD and everyone that takes their time to help one another!!

“Giving is like…[Read more]

Dear Mike
RE: MIKE: I have to say that I’m surprised at the number of you who keep your home town secret.WHAT’S THE PROBLEM GUY’S?You can’t buy all the houses in the town.

I buy in Mt Isa Qld. There is good rental return here. However I don’t believe that there is great capitol growth ( I am not expert on this it is my limited observations) . It…[Read more]

Hey there AD,

Thanx for the info on discretionary trusts. Have they always been around? Was there any other differences that we should be aware off? i must check it out!!

Off the subject, have u had much experience in vendor financing (wrap) ventures? I am keen to learn!!

thank again

quote:Everyone wants to go to heaven but nobody wants to die!!

Hey there,

Anyway u go u must comply with a plan! Have u sat down and established a plan yet, that includes goals/objectives in the short-term and the long-term? Investing is like a strategy. Its how to obtain/acheive your goals.

From there u can research and find suitable investing strategies that make your goals come…[Read more]

Hi Go girl,

I have one unit far from me ( hope to build on that though > houses) I have a real estate Agent manage it and do the periodical inspections required and I have had no problems to date. I feel that I don’t have any more or less problems with this property as opposed to the ones I have closer. I will be personally inspecting the city…[Read more]

Dear All
My understanding is that the valuation done by the valuers for the Bank Valuation is done specifically for the bank for loan purposes only. Any one correct me if I am wrong but it is a type of fire sale valuation.
The bank I deal with will tell me verbally the valuation they have put on the investment, but they never give me the valuation…[Read more]

Bruce, as per your post ensuring that the bank give a copy, I have a question. My partner and I purchased our first just over a year ago now and have only recently been advised that the 2pager val’ that we got is not the complete one and we should persue the bank for a copy of the complete written val as we’re entitled to it and it’s a tool we…[Read more]

Gracie
I like this idea, my partner and I are very new to this game! We have bought one in the past year. I want to be more aggressively investing but need to have the opportunity to speak to those who are doing it. Forums are great but would love to meet people in preference as I feel there would be more results…pls keep me posted.

thanks muchly have done some shopping around, but it’s always good to get a feel from those in the know[]

Hi Dan,
I am moving to Perth in the next few months and would be interested joining like minded people in talking about investment ideas. Also anyone living in perth can you give me an idea what 250k will buy me. Thanks tails

Email is tails277@hotmail.com

Both me and my girlfriend have been given the fhbg and we have both sold within the 12 months. I even have a friend who sold his premises to his girl friend where the both have received the grant. My interpretation of the grant is that you have to be seen to be living in the premises with in the first 12 months for how long it doesnt matter. Tails

“TOP TEN”
1. Warragul(including Drouin)
2. Shepparton
3. Traralgon
4. Lakes Entrance
5. Echuca
6. Healesville
7. Ballarat
8. Mansfield
9. Daylesford
10.Bendige

Based on population growth(Growth corridors), Proximity to Melbourne and existing or proposed freeways, Lifestyle changes for Baby Boomers(over next 20 years),destination or tourist towns,…[Read more]

“TOP TEN”
1. Warragul(including Drouin)
2. Shepparton
3. Traralgon
4. Lakes Entrance
5. Echuca
6. Healesville
7. Ballarat
8. Mansfield
9. Daylesford
10.Bendigo

Based on population growth(growth corridors), Proximity to Melbourne and existing or proposed freeways, Lifestyle changes for Baby Boomers(over next 20 years), destination or tourist…[Read more]

Tails,

There are plenty of options. Fast growth there in the last two years especially around the city near river. I would look at Shelley, Doubleview, Brentwood (no views here though but good location older homes). Also don’t discount where all the government investment is going and that is near the coast both north and south (especially around…[Read more]

So AD are you even going to give us a small hint where these properties are?

Dear All and Jo Anne
I would be interested to hear more on this subject as well.
I asked my bank a couple of years ago about this , but the person concerned had not really heard of it or at least (they) did not practice this form of transaction. Any suggestions?
Can you go to the banks and ask for bankrupt property information and propose to…[Read more]

Thanks for the feedback Steve … and to others who have emailed with support and advice.

Felicity, I did find one topic that did a basic copmarison, similar to what Steve and yourself have said here. I just thought there would have been more discussion than what I found. Perhaps I didn’t look hard enough. I’ve only just noticed the time filter…[Read more]

Hi All
( MY )experience with Landlords Insurance is that it is not worth the paper it is written on. I have had the tennant from Hell!, but the insurance company viewed it as Poor Housekeeping. > Stubbing cig buts out in new carpet, oil and grease from motors inside the house, chopping up directly on New Kitchen benches etc etc. Long story. But…[Read more]

Hey Savanna 100,
I agree that Warrnambool is a popular choice, but the prices there have jumped over the past 18 months. I’m sure there’s still room to move, but finding a positively geared property may be hard. Good luck to anyone looking in that area. Let us know if anyone does the deal!Don’t know the NSW market except for Moama and Corowa. Both…[Read more]

Dear All,
Could you clarify your criteria for Cash Flow Positive? e.g. is that after bank interest, managment fees, R&M. Or is it Gross return?

And
What do you consider a reasonable return (%) on your investment?

Cheers Isagold