PropertyInvesting.com | PISTORE | Activity https://www.propertyinvesting.com/members/pistore/activity/ Activity feed for PISTORE. Sat, 11 Apr 2026 20:50:31 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9f8f06aa6583b0554328822b3fb0c81f PISTORE replied to the topic Which of Brisbane western suburbs for cosmetic reno? in the forum Sounds like you would be https://www.propertyinvesting.com/topic/4407361-which-of-brisbane-western-suburbs-for-cosmetic-reno/#post-4675472 Mon, 27 Aug 2012 13:19:12 +0000 Sounds like you would be working hard and not really working smart.
the self Reno idea is great in theory, but  (especially) in capital cities, it can be dangerous as markets can change and you could get stuck with it for longer than you thought.
Better off keeping it simple and buying a good investment property in a strong location, then get a…[Read more]

]]> c0c38511309ac3871f5e373580b38090 PISTORE replied to the topic looking at IP number 2 and stuck in the forum Help Needed! https://www.propertyinvesting.com/topic/4407429-looking-at-ip-number-2-and-stuck/#post-4676023 Mon, 27 Aug 2012 13:10:12 +0000 Probably need more info to make any real comment, but  when buying your second property, just make sure you get your numbers sorted first to suit your lifestyle, so your cash flow is balanced. The only way to keep moving forward is to keep your cash flow strong.

]]> 2731e4aeeafe739756a1c98797fec2df PISTORE replied to the topic Brisbane CBD, in the forum Help Needed! https://www.propertyinvesting.com/topic/4407417-brisbane-cbd/#post-4675943 Mon, 27 Aug 2012 13:05:34 +0000 No offense, but I am amazed that people still look to buy units and appartments as investment properties.
cash flow is horrible due to strata levies and costs, and being there will be another development being built next door, the value of your property then will be watered down.
there are so many better options to consider that will be far better…[Read more]

]]> a9078f7438ee408bd212dc669225748b PISTORE replied to the topic First IP Western Sydney - Granny Flat (Help Please). in the forum Help Needed! https://www.propertyinvesting.com/topic/4407399-first-ip-western-sydney-granny-flat-help-please/#post-4675788 Mon, 27 Aug 2012 12:50:26 +0000 Hi Colin 

Firstly, you say you are looking to purchase an investment property in the area you live in. This is probably the number one mistake I see people make when they start their portfolio.
secondly, you are looking for a granny flat, or to build one. Why? For better income?
there are many other ways to achieve this.
you need to broaden your…[Read more]

]]> 8f0fc559061e24a4e22830cca53ec088 PISTORE replied to the topic Olympic dam expansion no more. Whats going to happen to property prices? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407434-olympic-dam-expansion-no-more-whats-going-to-happen-to-property-prices/#post-4676123 Mon, 27 Aug 2012 06:29:11 +0000 BHP are a Blue Chip company that need to look after their share holders. Their decision is one more for the current conditions. I believe they will still proceed with the project when the time and conditions are right again. Be that a new government or world commodity prices.
Whyalla is still a good place to get an early foot hold in.

]]> 6763df281112f8b74cf0c352ff93ad0d PISTORE replied to the topic Anyone looking to or recently purchased in Mackay QLND? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407218-anyone-looking-to-or-recently-purchased-in-mackay-qlnd/#post-4674336 Tue, 24 Jul 2012 06:42:03 +0000 Mackay is an awesome place to invest. We've sold plenty up that way because the numbers just work.The projections for the area are amazing and there are many reasons why it will become and stay an investment hot spot for quite a while.Happy to help if you need any advice.

]]> 1eb4fb0050634924781c23547ad7bb71 PISTORE replied to the topic Dysart or Roma - Where to Invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406197-dysart-or-roma-where-to-invest/#post-4666408 Sat, 21 Jul 2012 01:50:47 +0000 They are both locations that have too much risk attached to them. Roma in regards to it's flooding, where by Banks and insurance companies will be not looking at favorably, and Dysart as it is in a very much "transitional" stage. There are a lot better options to be considering right now.

]]> 7dd3d4c898655226115f23a2a93696d1 PISTORE replied to the topic Dysart or Roma - Where to Invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406197-dysart-or-roma-where-to-invest/#post-4666406 Thu, 19 Jul 2012 13:13:02 +0000 Wouldn’t touch Roma. Many reasons why it might not be be a good investment.
Depends on your available funds, but there are a few other locations worth considering before the likes of Dysarthria or Roma.

]]> 4e536c0170504b7db7690b0515584036 PISTORE replied to the topic Brisbane suburb suggestions for houses $480k and under w high occupancy & yield & capital gain over 20 yrs in the forum Help Needed! https://www.propertyinvesting.com/topic/4407048-brisbane-suburb-suggestions-for-houses-480k-and-under-w-high-occupancy-yield-capital-gain-over-20-yrs/#post-4673161 Mon, 09 Jul 2012 06:15:59 +0000 Below Market Value, I believe.Have you considered the Hunter Valley NSW? Great location for SMSF purchases. Very steady growth and good entry point. Low $400K would see you in something brand new.

]]> c8bdc913f8a5785cfdd02ae7ca29aa94 PISTORE replied to the topic looking at getting first investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4407061-looking-at-getting-first-investment-property/#post-4673275 Mon, 09 Jul 2012 06:12:16 +0000 Hi WinadilWe deal with Clients all over the country and use Brokers and Solicitors from all over the place too. These days it's very easy to arrange most anything for a purchase, but you just want to make sure the people know what they are looking at structure wise and that there is some synergy between everyone, otherwise you might have a bit of…[Read more]

]]> 0b936a92f32e7bc540598debca87fc4f PISTORE replied to the topic Who has Bought in Gladstone? Share experience and Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4407053-who-has-bought-in-gladstone-share-experience-and-advice/#post-4673229 Mon, 09 Jul 2012 06:04:00 +0000 Hi DeanWe have been working in Gladstone for a while now and there are quite a few quirky things that you should be aware of, but apart from that, it's the No.1 hotspot in Australia right now, and probably will be for a while longer.Like any large city, Gladstone has good and not so good locations to look at. House and land is where the money is…[Read more]

]]> a762f9176305dd663b8b0262eb6b0330 PISTORE replied to the topic NUMBERS STACKING UP? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406864-numbers-stacking-up/#post-4671877 Fri, 15 Jun 2012 00:37:49 +0000 dangermouse99 wrote:
It does sound a little hard. I thought it was a relatively easy way to get in and learn a bit more about IP while having positive cashflow.My aim is to quit work in 5-7 years and have income from IPs to live the life I want. I thought of doing a few of these sort of properties and then selling one or so to pay back some of…[Read more]

]]> 9fd52d1231e15ef5ae7498efcf774db1 PISTORE replied to the topic "The Advanced Group" ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406846-the-advanced-group/page/2/#post-4671731 Fri, 15 Jun 2012 00:31:15 +0000 Wayward Anaconda wrote:
Hi Newsam Yes i agree be very careful of one stop shops and also people on forums with their business and contact clearly stated on every post. If they were good at what they did they would not need to spend all day on forums gauging leads from first time investors as they would be too busy with word of mouth referrals.…[Read more]

]]> d9c0229fdcffb40296abc7c6459f1c65 PISTORE replied to the topic Barings in the forum Help Needed! https://www.propertyinvesting.com/topic/4406110-barings/#post-4665709 Thu, 14 Jun 2012 12:45:38 +0000 That rule has been around for a while now.
We tried all those tricks (when you were allowed) but the simple fact is, you need growth in your investment. Once you have made some good growth, then you sell, pay a bit of CGT and then pay the rest off your home loan. Repeat until your home loan is gone.

You just need to know where to buy to get that…[Read more]

]]> 4368ab2b2ff920b82de83a833ef7f8a6 PISTORE replied to the topic Hunter Valley NSW Investment Opportunities - Muswellbrook, Singleton. in the forum Help Needed! https://www.propertyinvesting.com/topic/4406822-hunter-valley-nsw-investment-opportunities-muswellbrook-singleton/#post-4671598 Thu, 14 Jun 2012 12:40:42 +0000 As said, the Hunter valley is a great place and there are many good areas to look at for different reasons, and sometimes new is better than old. An older cheaper property will often be more expensive to run than a newer more expensive property due to the big tax deductionns on a new property.

]]> ee6a2d99081ba2754eda31a5ead6fa56 PISTORE replied to the topic when is a property positive geared? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406863-when-is-a-property-positive-geared/#post-4671873 Thu, 14 Jun 2012 12:34:42 +0000 Jmsrachel, what are you looking to do?
Don’t be scared about property and the costs. You have to think of it like a business. As long as your income is better than your out goings then you’ll be fine. Is all in the numbers.

]]> 5ab93794f0b140f6eb673d855185377c PISTORE replied to the topic NUMBERS STACKING UP? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406864-numbers-stacking-up/#post-4671875 Thu, 14 Jun 2012 12:29:36 +0000 Sounds like a hard way to do it.
You need to ask yourself why are you buying it if it’s not about getting growth.
Over all the plan sounds good if everything comes together, but you have no exit strategy which is the most important thing to have in the business of buying and selling property.
What are your longer term goals? What are you looking…[Read more]

]]> c67e4190a7c7eef25673968a414c6c7c PISTORE replied to the topic Mackay? in the forum General Property https://www.propertyinvesting.com/topic/4406835-mackay-4/#post-4671662 Thu, 14 Jun 2012 01:51:51 +0000 mattsta wrote:
so what are some of the reasons why mackay would boom over the next few years? Im not familiar with them…

There's about $80 Billion worth of reasons and 10's of thousands of people moving there for work.

]]> 10f4db19fa3ae3c72cb6ea0d100f4a08 PISTORE replied to the topic Mackay? in the forum General Property https://www.propertyinvesting.com/topic/4406835-mackay-4/#post-4671661 Thu, 14 Jun 2012 01:49:50 +0000 jnb wrote:
Hi Anthony thank you for your input. Any particular areas that your would recommend? thank your

We are dealing in a few areas. I think there are a few areas just outside of town that are great value. Good size land and nice new developments, also closer to the mines, albeit by 20 mins. Buses leave from out the front taking the…[Read more]

]]> 96d465e47c25ccb6b61bc59ee4bfadfe PISTORE replied to the topic "The Advanced Group" ?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406846-the-advanced-group/#post-4671724 Wed, 13 Jun 2012 04:58:53 +0000 Qlds007 wrote:
It never ceases to amaze me why investors become interested in One Stop Shops as they think they get a bargain by having a group of linked professionals all with vested interests promoting themselves and offering over priced properties to unsuspecting buyers.CheersYours in Finance

I agree with Richard, you have to be careful. I…[Read more]

]]> 7231481997e751b0c1173c851fd98bbc PISTORE replied to the topic Good areas in Toowomba in the forum Help Needed! https://www.propertyinvesting.com/topic/4406713-good-areas-in-toowomba/#post-4670888 Wed, 13 Jun 2012 04:47:19 +0000 Chinchilla has growth still left. Once the projects start up out that way there will be plenty of growth.Dalby still has a bit of a stigma about it after the floods (read Bank valuers are guarding their own backsides) great area out that way, and plenty of potential.

]]> 2950ecca00d7a48e9acb04493bdd1073 PISTORE replied to the topic Perth Property Market - sub $400K in the forum Help Needed! https://www.propertyinvesting.com/topic/4406836-perth-property-market-sub-400k/#post-4671667 Tue, 12 Jun 2012 04:17:43 +0000 Money spinning is is great in theory, but remember, Communism works in theory also….If you want growth in NSW, the the only real place is the Hunter Valley region.It's the only area in NSW where there is any REAL money being spent of Infrastructure and Government spending and there is amazing population growth taking place also.600,000 people…[Read more]

]]> 651d76da7dcc2fa72b3eca55689454d8 PISTORE replied to the topic Good areas in Toowomba in the forum Help Needed! https://www.propertyinvesting.com/topic/4406713-good-areas-in-toowomba/#post-4670886 Tue, 12 Jun 2012 04:11:42 +0000 Dalby and Chinchilla are good areas outside of Toowoomba. Some amazing things happening out that way. $14Billion being spent on Infrastructure and Government spending.

]]> c895af94f0c53b69e8456d06ba902abc PISTORE replied to the topic Strategy / Planning in the forum Help Needed! https://www.propertyinvesting.com/topic/4406819-strategy-planning/#post-4671563 Tue, 12 Jun 2012 04:10:16 +0000 Good job then. Less overall monthly commitments will improve your finance servicing down the track.

]]> 5c113496e3b45de9af0e9a83dc1a0449 PISTORE replied to the topic Mackay? in the forum General Property https://www.propertyinvesting.com/topic/4406835-mackay-4/#post-4671653 Tue, 12 Jun 2012 03:09:25 +0000 Hi JnbWe have been busy in Mackay. It's a great place with plenty of reasons why it will continue to boom over the next few years to come.You can get some good value there, just have to know where to look. Like most of these towns, there are politics that get in the way, but you once you understand the games some like to play up there, you can…[Read more]

]]> afe522b6e87f8fdf35b3ef41d396d480 PISTORE replied to the topic Perth Property Market - sub $400K in the forum Saw a report recently saying https://www.propertyinvesting.com/topic/4406836-perth-property-market-sub-400k/#post-4671663 Tue, 12 Jun 2012 02:53:51 +0000 Saw a report recently saying that the medium house price in Perth had only changed by $1,000 since 2006.Not saying that their isn't opportunity there, but with only 1,000,000 living over that side of the country and 21,000,000 odd living over this side, you can understand why it fluctuates so much.I was out at Gregory Hills, SW Sydney the other…[Read more]

]]> bf9483850ef2931a693b347ff2a4dba9 PISTORE replied to the topic Strategy / Planning in the forum Help Needed! https://www.propertyinvesting.com/topic/4406819-strategy-planning/#post-4671561 Tue, 12 Jun 2012 02:46:45 +0000 Hi NooobI think the issue for you straight up will be deposit. If you only have $20K saved, this will be hard to use until you get a bit more deposit.The other issue is the sad state of Australia's legislation on investment advice. I have been a qualified Finance Broker as well as Licensed Real Estate Agent (only investment based) for over 16…[Read more]

]]> bd9e4bff7d91421a631650116495c51d PISTORE replied to the topic Where to now? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406708-where-to-now-4/#post-4670863 Tue, 12 Jun 2012 00:41:29 +0000 boybramley wrote:
Hi fellow investors. New to the website and this blog. PPOR is Sydney and I'm looking at Muswellbrook, Singleton as an investment. Strategy really is to buy well, undertake some quick TLC such as polished floor broads, new kitchen, and/or maybe new bathroom. Rent out asap as a +ve cash flow, or almost +ve. I've taken…[Read more]

]]> 39f8e1156ec9e540b901c0365c9442d9 PISTORE replied to the topic Best Investment/Financial Strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4406739-best-investmentfinancial-strategy/#post-4671068 Tue, 12 Jun 2012 00:34:40 +0000 KeyStrategies wrote:
Hi arope 99I have a question for you – I was wonderingHow would buying an investment property affect the First home savers account?Would you still qualify under the scheme?

The answer is yes, so just invest first and make your deposit bigger, THEN go and buy your own place.99, I think you're over thinking the whole process.…[Read more]

]]> e65488f94dd50468c2b08afb95dd0fd7 PISTORE replied to the topic Best Investment/Financial Strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4406739-best-investmentfinancial-strategy/#post-4671067 Tue, 12 Jun 2012 00:27:04 +0000 NHG wrote:

PISTORE wrote:
In summary, do what your parents did and you'll end up like them.

Haha,Tried explaining that concept to my dad, he was understandably very upset.He struggled to understand why I talked to my accountant for accounting advice, the lawyer for legal advice and the friend who owns 50+ properties for property investing adv…[Read more]

]]> 2bdf4f3fe08a8af743157e2058cff8b3 PISTORE replied to the topic Where to now? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406708-where-to-now-4/#post-4670858 Wed, 06 Jun 2012 14:17:52 +0000 Sorry Wake, would have to say steer away from Emerald. Great on face value, but Suncorp recently announced the will not insure there due to the flooding risk bein too high. This will have repercussions with the banks also as they reassess their risk, so just a bit too ugly up there now.
There are a lot of strong places to look at, but he elephant…[Read more]

]]> d2c3845c19127ed8944a2231758be42d PISTORE replied to the topic Our 1st investment property!!!!Advice on where to start looking in the forum Help Needed! https://www.propertyinvesting.com/topic/4406664-our-1st-investment-propertyadvice-on-where-to-start-looking/#post-4670502 Wed, 06 Jun 2012 14:09:29 +0000 Really depends what your ultimate goal is. Don’t get me wrong, capital growth is great to look for, but you need to be able to cash flow your purchase to get the growth, so cash flow is very important too”
Plenty of those numbers look good historically, they aren’t crystal balls, and really you need to be looking for areas that have the 3 key…[Read more]

]]> 57eac88dd44efd84a55dab4f8f5a7905 PISTORE replied to the topic Best Investment/Financial Strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4406739-best-investmentfinancial-strategy/#post-4671060 Wed, 06 Jun 2012 14:01:41 +0000 A couple of things.
Owning your own castle is overrated! Believe me when I say this as it is based on almost 2 decades of showing people how to get rid of this debt, or financial cancer as I call it.
Once you get a mortgage, and are on 1 income, forget it. Life will stop dead, you won’t be able to borrow any more money for investment as you’ll be…[Read more]

]]> 969655c1dcf7a3f9089501adf96bf7f3 PISTORE replied to the topic What to do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406699-what-to-do-35/#post-4670749 Wed, 06 Jun 2012 13:44:53 +0000 Hi Glen
Just wondering why you were limiting yourself to areas like those you listed.
Depending on your income, you could look at far Bette options with your deposit.
It really depends on what you want, growth or income or both.
Those areas are ok, but they aren’t as good as others that will get you far better returns in a lot shorter time frame.

]]> 3b269201964fbf031e4a8c0ad0ad74d4 PISTORE replied to the topic Strata Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4406775-strata-insurance/#post-4671286 Wed, 06 Jun 2012 13:35:53 +0000 Should be able to get it through most any insurer these days. Ring who you currently use for your car/home insurance, they can probably do a good deal combining all the policies.

]]> 3676577386ccfd43f7a6d386e6402e4b PISTORE replied to the topic Buying first IP - Quantity Surveyor timing in the forum Help Needed! https://www.propertyinvesting.com/topic/4406756-buying-first-ip-quantity-surveyor-timing/#post-4671192 Wed, 06 Jun 2012 13:33:29 +0000 Adrian, just a side note. By the sounds of it, it seems that the purchase you are considering is heavily reliant on getting the QS report done to give you the cash flow you need to maintain the property???
If this is a concern, then the property you are looking at might not be ideal for your situation.
The old saying applies with property as with…[Read more]

]]> 6c475e2dfb7804719ff98e9db6dd39f2 PISTORE replied to the topic New investor in the forum Welcome to our wonderful https://www.propertyinvesting.com/topic/4406778-new-investor-13/#post-4671290 Wed, 06 Jun 2012 13:23:56 +0000 Welcome to our wonderful country, best place in the world. Well we think it is.
Good forum to ask as many questions as you need with plenty of helpful people.
Happy to chat.

]]> e0b5c38392b3c4c6c9d880dd347a0866 PISTORE replied to the topic Are some mining towns too hot? in the forum KeyStrategies wrote: Hi https://www.propertyinvesting.com/topic/4406016-are-some-mining-towns-too-hot/page/4/#post-4664997 Tue, 17 Apr 2012 10:53:13 +0000 KeyStrategies wrote:
Hi Everyone The last 3 days has been interesting to observe – All the Doom and Gloom about the Norwich Park Mine closure has been all over the Media yet the announcement made by Anglo American Coal to Double its mine size in Moranbah on the same day has gone virtually unnoticed an as had almost NO press.…[Read more]

]]> 83d53fccf0cea5017557556bb80a452e PISTORE replied to the topic Are some mining towns too hot? in the forum I'm sorry to say, but the https://www.propertyinvesting.com/topic/4406016-are-some-mining-towns-too-hot/page/3/#post-4664967 Tue, 03 Apr 2012 02:24:31 +0000 I'm sorry to say, but the ship has well and truly sailed on Moranbah. I wouldn't touch it with a 10 ft pole now as ALL the signs are saying that it's maxed out and is now on it's way back down to a more realistic position in the market.Forget Moranbah, start looking at locations that are going to be the NEXT Moranbah. That's where there money to…[Read more]

]]> 57290992b3affd4369915236be02b643 PISTORE replied to the topic Are some mining towns too hot? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406016-are-some-mining-towns-too-hot/#post-4664938 Mon, 19 Mar 2012 22:53:31 +0000 mattsta wrote:
i'd agree that going for mining towns in established areas would be the least riskiest option, as opposed to those where mining companies have just gone in

Remember, risk and return are relative

]]> 9088c07f7ef3e9b8801a9f94c5477cb5 PISTORE replied to the topic Is THE INVESTORS CLUB for real? in the forum Heads Up! https://www.propertyinvesting.com/topic/4385645-is-the-investors-club-for-real/page/3/#post-4548093 Tue, 13 Mar 2012 04:49:06 +0000 Yeah, most likely

]]> 2f2ab1b94ee06b25bd1c6773ec18796c PISTORE replied to the topic Are some mining towns too hot? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406016-are-some-mining-towns-too-hot/#post-4664930 Mon, 12 Mar 2012 05:48:10 +0000 Hi DerekYes I agree and that was sort of more what I meant.Mining towns are always a risky option as your growth is always more dependent on external forces, like how much or the resource China or India are buying.

]]> 505c6d9aca8fde1f717e73e0b681dd89 PISTORE replied to the topic Are some mining towns too hot? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406016-are-some-mining-towns-too-hot/#post-4664928 Mon, 12 Mar 2012 00:59:13 +0000 You need to look for areas that have mines going in or just gone in. Towns like Moranbah are great for people who got in 2 years ago, but I fear if you got in there now you would be in trouble when rents drop and especially if owner occupiers are leaving town, there will be no one the buy the properties.It's Mom and Dad investor stuff there now.…[Read more]

]]> 865960d2e96500de8e6621f9ff1495d5 PISTORE replied to the topic Is THE INVESTORS CLUB for real? in the forum Heads Up! https://www.propertyinvesting.com/topic/4385645-is-the-investors-club-for-real/page/3/#post-4548091 Sun, 11 Mar 2012 22:44:11 +0000 Their model has always been unsustainable!The idea that you can live off equity borrowed back from a Bank when you retire is rubbish."Hi Mr Bank, I'm 70 and want to borrow $500,000 from you to use to live off for the next 10 years"If your sole income is rent, then a Bank will normally only lend you based on 50% of your rent received.And seeing as…[Read more]

]]> d84e20acb1b104351c5155c5df23f830 PISTORE replied to the topic negative geary...does it wear off? in the forum General Property https://www.propertyinvesting.com/topic/4405896-negative-geary-does-it-wear-off/#post-4664024 Thu, 01 Mar 2012 03:37:02 +0000 luke86 wrote:

PISTORE wrote:

Catalyst wrote:

PISTORE wrote:
The idea with any property investment strategy is to aim for a neutrally geared portfolio.

Really??? What's the point in that? OK if you're working a job I guess but it certainly wouldn't be anyones aim.  My investment strategy is to be POSITIVELY geared. I want to be making…[Read more]

]]> 13def6e13702dc6a929b8923caee7312 PISTORE replied to the topic negative geary...does it wear off? in the forum Laury wrote: My assumption https://www.propertyinvesting.com/topic/4405896-negative-geary-does-it-wear-off/#post-4664023 Thu, 01 Mar 2012 03:33:07 +0000 Laury wrote:
My assumption of neutral gearing is that after you have crunched all the numbers including depreciation etc Mr Taxman chooses not to take a cent off you but in reallity you have actually put a couple of dollars in your pocket.   Please correct me if I am wrong!

Essentially your right. It's about running the books at a balance. R…[Read more]

]]> eb9a272fe73f97a8675151c4cbd92ac2 PISTORE replied to the topic negative geary...does it wear off? in the forum General Property https://www.propertyinvesting.com/topic/4405896-negative-geary-does-it-wear-off/#post-4664021 Thu, 01 Mar 2012 03:27:38 +0000 Catalyst wrote:

PISTORE wrote:
The idea with any property investment strategy is to aim for a neutrally geared portfolio.

Really??? What's the point in that? OK if you're working a job I guess but it certainly wouldn't be anyones aim.  My investment strategy is to be POSITIVELY geared. I want to be making money. The more positive my…[Read more]

]]> ae1c5bccc3200d2508cb714c642a3b23 PISTORE replied to the topic negative geary...does it wear off? in the forum General Property https://www.propertyinvesting.com/topic/4405896-negative-geary-does-it-wear-off/#post-4664016 Wed, 29 Feb 2012 02:13:27 +0000 Hi LauryReally depends on your own situation as to what location would or what location might not be suitable to your numbers.It's a tailored process, so not really a one size fits all scenario.It is a some what fine balancing act that needs to be looked at in more depth, but with most locations we have seen, it's pretty easy to see a neutral cash…

]]> f310f80a6339373418e31973a5391fea PISTORE replied to the topic Western Sydney in the forum I don't believe you have to https://www.propertyinvesting.com/topic/4405794-western-sydney/#post-4663198 Mon, 27 Feb 2012 06:09:26 +0000 I don't believe you have to trade off Capital gain for income. You just need to find locations that have both. Sydney doesn't have Billions in infrastructure and Government Spending and nor does it have the same % in population growth many other locations have in Australia.Your dollar goes a lot further in many other locations than it does in…[Read more]

]]> fef71df24406143ecb4f516e59fbf807 PISTORE replied to the topic Gladstone or Calliope? in the forum General Property https://www.propertyinvesting.com/topic/4405835-gladstone-or-calliope/#post-4663574 Fri, 24 Feb 2012 00:08:46 +0000 Thanks for the info Mattnz, although that is based on a dollar value in that report and not a % value, which Calliope was actually ahead.Calliope is value for money, it's a lot prettier than being in a lot of areas in Gladstone. It's higher up too and has better breezes and is overall a lot cooler location, so the Poms moving in from OS will be…[Read more]

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