I enjoyed this book also, it’s been about a month since i read it. not ‘very’ detailed on facts about how to achieve financial freedom, more about how he achieved wealth, as i said though i enjoyed it.
Real Estate Mistakes
By Neil Jenman
You’ll think twice about ‘auctions’ after this book.. heck,…[Read more]
Doing pretty much the same as you regarding loans..
My wife just uses Excel to record all statements etc regarding the properties when said statements arrive. We pay the rates etc ourselves rather than the PM, as this benefits us with the points on CC and we pay in total and on time to get the discounts on rates etc.. have found PM’s…[Read more]
You’re in the right direction just being here on this site, wherein you can ask a multitude of Questions and get many and varied answers from some knowledgeable people.. i’ve learn’t a lot!
Search this forum and learn from here, invest in some quality property investing books and start researching now, to hone your skills when it comes…[Read more]
“just” about finished Real Estate Mistakes, next read is ‘maximum achievement’ by Brian Tracy
Ryanmel..
All depends on your personal situation, a PPOR definetly gives you stability and somewhere that is ‘yours and yours alone’, it all depends on your comfort zone and your future plans..
I’d go with mobile mortgage and have your cake…[Read more]
We all have to have some means of measuring our progress, as R.Kiyosaki say’s “you have to- Mind Your Own Business”, it doesn’t matter what you do as your day to day job, if you are in the ‘business’ of purchasing IP’s, you need to be aware of your financial position at all times.
I’m guilty at times of putting statements to one…[Read more]
Expect some good growth for some of Australia’s larger companies, they will of course be hampered by our rising dollar.
Shares will be the ‘Darling’ of the year, this is starting to happen already ( remember the old Coloured wheel with property/shares etc the wheels turning)
How about serviced Units, with you as the caretaker/manger.. which i see in the ‘serviced units’ game as being far better than an investor in the units ( caretaker/manager seems to be in a win / win situation )
Hmmm.. there’s a Good guy’s down the road, sorry,[] with the way i read your post earlier, i thought you were ca$h syrapped, and thats why your reasoning for re-financing also..
Hardly Normal only ‘suggested’ due to ‘interest free’ deal, i’ve always got better deals ( usually cheaper and they’re happy to discount then when they…[Read more]
Don’t forget with -geared properties there is ‘usually’ more capital growth associated with such, whether to get rid of it or not would depend on her financial and tax situation, don’t forget she can use the ‘Equity mate’ in the – geared IP to further purchase +IP’s the better the + gearing the better for you, especially if…[Read more]
Don’t adopt the ‘monkey’ on that site.. a work collegue did and had a [}] of a time trying to get rid of it..
PeterM
see above.. some of these sites very ‘dodgy’ and in saying that i requested a e-mail for super rollover from AMP, thier consulatant e-mailed me the forms as we spoke, when i went to open the attachments my computer ‘sat…[Read more]
Contact your local Council, ask to speak to the Building inspector, he should be able to help you out. I believe regulations slightly different in each area
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
As i understand it the ‘main’ downfall is that you never own the land the property sits on, so you pay for it up untill the day you die/sell.
The owners can periodiacally increase rent of the land and it’s expensive to relocate the house, having said that you may find somewhere you can purchase thge land component, remember- land appreciates,…[Read more]