Hi Andrew,

For what it might or might not add to the discussion, I reckon you’re far and away better off buying houses than units… land appreciates, buildings don’t.

Also, you said “if history repeats itself”… pretty big word that “if”… in terms of property, I would never bet the house on capital gains.

Cheers
r

Yack

I would have thought an oversupply of rentals would force the prices down, not up.

cheers
r

The best buys in Rocky were between the start of last year and the middle of last year… investors have been buying up big there for months and months. A lot of those ones that I’ve seen selling for 70k now sold for 50k in May/June.

Cheers
r

ps yack, I think that view’s a touch narrow minded… just because something hasn’t grown for 10 years…[Read more]

Hi Ken

Welcome to Oz!

Best tips I’ve got are study a map… or buy a holiday atlas from the motoring organisation in your state… some of them have rundowns on towns and cities in each state of Australia… even right down to very small towns. Purchase one and study it thoroughly.

As for your English, I’d just try and have as many…[Read more]

Excellent tips peterp, and ones I use myself… good to see the glass is half full…

Cheers
r

Hi Redwing,

In response to your question in another thread, married life is going well, while I find it funny that as soon as I tell someone I work in telly, they automatically assume big bucks… I can assure you it ain’t the case [}]!!!Why do you think I’m here trying to shore up the future??? []

In regards to Christmas spending, I wonder how…[Read more]

this thread ain’t goin’ anywhere boys… I’m locking it.

cheers
r

Hi SIS

heard on the radio this morning Aussie dollar is tipped to go over 80 cents by middle of year… best performing currency in the world at the moment against the greenback. When I was in the US a couple of years ago it was around 58 cents. Yuk.

Cheers
r

I should have added that those areas had them quite some time ago now…

Cheers
r

From what I know of how Steve and Dave built their empire, they didn’t solely rely on their properties to get funds to keep going. They had various income streams (Dave’s accounting, seminars, this website etc) to draw on, in tandem with some pretty solid planning and goals…

Maybe you should let us know a little bit more about the goals you’ve…[Read more]

the $64 million question that’s not likely to generate many responses. Around Brisbane it’s hard to find them now, from what I can gather there was a lot of them in the Ipswich/Morayfield areas to name two but there’s investors on here who are active up there that may or may not offer a better reply.

Cheers
r

Hi SIS

I wouldn’t refer to specific shares… in a discussion about where the economy’s headed in 2004, a few general comments about the sharemarket overall would be pertinent I would have thought…

I’m sure if Steve thinks otherwise, this thread will be locked or deleted soon enough [].

r

have you read the book?

Cheers
r

Howdy Bruce…

I haven’t been into IPs for as long as you, so I guess once the empire builds up I’ll be able to do what you suggest… hopefully it won’t take too long…

Cheers mate
r

G’day AD,

Hope the clan and the empire are all well in the New Year.

Without offering any sound reasoning due to a lack of time, I think house prices will still go up in Qld, but not at a stratospheric rate…

I reckon they’ll level off and possibly drop marginally in places like Melb and Syd. I, like many others, would expect inner city…[Read more]

G’day and welcome aboard, (note, this reply is long)

Since I’m sitting here at work bored, I’ll tell you what I’m going to do over the next few months. Please note, I’m far from an expert. Being a moderator doesn’t mean I have any great knowledge, but I’m learning more every day.

We have 7 properties… one of which is a negatively geared…[Read more]

[]

Hello mmworld

I started developing exactly the same thing you’re suggesting two years ago… I’ve got a few partners who I’m working on it with…

We’ve gone down the track quite a way, producing prototypes etc, I come from a TV background at Channel 9, and they’re ex-journos who have started up their own business doing a variety of…[Read more]

If you lack the time to find your own deals, perhaps they’re okay… if you have the time to find your own deals, save yourself the finder’s fee.

Cheers
r

fair enough PeterM, I guess that’s advertising, but I’ll let Steve or another moderator decide.
good luck with it.

cheers
r