howdy matty.

yes it’s overheated, but they are around, and not neccesarily on the net… hit the phones, go for a drive, travel… I’m in the process of settling on 4, and am spewing because there’s a number of other deals I’ve come across that I would love to go through with. I’m a bit conservative though, I want them to settle and get tenants…[Read more]

G’day young fella…

Use a mortgage broker… the wraps on stuart on this site are pretty good…

“I have around $40,000 cash & don’t want to work”… I know what angle you’re coming from here, but try losing “don’t want to work” from your mindset, because this IP stuff is bloody hard work. Nothing worthwhile comes without a slog, as you…[Read more]

Being a journo myself, I would respond by saying don’t believe everything you read, especially opinion pieces… that’s all they are, opinions…

If you want to find out for yourself, find out an area where there are positive cashflow houses for sale, go and have a look… even if that means flying somewhere interstate for a few days or a week……[Read more]

G’day Spanner

I would have thought that if you’re looking in regional Qld, that’s probably one of the best places to look at the moment. I bought 4 up there just over a month ago…

Cheers
R

cobar ain’t quite the end of the earth, but you can see it from there

Howdy,

I’m from a farming family up Cobar way… apparently the mines are still going strong there, and there’s always demand for rentals.

I have a cousin who runs a pretty solid plumbing business there, apart from that, I haven’t been there for a long time.

Cheers
JA

interesting read.
r

feel free to say you have a contact at channel 9, vluu…

richmond

Hi Stuart…

We at channel 9 would get shot if we spelt Eddie’s name Maguire… when it’s McGuire… just so you know in case you were to ever send him a letter… he doesn’t reply if it’s misspelt…

When I was studying journalism at RMIT years ago and Ed was a journo at Channel 10 I used him as a mentor, helping out with advice on assignments…[Read more]

hi ms elvis,

I find local government websites are helpful, have a look under their economic development sections… also check out state government sites, and keep an ear/eye on the media in the area you’re looking at… if anything big is or is not going to happen you’ll find out there. the asx website is also handy because big companies make…[Read more]

Hi M,

I work every weekend, 52 weekends a year… hence the reason I’m looking for a move within the network to grab back some sort of a life!!

Had to watch 5 games of footy from Fri night to Sun arvo… start to finish! It’s just as well that I like footy…

Cheers
r

ps vluu… no email from you as yet… the offer’s still there…

if there’s one thing that september 11 and the iraq brought home it’s that the so-called ‘news’ is nothing more than a press-release sent out by whoever’s releasing it – OK let’s not go there –

Mini, as someone who works in a newsroom, you’re spot on and it’s a continual source of frustration!
r

Hello there…

have a hunt on realestate.com.au
property.com.au
domain.com.au

you can search by regions… if you devote some time to researching, you’ll find there’s still some properties that offer what you are looking for…

r

well I think on the back of ACA’s “rah rah reno kings isn’t this all nice” series on property investing recently, a story covering the dodgy side of PI might cast a more balanced light on the area as a whole.
r

send me an email at jaldridge@nine.com.au , spelling out exactly what has happened…

I work at Channel 9 and will forward the email to my friends in A Current Affair (only if you want me to).

Don’t know if it will help but you never know… it’s worked in the past.

Cheers
r

hi mini,

i write it and read it… occasionally they let me go on screen, but not too much, don’t want to scare the kiddies…

micallef is done downstairs…

cheers
r

I’ll be at work, like every weekend, but that’s the price of being a sports journo… actually, I’m at work now… started at 9am, will be here until 11.30pm…

In fact, if you want to watch a beautifully written, incisive, and comprehensive report on the West Coast Eagles v Hawthorn game, tune into Nightline on Channel 9 (tonight, ie Friday)……[Read more]

I bought in my own name, wish I had a trust structure in place now that I know more about them… am looking to get one set up shortly so future purchases will be through it.

r

Howdy,

I’ve actually got exactly the same set up as Del already… I was just curious after reading the Jan Somers book…

Cheers
R

Howdy,

I sort of started in this PI area the wrong way around (with the benefit of hindsight)…

Bought 1st PPOR in Jan 2000 for 226k.
Bought 1st IP in Feb 2001 for 170k.

Sold 1st PPOR in May 2002 for $340k
Bought 2nd PPOR in May 2002 for $250k (now worth $320+)

1st IP now worth $370+ (on Mornington Peninsula)

Stumbled across this site when…[Read more]