PropertyInvesting.com | SamAus74 | Activity https://www.propertyinvesting.com/members/samaus74/activity/ Activity feed for SamAus74. Tue, 14 Apr 2026 21:21:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 de2c39846b3e22b4ce8286d8683237bb SamAus74 replied to the topic Augustine heights - House and land package in the forum Help Needed! https://www.propertyinvesting.com/topic/4406295-augustine-heights-house-and-land-package/#post-4667323 Thu, 12 Apr 2012 06:30:23 +0000 Hi Vinay, yes welcome as well and investing is all about learning and reading forums like this.I am slightly concerned that you say you are about to sign a contract for a house and land package but you are still not sure what the rental yields are or about the area!!!  This is something you should already know by now where you can very quickly…[Read more]

]]> 637872a10b2252e276b31f54ba7f3bcf SamAus74 replied to the topic On the way to 2nd IP and trying to find the right strategy in the forum DFT ??? Sorry not sure what https://www.propertyinvesting.com/topic/4405961-on-the-way-to-2nd-ip-and-trying-to-find-the-right-strategy/page/2/#post-4664439 Thu, 05 Apr 2012 03:23:28 +0000 DFT ??? Sorry not sure what you mean….Sam

]]> d343890613ee0fed21037db861a0b2b0 SamAus74 replied to the topic On the way to 2nd IP and trying to find the right strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4405961-on-the-way-to-2nd-ip-and-trying-to-find-the-right-strategy/#post-4664437 Thu, 05 Apr 2012 01:05:57 +0000 Derek thanks for the info – yes i wouldnt have 5 properties all negative geared – just wouldnt be viable…Also we have structured the properties in a higher percentage to my name as yes my wife will be off work again next year for 12 months… have thought this thru…I am not a reno person either but i wouldnt be doing any huge reno.. mainly…[Read more]

]]> d9ef80c7267be2a6ffad68d2bb9446c6 SamAus74 replied to the topic On the way to 2nd IP and trying to find the right strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4405961-on-the-way-to-2nd-ip-and-trying-to-find-the-right-strategy/#post-4664435 Wed, 04 Apr 2012 22:49:00 +0000 Thanks Derek and lillystar – NO THANKS to Juliet !! Derek what you are saying is exactly the approach I am taking – my 2nd IP which will be ready by the end of year will also be negative geared ( both my wife and I make an ok income so the tax benefits are there ) and the 3rd IP will be an under valued, some renovations, rent and re-value… but…[Read more]

]]> 73c77e1fbc654b3c68e2c257b363148b SamAus74 replied to the topic Investing in NRAS properties in the forum Help Needed! https://www.propertyinvesting.com/topic/4405928-investing-in-nras-properties/#post-4664178 Wed, 21 Mar 2012 02:46:28 +0000 Rose, you mentioned in your post you are in your full year of your NRAS property but you are just getting tenants next week – why the delay ???? was there no demand for NRAS ??I thought there was demand for these type of properties and they are lining up to get in ?? Well that is the spiele I am getting from those trying to sell them off as such.Sam.

]]> 65040cb52fc99a45bfb95b7d93901662 SamAus74 replied to the topic TOWNSVILLE- Investing in new house and land package in the forum Help Needed! https://www.propertyinvesting.com/topic/4405764-townsville-investing-in-new-house-and-land-package/#post-4662960 Mon, 05 Mar 2012 04:04:41 +0000 Tried emailing you direct but it says you are not accepting emails !! Not sure what that is all about – I have recently purchased in the Logan Council area and pretty happy with it.. again long term, but rental is pretty good – in high 300s… has a lot going for it with its proxmity to both Brisbane and Gold Coast…

]]> 7809dc5ce2837555ecbd15a4e21eabcb SamAus74 replied to the topic TOWNSVILLE- Investing in new house and land package in the forum Help Needed! https://www.propertyinvesting.com/topic/4405764-townsville-investing-in-new-house-and-land-package/#post-4662958 Mon, 05 Mar 2012 01:36:17 +0000 Thanks GJ for the info – sounds very promising… would have to move fast to get the $10K bonus thou… but northshore sounds the pick of the bunch……… will check this out.. and keep you posted…Cheers.

]]> 26b2832e9e2ba529aabfa6e1732cc500 SamAus74 replied to the topic On the way to 2nd IP and trying to find the right strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4405961-on-the-way-to-2nd-ip-and-trying-to-find-the-right-strategy/#post-4664432 Mon, 05 Mar 2012 01:04:59 +0000 Thanks moxi10 and mattsta… but with regard to the mining towns are they not just short term ???Buy a house for $500K and get $1400 per week will produce a postive cash flow in the meantime but will these properties maintain their value or will they drop down at some point in the future and loss occur ??I would be worried long term or are they ok…[Read more]

]]> 2684e8589516ab1bd4b3d53640674799 SamAus74 replied to the topic On the way to 2nd IP and trying to find the right strategy in the forum Help Needed! https://www.propertyinvesting.com/topic/4405961-on-the-way-to-2nd-ip-and-trying-to-find-the-right-strategy/#post-4664425 Wed, 29 Feb 2012 19:34:20 +0000 Thanks Engleo10.., that I guess is my point, where I don’t want to end up not able to move forward to IP 3 or 4 as all properties are negative geared.. Will keep that in mind. Just trying to find properties that arebpostive cash flow might be the trick..

Richard thanks for your comment – the fact you have 40 investments nearly paid off is a…[Read more]

]]> c9cada89a0fdc6f2414cfc1a068ccbef SamAus74 replied to the topic negative geary...does it wear off? in the forum This topic interests me... https://www.propertyinvesting.com/topic/4405896-negative-geary-does-it-wear-off/#post-4664020 Wed, 29 Feb 2012 19:23:15 +0000 This topic interests me… As before going onto my second IP and the way forward I am trying to get my head around where to go with regard to my portfolio.. But I think the majority agree it depends on your circumstances.. As you get closer to retirement whatever age that might be you want your portfolio to be capable to be positive, assuming you…[Read more]

]]> fddbedf8ce56944e95f6483f245c36d5 SamAus74 replied to the topic TOWNSVILLE- Investing in new house and land package in the forum Help Needed! https://www.propertyinvesting.com/topic/4405764-townsville-investing-in-new-house-and-land-package/#post-4662947 Wed, 29 Feb 2012 01:50:53 +0000 Wow G.J. you have done you research… yes I was looking at NRAS but you are right what happens if the goverment changes and they scrap it or change the conidtions.. also i dont think the banks really like that sort of an investment for borrowing power… I have last year built a house in Marsden QLD which impressed me with a number of new…[Read more]

]]> aab311cae4b23f174da6d0a0934f99ee SamAus74 replied to the topic TOWNSVILLE- Investing in new house and land package in the forum Help Needed! https://www.propertyinvesting.com/topic/4405764-townsville-investing-in-new-house-and-land-package/#post-4662944 Tue, 28 Feb 2012 23:02:27 +0000 G.J what was the outcome of your research in Townsville ?? Have you decided if you are going to invest there ?? I am looking at my second IP and considering Townsville but not sure if that is the place to be although heard good things…thanks.Sam.

]]> fdf382c12b6d15f2034049a4687c4d5e SamAus74 replied to the topic QLD Property Market.... Is there hope in sight. in the forum General Property https://www.propertyinvesting.com/topic/4404053-qld-property-market-is-there-hope-in-sight/#post-4650660 Tue, 28 Feb 2012 19:52:30 +0000 I recently built a house in Logan area and rental yeilds are good… Wouldn’t expect them to grow much in the next 12 months but after that I can see some big things in some of the regional qld areas and just out of Brisbane…

But as always dont put all your eggs in one basket..

And agree I would always go for H & L package and not a unit…[Read more]

]]> 1fc462d9ad3d0bc95adb1f31992a95bb SamAus74 replied to the topic Am I really ready for number 3? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405967-am-i-really-ready-for-number-3/#post-4664483 Tue, 28 Feb 2012 19:45:51 +0000 Laury, the debt comment you mentioned is interesting.. Our parents always said never owe anyone anything, not realizing the difference between good debt and bad debt…

I can sleep quiet comfortably knowing I am 1 – 2 million in debt, assuming that if I sold everything today I would at the least break even but more importantly walk away with…[Read more]

]]> b1fea8a29c19c82568c492c758ce5314 SamAus74 replied to the topic Living off Equity concept in the forum Help Needed! https://www.propertyinvesting.com/topic/4405786-living-off-equity-concept/#post-4663115 Mon, 27 Feb 2012 11:22:29 +0000 Property Seeker, what was the outcome on your question? I am not in your position but hope to be in. 5 -7 years.. Then what happens? As in how can one retire if the CG has not happened yet and some properties are still negative… Just wondering before I get there.. Wondering what you have decided….

Sam.,

]]> bf8faca9cda2256c4e6f524f0b23988c SamAus74 replied to the topic On the way to 2nd IP and trying to find the right strategy in the forum Sorry should have provided https://www.propertyinvesting.com/topic/4405961-on-the-way-to-2nd-ip-and-trying-to-find-the-right-strategy/#post-4664422 Mon, 27 Feb 2012 10:22:14 +0000 Sorry should have provided the financials… We have about $300k in equity in PPOR and an income after tax of $8k per month, with 1 dependent. The 1st IP has $420k of IO loan with no other debts…

We don’t have any deposit to talk about… Our hope would be not to go down the renovation track but thanks engelo10 for the reply..

I was hoping…[Read more]

]]> 45c1b4a116c7181165852fb7acbf1391 SamAus74 replied to the topic Investing in NRAS properties in the forum Help Needed! https://www.propertyinvesting.com/topic/4405928-investing-in-nras-properties/#post-4664176 Sat, 25 Feb 2012 01:48:47 +0000 Hey, agree with itsandrew… Have a look at posts by euro73 plus do a search on google of nras and the official website. I am looking at this for our second IP and from all the research I have done I can come up 3 things to keep in mind.

First location and price is very important.. Make sure that you look at the investment not as a nras with the…[Read more]

]]>