If they are offshore, I feel their impact could be no greater on the environment than the many oil rigs currently installed around our continent (North-West Shelf etc.)

As for onshore installations, I am sure the impact will be nowhere near…[Read more]

I have done a bit of my own research on the viability of wind as an alternate source of energy, however, I feel that hydro-power generated by turbines installed across narrow coastal channels could provide a much more regular supply – the tide will flow as long as the Earth spins and the moon remains in orbit around us.

A broad…[Read more]

They have developed and patented technology to assist in balancing energy supply despite peaks and troughs in wind. i.e. excess electricity…[Read more]

Mathew, your point about temperature rises in the days after 9/11 are interesting – was it a worldwide trend? Does anybody know what the long-term effects might…[Read more]

“There is no such thing as cold, it is merely a lack of heat”

Someone once told me this and I dismissed it as stupid, probably because I didn’t understand what they were saying, but it makes sense to me now.

Heat can very easily be created as we go about our daily business -…[Read more]

This is just what I wanted – a few people with different views on the topic!

Frank – I’ll be the first to admit that I don’t know everything about global warming, my first point was (and still is) merely a gut feeling I suppose. Correct me if I’m wrong, but it is now a widely known fact that carbon emissions deplete ozone particles in…[Read more]

Wasn’t sure if it was possible at all – will speak with my solicitor and REA about it.

I personally will be moving out of the block to lease out the unit I currently own, hopefully in the next 6 months or so, so the change of address issue will occur naturally and the rent I earn will further assist in obtaining finance.

Thanks…[Read more]

If I could use its current state as an excuse to put in a very low offer, I could spend about $20k on it to increase its value by about $60k and then lease it (TO GOOD TENANTS) for a rate that would…[Read more]

As for another idea of mine, what are the tax implications for significant cosmetic improvements? Currently, all the walls are exposed brick and I think a significant amount of value could be added if this…[Read more]

The account itself is only a couple of years old, so the opening balance at the beginning of the last financial year was just over $2,000. My contributions for the last financial year were a little over $4,500. I’ve been taxed 15% on the…[Read more]

That link was great Terry – austlii is a great website if you know what you’re looking for.

Cheers

Age doesn’t negate effort – you can never be too young or too old.

The Rich Dad, Poor Dad series is excellent, but I would personally recommend The Richest Man In Babylon as a starting point. It will give you the initial…[Read more]

In regards to them, I personally recommend:

1) Reign in your spending – for someone your age, you are earning fairly good money, so don’t let it “burn a hole in your pocket”. If you are going to buy your first property, you are going to have to…[Read more]

To get the FHOG you must move into the property within the…[Read more]

Regardless of the total market picture there is always individual properties that represent good buying.

Michael, I think you have hit the nail on the head!!!

Age doesn’t negate effort – you can never be too young or too old.

Age doesn’t negate effort – you can never be too young or too old.

-I live in a relatively large regional city.
-Yes, I am young
-No I am not gambling – I was just using a “general” scenario, as that seems to be what everyone likes and can understand. Just like those generalisations I have been critical of.
-No, MasterREL, I do not want to buy your house for a…[Read more]

Age doesn’t negate effort – you can never be too young or too old.

In regards to your question:
I am not necessarily looking for massive capital growth or even cashflow returns, to my way of thinking, we as investors aim to generate wealth using Other People’s Money (OPM). Let’s say an investor buys…[Read more]

1) Stamp duty – NIL (only if it is your first home purchase in NSW.) I…[Read more]

1) I don’t actually own any property yet, so I’ve got nothing to lose.
2) I am keen to learn, so I’d like to open myself up to the views of people who are already at…[Read more]

One thing I have noticed, however, is that, after a couple of days I have not received a “yes” or “no” common-sense response to my inquiry about my chances of gaining finance, or why a colleague (who is under the same employment arrangements) is able to do what he has done.

Perhaps I should change my profile…[Read more]

Age doesn’t negate effort – you can never be too young or too old.

Landlord insurance is like most other forms of insurance – it is not necessarily a legal requirement, but it’s a bloody good idea.

Age doesn’t negate effort – you can never be too…[Read more]

Age doesn’t negate effort – you can never be too young or too old.

Cheers,
Spank

Age doesn’t negate effort – you can never be too young or too old.

Spank

Age doesn’t negate effort – you can never be…[Read more]

Just my thoughts, whaddya reckon?

Spank

Age doesn’t negate…[Read more]

Age doesn’t negate…[Read more]

What are your ideas on property investing in this atmosphere?

Since nobody picked up and answered this question for Marsden, I thought I’d throw my two cents in:
Buy nursing homes.

Age doesn’t negate effort – you can never be too young or too old.

While it doesn’t cover IP specifically, I must say that “The Richest Man in Babylon” by George S. Clason is a must read for anyone who is interested in wealth creation.

Age…[Read more]

Age doesn’t negate effort – you can never be too young or too old.

Age doesn’t negate effort – you can never…[Read more]

Age doesn’t negate effort – you can never be too young or too old.

Can I ask where you are from – every Woollies I’ve ever been to doesn’t make smokers wait – maybe we…[Read more]

I think he learned his lesson.

Age doesn’t…[Read more]

Forget the peer pressure – I know exactly what you mean – in fact, I have told very few of my “friends” about my aspirations to buy property. Their idea of getting rich means going to uni, getting a good degree, finding a good job and buying a nice house in the suburbs with…[Read more]