Perth has been performing well for the past 18 months, and is continuing to perform well for the moment despite all the interest rate rise.

Of course, nobody has a crystal ball to say if this will continue and if so for how long.

One final test

Slightly harder to pull off in today’s environment, with all the increase in labour and material cost, it would definitely have an impact on your margin.

Having said that though… I was able to do this a few times… the only difference being I did buy/reno/refinance instead of buy/reno/sell.

Too much cost involved with the sell scenario……[Read more]

This is a very old thread that got brought alive!!!

I came across one of their webinars years ago. While the content discussed by the presenters were OK (eg: don’t buy negatively geared properties, focus on good cash flow, etc…), however, it was after I spoke to their consultants as well as being offered some of the products that I decided to…[Read more]

I don’t like how they are broadcasting loudly on this “voice” topic in main stream media every single day, and it makes headlines in news every single day and yet there is so damn little information on.

I was watching SBC news the other day where the journalists interviewed some remote aboriginal leaders and those aboriginal leaders said directly…[Read more]

I reckon it is a combination of:

1. Money are being massively printed and those money has go to somewhere. They are unlikely to go into things that will lose value over time in the long run. In fact, some even go as far as “if government keeps printing money with no limitation or intention to stop, then just buy” kind of thinking.

2. Pandemic…[Read more]

I reckon it is a combination of:

1. Money are being massively printed and those money has go to somewhere. They are unlikely to go into things that will lose value over time in the long run. In fact, some even go as far as “if government keeps printing money with no limitation or intention to stop, then just buy” kind of thinking.

2. Pandemic…[Read more]

Actually, I posted the same in whirlpool forum and the feedback so far has been that Coomera is the only one from those I listed that are worth considering, due to demographic reasons and crime reasons….

Some suggest I look in Logan region, still possible to get a house with 300K, or some better suburbs where we can try to get a newer / better…[Read more]

Actually, I posted the same in whirlpool forum and the feedback so far has been that Coomera is the only one from those I listed that are worth considering, due to demographic reasons and crime reasons….

Some suggest I look in Logan region, still possible to get a house with 300K, or some better suburbs where we can try to get a newer / better…[Read more]

Actually, one thing to add in.

The first step I mentioned to “work out your goal”.

I mentioned this is due to the strategy would be different depending on the goal. This is a “technical reason”.

There is also another reason that I would like to add in. This is more of a “psychological reason”. That is during the process of making investments,…[Read more]

This.

Also per one of my posts in the forum.

Work out what you want to achieve first, then work out a strategy that aligns with your goal (eg: if you want to live of 20+ IPs passive income and be able to quit your job, then the strategy of buying negative gearing IPs probably isn’t going to align with your goal very well).

Then find the right…[Read more]

Both are important.

Without high yield you don’t get serviceability to apply for more borrowing (unless you have an insane amount of cash that you don’t need to borrow)

Without high growth, then you don’t get enough deposit to buy the next one

Instead, it is also important to think which one will break you.

Lack of growth may make things…[Read more]