Hi Alwayslearning,

I can see were you are coming from, but i see many potential investors, investing in QLD because of property housing there is still much more cheaper than, sydney and melbourne prices.

The average house price affordability in sydney is $460k, while many parts of Brisbane are, no were near those figures, i can see many sydney…[Read more]

sorry but i agree with Bill

cheers
s.i.s

im hope the property boom, holds and carries on till late next year in townsville, though i think you are gonna get more CG from Townsville that Cairns. Cairns was a little pricey and Townsville has plenty of positive CG still to come.

cheers
s.i.s

quote:
Thanks Simon,
Looks like if you bought an investment property after 2000 and did not live in it you can still get the grant, Is that correct?
Rocket

im curious too, does anyone know the answer to this and does it also mean that if i do, one day decide to live in one of my IP and i had no properties purchased or in my name before 1 July…[Read more]

Oh by the way Sandgate is on the Northside of Brisbane.

cheers
s.i.s

Hi Stoph,

G. R. Brown, There Office is situated at Sandgate.

If you are interested, i will post his details on here for you.

cheers
s.i.s

quote:
Is S.I.S really just code for “Margaret Lomas”? This is straight out of her books!

34 years is a good length of time, and I agree that the cashflow you get in the meantime is great. This will probably be what’s making it postitive cashflow – you just pay for it in CGT when you sell.

Hi Rubbachook,

lol… i see you have read her books…[Read more]

Hi Propertyguy and welcome to Property Investing.

Goodluck to you and your Investment Property, and the effort you made, to look, locate and find a IP.

cheers
s.i.s

quote:
Good to see you’re so well sorted out S.I.S! More so that I am, for sure. Never say never, I reckon.

Re your depreciation strategy, though, if you’re depreciating indefinitely, won’t you run out of things to depreciate? You can’t depreciate for more than an item is worth.

How do you envisage that working?

The property is 6 years old,…[Read more]

Hi kay henry, trust me its not a free ride, but i just believe that rent money is dead money. She gets an excellent deal with me. I pay for all expenses for her place, nuthing comes out of her pocket. Lets say for example rent is $250 a week if i didnt live with my grandmother and my weekly expenses are $150 a week that would equal $400 a…[Read more]

Hi Sue,

I like the way you think.

Hi Target, Sue was mentioning the words neutral gearing, ok this is one of my favourite areas on Property Investing. Though i like to call it offset gearing,

In my Opinion that if you are going to move out of you positive geared property, that is providing a positive cashflow, but better yet, passive income on…[Read more]

quote:
The magic question!

You aren’t likely to get too many specific tips from this forum (no-one wants to disclose the location of their goldmine!).

Hi lynchy, i agree with Rubbachook, you will find it hard to get tips on specific locations of were to look, best bet is to just keep on searching and eventually you will find something.

cheers

s.i.s

Hi Guys,

Im gonna give a differnet opinion here, i live with my grandmother, and i choose to live with her, cause i think paying rent is dead money, second thing is, owning your own home, that is not completely paid off, is one of the biggest liabilities you can have.

Earlier this year i purchased a house in Wavell Heights in Brisbane, just…[Read more]

lol, i see melbear, hang on im gonna try to edit the linked i pasted and fixs that error.

lol thanks sister

cheers
s.i.s

i agree, i wouldnt turn up to a property seminar unless its free, property seminars that cost money, well the lecturer is the one or the property guru is the one that makes the most money that night.

Hey Wezwaz, i fill in your caculation. 100 people go to a seminar were the seats are $1000 (by the way this is cheap some seminars are costing…[Read more]

thanks Mel, lol no http://

cheers
s.i.s

Hi mcollins,

I would suggest you get a property manager to look after and report about your property to you. This way you can be hassel free and not have another problem to worry or commit yourself to thinkin every night before you go to bed.

The cost of a property manager is claimable on your tax return, so why not do it for a little piece of…[Read more]

Try checkin out the links for books i have read on another forum

hang on ill paste the link here for you.

http//:www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=5667

cheers
s.i.s

i hope this works

it is also displayed in the top panel.

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cheers
s.i.s

Hi Westan,

Interesting article to read, its interesting to know what the economists are saying, i do agree with them that interest rates are rising, but in the long term i can picture them going up.

What i can see is the interest rates are rising, they will continue to rise, then fall very slightly and then rise up again much more and fall again…[Read more]