im confused, is this seriously real or is this a fun joke, please answer cause if it is real i am interested.

thanks still_in_school

Hey Westan, yeah that deal is here in australia, though that is my best cheapest deal, though the second cheapest i have is $58,000 they are here to find but there there like findin a pin in haystack the real cheap ones, but theres plenty of $80k – $120k though they are just neutral properties, but it give it a shot and im sure you will find…[Read more]

Thanks Westan, i will take a note of what you said, i do take what you say into consideration and use the same approach as what you have said when investing.

thanks for pointin it out

Hi Westan,

ive notice that too, there is a definite, decrease in how many there were from how long ago were there were many,

but do you think, this might sound crazy but ok Steve book sold over 20,000 copies and i bet still counting and close to 30,000.

Now lets say there are 10,000 people who read steves book and took it quite serious and all…[Read more]

i would raise it up by $7 (this is $1 a day, $365 days a year). Also it will depend on your lease agreement you have with them, if you are allowed to, there are no reason in stoppin you at all, also another thing, adding new locks to your door, if for example they were deadlocks this will decrease you insurance as it is some form of protection…[Read more]

hey powmow,

you sound very eager and you got the fire and will, to me you seem your really ready to invest, take my advice, speak to your bank and see how much you can borrow straight up, also ask your parents and see if they will guarnator you in your first property, doing this will help convice them about +ve gearing.

and im also happy to see…[Read more]

soryr guys, they havent been take out, but when i look at property, i look at it how much money it would put in my pocket a week and how i can invest that money, all monies i make i dont touch,

ok to clarify what you guys said all those extra expense im not worried about, yes they may be outer pocket expense but they are claimable on your tax…[Read more]

hey steveod,

i hear you, im worried and im sure its part of the forum rules that i cant do it, but if you want tell me what problems you are having with your excel spreadsheet to caculate a figure and i will be happy to answer it for you and tell you how, but remember only use the excel spread sheet as a guidance but you must still get pre…[Read more]

though i am very different to how steve preaches,

i like to invest my passive profits into negative geared properties i have.

Doing it this way i dont have to fund these propertys at all or any other outer pocket expense,

Also doing this, i have learnt that were you make a profit you have to make a loss, (to me doing this i can maximise my tax…[Read more]

Here you go Powmow

ok here how it works,

i purchased the property for $43,000 my interest rate is 5.25% over 30 years but that is fixed/variable but i have 3 years fixed

so the bank wants $59.36 a week my property rents at $120.00 a week

To work out the yield this is how you do it, and this will still appy to 1 week to 1 year as the amounts…[Read more]

sure can hold on

there are plenty of +ve cash flow properties, just keep searching, i swear i find one in every search i do, and i havent searched in a week only reason is causei have to wait for some more finance.

look harder

another thing too, see if you can get that $85,000.00 negotiated, paying a little less for it can make a big difference

Congratulations Arty, job well done!

Read Steves book

Here is a good saying, “if you want to be a milionaire, speak to some one who is already a millionaire”

Now lets say if you want to own more IP talk to someone who owns many IP and ask him or her how they did it.

This way you are gettin the information from someone who knows what they are talkin about.

quote:
QLD 007, when you refer to QLD regional towns, I take it that you are referring to Nth QLD (Cairns, Townsville, etc.)? As a local, what trends have you observed (particularly, affordability, capital gains, vacancy rates?)

Hi jester, maybe i can be some help,

i will set out an example for you below of a +ve cash flow property.

eg.…[Read more]

thanks terryw, i will look at that as soon as i can, i spoke to the bank and the real estate agent, what i thought up was i could get to organise subject to finance and allow a 3 week period for that, if the vendor agrees, well im in luck but not i guess ill have to keep trying.

i will disagree, many of the +ve cash flow properties i have purchased, i have been able to use 100% equity and only have had to pay for was legals and stamp duty.

Most the properties i have purchased at 100% equity that are +ve cash flow are between the 25% – 51% yeild return a week or annual, 13% is good but take into consideration does that…[Read more]

Hey guys, i notice theres alot of people here my age.

Hi to all, let me introduce my self, 20 and still in uni and male too…lol

alright here is my advice.

i bought my first property at the begin of this year and many more, the way i did it was i went to the bank and i asked them straight up how much i could borrow and how much deposit i would…[Read more]