PropertyInvesting.com | Tony Fleming | Activity https://www.propertyinvesting.com/members/the-dark-knight/activity/ Activity feed for Tony Fleming. Mon, 06 Apr 2026 02:17:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 115fda41e80cdfd05a1fd1abcaa6a8f7 Tony Fleming's profile was updated https://www.propertyinvesting.com/activity/p/391983/ Sun, 15 Nov 2020 09:22:24 +0000 e23703cdbcd937d6e771bff3f06c8a86 Tony Fleming replied to the topic Advice in Selling Cashflow regional property in the forum Help Needed! https://www.propertyinvesting.com/topic/5046704-advice-in-selling-cashflow-regional-property/#post-5046753 Sat, 09 Jun 2018 00:11:09 +0000 Maybe try some of the property investor facebook groups. A lot of people share deals and properties on there. Best of luck with it all.

]]> f5155423078502a17ff6d80e3cd667f6 Tony Fleming replied to the topic NSW Suburbs - Investing in the forum General Property https://www.propertyinvesting.com/topic/5044495-nsw-suburbs-investing/#post-5046752 Sat, 09 Jun 2018 00:08:36 +0000 Plenty of other states are performing quite well Qld, Tas and SA.

I wouldn’t invest in Sydney at the moment unless you were looking medium to long term. Obviously depends on your strategy and end goal but if you have your heart set on Sydney you could look at creating boarding house style properties close to universities/job hubs. They are quite…[Read more]

]]> ee42c6add332dcd9f892a4c94fe7d88f Tony Fleming replied to the topic House in Hills district to rent out - good decision? in the forum Help Needed! https://www.propertyinvesting.com/topic/5043062-house-in-hills-district-to-rent-out-good-decision/#post-5043112 Mon, 19 Feb 2018 22:26:26 +0000 Stick to the basics close to schools, transport and shops. Vacancy rate is currently very low there.

]]> c1c06c9386641566214b79cbf1e54e04 Tony Fleming replied to the topic Investing with $100k in the forum Help Needed! https://www.propertyinvesting.com/topic/5041617-investing-with-100k/#post-5041626 Fri, 24 Nov 2017 10:32:25 +0000 Terry has nailed it with the best option.

You could go regional but at the end of the day you will have minimal growth unless you do renovation work and a few extra thousand in cash flow compared to a savings account.

]]> a511a14aaa14f94da37f8dd4f7c72107 Tony Fleming replied to the topic Thoughts on Elizabeth SA? in the forum Help Needed! https://www.propertyinvesting.com/topic/5040906-thoughts-on-elizabeth-sa/#post-5040983 Fri, 27 Oct 2017 21:58:02 +0000 I’ve got some in Elizabeth and Salisbury region. If you can afford it I’d try and get into Salisbury over Elizabeth. Better quality tenants, closer to Adelaide and a safer option all round.

Tenant quality is essential in Elizabeth as there are a lot of rent being late scenarios down there. So any property you are considering buying with a tenant…[Read more]

]]> 2be31e6cd5be5a5ddec09d80e40e78ba Tony Fleming replied to the topic HELP! Changing from a IO to P&I loan in the forum Finance https://www.propertyinvesting.com/topic/5040951-help-changing-from-io-to-pi/#post-5040955 Thu, 26 Oct 2017 22:23:10 +0000 I’d talk to a investment focused broker to maybe map out the different options available. Might be worthwhile to switch banks and get a better rate for the principal and interest loan anyway.

I would never rule out investing again. Things change and Sydney might not be unaffordable for ever *fingers crossed*

Happy to pass on broker details we…[Read more]

]]> e984e96d3e7040cca2dfc379ce1ab21b Tony Fleming replied to the topic Should I stay closed to home or invest in interstate? in the forum Help Needed! https://www.propertyinvesting.com/topic/5040903-should-i-stay-closed-to-home-or-invest-in-interstate/#post-5040950 Thu, 26 Oct 2017 12:53:56 +0000 It all comes down to your strategy and what you want to achieve. Half of my portfolio is interstate and as long as you do some thorough research and have a good interstate team(Buyers Agent, property managers, tradies) behind you, you can avoid a lot of headaches and sleepless nights.

A lot of people priced out of Sydney are investing in other…[Read more]

]]> e238dfd19d06cba82e4b556e3be3ee1f Tony Fleming replied to the topic Help needed how to invest 300k Windfall in the forum Help Needed! https://www.propertyinvesting.com/topic/5040624-help-needed-how-to-invest-300k-windfall/#post-5040631 Sun, 15 Oct 2017 09:38:28 +0000 Welcome to the forum Kane.

I’d talk to a broker to work out how much you can borrow as the contract ending will more than likely be an issue. If financing isn;t an issue I’d pay 20% deposits and park the remainder in offset accounts.

I’m currently investing in Adelaide and there are plenty of bargains out there. I’d try an read up on a few…[Read more]

]]> 1d1fdc916d79b1e7ce8d25eb6e62e2c3 Tony Fleming replied to the topic Introductions and advice! in the forum General Property https://www.propertyinvesting.com/topic/5040610-introductions-and-advice/#post-5040619 Sat, 14 Oct 2017 12:18:48 +0000 Welcome to the forums Chantel

1. I was working as a pizza delivery driver before I decided I wanted to build my own portfolio to create a strong passive income. Fourteen properties later I’m now a Buyers Agent and doing what I love every day.
2. Accountants, mortgage brokers, conveyancers, property managers, sales agents, insurance brokers and…[Read more]

]]> b5fed6e02914cbd68acb172370b7ad8f Tony Fleming replied to the topic Introductions and advice! in the forum General Property https://www.propertyinvesting.com/topic/5040610-introductions-and-advice/#post-5040619 Sat, 14 Oct 2017 12:18:48 +0000 Welcome to the forums Chantel

1. I was working as a pizza delivery driver before I decided I wanted to build my own portfolio to create a strong passive income. Fourteen properties later I’m now a Buyers Agent and doing what I love every day.
2. Accountants, mortgage brokers, conveyancers, property managers, sales agents, insurance brokers and…[Read more]

]]> 17fb48fa96f8abffd0c47c61704cb46a Tony Fleming replied to the topic Re-financing in the forum Finance https://www.propertyinvesting.com/topic/5040394-re-financing-2/#post-5040395 Wed, 04 Oct 2017 07:06:32 +0000 When looking for a good broker regarding investment properties I’d check that they are actually an investor. Apart from that check client reviews and check to see if they have a wide range of lenders on their panel.

There are plenty of good brokers on this forum that i’m sure could help.

]]> 8121d569fc38306faca2f285fe8a9271 Tony Fleming replied to the topic The Next BOOM Town... in the forum Help Needed! https://www.propertyinvesting.com/topic/5039771-the-next-boom-town/#post-5039779 Sat, 23 Sep 2017 13:32:11 +0000 I’d also add to look for vacancy rates getting tighter in short periods of time-SQM is great for that. Follow the big retail outlets as well.

]]> 61670b73cd3f0ba682993ac5b4a50227 Tony Fleming replied to the topic Advice on Reno (RURAL VIC) in the forum Value Adding https://www.propertyinvesting.com/topic/5039174-advice-on-reno-rural-vic/#post-5039775 Sat, 23 Sep 2017 12:13:31 +0000 Agree with the pricing on the paint. I had a regional NSW with the cheapest quote coming in at $4200 for internal walls and skirting only on a 117sqm built house.

]]> 192681f06a46a69e4f3e861fa4690086 Tony Fleming replied to the topic Potentially considering a deal, seek assistance from experienced investors in the forum Help Needed! https://www.propertyinvesting.com/topic/5039551-potentially-considering-a-deal-seek-assistance-from-experienced-investors/#post-5039621 Wed, 20 Sep 2017 07:36:24 +0000 Alarm bells are already ringing with the tenant and capital growth inconsistencies. Regional towns generally have very high vacancy rates and if the tenant is a nightmare it could be an issue with the whole towns tenant pool. I’d say partnership breakdown is really they are getting rid off a dud investment.

Are you solely just looking for cash…[Read more]

]]> cbc3ce0464d0ae0043d161c9d63ca618 Tony Fleming replied to the topic First Home onto First Investment Property in the forum General Property https://www.propertyinvesting.com/topic/5039065-first-home-onto-first-investment-property/#post-5039071 Tue, 29 Aug 2017 23:03:21 +0000 Welcome David and congratulation on your first home :)

As Benny said there is a wealth of education on this site and plenty of books out there. Sit back and work out your strategy first before jumping into anything. I found the best way was to work out what your end goal is and in what timeframe. From there you can work backwards and start…[Read more]

]]> d9f5be3275342644959cd96cd23e1b32 Tony Fleming replied to the topic Looking for Positive Cashflow Areas with Growth Potential in the forum General Property https://www.propertyinvesting.com/topic/5034057-looking-for-positive-cashflow-areas-with-growth-potential/#post-5038995 Sun, 27 Aug 2017 23:05:05 +0000 Logan and Albury are solid choices in my opinion.

With Albury focus very strongly on location to shops, schools and transport. As the tenant demographic is usually elderly or single parents especially around the older suburbs. They rent much quicker and you minimise the risk of vacancy.

]]> 8238d7dd0fcaf5315442a65e06117aee Tony Fleming replied to the topic Good buyer advocate for first time investor in the forum Help Needed! https://www.propertyinvesting.com/topic/5038670-good-buyer-advocate-for-first-time-investor/#post-5038680 Fri, 11 Aug 2017 12:25:12 +0000 Hi DG,

As a BA I’m happy to help answer your questions.
– How can I judge whether appointed buyer advocate is trustworthy and will deliver result? Checking their licencing credentials is a must, this can be done on the fair trading website. With hiring any BA I’d ask about their portfolio, style of investing, previous purchases for clients, r…[Read more]

]]> 416610d5411aaa8594785dff9042cfd1 Tony Fleming replied to the topic Good buyer advocate for first time investor in the forum Help Needed! https://www.propertyinvesting.com/topic/5038670-good-buyer-advocate-for-first-time-investor/#post-5038680 Fri, 11 Aug 2017 12:25:12 +0000 e6112e8a047ba200e78b5659f8f83f74 Tony Fleming replied to the topic 250K Cash -- Investment options in the forum Help Needed! https://www.propertyinvesting.com/topic/5038025-250k-cash-investment-options/#post-5038038 Tue, 11 Jul 2017 23:21:52 +0000 Hi Valluvan. I would start by meeting with a investment focused broker to work out your borrowing capacity. At least from there you can work out how much you want to use for PPOR and the rest for an investment. The lending requirements are changing daily so I would personally try and get the PPOR sorted first and than worry about the investment…[Read more]

]]> ce50b33d7eb77022e538c65de2171d65 Tony Fleming replied to the topic How much time to spend researching a area and location? in the forum General Property https://www.propertyinvesting.com/topic/5037666-how-much-time-to-spend-researching-a-area-and-location/#post-5037688 Thu, 22 Jun 2017 11:18:03 +0000 As Nigel said I would be going to as many open homes and auctions in your targeted area to see what buyers are paying and looking for. You’ll also get an idea of who the good and bad agents are. Target the bad ones for buying and the good ones for when you sell.

Apart from that these days there are a number of online programs to make researching…[Read more]

]]> c2d358a77084ee09b42a62335244f3b4 Tony Fleming replied to the topic Almost every area seems to have negative estimated cash flow? in the forum General Property https://www.propertyinvesting.com/topic/5037578-almost-every-area-seems-to-have-negative-estimated-cash-flow/#post-5037598 Mon, 19 Jun 2017 11:53:50 +0000 It all depends on your strategy but negative gearing isn’t the best strategy especially in a city which has just experienced mega growth. You will be buying an asset at the top of the market with low yield. Having said that if you are looking for a long term play it has some merit as the Western Sydney second airport and job hubs will increase…[Read more]

]]> 372291b59e5bf10ca41b0a64b7488ad1 Tony Fleming replied to the topic I need help with making progress in the forum Help Needed! https://www.propertyinvesting.com/topic/5037557-i-need-help-with-making-progress/#post-5037596 Mon, 19 Jun 2017 11:42:35 +0000 The important thing is making sure they have experience in what you need from them. My first broker never had an investment property and it was a disaster. He didn’t know how to structure my loans to maximise borrowing power. It’s mistakes like this that can jeopardise building a strong portfolio.

There are a number of professionals on this…[Read more]

]]> 77156dfa7697341db2fd59f0d001b3d4 Tony Fleming replied to the topic Almost every area seems to have negative estimated cash flow? in the forum General Property https://www.propertyinvesting.com/topic/5037578-almost-every-area-seems-to-have-negative-estimated-cash-flow/#post-5037589 Mon, 19 Jun 2017 11:18:37 +0000 If you are looking Sydney, Melbourne or Perth that sounds about right with the current market in regards to negative cash flow. Adelaide, Brisbane, regional hubs and Hobart are better picks if you are looking for cash flow? Is this the strategy you are interested in?

If so a quick little cash flow trick I use to scan for cash flow for clients…[Read more]

]]> 77156dfa7697341db2fd59f0d001b3d4 Tony Fleming replied to the topic Almost every area seems to have negative estimated cash flow? in the forum General Property https://www.propertyinvesting.com/topic/5037578-almost-every-area-seems-to-have-negative-estimated-cash-flow/#post-5037589 Mon, 19 Jun 2017 11:18:37 +0000 If you are looking Sydney, Melbourne or Perth that sounds about right with the current market in regards to negative cash flow. Adelaide, Brisbane, regional hubs and Hobart are better picks if you are looking for cash flow? Is this the strategy you are interested in?

If so a quick little cash flow trick I use to scan for cash flow for clients…[Read more]

]]> 6f44d73525a351cd204f3ecfd06c1319 Tony Fleming replied to the topic Almost every area seems to have negative estimated cash flow? in the forum General Property https://www.propertyinvesting.com/topic/5037578-almost-every-area-seems-to-have-negative-estimated-cash-flow/#post-5037589 Mon, 19 Jun 2017 11:18:37 +0000 If you are looking Sydney, Melbourne or Perth that sounds about right with the current market in regards to negative cash flow. Adelaide, Brisbane, regional hubs and Hobart are better picks if you are looking for cash flow? Is this the strategy you are interested in?

If so a quick little cash flow trick I use to scan for cash flow for clients…[Read more]

]]> e2206f34d3f86eced03b1512cb672739 Tony Fleming's profile was updated https://www.propertyinvesting.com/activity/p/360579/ Sat, 17 Jun 2017 11:32:11 +0000 55cc44455d88a4867772626608852eff Tony Fleming replied to the topic I need help with making progress in the forum Help Needed! https://www.propertyinvesting.com/topic/5037557-i-need-help-with-making-progress/#post-5037561 Sat, 17 Jun 2017 11:29:45 +0000 Welcome to the forum! It’s a great source of information and great way of networking. If you would like to meet like minded people similar sites have property meet ups in different states.

I would start reading up on as many different property strategies and work out which one will work best for you. From there you can start building a team of…[Read more]

]]> 48f20907bd37a09e2d1c85bb5588177a Tony Fleming replied to the topic Where to from here? in the forum Help Needed! https://www.propertyinvesting.com/topic/5037506-where-to-from-here-6/#post-5037508 Tue, 13 Jun 2017 13:57:00 +0000 Hey Matt congrats on your purchase and welcome to the forum.

Corey Batt from Precision Funding is a regular on here who is an investor and mortgage expert. Helped clients and myself plenty of times with financing, tax and asset protection.

The best thing to do if you are unsure how to proceed is work out a strategy that suits your goals and…[Read more]

]]> 309c7271d2eb0e09367e8dfc67fd3643 Tony Fleming replied to the topic MAXXED OUT BORROWING CAPAICTY in the forum General Property https://www.propertyinvesting.com/topic/5037103-maxxed-out-borrowing-capaicty/#post-5037109 Thu, 25 May 2017 13:00:46 +0000 I’d talk to Corey Batt from Precision Funding. They are located in SA but in this day and age everything is done through phone, Skype or email anyway so location wouldn’t be an issue.

As for the $180K you still have some options out there. Dependant on your strategy but there are some Regional NSW suburbs and areas in Adelaide that you could get…[Read more]

]]> cdcdc9107e28223dc74579918bcbaa56 Tony Fleming replied to the topic Looking for Positive Cashflow Areas with Growth Potential in the forum General Property https://www.propertyinvesting.com/topic/5034057-looking-for-positive-cashflow-areas-with-growth-potential/#post-5035152 Fri, 12 May 2017 13:20:52 +0000 Hey Ajay,
If you are looking for strong cash flow. I would recommend Albury/Orange/Wagga Wagga. I invest heavily in Albury. Steady growth, strong yields, good tenant demographic etc. Like any investment make sure you do your homework. I’d try and buy with a tenant in place if possible as most regionals have a higher vacancy rate.

]]> 3f8202e7917b7caf5a3d9a76ed62bdba Tony Fleming replied to the topic Where to invest in 2017 for first tme investors in the forum Help Needed! https://www.propertyinvesting.com/topic/5032900-where-to-invest-in-2017-for-first-tme-investors/#post-5033027 Thu, 16 Feb 2017 23:30:55 +0000 Hi Shehan as others have stated I would do plenty of research and networking to develop a strategy that suits your goals. Once you have developed a strategy then you can work out the type of properties you want to target.

Best of luck!

]]> ada73e6aad61515caede9429eeac2f50 Tony Fleming replied to the topic Sydney meetings?? in the forum Heads Up! https://www.propertyinvesting.com/topic/5031896-sydney-meetings-2/#post-5033026 Thu, 16 Feb 2017 23:14:10 +0000 No problem mate. It’s going to be a great night!

]]> 7e939337d3d07ff1381b7c0266000819 Tony Fleming replied to the topic Sydney meetings?? in the forum Heads Up! https://www.propertyinvesting.com/topic/5031896-sydney-meetings-2/#post-5033002 Wed, 15 Feb 2017 21:56:44 +0000 Hey Naomi and Anthony. There is a meet up on the 28th that may interest you. I will be there as one of the panelists :)

https://www.propertyinvesting.com/topic/5033001-sydney-questions-drinks-meetup/

]]> 203b0872c5ebdaf3b3da9bfb6e90fa3d Tony Fleming started the topic Sydney Questions & Drinks Meetup in the forum Heads Up! https://www.propertyinvesting.com/topic/5033001-sydney-questions-drinks-meetup/ Wed, 15 Feb 2017 21:53:40 +0000 The wonderful team at Young Property Investor have organised a question and answer night for anyone interested in getting their foot on the property ladder, property investing, wealth creation and networking.

We have successful investors, financial planners, brokers, buyers agent and developers on hand to answer any questions you may have as well…[Read more]

]]> d03f08bad892ff06250efe0a21b3e1c9 Tony Fleming replied to the topic HELP! Caught in negative gearing and refinancing strategy/trap in the forum Help Needed! https://www.propertyinvesting.com/topic/5032877-help-caught-in-negative-gearing-and-refinancing-strategytrap/#post-5032896 Thu, 09 Feb 2017 21:45:12 +0000 Hey newbie2015 I’d talk to another broker to make sure every possible option is available to you. Still sounds like you may have some options available to you. Is company x helping or have they disappeared since getting the money?

]]> cc4708580cc694aa732808d993356022 Tony Fleming replied to the topic Sydney meetings?? in the forum Heads Up! https://www.propertyinvesting.com/topic/5031896-sydney-meetings-2/#post-5032849 Tue, 07 Feb 2017 12:07:01 +0000 Hi everyone there is a meet up in Sydney CBD this Thursday for anyone interested.

]]> c3304d4bc50f7160fb6b5df4aa0b9de6 Tony Fleming replied to the topic Stuck...need help in the forum Help Needed! https://www.propertyinvesting.com/topic/5032748-stuck-need-help/#post-5032759 Sat, 04 Feb 2017 09:42:25 +0000 Hi Jad.

Where abouts in regional NSW are you buying that has limitations on LVR?

I would personally try and add value to your current properties to try and create some sweat equity. Maybe have a chat to an investment savvy broker on here so all your options are available to you.

]]> b0c478e11a3d715faac78ae67ee49e90 Tony Fleming replied to the topic Wanted Cherie Barber renovating for profit course with trade card in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/5028759-wanted-cherie-barber-renovating-for-profit-course-with-trade-card/#post-5032472 Sat, 14 Jan 2017 23:17:34 +0000 Next in line :)

]]> 48fd75897dff77e75916c1f2b8a5770f Tony Fleming replied to the topic MENTOR WANTED - Flipping in the forum Help Needed! https://www.propertyinvesting.com/topic/5032466-mentor-wanted-flipping/#post-5032471 Sat, 14 Jan 2017 23:15:56 +0000 Hi Jade,

Flipping at the moment can be very risky. Did you want to start with flipping to get enough deposits for your buy and hold properties? Most investors start with buy and hold then move to flipping as their borrowing power dries up.

I’d personally just look at buying undervalued properties with renovation potential. Try and draw out…[Read more]

]]> 420437e2f5b748317e327701ed404e12 Tony Fleming replied to the topic Hold & Sell Criteria - examples?? in the forum General Property https://www.propertyinvesting.com/topic/5032353-hold-sell-criteria-examples/#post-5032355 Mon, 09 Jan 2017 22:51:37 +0000 Something cash flow positive at 9% to 10% interest rates in residential property will be difficult to find unless you are putting down large deposits. Might be able to pull it off if your buying unit blocks in regional areas. I think it will be a very long time before interest rates get that high though.

If you are looking for easy on sell…[Read more]

]]> a3e64d0ad7dd9c1aca301a7c79f25f96 Tony Fleming replied to the topic Investing in adelaide in the forum Help Needed! https://www.propertyinvesting.com/topic/5032321-investing-in-adelaide-2/#post-5032325 Sun, 08 Jan 2017 06:51:35 +0000 Hi and welcome Symo.

I would have a chat to a broker to work out your borrowing power. Once you’ve worked that out you can determine if an IP before a PPOR is a viable option. Have you looked at Rentvesting as an option? Apart from that just keep reading/researching, find a mentor who’s strategy suits yours and start putting a plan in place to…[Read more]

]]> 20eae30a5cfefa1941304a2195231104 Tony Fleming replied to the topic First IP in QLD... Purchase Process in the forum Help Needed! https://www.propertyinvesting.com/topic/5032265-first-ip-in-qld-purchase-process/#post-5032266 Tue, 03 Jan 2017 09:34:16 +0000 Congrats on your first IP. Each State/territory has different contracts and procedures. There are some conveyancers that do multiple states. I’d suggest talking to some investors on the ground in QLD and try and find who they are using and the best way to proceed. Talk to them first before you starting putting offers down.

I haven’t got around…[Read more]

]]> f0df093bf2ce2093829562ec5738e1d1 Tony Fleming replied to the topic buying investment property in low socioeconomic suburb in the forum Help Needed! https://www.propertyinvesting.com/topic/5032225-buying-investment-property-in-low-socioeconomic-suburb/#post-5032247 Mon, 02 Jan 2017 10:13:54 +0000 As others have stated low socio economic properties are not something to be afraid off. You have higher tenant demand, better yields, lower entry price and if you pick right can get some steady cashflow and equity. Plenty of good options in Adelaide, Brisbane and regional NSW areas.

]]> 10b76177fca1b1d148a9647363c5ba7e Tony Fleming replied to the topic Rentvesting Advice in the forum Creative Investing https://www.propertyinvesting.com/topic/5032191-rentvesting-advice/#post-5032224 Sun, 01 Jan 2017 23:07:02 +0000 Thanks guys. Yeah the comments are an eye opener about how people perceive property investors or people trying to better their lives.

]]> 1295ee9816561daef1283c954514944f Tony Fleming replied to the topic Rentvesting Advice in the forum Creative Investing https://www.propertyinvesting.com/topic/5032191-rentvesting-advice/#post-5032204 Sat, 31 Dec 2016 06:29:56 +0000 Hi Benny yeah similar story just had a strong savings plan and started buying under value properties, renovating and renting so strong cash flow and equity to just keeping pushing on. I’ve invested mainly in Sydney, Regional NSW and SA at the moment.

My latest media was…[Read more]

]]> 16e983fbd61de52ecf2ee90633baf6bb Tony Fleming replied to the topic Rentvesting Advice in the forum Creative Investing https://www.propertyinvesting.com/topic/5032191-rentvesting-advice/#post-5032198 Fri, 30 Dec 2016 22:41:48 +0000 Benny has nailed it! The money is still there for emergencies/next deposit in the offset reducing interest plus the LMI is deductible.

]]> 4d36970b563a73875870a50ae2de2b3f Tony Fleming replied to the topic Rentvesting Advice in the forum Creative Investing https://www.propertyinvesting.com/topic/5032191-rentvesting-advice/#post-5032192 Fri, 30 Dec 2016 12:26:03 +0000 1) That is 100% NOT tax deductible! Where did you read that?
2) I was in a similar position savings wise when I first started investing, I was a pizza delivery driver and managed to get 14 properties. The key is to save hard and invest harder, make sure the investment property is below value, create sweat equity and have strong cash flow.

I’d…[Read more]

]]> 58e9f9c48c2ea63237a4d098a9882865 Tony Fleming replied to the topic Increase Property portfolio in the forum Creative Investing https://www.propertyinvesting.com/topic/5032109-increase-property-portfolio/#post-5032132 Tue, 27 Dec 2016 00:04:21 +0000 Before you do anything I’d chat to a broker and a accountant. No point using equity from your house if you have no serviceability to keep moving forward and a accountant will help with bitty gritty tax issues that will arise.

There are other options if you want to make your IP’s positive and keep buying. Are the properties in the best condition…[Read more]

]]> 51e4fe3e20e791e187ff9b1e34a23bc2 Tony Fleming replied to the topic Small houses/shipping container homes/similar. in the forum Help Needed! https://www.propertyinvesting.com/topic/5032119-small-housesshipping-container-homessimilar/#post-5032124 Mon, 26 Dec 2016 11:24:55 +0000 You need council approval for both cabins and shipping containers which can be difficult. A lot of councils don’t like shipping containers and the remaining don’t let them be visible from street view. The main issues are not many tenants would want to stay in a shipping container or the quality of tenant you would attract.

For that effort you…[Read more]

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