Scott

Hi and welcome to a fantatis adventure[]

I was wondering if you did a search the the 11 sec sol on this site or on the internet? I know it’s a dumb question but you never know!

Leigh K[]

“If you will take on your self-doubt and laziness, you will find the door to your freedom.”
-Robert Kiyosaki

Hi jg1234

quote:For these positive cashflow properties that have no/low capital growth. Why would an investor purchase it if vacancy and bad tenants can be an issue. Eventhough theoretically you do get a good return, but you still need to consider if you don’t get rent or damage occurs. Also, if the property is too old, there is no depreciation…

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Thanks guys that really does help to clarify the situation.

Kind regards
Leigh K[]

“If you will take on your self-doubt and laziness, you will find the door to your freedom.”
-Robert Kiyosaki

Hi Steve

I have read and listened to everything you have put out so far with the exception of the wraps library.

I find your material interesting, useful and most importantly easy to understand. So I thank you for the opportunity to contribute to your upcoming works.

I do agree with Brett

quote:Firstly, as an introduction to the book, when you…

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Leigh

This is a sketchy responce because the events happened about 4 years ago, but we looked at a place in the Bulleen area of Melb, for our PPOR it was incomplete and really only needed finishing internally (kitchen, bathrooms etc) and we thought it would instantly earn us 200k upon completion.

After contacting the council we found out the…[Read more]

I received mine today, and haven’t read it properly but of the bits I did read, I cant agree more that it is well and truely worth every penny. Amazing!

I hope it will be made available to others after the APIM that couldnt attend it.

Well done Steve & Paul and the others involved in bringing this to the market.

Cheers
Leigh K

“If you will…[Read more]

By the way, also use the search engine on this forum to find possible locations, I do remember finding a discussion that was compiled listing areas people thought were going really well. It was about Victoria regions though.

LK

“If you will take on your self-doubt and laziness, you will find the door to your freedom.”
-Robert Kiyosaki

bk319

I just wanted to add that when people dont anwser this type of question with a location for you, they arent trying to keep all the good stuff to themselves. It is truely to help you find them for yourself.

I was an instant expert after I found my first one, well for about a minute. And I was really proud that I did without help. I am also…[Read more]

Bugger, I even checked the spelling of Goss!

Cheers
Leigh K[]

“If you will take on your self-doubt and laziness, you will find the door to your freedom.”
-Robert Kiyosaki

AD

I would like to thank you for the advice you give, I have read much of your advice in the past month and it is always, real, honest thoughful and practical, you know no bullshit![]

With regards to this immediate advice above, I think from a newbie point of view that it has probably given me the greatest insite into what could lay ahead.

I…[Read more]

Hi folks

I just love adding 2 cents[]

Well I personally enjoy reading his books and am currently reading my third (Retire Young, Retire Rich) and I beleive in taking most things for face value, he never said he was going to write a text book. Like Steve, Robert’s books have motivated me into action, that is worth the price of a book.

As to…[Read more]

Hi Scott

I really love this comment from Quasimodo

quote:If we were all as afraid of inaction as of being conned (ie making a mistake) our results would amaze us.

Quasimodo

Cheers
Leigh K

“If you will take on your self-doubt and laziness, you will find the door to your freedom.”
-Robert Kiyosaki

I have read about this case in API Mag this month. Interesting situation from a newbie point of view.

Roughly the Harts had $X of deductions for compound interest, rejected by the ATO and now there is an appeal with final ruling due in June as to whether “people” with “split loans” will have to pay back the claimed deductions received to date as…[Read more]

Hi Steve

I was just having another read of ths thread and wondered what it was that prompted you to raise this topic. Was it an observation that many questions revolve around the getting every little dollar discount or tax deduction etc.? Was it a test? And what was your take?

Anyway thanks it was thought provoking.

Cheers
Leigh K []

“If you…[Read more]

Hey Phooper

Thanks for sharing that experience and incite. I have been reading Retire Young Retire Rich by Robert Kyosaki, and it seems that you have both had the same revelations, congratulations.

I too (believe I have) have come the same revelation but! I have noticed that, like with dieting, there are always people that want to hold you back…[Read more]

Hi Rick_H & Partner

Welcome to the forum [].

My husband and I are also new to property investing, and in December last year we felt that we had best get on and start investing. We had been to a number of FREE negative gearing information evening and had the representatives visit our home so we could pump them for advice [][][][][xx(].

So whilst…[Read more]

Here’s my 2 cents

I think (without disrespect) that Margret Lomas is refering very generally to a type of property investor in the market place. Being the average mum and dad with some equity to use and a friend said an investment property would be a good idea. They go looking for a place similar to their own … “so if we need to we can move…[Read more]

Hi Steve

I agree with AD that property investing is about people (learnt that from you[]), however I also think that to be a professional property investor is a life decision and you have to be in it for the long haul. Therefore looking at the big picture.

You should be able to say, can I see myself doing this in XX years? And the answer should…[Read more]

Hi FNQ2002

LOC stands for Line of credit, and when I started using this site a few people told me to use the search facility in this forum as many topics are discussed frequently and you can learn a lot by reading back through these discussions.

So go to the search engine and type in LOC or line of credit and see how you go.

Cheers
Leigh K

“If…[Read more]

Hi Willie

I took am not overly strong on the financial side of things. But I do beleive, that’s just a problem for me to solve – I can learn that.

Since spending time in this forum (mostly) and others my financial understand has already increased. I have learnt to work out my Debt Servicing Ratio, Cash on Cash Returns amoungst other things.

As…[Read more]