I’ve thought about this same topic alot too. The only way in my opinion is to sacrifice your time. i.e. look for deals before and after work, look for deals on weekends. That means you would need to perhaps give up some things for a short while till you can build up your positive cashflow portfolio.
I don’t think there’s an easy way…[Read more]
Good idea in regards to getting people around your own age as you can probably relate better. However it would be difficult to have a regular all rounded input from everyone due to inexperience of changing markets and therefore changing strategies.
It’s important to mix and listen to people further along the road of investing as they’re…[Read more]
(Sydney Discussion Group)
(Sydney Investors Group)
Or you can get it at:
Product Store – Books – Motivation.
You can also…[Read more]
I was born in Singapore came here when I was 2 1/2. My mum’s from Malaysia and my dad is from Singapore.
On my dad’s side they’re all from China. They were farmers. Somewhere along the line I bet they helped build the great wall !
I don’t know how much 2 bedroom fibro homes cost around the Tweed Shire cause it would depend on the land size and the condition of the house.
There are alot of new units, townhouses and developments around that area mainly 3 bedroom.
A new 3 bedroom townhouse is renting between $280-$305 p.w. Most of them are in estates with pool,…[Read more]
I chose speedy gonzalez because I’m actually quite petite and was quite a good runner at school in sports.
TheWizard because I’m part of another blog board which everyone is called “Keyboard Wizards”. “Wizard” was used hence “TheWizard”.
I have a sponsor child too in Uganda. Also through Compassion. She’s 8 yrs old. I’ve had her for 2 years now.
It’s amazing how a little bit of money from the western world can make such a big difference to other people’s lives which we take for granted like bread and water.
One reason why I sponsored a child was to have a balanced attitude to…[Read more]
I had the same problem with my server too. Was ready at the web page 3 hrs early counting down the minutes, refreshing my page to make sure I didn’t miss any new link or information. Monitoring how many people were actually on the website. Had my mobile and office phone on speed dial to call at exactly 12pm.
Then at 12pm server crashed. Damm…..…[Read more]
My plan in the next 5 years is to:
1.Reduce my non deductible debt
2.Buy 1 IP per year
3.Acquire skills, knowledge and equity from my IP’s to start my own business by the end of the 5th year.
4. Finish my professional qualifications in Finance
5. Build a decent portfolio of shares
6. Buy my own home
However I would like to buy as many…[Read more]
a) Whether your first property was a PPOR or an IP
b) What made you think about buying a first property and
Needed to start investing and accumulating assets.
Needed capital growth and something to live off in retirement.
c)When you found the one you bought, why do that one suit?
Reasonable price, good location near the river, beach,…[Read more]
Most suburbs in Western Sydney are going up.
However what type of tennant do you want ? There are higher chances in attracting an unfavourable tenant in some places than others that could cause more damage to your property.
I am planning to buy in the next 12 months.Hoping to find some good deals as interest rates go up.Probably only buy 1 or 2 properties.
Also depends how much equity I have in my current property.
I put an offer down in January. Due to be settled in July on a SE QLD Property.
It is negatively geared. However I want capital growth in my portfolio to help me buy further properties in the future.
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