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]

[thumbsupanim]

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]

or

http://www.somersoft.com/forums/showthread.php?t=23318
(Sydney Investors Group)

https://www.richmastery.com/NZ/WebShop/productlist.aspx?searchcategory=0&searchsubject=0&searchtitle=You%20need%20a%20rocket&searchkeyword=

https://www.richmastery.com/nz/webshop/productlist.aspx?searchcategory=0&searchsubject=3&searchtitle=Martin%20Ayles&searchkeyword=

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]

TheWizard because I’m part of another blog board which everyone is called “Keyboard Wizards”. “Wizard” was used hence “TheWizard”.

Thanks.

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]

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]

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]

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.

Also depends how much equity I have in my current property.

It is negatively geared. However I want capital growth in my portfolio to help me buy further properties in the future.

It depends what your looking for. Do you want a positive/negative cash flow property ? I would check out the area for yourself and see if you think it would make a good…[Read more]

I work in Sydney for a fund manager in a treasury operations role looking after liquidity needs of Commercial Property Trusts. Been at this role for 2 1/2 years.

I’m also studying to be a Financial Planner.

Aiming to get my first IP by April next year []