r_windows wrote:
stock market will bust around 2010 when the the baby boomers start to retire at age 65 and take there cash out of superannuation and managed funds. Interest rates will rise and property boom will be on but we will see many foreclosures ripe for picking.

I have been thinking about this for a while too, my thoughts were that when…[Read more]

I am glad to hear you and your partner are striving towards your goals,…. alot of people put owning a property in the to hard basket, it's so much easy to blame house prices, the government and interest rates.

Myap wrote:
thanks really helpful. You are a genius! I will take what you said in consideration and try my very very best to practise it. Again. freckin brilliant! You are somthing very special! Your friend Matt

Sorry if I offended you with my tongue in cheek answer,I actually thought that this thread was a prank, surely If your 19 and you have…[Read more]

Dead Cat,your first post defending generation Y may having been refering to some of my comments,I am a member of generation Y myself,  I am not some baby boomer looking down on todays generation, I turned 25 in march and have certainly not found it difficult to get into investing in property. So the market has changed, affordability has…[Read more]

Maybe try a timber mill, They maybe be able to make a batch to order,which side of bris vegas you on,… in the north side you could try narangba timbers

The person holding the silver spoon in your mouth should be able to offer some good advice,

Your right Jon, alot of young people have really high expectations, My girlfriends bestfriend was complaining about 2 weeks ago that she hates the fact that she is 26 and still forced to live with her parents because she refuse's to pay what she classes as 'High' rents, and she said house prices so high there is no way she could afford to by a hou…[Read more]

I don't understand how the profit from selling your car can leagally be tax free, wouldn.t it have to be declared as income.secondly, a car is not an income producing asset, it may increase in value but unless you are renting it out you have no weekly income from it, but you will be incurring holding costs such as insurance. I would approach this…[Read more]

kum yin lau wrote:
House prices can and do come down but who can tell me when? Million dollar question, isn't it? I'll be happy with 5% growth pa.Good luck,Kum Yin

Would you really be happy with 5% growth, when your intrest rate on your loan is 8% and inflation hitting 4%,  

Please excuse my ignorance, but what is land banking I have not heard of this term before,

+ cash flow after tax means that the property might be slighlty negative geared, how ever after you have claimed depreatation and other costs it produces a + return into your tax return,On another note if you are paying P + I repayments I would suggest put your loan onto interest only so you have more  more cash flow to clear down your debt on…[Read more]

Investing just to offset tax is never a good stratergy, after all what is the piont in earning a $ then going and losing it just so you don't have to pay tax on it.Negative gearing should be a short term stratergy and only applied where you are sure your capital growth will offset the amount you lose in holding costs, remember that property only…[Read more]

I believe there is a lot of other factors affecting the prices of WA property than the mining boom alone.

a free man wrote:
 They went on to say maybe this will be a one in a hundred year resource boom? Who knows but imagine if they are right what will that do to house prices? You should check out their site great for research.

If you believe there will be a one in a hundred year resourse boom, buying property isn't really the best way to take…[Read more]

Any longterm lease should have slightly higher rent (even $5 a week), with an annual rental increase built into it,.I have a lease on one property where I have written into the lease that there is an annual rent increase of Cpi the previous year + 1.5%

As Devo said, in a down town the game is just really survival, if you only hold one or two properties then I probally won't risk trying to time the market buying and selling, just hold on to you investments and focus building your cash flow and reducing debt, If you have built up a portfoilo of over 3 properties and you are confident that you have…[Read more]

Boom or recession I don't think property investors will be hit the hardest, At the end of the day middle and lower income residential property is in my book almost defensive asset, When people run short of cash, they may cancel the family holiday to the gold coast, eat out less, buy less consumer products, but they will probally still be paying…[Read more]

Debt should be taken care of in this order,All tax deductable debt placed onto interest only until all non taxdeductable debt is cleared,make repayments on the non tax deductable debt first, focusing extra repayments on the loan with the highest interest, as you clear each loan add the repayments that you used to make on the loan you have now…[Read more]

I would like to invest overseas in the future, I think you have to have you investing skills at a whole new level to attempt this kind of thing though, as Winter tail said you have to have a full understanding of the market your investing in, and currency risk's,

I paid $450 each for my properties in brisbane,…. get "deppro" to give you a qoute