They reckon they are out there, you just need to look harder.

Me – I’m not wasting my time at the moment.

Yeah I heard Thwaites on the radio as well on the way to work.

Bec – that birdie looks like it was spot on.

I just buy properties in my name. I dont see why you need a business name unless you want to do wraps or something like that to attract people to you.

Only because I fixed one of my largest loans last week for a period of 5 yrs.

I have no idea. One of the problems of negative gearing I suppose. But at least the properties are not in rural or regional Australia. Got to find a positive.

Let me give you my perspective which probably is not the same as Steves.

1. Too late in evening for me this one.
But if you claim depr you reduce the cost base of property and pay more CGT later. But to me thats ok as a deduction now is better than CGT later.

2. Me I prefer IO but I am growth oriented and prefer cash flow. For ve+ properties…[Read more]

A bit of reality finally hitting Brisbane!!!!!

No problem. Send me an email!

I invest in Mentone and Sth Frankston. My aim one day is to live back in Parkdake and buy a house between railway and Beach rd. No hurry though. My kids are not even at primary school yet, but I would like to be there once they start secondary school.

I grew up in Mentone. My wife and I had a unit in Parkdale and sold it and now live in Aspendale. Hello neighbour.

Kay Henry

<<<never compare yourself to others… there’s always lesser and greater… >>>

I try not to compare myself to others. I once tried in trying to get a payrise. My boss effectively told me not to compare myself directly to others, so I have always, since then, tried not too.

I am a similar age to you and been in property similar to…[Read more]

I live in the beachside surburbs of Melbourne.

Chan

<<<<which soon makes a -ve gear become very -ve -ve -ve gear. So I believe anytime is a good time to buy.>>>>

Even with ve- properties, the time to buy is when you can afford it. Time in the market is the key.

Do you do ve+ investing full time? I believe Ve+ investing is a full time job. My main job is well paid so I am after quality…[Read more]

<<<<<yack = neil jenman…lol>>>>>

Well, I am not Neil Jenman. Sure I share alot of his views but in my opinion, He too has his own barrow to push eg. make his group of agents sound the best in Australia.

Me – well I dont think rural properties are good investments. I dont like wraps – there will probably be problems in the future. Property…[Read more]

Leigh

Are you part of that team?

I am not talking about two tier properties. They distort the market.

Historically properties douuble every 7-10 years.

Ok. We have seen great growth of late, so the next cycle may take alot longer. But I still expect properties to double in 10 yrs time – even docklands properties.

But can you wait 10 yrs. Property is a patience game.

Fair enough. Maybe woke up too early.

I always ask my property manager. Try them.

Thnks Dreamer.

But prefer to go it alone.

Bottom line is now is not the time. Maybe 5 years ago was.

I am sick of hearing people and gurus say – you just need to look harder – its your fault if you dont find them.

Remember we are at the height of a property boom. Be patient there will be good opportunities in the future.

Oh- dont forget interest rates may rise in the future which…[Read more]

Good Luck. Thats why I only invest near home.

I dont need the hassles. I hope the extra $2-3k per year is worth the effort.

I notice your example does not allow for any rent – so that should certainly reduce the Interest paid less capital gain and effects of inflation.

But the Biggy to me is – What your income was 5 yrs ago to now and compare it to what is owed.

As I work full time in a professional position, I like to compare my current salary to what is owed. And…[Read more]