Sebastian,

Count me in. I assume by the comments posted thus far, there are networks functioning on the east coast. How do these work? Besides a person(s) to coordinate the effort what else is required to make one successful?

Andrew

I do not yet own any IP’s but am seriously looking and would be interested in any sort of network to assist with idea development, goal achievment, area selection etc.

Are there other Perth people whom may be interetsed in this?

Andrew

I have been following this thread with great interest as I learn more about the “art” of investing in real estate. I think I have followed this through successfully but if you could make a new thread and walk through the example again with the original numbers and final correct calculation formula I would greatly appreciate it.

Thanks in advance,
Andrew

I too am looking for a positively geared opportunity in Perth. I haven’t done any serious hunting as yet, but from what I have seen so far, it seems rents are quite low as compared to purchase prices, especially for single houses. Can looking for a positively geared oppotunity drive you to purcahse a specific type of buidling (i.e. flat as…[Read more]

Thanks for the overwhelming consensus. While I want as much feedback from this forum as possible (and I am amazed at how much information there is here) I still want to have an accountant cross the t’s and dot the i’s and help with our specific case.

We are in Perth – can anyone recommend a good accountant?

Thanks.

Thanks for the advice. We do have an accountant which I intend to run all scenarios past. As you suggest I am looking for all possible strategies so we can weigh the pros and cons.

Are there any other strategies we should consider – that is ther than depositing the $50k into our home mortgage and then redrawing it?