Good to see that so many of you guys are doing nicely or setting up your plan to get your portfolio moving. Myself, I have not yet started but I have the capital that I need to get started with my first and maybe second +ve CF property. However I am still undecided on whether to try and wrap or buy and hold. Hopefully I’ll get this…[Read more]
1) What was the prime motivating event in your life that created a focus on the need to invest?
I have always wanted financial freedom but more specifically after reading Steve’s book. I was more excited about it than anything since being a child. I knew where I wanted to be but never knew how to get there. It gave me motivation to explore the…[Read more]
I don’t think that everyone should discount the city areas entirely, as i think that you just need to look a little harder to find the bargins. Eg. I have found 2 commercials in the past few weeks (both of which have not been advertised), that you could buy for less than $190K and were returning $440.00pw rent with most outgoings paid by…[Read more]
I agree, I don’t see the problem. If you make the money, pay the tax. I’d rather have pay some to the Govt than not have any extra at all. I wonder what makes people so Tax adverse….[][][8D]
I live in Sydney, and have asked a few mortgage brokers but most seem totally uninterested and have told me point blank that there is no way it would happen.
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I may be able to help you out – where do you live? Commercial is a bit specialised and outside my area but I know some very good brokers who…