For a nanosecond I thought I had died and went to investor heaven there.

I go for 105% made up of 80% on the property and 25% from LOC.  My objective is to maximize my deductible debt and my cash offsets against and minimise my non-deductible debt. Like the other poster my overall LVR is less than 105% more like 80% but that will reduce when  I settle on a property that I am currently selling and have a contract on.

I bought a house in Hampton initially to live in with an option of staying there long term.  Its a great area, schools, village, beach, train. 20 mins drive to St Kilda.  We decided to return to Brisbane and I have rented it out and getting 900pw pretty chuffed with that.  It didn't strike me as the kind of area that you would buy into for a…[Read more]

I use Terri Sheer and found them to be a little bit testy on the claim side.  At the end of the day I reckon I was out of pocket about $12k with malicious damage and a rent skip, they coughed up $10k after a bit of persistent hassling by me.

After trying many different ways I have settled for inner city and near the water negative geared properties.  I am quite happy working and my income level allows me to hold the properties without any bother. Just went unconditional on the sale of one of them as  I am looking at a major reno on our PPR and wanted to reduce my debt level.  I have…[Read more]

I have both a Unit Trust and Discretionary Trust.  I used the UT to buy a house from me and set it up as a massive negative geared investment, it worked well and it allowed me to massively increase the debt on the property.  A DT would have been no good for me as you cannot distribute a loss.  I use my DT for the odd bit of consultancy and bonuses…[Read more]

This free website is pretty good for previous sales.

http://www.onthehouse.com.au

I don't know that much about the housing stock but over the years I have been involved with major road infrastructure that serves the area.  The recent Goodna to Dinmore extension was a major roadway investment and I noticed just last week how well the traffic flows in that area.  Should be a positive for the area if the commuting time to Brisbane…[Read more]

mattsta wrote:
so i guess they used them for capital gains or flips? negative geared investing tend to be really good for those who already have high incomes. Did they have high paying income jobs already?

They still have them and have seen large growth in their values and rents. I couldn't honestly answer if they were high income when they…[Read more]

Belinda, the best advice that I can give you is that you really do need to start believing in yourself first.

Personally speaking the wealthiest investors that I have met are those that bought a couple in major cities in Oz and UK at leet one cycle ago.  They were probably negative geared but the   investors didn't look on them thatt way.

Not sure about 99% of people doing the buy and hold thing.

Nothing wrong with either way and certainly buying low and manufacturing equity is something many a negative gearing investor will entertain.

I must admit that I have been pleasantly surprised how much my negative geared joints have became less negative geared in the last year alone. This has came about with a combination of dropping interest…[Read more]

There is a school of thought that advocates buying inner city properties at the expense of yield that are probably negative geared at least in the early holding years.   They also argue that you need to buy too many cash flow properties to create serious wealth.  They also say that inner city investing is safer as the owners in these areas tend to…[Read more]

Belinda, in addition to the other questions that have been asked how long have you held them, what are the yields?

Are they more negative geared than you anticipated or has your circumstances changed?

Freckle, I dot really care that much about what you think of my posts and I am very sorry for you if your expectation of my posts is some sort of yooni thesis quoting references or a submission to the college debating society.  Internet posts are worth as much as you paid for them.  As far as MSM comment goes I would have thought that that was…[Read more]

Nope you don't understand me correctly.  What I am saying is that we are both using similar data as I am sure many are doing and he doesn't own it, he hasn't created it and I don't follow this guy and I don't have an opinion if he is a cookie or not.

I don't think there is any coincidence at all.  We are simply drawing from the same economic facts, except  I got a few more in than him and he was specific on his.  A fact is a fact, no spin, no projections just facts that is the commonality.

It must have been interesting times in Russia back then when a major transfer of wealth took place.  

As for the US, I used to live there before coming to Australia and I liked it a lot.  The preference for me was Australia due to better opportunities and less social problems with respect to starting and raising a family.  All of these hopes have…[Read more]

Yes they do get over excited by a short term snapshot, no doubt about it.  But there are some trends emerging such as us having the best performing economy in the developed world, having an abundance of resources that the emerging economies need, plenty of room left to move on interest rates, AAA bonds, rising yields and high employment.   The big…[Read more]