Thank you all for the replies. Can someone explain what the definition of ‘permanent casual’ is? I am likely to be put on a casual contract on a six month basis. It wont specify hours I work, and as casual I can leave / be fired with one weeks notice.

Is this the same situation as what you all are referring to?

Thank you for the advice, it is…[Read more]

Hi Luci,

Thanks for the reply. I have now finished Steve McKnight’s book and thought it was quite good. However, it probably doesnt go into quite enough detail into actual techniques to find postively geared properties – it describes some methods but doesnt really explain how to make those methods happen.

I guess at the moment I am stuck when…[Read more]

Hi Nieco,

Thanks mate, thats great news. Also a very good guide on how to get started. Do you think you could email me some of the website / investment forums you have been following? Email is shamad at iinet dot net dot com

Congratz on your first buy – sounds like a doozy

Hi Paul,

Yeah, I was talking about the buy and hold strategy (ie. trying to get positive cashflow from rent). But as I said, seems very hard to find a property that is cheap enough for the rent to outweigh any interest repayments.

Could you be more specific as to the other strategies that are looking good? Perhaps now as the interest rates…[Read more]

Hi Paul,

Thanks for your reply. Yeah I have taken a look at those sites and Im also in the process of reading 0-130 properties in 3.5 years.

Looking at the current market and assuming interest rates rise to roughly 9%, it is very difficult to see how I can find an investment property that can be positively geared. I know that I am not the…[Read more]