benno1 replied to the topic A cooling Market in the forum General Property 20 years, 5 months ago
Prices in WA are still affordable and still achieving considerable growth in some key areas. Construction for The new rail link for the southern corridor is underway and it is proposed the Rockingham area’s population will have doubled by 2016 which accounts for the massive overhaul of the local hospital. The foreshore is being developed with…[Read more]
benno1 replied to the topic Quantity Surveying? in the forum General Property 20 years, 7 months ago
Thankyou very much for your info, it was really appreciated….
benno1 replied to the topic CROSS COLLATERALISATION??? in the forum No Subject 20 years, 7 months ago
Thanks guys for all your responses…It makes things a lot more clearer on the reasons for and against cross-coll
cheers[biggrin]benno1 replied to the topic How Many IP’s in the forum No Subject 20 years, 10 months ago
Hi all
Just purchased first IP however this one is negative geared(PLEASE DONT HURT ME). I bought in an area which has seen steady yet impressive growth over a long period of time. I am however targeting positive cash flow properties next to help maintain my serviceability. Does anyone else believe diversifcation is a good strategy……?benno1 replied to the topic WA Investors in the forum Heads Up! 20 years, 11 months ago
Thanks Peterp. I have just finished reading 0-130 properties and have also read all the usual stuff like rich dad poor dad, cash flow quadrant, how to become a property millionaire and a heap of others. I have just spent the last three years trying to convince my wife to leave Geraldton and now we have shes going to love the fact that…
benno1 replied to the topic $$$ Flow Positive Stories!!! in the forum General Property 20 years, 11 months ago
11 properties this year as currnet but given a few days the new total will be 13. Been investing for over 9 months now.
Though not all my properties are positive. I target all 4 main areas of property investing.
Positive gearing
Negative gearing
Passive gearing
Neutral gearingUsing the offset gearing principle as my…