Hi Forumites,
I think what SIS and chan are trying to let you all know is that even if you do understand Domino theory 99% of you will deem it to be too risky and will do nothing.As we all know we are property investors caue it is a safe investment, if we wanted risk we would buy shares or the many other types of “risky”investments!!
If it was…[Read more]

Hi Yack,
I used to have a boss who subscribed and then left the company so for the next 12 months i got free API mag[strum][strum].

Now i make sure to buy a copy whenever i think about it as ito am inspired by stories of success and my favourite section is always keeping track of median property values as it is a good guide of how prices are…[Read more]

Well,
First IP purchased 1998 for $78k rented for $145pw Had to spend approx 2 weekends and $2k to get that rent.2004 value $230k rent $180.

Second IP Purchased 2001 for $130k rented for $160pw. Spent no money at all.2004 Value $300k.

Third IP Purchased 2002 for $87k rented for $160pw.Spent 4 weekends and $2k to get that rent.
2004 value $190k…[Read more]

Gday,
[suave3][cigar][whistle]

All cool,Holy %#@&,Not My Problem….hehehe

Sooner or later the man who wins is the man who thinks he can

Ahh Mc Bain,
Time to die SUCKERS[satan][satan][weird]

Dont Be scared[cigar][cigar]

Sooner or later the man who wins is the man who thinks he can

Hi Celivia,
Even if the crack is structural you may be able to negotiate the price down a bit and rectify it by using a builder to underpin the footings.
Quickly run you through the process

Expose the footings in the crack location.
Dig sections out under the footing say 600mm along footing.
Pour concrete under the footing and fill right up to…[Read more]

Lawrence,
Just to let you know all my prperties are over 30years old some are over 80 year old. I have found that once a house reaches 30years old the maitenance seems to fall behind and renters do not seem to care anymore if things are not like they were as new.Ie cracked tiles ,window that wont shut all the way etc. Seems that they say ahhh well…[Read more]

Gday,
Well i am only a young fella but i can se some flaws in the argument that intrest rates will rise to 15%or over. If this were to hapen how do the investors react to a rate rise?? I know increase rents….well with rents being at such high levels then surely the gov’t will not allow this to increase rents to crazy $$ so therefore they will…[Read more]

Apparently you are Simon Macks- you work for a mortgage broking firm and live in the Newcastle area. Hope this helps…..[][][][:p]

Hi All,
Good to see some differing opinions comming out. I have to say that i am not a +CF investor and therefore will not agree to the theory that lawrence is pushing for two reasons .
1, Capital gains of 7% on $200,000= $14,000
Capital gains on $30,000 rural = $0
Income losses from neutral geared property per annum
$0
Income gains from +CF rural…[Read more]

Hey Aussie,
Time for a second shot at the title:-
Ok guy opens wardrobe to discover……bloodsoaked jacket just your standard jacket.Looks like he has been involved in foull play and guy opening wardrobe remembers that he heard about a viscious murder last night in the same street and realizes that the guys house that he is doing pest inspection…[Read more]

Hi All,
10 minutes to read this i had better have a shot at the title.

Well i think that the man that kills him is an outlaw biker and he is rough as they come…you know the type doesn’t even wash his hands before dinner(hehe), well when the victim looks in the cupboard he sees a TuTu and this biker lives by himself and now the the biker has…[Read more]

Hi Inna,
By the way if you want to sell a property for $100,000 under market value i will be more than happy to get rid of it for you ……[:X]

Hi Chan,
Well the only reason i can think of is that the guy was her sisters partner.Therefore get the sister out of the way and bang you have yourself a new man….Simple really!!!
I suppose this means i am crazy so HaAh aH zzzIIIIccKKk Grrrrrr rrrUUTTRR.

Gday,
Well as Mortgage Hunter said i believe that in Newcastlethere are still some hot sites:
1/ Tighes Hill-Suburb is still seen as working class and it was apparently really bad for drugs and the like but now all the locals say how fantastic it is and others still see it 20 years ago. It will continue to grow!
2/ Carrington- as Mortgage said…[Read more]

Hi All,
Thanks heaps for the posts it makes me feel more confident of my decision!

Well bron i am planning on getting a round the world ticket and going everywhere if i can but do it on the cheap so that i can hopefully stay away for 12 months…..yeah that would be cool!

Just became single after 4 years so maybe now is the time to go ….Meet…[Read more]

Yackadoo,
So many ways to make a million bucks it cant be that hard can it?? Well i am with you on the buy and hold if possible but of course sometimes you have to cut your losses but i think that if i spend time getting to know the market before i buy then i cant go to wrong can i? Haven’t had to sell and bad ones yet. Although i think i could…[Read more]

Hi Judi and yack,
I have made up my mind to go travelling next year anyhow but i was just wondering who else has been in similar circumstance.
Judi i already have some properties that are doing well so i am confident that they will continue to improve.
It seems that as Yackadoo said that you really can only get life experience from travelling and…[Read more]

Hi Chan,
That is fine i am glad you are happy with the purchase. My spotters fee is going up shortly so that will hit a bit hard…..oh ..woops was i not supposed to let on that you paid me ???? oh well i have typed it now so i guess everybody will know….hehehe secret mens business![:p]

Hi Ronulas,
Well this is wher you have me beaten see i have no kids. Im only 25 though so maybe down the track i might decide to bring another mini me into the world then i am sure to feel the drain on the funds.

As you guys said you need to invest whatever you can afford and i bet that you are better off than others who did not invest in a…[Read more]