I’m looking at the market but cautiously. If I spot a great deal, why not buy?

CarLover.

It’s easy to say “It’s all their fault, they should have done their own independent research” when you have been investing in property for a long time.

There are lots of people out there who don’t know anything any the property investment scene, and who assume that the people they are dealing are decent and honest like them.

A program like this…[Read more]

Thanks for the links above.

In regards to using a trust or not, this is still an area where I am a bit unsure.

Has anyone come across any websites that provide useful information in regards to trusts? What is the best way to find out more to understand the advantages and disadvantages of trusts?

Thanks,

CarLover.

Thanks for the link.

Interesting article.

CarLover

This is discussed in this topic

https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=8683

I suscribe to it.

It’s very informative and has a lot of useful info, in particular udpated prices and articles on specific areas.

I find it worth the cost.

CarLover.

I aim for my properties are postive cash flow after tax.

However, at the moment, it is difficult to find such properties in the areas I am looking at.

CarLover

Thanks for this interesting topic.[]

Being an inexperienced investor, I’m not sure why I would need an accountant at this stage. Is there accountants that specialise in investing? Where can they be found? How can their expertise be assessed? What value would they add to the process?

Cheers,

CarLover.

Thanks for that interesting reply.

I have been to an Henry Kaye seminar, and I found him to be incredibly believable. With a bit of insight, it is easy to see him as a top salesperson. However, that unfortunately wasn’t obvious to the people who bought from him. The stories you read in the press about the pain and loss suffered by so many…[Read more]

I don’t know the company involved, but I’m pretty sure that you’re unlikely to find a good deal from such companies. Good investments are usually found after doing research, they are not often handed over to you on a plate.

Cheers,

Herve.

About the kids, I tend to agree. It may not be an issue that you can find a technical solution for. It might be easier to work out something with them than to look for a technical restriction.

I have Optus Cable. As I have 3 computers, I use a network router modem that enables me to share the internet connection.

I don’t have the problem of restricting kids though. That is a more difficult issue.

Cheers,

CarLover

You don’t have to pay for advertising. Everything is negotiable…

If you don’t pay for advertising, this ensure that only advertising that is likely to lead to a sale will be used… A good safeguard to have.

Cheers,

CarLover.

georgisj,

What makes you think that capital growth would be minimum?

I’m planning to look at a specific area, and to buy if I can spot a good deal.

CarLover.

As other have said, stay away from properties less than 50 sqm. They are specialised properties that are hard to re-sell.

Cheers,

Carlover.

melbear,

Paddington is definitely a good area, and they are not making any more terraces.

As long as you can sustain the negative cash flow, the capital growth should more than compensate for the negative cash flow.

I don’t expect much capital growth in Sydney in the next two years though.

CarLover.

I agree with those who say that you can create wealth quicker through property, because of greater capacity to leverage.

Markets all have cycles. While property seems pricey at the moment, maybe it’s time to research an area so that you will be ready to grab an opportunity when it comes up. As long as you can hold the property long term, it…[Read more]

For me, it’s time to buy after I’ve defined my strategy and thoroughly researched the area. As long as I can hold the property long term, it doesn’t matter what the market might do in the next few years.

Cheers,

CarLover.

Marketmad,

Why don’t you ask the agent for evidence that prices are dropping? Ask the agent for the a list of recent sales showing that prices are dropping, then check out for yourself to make sure that properties are comparable.

If you can’t find any clear evidence, then you might want to consider getting another agent. Don’t waste your time…[Read more]