Bah, if you aim for a prince, you will walk past quite a few nearly princes, one of them will do me very nicely.

I must admit they did look very good together at the wedding – I am a sucker for a man in uniform!!!
CD

CastleDreamer

Hi All,

I am a little like Ibuycashflow – at the moment I am busily pursuing +cf properties. My aim is to balance my portfolio and create enough cashflow in to pay for PPOR repayments and -ve geared property in Brisbane. I am at that point now with only three careful cf+ purchases. I am so thoroughly enjoying the unlimited opportunities that I…[Read more]

Monopoly, I cannot get a full appreciation of who you really are, except to say that perhaps you need HRT. You seem to very easily bite people who to all outward appearances on the thread, have not drawn claws against you. Replies such as yours are detracting from the thread main content, which in this case was Tycoon asking about whether we…[Read more]

Here’s another thought, if you sell the house and include the depreciated prices of the chattels in the contract, then the depreciation shouldn’t be added back on as it is now ‘real’ value in that it has been acknowledged in the contract. Therefore the growth must have been in the land not the chattels/house. Can someone please explain…[Read more]

I must be in one of my philosophical moods, as it strikes me clearly that your point, Steve about not waiting for opportunity to tap you on the back, is so pertinent for all areas of life. If you see an opportunity, you need to be brave enough to have a go, and take it on the chin with a grin if it doesn’t work out. “They” say that the greatest…[Read more]

Hhhmmmm, I seem to miss the meaty bits of this thread constantly!!!!
CD

CastleDreamer

Hi Steve and fellow forumites.

My new tenants are getting fences to turn their flats into little townhouses. I am also gardening the front, painting the besa block, and putting extractor fans in the bathrooms. Its not a huge outlay, but it will completely change the character of the block, and make it more attractive for the tenants to call…[Read more]

Thread now very boring = martonw very boring, yawn, ditto on Mini and Wilandel…..

Goodnight

CastleDreamer

Duh, noone said they weren’t cheap brahms, but even people who live in countries with cottage industry and tourism ‘dependency’ (word used lightly) need to live somewhere, and yep, they even rent houses.

I may be missing the point, but I get the sense that you are dissing on the strategies that some of us are using to build our portfolios (if I…[Read more]

What about Brisbane within ten Ks of the CBD, positive cash flow. I know how to make that happen, it just requires a little lateral thinking to turn the house into positive cashflow, but it can be done, have friends doing same as we speak.

CastleDreamer

Paramedic educator

CastleDreamer

Nice avatar DD!!

Yep, the girls look like they have been having a go!!

11sec solution.. is it still valid?
I don’t know about ‘valid’ (not sure what you are asking) but can you still find property that fits it?

ABSOLUTELY
clean, tidy, current sitting tenants, maintained properties that aren’t feral places – my dog and I would quite happily live…[Read more]

Nada for me
but Dad’s TFN got a hit – maybe I should ask him to share the windfall!!!!!!!

CastleDreamer

I’ve met DD as well, seems straight up and very very motivated for clients. When I get enough of NZ, I will be seeing DD for QLD buys

I don’t charge my family or friends either!!

joy back Mini!!!

CastleDreamer

Yep,
and even with the rates that high, you can still get positive cash flow houses!!!!!

CastleDreamer

One year only for a couple and thirty months for the duplex.

CD

CastleDreamer

Well gents, I am happy I have fixed in my interest rates for the next 18 months with my properties – rates between 6.8-7.05% will keep me happy!!

CD

CastleDreamer

Hi WAF,
I would ask these questions myself:
Will your insurance cover the building – does the fineprint require that the building have all legal permits and council approvals – doesn’t matter how sound it is, if something goes wrong the insurer could point you to the door.
What about public liability with tenants in place? another insurance…[Read more]

Good question wayneL. I didn’t think of this. Should I seek advice, damn wonder if I can get the airfare back (lol)
Interesting question to followup though……

CD

CastleDreamer

Japan, hhmmm, Mini, Westan, we need to do coffee. I can see the rental ads up at the TESOL schools – chasing gaijin tenants to occupy tiny little apartments not much bigger than my car space at work – 20% yields!! Get me a flight – Jetstar!!!

CastleDreamer