I understand everyone has a differnt opinion on investing in realestate and many investors advise on diversification eg.shares, managed funds ,buisness ect , each one has a risk and it depends on your strategy but for me i look at it this way people are living in my houses and they are paying me money and eventually some of that money will be…[Read more]

Thanks everyone for that, the reason is i would like to purchase a investment property with that amount in mind $245000. My PPOR is cross secured with 2 of the investment propertys and one is stand alone (212000 Value $270000) and i would put in $20000 plus costs melbear.
Rent is $1000,$1000,$960 per month.
And how do you work out…[Read more]

Thanks melbear for your comment thats exactly what i needed to find out i it came close to the 11 sec solution.

Rates $1000, PM 8%,insurance $350. This 3 bedroom house is in imaculate condition new ,tiles, carpets bathroom,kitchen,paint etc. It has a 12 month lease on it, with deposit it makes the deal look better than whithout it.Have pictures…[Read more]

Melbear,
I presume from Mumof3 profile that they are studying in QLD so thats why I wrote Service ,and did not see anything about AFP.
[]

Nothing to do with your question but i just could not help myself.Police Service, they dont like using the “Force” word if you know what i mean.[]

Yes i see your point xyzzy he did not copy it right.
(just joking)
Can you imagine if no one copied anything in the history of mankind for example positive gearing. Unfortunatly just about anything can be copied no matter what it is legal or illegal its just a part of life, the trick is to find a way so it cant be copied then you will be rich.…[Read more]

GUARANTEED SECRET OF WEALTH
Sounds like the richest man in babylon.[]

Rudy,
If you dont mind me asking what are you plannining to build?[]

Hi
Are you in the pine rivers shire or brisbane city shire because i was told you cannot subdivide anything under 1200sqmtr in the pine rivers shire?
Dom

Would you not be better putting cash in a managed fund earning 8,9or 10% ?[]

I have one mor if any body interested in NZ.

2 x 3bedroom houses on same 914m2 section (sold as one package & cross
leased to to each other) Rotorua east side of town.
Each with own carport
Both built at same time, approx 28 years old. Both tidy.(one refurbished)
Low maintanence construction!
CV 67,000 & 69,000 Land value 2 x $17,000
Rates 2 x…[Read more]

Actually soccer is the real foot ball as the name refers to.

Thanks westan,

Yes the $40K is the cash deposit, and the price of the house. So total $46K and their would only be 6K owing on the property but even so refinancing in this situation would not benifit you at all as a cash positive investment.
Dom

Thanks westan,

Yes the $40K is the cash deposit, and the price of the house. So total $46K and their would only be 6K owing on the property but even so refinancing in this situation would not benifit you at all as a cash positive investment.
Dom[]

Has anybody else a strategy for this?[]

Westan,
The question is what is the advantage in accessing your equity from the Ip to buy more Ips if they dont become cash positive.

Yes you are right rob it is $12,and i should encourage my tennants to not pay in advance LOL. []

http://www.highiqsociety.org/flash/nonmembers/iqtests.htm

Hi miniMogul

Thanks for the e-mail on arthritis much appreciated i have been to a naturepath with slight improvements .
On the subject i was reffering to NZ population the time frame i was speaking of was the last 30 years Population growth to get an average.And yes you are right my friend did not take any due dilligence which was an extremely…[Read more]

Thankyou for that, i am going in NZ in june to visit friends in invacargal (i think thats how you spell it) for two weeks and hoping to purchase sight seen. I prefer to buy that way as i have a friend whom bought sight unseen and had $8000 to spend including his own work just to make it liveable. I know the population has not increased very much…[Read more]