yes… i think so.. nundah seems a good inner subs with lot of young professionals..

i m going to brizzi next weekend.. to go through the subs i m interested at..

i was thinking buy a few in nundun and pair up with woodridge ones to neutralise the cashflow . geez wont that be a marriage in heaven?

thanks for all your input buddies… ..…[Read more]

Liana..

the LMI is way high.. check out the genworth calculator..http://www.genworth.com.au/online-tools-forms-and-reports/lmi-tools/lmi-premium-estimator

Liana..

the LMI is way high.. check out the genworth calculator..http://www.genworth.com.au/online-tools-forms-and-reports/lmi-tools/lmi-premium-estimator

Hi Liana

for 320k .. you probably looking at Marchathur/camden area for a very old 2 bedder.. rent out around 290 to 300 pw. you probably will need to offer on the 1st day of it’s open and be lucky if the vendor will lock in with your offer.

you can still get into the market with that sort of money in sydney, but the cashflow is bad.. my…[Read more]

Hi Mick mate

thanks very much. Your suggestion is very useful and see how we think alike !

yep.. am currently doing 1, 3, 4, 7
after that, am going to go for 8 , 10 . I have some investment in funds and shares.. but i prefer things that I can control to be honest.. even though i can get it wrong sometimes.. but the most fun part of investing…[Read more]

Arent we a bunch of rare animals ? you have to be smart, dynamic and hard working to be successful . there is just no way around it. It feels good to be surrounded with people want to get ahead and making more money.

Re: CF and CG, you absolutely need both to succeed. go out and buy CG IPs, utilise the tax benifit/ neg gear/ depro etc to…[Read more]

for Postive cash flow. you’d be looking at rural multis.

for Postive cash flow. you’d be looking at rural multis.

@charlieX

the best strategy i think is to combine the growth with CF strategy in a timely order .. of cause, if you have more funds and more skill sets, you can move onto commercial and development projects which create huge capital in relatively shorter period of time. For me, I would rather stick to a thing or two that i m familiar with and…[Read more]

“You must have a cashflow problem in the eyes of the banks, otherwise you would qualify for servicing.”
yes.. i do have a CF problem to churn out more IP .. but not sercing the current exisitng IP , that is what I mean.

@Lauriek

1. I don’t have a cashflow problem. Never have. My IPs are self servicing taking the tax incentive into account. My prob is servicablity.. which if I want.. I can always go to CF method to enhance my serviceability down the track as I already build up my equity base over the years.
2. Compound does work the same way, just on different r…[Read more]

hi Lauriek,

thanks for your reply. I m afraid i have to disagree with you here.

Cash flow is like your blood, while Captital growth is your muscle . you will die without blood straight away, but it’s the muscle that makes you stronger and grow bigger. I had enough of the education on those things ,among all the endless debate between the two,…[Read more]

hi Lauriek,

thanks for your reply. I m afraid i have to disagree with you here.

Cash flow is like your blood, while Captital growth is your muscle . you will die without blood straight away, but it’s the muscle that makes you stronger and grow bigger. I had enough of the education on those things ,among all the endless debate between the two,…[Read more]

thanks TerryW and Richard for your response. It gives me some confidence and lots of clarity. I had a thought about this after reading your replies. I think i need to focus on reaching the goals in 2015 and squeeze for 2016 ( i figured if i really tried hard enough, i probably still can get my goal set for 2016 reached, but i m not sure about 2017…[Read more]

yes.. I knw what you mean. but i have been frugal for years and i work hard be where i am today.. I read warren buffet and remember him saying, money is your seed need et cetera… I do love money but not have the will power like warren. so I guess it’s time to enjoy a little fruit of my hard work….i think the excitement of driving a nice car is…[Read more]

Jimmy, 150k is a lot of money to be lost due to the lease.. you must have a top of the range car lease. it’s better to pay cash.. i suppose..