Have a look at these posts:https://www.propertyinvesting.com/forums/property-investing/help-needed/4322828https://www.propertyinvesting.com/forums/property-investing/general-property/4322827Also, have listen to the podcasts at (and read throught the…[Read more]

Interesting indeed! I look forward to hearing how it goes…Daedalus

Hi Megsaletta,The first one you read is kind of the best one, because it starts you on your journey. It doesn't really matter what it is as long as you start reading and keep reading. I don't think there is a 'best one', because different things are significant for different people.I have found both Steve McKnight's "0 to 130 properties in 3.5…[Read more]

Brilliant.I'd be interested to find out how you got onto this opportunity.Daedalus.

Hi Glendafull, welcome.From a cashflow perspective, this looks worthy of further investigation. (200 – 80) = $120 pw * say 50 weeks = $600 per year, which on $5,500 purchase price is > 100% return. Where's the catch? Why wouldn't you do it? ARE those rental rates are holiday season only? In which case the number of weeks per year is considerably…[Read more]

Hi Wajo,On the surface of it, this sounds like a really bad idea. It seems that since the property is not generating enough income to cover it's own costs, this product allows you to continue to borrow the shortfall. Since your debt is increasing, your interest payments therefore would also be increasing. They would probably compound pretty…[Read more]

Hi jtrI felt the same way when I first started. There seems to be so much to learn, and finding CF+ investments is so hard that it seems easer to just get an expert to do that hard stuff for you.The thing is that once you take the spotters fee into acount, the IP has to be an even better deal to make it CF+!I agree with TracyD; you'll find a lot…[Read more]

It could be a relatively low cost solution. There are a lot of transportable homes built for mining towns. The quality of finish on some of them is surprisingly high.You would need to talk with a transportable home manufacturer though. I expect that the economy of these comes from the fact that they basically make the same house over and over…[Read more]

Owen64 wrote:
Mark, Can I make a suggestion? If it is purely cashflow positive your after then maybe you should look at http://www.positiverealestate.com.auThese guys deal only in cashflow positive properties that also recieve extremely good yeilds. They also have via there finance arm Source Finance a number of ways to help people with gaining finance…[Read more]

Nice.

Sounds like a mining town. Maybe Bowen Basin or Surat Basin? Residential IP most probably.If so, maybe a bit hard to wrap because the customer base (tenants) are not that interested in buying, often are mining companies. On the other hand, other characteristics are good because these people are often high income earners. Average household income…[Read more]

Brilliant! Thanks Alistair, Daedalus.

Hi. I think there is hope.They will not sue if they can't get anything out of you. Unless you own a significant portion of your own home, you are probably reasonably safe. The first question their lawyer will want to know is if you have any money. A lawyer will only press ahead with a lawsuit if there is a good chance that he will get paid.I too…[Read more]

Interesting, thank you people!Having done a little scouting around, I'm surprised that the yields on commercial property are almost as low as resi in some areas. Are yields generally better on certain types of commercial? I'm also yet to find some really good resources to find properties. The Internet resources seem more limited for Commercial…[Read more]

Congratulations! 1. It doesn't take long to arrange LL insurance, so you should make some calls now. I've had a contract where I needed to insure from the date of contract, which I think is a bit unusual. Worth checking though. Hey Ben, does your company do discounts for multiple properties? I'm not having much joy in that department…2. Nothing…[Read more]

I'd like to add that sometimes the labels might not actually be meant as a criticism. Friends/family might jibe you about being a capitalist to your face, but behind your back they might be quite proud of you…"DL is doing really well, they've got 4 investment properties you know!…"Don't lose sleep over it. Daedalus

DL,Unless your critics are using a better way to achieve financial independence, and my suspicion is that they aren't, then I would ignore their opinions on the subject.You are clearly in the very small percentage of the population who is actually taking responsibility for their own destiny. Good on you! They probably aren't. Have confidence in…[Read more]

Hi,I subscribe to the Best Rent Report (buy 3 get 4), and did so after buying a single as a trial. I've found them valuable as a way to identify areas to research further, and also have had my confidence boosted when areas that I've researched turn up in the report!The disclaimer in the front says:"You are entitled to hold a single copy of this…[Read more]

foundation wrote:
But which one would have suit a high risk profile investor? Which option carries the highest risk? Sure, I've charted years, but it doesn't matter – the net position is always in favour of the P&I investor.The only obvious way I can see for regular people with just a couple of IPs to benefit from IO loans is if they put all the…[Read more]

More indeed. It pays to understate.The 4% was not intended as an attractive alternative, but as an indication of the effect of that cash compounding in other investments. Of course, if you can't do (significantly) better than the 8.5% with the cash, you'd be nuts not to pay off the principal.Daedalus