Wow…I notice that the spouse being rented out automatically became a Female!!!

Im sure there are a few ladies who would also like to rent out their spouse…or rent a new spouse…maybe a spousal exchange?

from
The female ‘spouse’

Hi all,

I guess when it comes down to it, its back to the old fear of the unknown. Also being the first to lead the way or try things a different way. The reason a lot of great inventions are in this world are from people who dared to do just that.

We also have been told by family members to pretty much stay inside the comfortable square we were…[Read more]

Hi all,

We are also sitting, deciding, deciding. Whether to sell up and move to the country or to keep investing. Thanks to some help from someone in the forum (you know who you are[] we will eventually make our decision. I guess it all comes down to options, what you have to make those options work, and which ones you take.

P & T

Hi Nu Gen,

Can I ask which area you are thinking of renting in? Also how cheap the area is?

P & T

Hi all,

We live on the CC also. To give you an idea we live 5 mins from the lake in our area. We bought our PPOR 2 years ago for $270,000. We had it valued last week in the high 300’s and even early 400’s. Our IV is 2 streets away. Very basic hardiplank home, 3 bedrooms, non-separate toilet. Valued at $250,000 – $270,000. We can also be…[Read more]

Hi Motivated,

We live on the Central Coast and also have one IV here. Prices have really jumped in our area and surrounding areas further North also. Our area has jumped about 23% in the last 12 months. You would be very lucky to find a decent investment property in the lower price range. Prices up near Gorokan used to be cheap and lots of…[Read more]

Hi Brady,

Unfortunately Im a newcomer just like you so dont have any advice on accountants or anything. Just wanted to wish you good luck. If you are already reading those books at your age then Im positive you will be a success!!

T

We also have been looking in these areas and found some that seemed pretty good value. Low price, already rented (or purported to be). However after a search on available rentals in that area I found one RE alone had 15 rentals available. I took this as a red flag and have gone off this area….Would others read this the same? Not much capital…[Read more]

Yes this is a great website. What I find wonderful is the willingness to help and give advice. So after following those Jenman links and reading the stories about so called “money hungry” (not the words used) investors, Im sure they would be surprised to learn just how many of those investors are willing to impart advice and knowledge to those of…[Read more]

Hi there,

Could you explain to a newcomers like ourselves why he couldnt get the finance? Im gathering that there is a problem with the area under the 4741 postcode?
Thanks
T & P

Thanks r [] Trying not to panic but reading of others buying up properties left, right and centre is pretty daunting and does leave you wondering about how many good IP’s will be left. But will be back on the research trail for books tomorrow and will have a look at that website you gave me.
We are actually tossing up selling both properties and…[Read more]

Thanks very much for your honest and helpful advice. I guess we all want to get excited and jump into it with all the media hype that has been going on about investing. But you are very correct in assuming that crunching numbers is not our forte.
We will definitely read up a bit more and keep hunting for someone to explain the nitty gritty to us…[Read more]

Hi all,
Have a couple..dont know who wrote most of them as if they appeal..I just write them down in a book…

“Experience is a hard teacher because she gives the test first, the lesson afterward”

“Do not follow where the path may lead.Go instead where there is no path and leave a trail” Ralph Waldo Emerson

“Sometimes you’ve got to wade through…[Read more]