Hey Andrew

I’m from Perth originally – while I was living there I was using Corey Batt (@cjaysa on these forums) who is in Adelaide. I was able to get everything done by phone and email for several purchases.

So what do you do for a crust @argybargy91 ?

Hi Jono,

You’re definitely on the right track if you’re 24 and looking to invest, well done. The advantages of having / using like minded professionals who invest themselves and know each are infinite. It really streamlines the process a lot.

The meetups that Corey linked are well worth coming to, they’re usually over a counter meal and a beverage, informal, agenda-less, etc but good way to meet other investors in Adelaide.

Any areas on your radar so far?

Hi :)

It’s pretty hard to tell because every year is different and so is every suburb. Look at Sydney a few years ago – it went side ways for about 5 years. And then had bumper years.

Here in Adelaide the growth is generally slower but steadier but no one has a crystal ball on future might bring – it could half or double tomorrow.

You could probably use 5% for the purpose of modelling as long as you know the limitations of modelling.

Its too unpredictable what the outcomes of such a change could be.
I wouldn’t strategise around it, just keep investing to deliberately and purposefully make money.

Hi @dwayne86

I started off pretty similarly to you. When i first started, I could barely afford houses in any suburb, so did look at units for the same reason you are but end up getting a house and stuck with houses ever since.

I also wrote an article on cashflow vs capital growth for Your Investment Property magazine, which seems relevant to your question – I put a pdf version link to it here http://www.dtproperty.com.au/is-your-property-manager-an-investor-themselves/

Corey Batt wrote:

Definitely keep it split from investment vs personal use – but preferably if you know the exact amounts needed then have the investment portions split for ease of accounting.
Pulling out that amount of funds will depend on the lender, some will restrict equity pulls greater than 50k, others will allow 500k without blinking an eye.
In the last month I’ve pushed through two at ~1mil a piece, in the current APRA constrained environment.
As always, use an investment focussed broker to ensure you current and future lending is working towards your investment goals than against it.

Yup, pretty much everything this guy says ^

It’s fairly basic, there’s calculators available on https://treasury.qld.gov.au/taxes-royalties-grants/duties/index.php where you can punch your numbers in and see.

Yea, just basing it on people who chose to fly too close to the flame and got burnt

Thanks, I appreciate the kind words :)

I’ve uploaded a copy of just the 4 pages I was involved in, but if you’ve seen the magazine you’ll see its part of a much larger theme being cashflow vs capital growth. They’ve profiled me as the capital growth case study, wrote a bit about my investing journey / philosophy and listed the properties my better half and I own.

Let me know what you think, I’ll put my bullet proof vest on :cool:

I’ve attached it here:
https://www.dropbox.com/s/365c5rnj0m5nh3s/DT-YIP-article.pdf?dl=0

• This reply was modified 8 years, 8 months ago by  D.T..