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Viewing 13 posts - 1 through 13 (of 13 total)
  • Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 31, 2013 - 6:27 am

    thankyou Jacqui, I will definitely steer clear as advised (but did you look at it?):)

    Erin

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 31, 2013 - 6:00 am

    Hi Shahin, that thumbs down wasn't from me :0 I was trying to achieve positive cashflow.

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 31, 2013 - 5:37 am

    Thanks so much for your feed back…very valuable information and I appreciate your time – have a look at this home though –

    http://www.coffsproperty.com.au//search/display.aspx?LN=1643399

     to me it seemed quite amazing for the price bracket – outside not much, but inside is gorgeous – I guess that is why you don't get emotionally attached. Presently we have road construction for at least the next 4 years, which is why I didn't think there would be a shortage of tenants happy to pay a relatively high rent- at least short term- I would have thrown in house cleaning service for an extra $50 p. Is there not also a market for retirees wanting to buy into relocatable villages? The first agent I spoke to said that within the last week or so about 4-5 people had all of a sudden been asking about them.

    I so appreciate your advice and am back to square one – I would appreciate being able to discuss my financial situation to at least assess whether or not I should continue to try and get into the market QLDs007, would you mind if I emailed you?

    Thankyou all kindly, regards E Wolfe.

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 30, 2013 - 3:38 am

    Thanks for that Tony, fantastic to hear you are going so well with your property.

    Kind Regards E Wolfe

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 29, 2013 - 9:37 am

    I'd appreciate the article that you started with, thanks.

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 19, 2013 - 9:53 am

    thanks, I have copied and pasted into folder, much appreciated!

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 19, 2013 - 9:18 am

    ha ha, that is true, thanks :) see, I know too little!

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 19, 2013 - 8:00 am

    thankyou very much, that is very kind :)

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 18, 2013 - 8:06 pm

    Do you think it better to invest with a partner or by yourself? Obviously being married is great in respect to doubling income and opportunities. What is PPOR? I am glad that having investments has helped you in the harder times too. thanks for your post.

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 18, 2013 - 8:03 pm

    Hi Dark Night ,

    Very encouraging to hear you started with no savings no security – what a leap of faith, your property must have been returning cash flow from day one? What is your port folio now?

     I have been looking at relocatable houses, it seems that the 11 second rule can apply to a number of these, and some of them are quite decent and spacious inside, so that may be a first option, what do people think of this… is it wiser to start with actual property?  What annoys me most is that you might buy a $110.000 house, and pay another 50 000+ in interest over 30 years…

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 16, 2013 - 9:36 am

    thankyou Richard…which lenders would lend 100%? Are they banks?  After watching 4 corners last weekend and seeing people's life savings being robbed off them by investment companies that then go bankrupt, it would be very hard to know who to trust, especially if they were to offer to lend such a high amount, immediately I would be concerned, I think. Perhaps it is just that I know too little to see the whole picture.

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 16, 2013 - 9:31 am

    Thankyou very much for your replies. I shall read Steve McKnights book again, and continue to save slowly, keeping my eyes and ears open to these ideas  :)

    Profile photo of E WolfeE Wolfe
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    @e-wolfe
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    March 16, 2013 - 9:22 am

    thanks for your advice Jacqui, super option not applicable to me at this stage, and very small savings pile, growing slowly but surely.:)

Viewing 13 posts - 1 through 13 (of 13 total)