Hi Steve
Thanks for repying I dont actually want to be mentored my hubby and I feel we are well on our way to acheiving our goals. It was just a small go at all the people wanting you to mentor them. What they dont realise is that you made it without mentoring it was within you to go out and make a different life for yourself.Having said that you…[Read more]

Hi Steve
I am bumping this to the top again
Yes I Have read your book and I am now re-reading it I dont quite beleive the stats that because you negatively gear you can only own 2 investment properties ( we own . I think the reason that most people only own 2 is because they are scared or lazy ( sounds just like some friends we know).
Anyway your…[Read more]

Hi All
I own both houses and units and the units we own we have both body corporate done by a company as well as by the owners. The owner one is a small complex of 4 and we all talk regularly to keep things going the units with a company is in a large complex and would be nearly impossible to manage with just owners.
It is true that the land has…[Read more]

HI to All
Isnt the point of this forum to help people less fortunate than ourselves
Yes I get sick of listening to people say they dont know where to find these properties but they keep asking so why not help.
Put an example like Steve did so that these people get the jist.
Lets face facts most of the people here will either never own or own only…[Read more]

Hi Bronwen
What I was after was for people to say how they look into small towns not just cobar I just gave Cobar as an example. Do most people have a min no of people in the town or does this not matter if the town is expanding?
There are plenty of people on this site who cant find +ve geared properties it cant just be that they arnt looking hard…[Read more]

Hi Truska
you say that the insurance would have cost you >50k so 50000/6 years/10 properties = $833
The average I pay is 220/yr and it tax deductable.
Do you insure yourself or your car or ppor just because nothing has happened doesnt mean nothing will.

I must say I agree with what is being written. I fear for a lot of people they have the herd mentality and at the moment it is positvely geared property. I am grateful to Steve that he set up this forum but we must also remember that he has his own agenda in life and this forum gives him a good audience to sell his seminars to. We are always…[Read more]

Sorry I do know that FHOG is only on private houses I still dont see the problem do you love this house so much or is it just that you want to get back at these people for screwing you around. If you love it sooooo much then I guess you will spend money you dont have to make sure you get it. Maybe it is time to step back and evaluate why you want…[Read more]

Why are you buying this house? If for personal use then $8000 may be justified but if for investment adding another 8k into the equation does it still add up. There are plenty more fish in the sea does this one matter that much.

Hi Karl
Only you can decide if they are a waste of time. All these people have done very well out of property.Is one way right well each author thinks their way is the right. One thing that is important is for you to feel comfortable about the way you want to invest Then go out and do it

HI PeterP
Its great if you can get by without really knowing how much you spend on everyday things. The problem that most people seem to have is that they can’t seem to save money, like you we save about 30% of my husbands wage, all investment income gets reinvested into investments.But it is really easy to work out bills and such. Take a look at…[Read more]

HI
I cant beleive the number of people on this site that dont have a budget!!!!!
Get on with it how do you ever expect to buy multiple investment properties without one.When you go to the bank and talk about getting a loan they like to see what kind of money managers you are. Start Today write down everytime you spend your money do this for a…[Read more]

What a great topic I have always loved arguements between 2 passionate people who think their way is the only right way.
Just for the arguement we have property and shares and we use our shares to generate our income as well as some buy and hold ones and our property to increase our asset base ie capital gain.We generate our income using options…[Read more]

Hi Finnie
My husband and myself are both keen investors. We realised that if he wasn’t going to work for the rest of his life (I am a stay at home mum, property investor and share trader) we would need to do something.The other thing we have noticed is that some of our friends one of the couple wants to invest while the other isnt interested or…[Read more]

Hi Jarvis
You are obviously not from Brissie as the three suburbs you talk about are on the east side of Brissie not the west.

Erika

Hi Aussierogue

It was Macleay Is I also saw the show
Erika

Hi All
We have had no problems with insurers paying for damage. Our realestate agent has a good history with the insurer so all goes fairly smooth.

Erika

Hi Mary
We have several properties in Brissie and we pay about $220/year. We use a company called Aon but CGU and Terry Sheiffer also does it. Talk to your realestate agent who rents out the property to see who they use.
If you have multiple properties it is better to deal with the insurer straight as you get a discount.

Erika

Hey Huey
is the guy looking after your property the manager of the PM agency if not go and see him. Do they not have it up for rent? Dont ring anymore go and see them in person talk about all the things that are bothering you its your property you are paying them to look after it just remember that if you approach them respectfully you will…[Read more]

Hi Huey
Quick question, if the agent claimed back the bond what are they at the tribunal for? Shouldnt it now be a matter between the agent and the insurance company.I would go and talk to all the other agents in the area and find one you like. Look through some of their vacant places to seee what condition they are to see how they manage them. We…[Read more]