Wouldn’t you much rather positive cashflow properties???

I have personally bought 2 properties in Logan area through Dave Thomas (buyer agent at Coffs) He has bought property there himself & is very familiar with the area. He was a fantastic help when I was first starting out. Thoroughly recommend him. I can give you his details if you are interested?

I don’t think that the buyers agent needs to be…[Read more]

You can find out from your local council or town planner, but in my experience you can build over some easements and they can be used for car parking depending on the type of easement. Sometimes you may have to start the building at a certain height to still allow access.
Cheers
Dianne[exhappy]

Sorry i can’t help you with this one. I have invested managed funds, but not in property. Hope someone will help you.
Cheers[blink]Dianne

Hi Anthony,
I saw them at the Brisbane property Expo a couple of weekends ago. It was only for 20minutes but they were inspiring & motivational. They have lots of handy tips and I’m sure that you would pick up something. They have been going for a while & have a great success rate so I think we could all learn from them.

By the way, take your…[Read more]

Hi Zorge,
I am surprised that anyone will give you advice when you are being so singleminded. When professionals offer advice (for free on this forum) it is a good idea to stand back and take it in.

You are correct when you say that you have a choice. Everyone does and I hope that you can find it in your heart to be more open to responses.…[Read more]

Good on you for thinking in the right direction.

My advice is to look at your interest rates for your personal loan & your savings. My guess is that the personal loan is higher than the savings interest.

Suggestion: Why not work on paying off the personal loan whilst saving for your deposit? More deposits into the loan but keep saving minimum…[Read more]

Hi George,
Just wanted to say that things happen for a reason…Hang in there. All will turn out for the best. I agree with Gross Realisation. He is more informed than many of us, so take his advice. Let us all know how things work out.
Cheers.
Dianne Burns

I went too…
It was inspiring & full of information. I too saw the Reno Kings seminar. They are amazing. I bought their book & had it signed by both. I haven’t had a chance to even open the pages yet but I will.
Found lots of interesting hints & tips there. Pity I didn’t know you were going Amanda??? I could have met up with you. I went on…[Read more]

Business plans are great assets to anyones life.

I found an easy way to do a business plan instead of the 40page long issue. This is what I do…works a treat if you are a visual person like I am.

First I buy 2 large sheets of cardboard & divide them into 6 boxes. At the top I begin with January, Feb, March (1 in each box) then under neath…[Read more]

Wow,
thanks for sharing. This is what I have to look forward to. Dazzling – YOU ARE DAZZLING!!! Now I know how you get your name. Keep up the good work.
Dianne Burns

Hi Tim,
I have done the same thing recently giving up a 16 year fulltime self employed job to go investing full time. I also read STeves comment about don’t go full time property investing, but after all that is said and done…I would never go back.

i am the happiest and most free that I have been in 22 years. I feel liberated that I now have…[Read more]

Hi Pirijat,
That is a decision only you can make…however if you sold it and cut your losses, you could move on to bigger & better things. Maybe you’ll find a positive geared property that will more than make up for the losses incurred by selling it. Or maybe you will find someone who will rent it for more than the last tenants???

We had a…[Read more]

I used an agent buyer this year for 2 of my investment properties and I felt safe using him. It was full information and advice from the word go and I still can ring anytime and ask questions. I felt this was a good sounding board for a starter. I believe it is up to the individual. A little outlay to be sure you get something worthwhile is a…[Read more]

Why not put the house for sale as a removal home- this will save you the cost of demolition unless of course it is no good?
This means that you will get paid to move the house. You could also put a clause in the contract that the property needs to be cleaned up & garden beds and gardens removed after house is removed. I have been to auctions…[Read more]

Hello SG
You can find positive cashflow in any town, you just need to spend time & do number crunching…sometimes they are in the most unlikely places?
Cheers
Dianne

Hi all
Up until this year we have always had 3 cars & 1 motorbike…what a waste of money Eh?
Earlier this year we had a 2000 Jeep Wrangler, 1999 V6 Hyundai Sonata, 2006 Holden Combo Van & 19? Motorbike (Honda I think – it has been modified & goes fast I believe). My husband won’t part with it…
We came to our senses & gave away the Sonata to…[Read more]

Hi all.
As a new investor, I wouldn’t touch them either, given all the comments on this forum. I did look in to buying some DHA property once, however found them to be very negetive geared. The glamour of the properties they had captured me, but the number crunching did not. Thanks to Steve’s tips!
Interesting discussion.
Thanks,
Dianne

Hi Steve,
I wouldn’t mind knowing a little more information on how to attract a joint venture or money partner and how they work. What to look out for & how to set it all up? What questions need to be asked? etc? It would be nice to know how to go about it, so that when a good investment property becomes available- one that is too much to do…[Read more]

Has anyone heard how far down the coast the devastation from the cyclone is? Is there flooding or blocks on any roads south of Innisfail? My parents went to FinchHaten near Mackay over the weekend & I haven’t been able to contact them. That is very unusual for them. Mother’s phone is turned off, they haven’t notified us of staying longer…we…[Read more]