I have a duplex in a complex. Body Corp about $2,400 (admin + sinking) per year! Have to pay to keep the tenant happy in the pool and gym and BBQ and tennis court etc []

Well Crashy, most of my properties are -ve geared BUT +ve cashflow. Each one is putting a little into my pocket each week and have had very good capital growth. So where is that wrong? I have a long term strategy and so far it is working very well, I am happy. Each to his own!

I have installed Ezrent on my laptop and my desktop (both XP Pro). The desktop has SP1 and all security updates, no probs. The laptop will not accept SP1 (get error “AssocIsDangerous”, and continually loops from boot to shutdown!!). It has all security updates and Ezrent installed without a hitch.

I’m 52. Never had a prob. Loans IO, 30 years. I have a very good super scheme. Plan to retire at 55.

Hmm … does anyone think it may be political suicide? A lot of “mum & dad” investors I know, who have become a bit disillusioned with other forms of investing have used the equity in their home to purchase one or more IP’s in the hope that it may help them in their retirement. All I know rely on negative gearing to make it worthwhile! Most have bought quality properties, and in my opinion nowdays it is very hard to buy quality properties and be +ve geared! I tend to think a lot of “ordinary” Australians would be hurt!