Thanks Paul: We got that book a week ago – and you’re right – it’s a great educational tool – we learnt a lot from it. As for Birsbane – we went, we had afantastic time – but as you would have read in my previous messages – we had some very strong boundaries in place. All the best, Sooty.

Hi Alffie355: True story!! No matter how many ways we did the sums we can’t find ourselves a cash flow positive property here at the moment. Palmerston is going crazy… have chatted with lots of real estate agents in the past month. They must be sick of us!! But they are all saying the market’s got a bit of get up and go left in it.…[Read more]

Thanks Adam: I cut and pasted these Myth Busters for future reference.

Whoops – I meant ADAM not Ada.

I have had solid, reliable advice from contributers to this site such as Ada, Simon and Derek – you will find their comments in this thread. My husband and I took their advice seriously, we used it and have benefited from it.

Sounds like you already have a good idea of the important people to catch up with when you visit.

One thing we found was…[Read more]

No – but we have been meeting with a broker. Will let you know what we get up to. BTW, have emailed you with a couple of thoughts on local issues … let me know what you think.

Cyclist, I am not “storing up riches on earth” – I am doing my best not to be a pain in the proverbial to my kids when I reach pension age and the pension is no longer available …

Funny thing about the Christian scene Steve … someone expressed grave doubts that hubby and I could possible have a Christian faith AND be pursuing property acquisition … now we’re struggling to know what one to give up!!! (LOL).

My my … what must they be saying about you Steve!! Oh, I know, they could quote scripture, “What would it…[Read more]

Oh dear – re read my message and thought I sounded uppity re Moulden – I own an IP in Palmy and spent a good portion of my recent Saturday arvo in a potential reno in Moulden doing my scaled-down version of due diligence – do truly believe in the area and the turnaround is almost unbelieveable. Hi-fives to all who invested there in the last 6…[Read more]

Thanks for your feedback -we are benefitted greatly from the suggestions from people on this site.
Re Tipperary – we do the rounds every weekend at the moment and have found a couple of goodies – Dinah Court – we didn’t jump on it as it was a little out of our range – but I couldn’t fault the property, location, potential rent – very sweet … and…[Read more]

We had a fantastic time – got back home after 1am – typical airline times into Darwin – back at work this morning!!

Our time in Brisbane was pretty amazing. We spent all day Saturday looking at various properties and areas. Sunday was pretty intense. We spent the morning going through the finances and looking at various options. We spent the…[Read more]

Hi there: I am in Brisbane as we speak! We have gathered lots of information throughout the past week – and came with one of Steve’s books, as well as one from Margaret Lomas, plus a property investing mag. We’ve trolled around Brisbane today – checking out various suburbs within a 30KM radius. We also visited with acquantances who are looking…[Read more]

Thanks for feedback. Will consider and let you know the outcome. Re broker – we were going to see our Bank next week – perhaps a broker instead … or …?? Any ideas, we’re open to them. Cheers – back to work for now.

Finished Steve’s Virtual Kick Start disk in the early hours of this morning – I think it goes for two hours!! Very good.

Thanks for your suggestions. We both sat down and reviewed all the advice last night. It was valuable. We will keep looking at the market, keep paying off the consumeable debt and keep learning like crazy.

Just one thing -…[Read more]

In short most serious investors will prefer to take interest only loans so they can stretch their serviceability as far as possible. Obviously this is a personal choice but the difference between P and I and I/O can be significant.

What is serviceability? Ability to access the funds??

Thank you for your comments – I need to say clearly – one of the houses we live in the other we rent – so I think that makes one IP … re selling property – this is exactly why I am on this site and actively looking for info, knowledge etc – we are in an expanding market there is growth here for at least the next year. There is capital gains to…[Read more]

Thanks Derek: The website is : http://www.premiumfinance.com.au they have been operating 18 months. GUESS WHAT! Steve sent out the Virtual Kick Start Resource, so I have started that tonight … We are on a little journey of discovery. We know that we are infants here – we have just two (2) houses – NO, there is not a Zero missing at the end of that…[Read more]

Thank you for your responses – yes I have had a name change – using my name not hubby’s now. Have learnt a lot from reading the messages on this this in the past week – it’s a bit like a live take on Steve’s books – a chance to see how people actually put it all into practice and tell about it while it’s happening. One thing I got out of it was…[Read more]