Sammy, $20 sounds cheap to me.  How many would you need to sell at that price to break even for your property?  A house worth 400k would need to sell 20,000 tickets – that sounds like a lot to me.  I'm not familiar with the concept, perhaps the target market wouldn't be familiar with it either and therefore slow on the uptake.  I'm interested to…[Read more]

Hi all,Paul – I am interested in your comments about not purchasing direct from the developer because you are waiting for the "real price".  While using this strategy have you found your purchases to be cheaper than the price the developer was asking? Regards,Andrew

Hi again,Further to my previous comments I was watching the 7.30 report last night and Kerry O'Brien was interviewing Lindsay Tanner.  The 40% Super Tax came up again and (rhetorically at least) he was claiming there was room for negotiation.  The line of argument went something like 'if we released a discussion paper about the tax prior to f…[Read more]

Hi again,Thanks to e1 for their thoughts.Marissa – I saw Martin Ferguson being a little more concilliatory than Rudd or Gillard about the makeup of the 'Super Tax' (ie about thresholds and other 'details').  I think this is a bit of 'good' cop, bad cop but I really dont know.  I think that Rudd has too much invested politically in this tax to m…[Read more]

Cheers Benjamin,I didnt look much further into the link method after doing the lesson.  Sounds like I should!  I looked more at associations and using files eg. skeleton file.  I'm remembering 15-20 things if I take a little time to do it.  I have 45 files in all.  I learned the first 10 states of the USA in alphabetical order in about 3 mins usin…[Read more]

Hi Adam,I read answers to this type of question throughout the forums and find it an interesting read.  If you run through the forums you'll see it pops up a few times a week.  ie, +ve gear versus -ve gear; income stream versus capital growth.  Not knowing Toowoomba I have no idea about capital growth potential.Other forumites seem to decide wh…[Read more]

Hey Benjamin,Are you doing the CD's?  I've been doing the book and am up to day 7.  It's been great.  I havent learned as much as you yet so that's why I ask the question.  Hopefully I'm not missing something!Andrew

Hi J,I reckon it's great you are posting practical information for people who are interested in US property.  There's just so much to learn especially for people like me who are only just starting to look at the US option.  Does this law only apply in KS or is it nationwide?Just out of interest how much are the fines for non-compliance?  Sounds li…[Read more]

Well I am  looking forward to it as well but as Uppitt noted the drop in the AUD is definitely complicating the tax lien side when investing from Australia.  Where are you coming from Ros?  I'm in Melbourne so its not as complicated for me.

Hi all, I've always wondered something about this.  Is there a difference between having a boarder versus renting out a room?  Or is it the same thing?  Andrew

Thanks all for the replies.The reason I initially asked was because I was looking at investing in some CF+ properties and had mining towns on the radar.  I know that there are not only miners and exec's but also major infrastructure projects.  I have all of a sudden become quite nervous about the strategy because of implications that it may have o…[Read more]

Hi Melb,There is a highly recommended mentoring program that is conducted through this site called the RESULTS program.  I have not been enrolled myself but every student of the program I have spoken to over the last two or three years has been extremely positive about it.  Perhaps some of the graduates who use this site can make comment in this t…[Read more]

Hi Angela,Could you provide more details please.  Perhaps you are speaking about mum123?  If so I believe they have been blocked.If there are other active spammers it's appropriate to advise through this forum.Regards,Andrew

Hi TJ.Your best option for this type of post is to re-post it in the forum: property investing => help needed.  I see you have made a post in 'help needed' forum before.  I think it will work best for you if you go down this track with this type of query.Good luck with it all.Andrew