Interesting…

I own a supply chain and logistics management company, 17 FT staff.

My accountant charges $220 per hour, she is excellent, saved me a fortune on tax, and is the principal of the company, so its good. Bout average.

Yep. Yes sir, yessum. Finally for me, Im in the country also. Taking my GM with me. [grad]

I would love the email address or phone number, of a broker, who was willing to give an opinion, even if you are going directly with the banks. I find brokers only willing to handle customers with the same approach in mind as the banks – $$$ and a sure deal. Know any?

Hi AusProp

Thanks for the balanced feedback and the alterntaive viewpoint. I will deeply consider both views, as I am a tad uncomfortable with it, but really, I dont think Ive ever felt a “confort zone” anyway, Ive always put myself under pressure.

We shall see, I will do some more numbers and chat with the bank re my serviceablity. They havent…[Read more]

Hi Derek

My thanks for your reply. This is true, and I know it. I bought it because I wanted something for me, a place to de-stress close enough to Melbourne that I would use it, as often as possible. It never made investment sense and my accountant didnt want me to buy it. I felt that I was working so hard, that I wanted something for me, and…[Read more]

Must say, as a single girl, I couldnt marry him. Theer is somethign about him, that is a little “weak”. Im afraid Id end up walking all over him, and thats not a good thing.

HI Russell – me again

Where are you looking to buy? Aus? Which state? Whats our budget and what are you looking for? I agree, at first it is liek that. Ive bought 5 Ips now aside from my PPOR and Ive learned a little bit about it.

Hi Russell

I did the ESC seminar in Sydney. If this is your first purchase, that seminar is quite good and worth doing, though I walked on on the last day, just got a bit jack of the format. But otherwise, it was very good info. Ive checked out 3 of their properties that they put up on web, and all of them were dogs, so I just went my own way,…[Read more]

I do still need feedback though!

Ive checked them out before, had a few appointments with them. I dont like appartemnts and its all that stuff, off plan etc. Nothing special, and nothing you cant do yourself by opening the paper, closing your eyes and pointing. Chatted to what I consider a legend in investment and very rich man, he knew a couple of the guys at WPB and he wasnt…[Read more]

Oops. Im always late for the ball. Id be interested in joining this group, do you take newcomers and when is next one, since it is now a fait accomplis.

Me thinks this is in wrong section, apols, should be under Help needed, cant move it now….

Hi Everyone,
Thanks mini, yes Ive been watching from a distance and havent said boo for ages.
I think I will make a pros and cons list. Will talk to my accountant (though I know she has one seriously negatively geared holiday house for her, so perhaps thats not a good choice). It wouldnt limit me to holidays there as I do travel for work and tend…[Read more]

Hi. I remember being exactly where you are now. Exactly (though the machines didt factor in). Im no expert now[], Ive bought 4 IPs in last 6 mths, and am now moving to some diff investment classes, but I run a bsuiness and that keeps cashflow high and fairly distracted. I read Kiyosaki. I read Lomas, I went to Richmastery (hated that course), and…[Read more]

I mean you CAN get them from $150K. I miss the edit option once your message is posted. Where did that great feature go?

If you have a block of land, you can get some great “kit” homes. Quite a few people are doing this now and you cant get good kit homes from say $150K. Im Nooooo expert on this, but it can be a great saver!

I have 4 credit cards. If I could, I’d have 14. I am also part of CBA wealth package and credit card limits no longer matter – thank god, a bank that doesnt have a hissy fit coz I have combined limits of $145K (Im the excpetion to the usual rule on this). Try to find the right bank/products that get over the credit card hang up, hopefully anyway…

4 out of the last 5 properties I have bought in the last 4 months I havent seen – 1 is interstate and the rest are outer Melb. I use buyers advocates and have been happy with the results, no issues at all.

I was very close to finalisisng a deal through them. It turned out to be an overpriced load of **** I realised that really, they are only good for NZ and outside of that (partic those WA deals), they havent got a clue what the property is like, they havent done any background on it and I find that as a novice (Ive only purchased 4 properties so…[Read more]