Hi firstly good are to develop 
that area always has a strong demand, when are you planning to start building?
Take your time as you know the building game is quiet in Victoria.

So of your in the game your going to save a whole heap of cash..
also speak to the councils and see what there building requirementsare 
Also it might bee a good idea to…[Read more]

As much as people might not like Robert the guy has made allot of money…
but as a fan of robert I would rather invest my time and money in learning from some one like steve

Acutaly I  aam gong to post a new topic lol 

Speak to Jamie on this site he we will help you out, remember loan structure is just as important As rates or lvr 
Valuations will very from bank to bank,
Cba valued my home at 420 and nab at 360 lol 

Hi Hannah 998,

Hope it all works out the way you want it to.

You say at the start that you invested 30K of your own money for landscape "etc"? Maybe you can put a file together for tha valuer with all the receipts to show you have actually spend 30K.

But just keep in mind (open mind) because you spend 30K on your house this does not mean your…[Read more]

D WOLFE great point!!!!

I always say this, many people struggle when times are good and many people thrive when times are bad.

simple as that…

I still think rates will get allot lower and I hope things continue to improve but I think the issue is that in employment is steadily increasing. 

I know lot of experts say retails is being effected by the Internet but is it really that simple? 
PeoePle  are buying good online but it's getting to a stage where  people are buying from oversease…[Read more]

Rates aare goin to go down down!!!
jamie from your point of view when banks lower there rates do u think there lending polices change 

Freckle, why not run an internet course then? $40 bucks a pop x 100 = you do the math hahah.

Paul does make some valid points, I think going to these events are good for a couple of reasons
1) Keeps you focused
2) you meet some postive people who may have the same goals as you.

Pricing war is going to star just about now lol

That's so true Richard and Nigel,
A common occurrence I usually here is this, I  want to make 50
k on my first deal, if I can't make that it's not worth it. 

When building a brick fence you can't just build iit in one go, it
takes
time brick by brick……
My best deal was 7 years ago bough a house for 185, leased my house to the…[Read more]

Hi guys
this guy is a master at his craft, but more importantly  you will get to meet like minded people at this event an for 80 bucks not bad at all. Spend 80 bucks on foxtel or  spend 80 bucks and you 
might learn ssome thing new, meet new people and  maybe creates a opportunity 

Just before you go to this session, on a note pad  write what you…[Read more]

Hi Amelie,

Hope you are well?

Firstly welcome aboard and good luck with your new venture.

Like most have suggested, maybe just wait until you settled on the property and once you  acutaly have the property in your hands maybe look at quting.

You say you hate your job and you want to quit? Rather than just rushing in quitting are you able to…[Read more]

Depending on your target market, which suburbs  ate good to buy in? To me the property it self is  more important, can we add value, can we look at future development "etc" you also have to look at your area an say if I built  another room why other homes am I competing in the area, the property game has changed and you need to treat it like a…[Read more]

Hi avalonesa

even if you get 60 dollars a month after the loan, you still need to cover insurance, maintance, insurance, rates "etc" you will still find after all of these expense your property would be negative geared.

The old saying that buy some thing close to the city has changed and here are my reasons
 If you look at melbourne, there are…[Read more]

Good times or bad times is irreverent to me, what matters the most Is 
My own fincial situations is, sures times might be tough but it could be allot worse.
For me being a young guy this is the first recession I have experienced so this will only prepare me better for the next time 

Hi money for u
Good idea….

Its amazing how many people  are starting to get back into the share market  the yields are great 

Hi All + Great thread Rosa,
Saving for a deposit is never easy and it’s not usually caused because someone is not earning enough $$$, There are plenty of people out there who are on the big bucks but they still can’t save because they simply don't know how too and they may also have bad spending habits.

Here are my tips:
1) Budgeting (Very…[Read more]

Hi Work Ur Money,

Firstly welcome to this forum, Since I am a big batman fan lol, I would be more than happy to offer you an opinion. 

Best thing to do is to talk to an expert in this field, Terryw on this forum will be able to provide you with great advice on structures “etc” for your situation.

My wife and I have our holdings split into two…[Read more]

Is the QLD market going up or down, every one is going to have a different opinion and that what makes investing interesting.
I think what might matter the most is how is this property contributing to your overall goal?

Nigel raised a good point as well, opportunity cost? Some times a under performing asset may cost you more based on missing…[Read more]

It's true S, yes some people may loose money  but like anything you can loose money from shares or property as well.
But it's how you set up your structure, some times you can carry a loss forward .

We spent 500k on ours an on it's second years it's providing a good return