Leila
thanks for the advice and I’ll try the website.. Thats a good link.

cheers
Jules[angel]

Just another opinion. I found a house in Vic inner suburbs, nice house, reasonable price, had termites in recent times that had been dealt with. But anyone I talked to about it said they would never consider buying the place because of the termites. I think the word ‘termites’ throws a scare into anyone, and also me.

Sure I understand the…[Read more]

HI
I have just seen this posting. Where does this group meet????

I would be interested in a group that meets in the City (melbourne) or in the Eastern suburbs?

Anyone got any suggestions for me??

Jules

Ooh Yeeesss!!!! This is a very happy moment for me reading your responses. I am sure most people would not be aware of this.

Terry & Robert great advice one again and you have just helped me reshape my strategy.

Thanks again you gurus
Jules[angel]

Would this apply to a person or company that has one investment property. Income less than $50,000???

Juls

Resiwealth
Can’t help but say it: find something better to do with your time. Maybe your over it !!!

Read the posts – some have hundreds of people reading them. It amazes me how many people use the site and read the posts in the forum.

I do agree there have been some pooper posts here, however I have been using the site for some time now,…[Read more]

I have not used Residex however they have a very good name. I was thinking about buying their reports myself. I don’t think there is any report that tells you where to invest or what the best areas are, it is more a process of researching this yourself and using the Residex research will assist you to identify certain characteristics about…[Read more]

Thanks Guys
Steven I have tried every trick I can think of and the lender won’t increase the discount rate further or drop the fees because its a package buy. they just seem to stick to the rules although I have negotiated a slightly higher discount.

Robert thanks, I also thought this might be the best strategy to take, but seeing as it is…[Read more]

Thabks guys

Yes asked it before but got a cryptic answer, so tried again with better results.

cheers

Hi Maria
I think you can do better than 6.89 fixed. It just seems a bit high to me. Look around to see what you can find.

Thanks Terryw. But why bother with Trusts & Companies if you go an give a personal guarantee. Sounds like a waste of time & money setting up a structure to protect your assets it you then leave yourself wide open personally.

Don’t understand this!!!!!
Juls

I need the plan so that I can work out the size and also want to add some extensions.

Good advice from all of you
thankyou very much

Juls

Thanks you have both helped

Jules

Thanks Terry
I have an appointment with the bank this week and needed some advice before fronting them

Jules

Yes I found them yesterday. Looks interesting and they also provide services if you are interested. I am wary of ‘services’ provided but am willing to have a look at the Club side of things. So join up and see how it goes.

Jules[biggrin]

Hi there
my opinion,take it for what its worth, is that you are buying at a high end of the market for your first property. Regardless of the fact that you will only be putting in @240k, you are still responsible for a property which cost more than $450K. I would be looking for something a little less costly. No matter how much you have read…[Read more]

Terry
sorry new at this. I have signed the contract and put down a deposit. Are you saying to insure the house now and not wait for the settlement in a few months??

Juls

hi Lei
I’ve heard of it and thought it would be excellent. Hoever I have been reading Steve’s books and going to his seminars and have found that sufficient. The cost of the Robert Kiyosaki (may have spelt it incorrectly) I thought was expensive. Also I was not sure about the amount of Australian content there was eg Tax Laws,etc. So that…[Read more]

392649
think I saw your posting on another website. You need a better defined goal than just wealth creation. Do some investing in investment books first. Steve’s books are a good place to start, then you can better define what you want to do with your cash. Don’t just rush out and buy property. You need to know what to do with it once you…[Read more]

I agree its a good idea to get to know the area first and renting is a good way to do so. But your long term plan of 1 unit and 2 houses sounds good to me

good luck with it.