If that house was your PPOR and
now you place it in the rental market
check first if you sell it 1-2 years down the track if you are liable for CGT

Originally posted by nchattaway:
I hope that rental rates will rise over the next year or so, and push this IP into a small CF+ situation. I’d need a raise of around 5% to break even, does anybody think this is likely?

Hi Nathan
I can NOT see the rents gaing 5% In the next 12 months
I think we will be lucky to get 2%

IMHO I would NOT purchase
anything as Investment in
Southbank/Docklands
Too many negatives as far as I can see
I have been wrong before though

Originally posted by richmond:
I’ll ponder it over a few beers as I watch the Tigers destroy Collingwood and get back to you all tomorrow…

Cheers
r

26/3/2004 19:40 Richmond 9 9 63 3rd Qtr 18:00 4 4 28 Collingwood
Hopefully it will finish the same margin Go The Tiges

Originally posted by yack:
<<<<secret- build the portfolio and try not to spend too much money on holidays, cars, clothes, etc at the start. You get all that later.>>>>

Great advice – maybe I should mention that to the wife and kids. Well i should not complain too much.

Yack
I see we have same problem
If you find the answer PLEASE PM me…[Read more]

I buy from newsagent
IF I remember
thinking of subscribing

Originally posted by georgisj:
kaloni,

If you have no debt, shares, savings , IP’s and PPOR all paid off, then I would guess you could borrow 100% plus costs for your next IP.

James

Yes i know BUT
I would like to add to capital
so repayments are reduced
would about 20% be suficient??

Hi
My situation is a bit different
here we go
I have about$100000 Bank $65000 shares
own my ppor
own some ip’s
No dept cuyrrently
so looking at properties around $300000 mark

If you want to sell and not prepared to put price on
thread why not PM price to people interested??
with a clause they do not disclose the price in
thread???
I AM INTERESTED PM me

have they got a webpage
Thanks

I don’t think number of properties
is a good indication
you can have
10 properties @ 100K
OR
2 Property @ 500K

Originally posted by Still in School:
Hi Guys,

im not to concerned about what the media or some so called gurus, who have only been in the market for a short time, but theory is one thing, but reality is a whole different thing…

how many times have we heard “when a boom occurs a bust follows afterwards” thats in theory, but in reality this is…[Read more]

looked at a townhouse in glenhuntly vic
a unit in ormond
then went for a drive around your neck of the
woods Yack
Mentone beumauris mordialock just
drove around checking the area and
looking For Sale boards

Originally posted by yack:
I have mainly bought 2 bed units. In hindsight houses would have been better.

A 2 bed unit described would be about $250k and rented for $200 per week. In Frankston a 2 bed unit in Sth Frankston is about $200-$220k and rents for about $160 per week.
If you could afford it buy a house as it had a larger land component…[Read more]

Originally posted by yack:
My aim is to buy quality investment properties.

So I start as ve-, then as time progresses they become ve+ and I can then buy more quality properties. My strategy does require one to have some income. Jan Somers is the author of this strategy and I have modified it for my purposes and its worth reading her…[Read more]

Originally posted by AusProp:

I see on the TV this morning that there is a possibility that Labor may win the Federal election. I haven’t really been listening to Latham’s wild remarks but I think I better start. Is this the blip on the radar that we have been looking for – this could be the trigger for recession in this country? Did he also…[Read more]

The market at the moment is very weird
so treat with caution
I see some properties achieve the reserves
and some not BUT even if they are not
been achieved some are sold
half of the actions last w/e in melbourne
were passed in with a vendor bid
one auction 3 weeks ago summons it up for me
Darling Rd malvern east Vic
Two of a pair on one block one…[Read more]

Originally posted by Derek:
Hi all,

A tip for all – wait for your live update to complete the process before you open up your email programs. This way you have a greater chance of being fully protected before you open any emails.

Derek

ALSO make sure that you set the real time protection to on
otherwise the only way it will detect the virus
is…[Read more]

Originally posted by Pisces:
Why re-invent the wheel Julian ?

There is a nice program around called Rentmaster which does a lot of things other than keeping a record of renatls received (including being able to print a list of delinquent renters etc).

It sells for about A $ 75-00

If anyone is interested and wants a free evaluation copy AND is…[Read more]

Hi Julian
I use Norton for Virus
Sygate Personal Firewall pro
ALSO
I have Spysweeper runing
AND another proggie you should get is
Anti Trojan
can never be too carefull