Hi Tanya, I am also based in Brisbane and about to get started. If you would like to chat about possibilities drop me an email on [email protected] This is probably not the best place to chat about these things.

Good Luck trying to find good quality properties in Brisvegas at the moment that fit the 11 sec rule they are very sparse.

Kym

Hi Steve,

Firstly let me say “WELL DONE” – its about time you faught back!

In the words of a song written by Jewel “if i could tell the world just one thing it would be that we are all okay, not to worry cause worry is wasteful and useless in times like these”
“I won’t be made useless, I won’t be idle with dispair”

Keep doing what you do best…[Read more]

Hi all,

Having read all the posts on this subject and the website quoted and all the RK books except Prophecy, I feel compelled to make a simple comment.

Why is it that those people who like to defame and critic others are usually those who are operating under the tall poppy syndrome? Further more RK’s books provide a small snippet of…[Read more]

Hi polski

Get hold of Steve’s book and some other investing books. Not trying to be rude but if you don’t understand these terms then you are not ready to invest in real estate. Attend to your education before you invest you will be much more likely to succeed.

Good Luck

Hi viralk,

Please please remember that agent does not work for you. He works for the seller, his job is to get the best possible price for property.

This may help you make your decisions given the other feedback posted so far.

Good luck!

[][][][][][][][][][]

hahahahahahahhaha

You really are sick!

Hi vluu27,

I am no expert because I am just in the process but one thing I have learned is that you cannot afford to give up your job until you have at least 3 months worth of expenses in the bank and your positive cashflow is greater than your expenses each month. How you acheive that is really up to you. Have you read and played Rob…[Read more]

Do you have equity in PPOR that you can access for deposits?

This may be of some help otherwised if you can’t come up with anything else you could try 100% lend but this could be difficult.

Good Luck

Just a couple of things to note about ipswich – watch out for old mines (they still have not mapped them all yet) so do your searches carefully

Also Boeing have just renewed their contract with Amberely airbase and the air base is expanding over the next few years. Expect up to 6000 new servicemen and women in the area over the next 3 years.…[Read more]

Hi Sooshie,

One has to wonder whether the neighbours didn’t like your BIG sign.

[]

Hi all,
My thoughts are thus, although the baby boomers are aging and will quite probably begin downsizing their homes. Many of them did not buy larger 4+ bedroom homes to start with.

Also in lower socio economic areas such as in Brisbane the former housing commission areas which have almost all been given a facelift and sold of to first…[Read more]

Hi E-e-ideas,

Where can I find Neil Jenmans book. This sounds like interesting reading. I am an ex RE agent and I really loved working in the industry but found it hard to work ethically with some agents.

Many of the statements made about Jenman agents sound very familiar. Although I must be a bit niave because I had never heard of them before.

Kym[]

I think a round of applause is in order!

[]

We also are playing cashflow with our kids and trying to help them develop good money habits early. Not just investing but every day spending.
Our kids are brainwashed into thinking that credit is their friend and that you never really have to pay for anything “no money down – no repayments for…[Read more]

Hi Kadab1,

I am not sure that you have stated your question clearly, but will have a go based on what I understand.

Firstly, do you have a plan for your future with regard to your investment property portfolio.

Secondly, many of the advisers both on this forum and elsewhere would say NEVER Cross collaterise property. It is too risky.

Thirdly,…[Read more]

Hi all,

As many have already stated there seem to be a lot IT professionals here. Me was a Coordinator for local charity group (contract finished on friday) Yippee!! [8D]

Next month will be focussing on property investing and fostering. Staying home most of the time. Almost Retired (aged 34) I am happy not bored.

Life is an exciting challenge!!

Hi Mensch,

I’m with Richmond. Net worth doesn’t pay the bills, put food on the table etc. I have a friend who has over the past year amassed close to $2 Million in negative gearing property which proves my point. That family is working to cover the cost of their investments because someone told them that capital gain is the investment tool of…[Read more]

HI Powderfingers,

Good question however I know of a couple of private sales that have just sat on the market for some weeks when properties in that area are being sold within 20minutes of listing with an agent. One in particular I think is way over priced but what it does do is help slow the market a little and every bit helps if you ask me.…[Read more]

Hi Magnum,

I find it amazing that so many positive people are commenting here. Hope you are enjoying it also.

As for your string – I hope that you have picked up from everyone else that the determining factor in all of this fear and negativity is what you do with it. If like me you use it to drive you to find out absolutely everything you can…[Read more]

Hi Neddy,

I have just finished reading steve’s book and I loved it. I thought that there could have been more meat but then he wouldn’t need to sell the other stuff now would he. []

Welcome to the forum. I have only been here a short time myself and am thoroughly enjoying it. Great discussions and loads of helpful information.

Call me conservative or just a plain old fuddy duddy but I am all for a positive cashflow property on P & I Loans. If you have to tweek the deal to make it positive chances are it isn’t going to remain that way if rates change. However, I am not doing traditional buy & holds anyway. Maybe I will change my tune with more experience. Just…[Read more]