Hi Ryan, your website looks cool and I am interested. Just wondering whether you also include factoring in the vacancy and additional information such as nearby large development. As I noticed that sometimes, positive cash flow properties are found in areas that are dying and vacancy is really high especially in the rural area.

Dear ShanShan,

That is a good question. There are too many companies to choose from and there are mostly just an offshoot of the selling department.

I suggest you find a company that is created by Investors to look after investors. Adprop is created by Xenia and her business partner. Her contact is [email protected]. Mention my name. I lived in Adelaide for along time and there is just no one and I mean no one will look after you better than Xenia and her team. Their focus is property management not selling. They can teach you how to get more rent, create value to your property and then not screw you around like many agents/people I know, it is worth every penny.

Hi All.

It is definitely a great subject. When it comes to investing strategies, there is no one way. What I have learnt is our perception of risk and how much of it we think we can take on. There are countless books to read and research. Depending who you read and likes is the one that you are most likely to side on. Robert Kiyosaki, Peter Span, Margaret Lomas, Warren Buffet are all great skilled people who have cut out a niche that they are good at and went forward to achieve great wealth.

I am by all means financial free yet. However, I think to help those who are not sure yet whether properties or share is the way to create wealth, we simply need to change our mind set. Mind set does not mean just about investing, it is about how we live our lives as a whole. For example, My fiance and I have a plan with investing and formulating strategies to become financial free in five years time. We have a wedding next year that cost <$10k. Speaking to some of our work colleagues, their wedding cost have been >$20k-100k. We are back packing in our honey moon whereas others are living in the best hotels in the most expensive city. They call it once in the life time opportunity. I guess that different people have different objective as we believe once we are financial free, all the options suddenly open to us for the rest of our lives ahead. We will be more confident not having to rely on those less than optimal bosses in a job.

My advice to those starting out, is to find an area that you think you will be good at. Then concentrate on it. I know a couple, who did everything they can to be successful in properties. There are plenty of money to be made when we are more creative.

It is sometimes OK to hold a negatively geared property. If we do our homework right there may be other factors at play that may give you good capital growth ie. nearby development such as what is happening in Port Adelaide or a mining town boom nearby. There are lots of experts who do not believe in selling as they like drawing the equity down. The purchase power is from what they believe is larger there than selling and possibly get capital gain tax. I guess it is what you prefer and how you want to manage your risk. I personally do not like selling but there come a time where there is a need eg. mining boom is coming to an end or reshuffling of properties to gain a better return. Margaret Lomas got this down to an art. It is definitely worthwhile reading her books.

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Hi Wezwas. Labor did not advertise to lower IR. The Reserve Bank is an independent party that controls IR based on numerous internal and international factors. This is the irony of the whole thing: Liberal promoted IR being all time high when Labor was in power. They accused them of mismanagement. But when there were 6 IR rise since Liberal was in power, they quickly claimed that it is oil price, drought etc etc. Hmm. I rest my case. OK I voted for Liberal but you will be shocked to know why I did it. So I am not telling.

Do not mean to offend anyone but only Yossarian has a clue about what it happening. His honesty has my fullest respect. And the rest of you, for God sake please read “Robert Kiyosaki” latest book on the global prediction and read the financial review. 

“I am sorry” if anyone is offended, “But I am not apologizing”