Hi Breeza, Firstly welcome to the forums. You've come to the right place for advice. It's good to see so much enthusiasm from you, and that you have a desire to succeed.You've mentioned that you want to own many properties by the time you turn 30 and own your dream home by the time you turn 32How much money do you need to achieve this? What do you…[Read more]

ummester wrote:
its really very simple.If the interest on the loan can be locked in for less than what the rent cost you PA – you should buy. If the interest is more than the rent – you should rent and save.

Well summarised  One thing to becareful about though, is how it will affect your borrowing ability for other investment properties

Thanks guys,I really enjoyed the reading your posts, and looking at different perspectives. At this stage however, I feel that there is too much uncertainty and instability in the world, and the only place I feel safe investing my money is in commodities such as Gold and Silver. I also feel that it would be prudent to watch and see what happens…[Read more]

First of all, welcome to the forums! Saving $50,000 whilst you were still at university is quite an achievement! What should you do with that money? Well that's a good question, but it really depends on youWhat are your goals? What time frame are you looking at to achieve this goal? And Why?There are plenty of ways to make money, whether it be in…[Read more]

I don't really know much about brokers, but TerryW has contributed greatly to these forums, and seems like a nice person I would want to do business with

Some good points thereJust attended a Rich Dad Event, and one of the thing Robert goes through during the breakout session is the need to deal with the 'Past' and 'Present' in order to be able to predict the 'future'The other breakout session by Monica about "Secrets of overcoming obstacles and taking action" also deals with the past, present, and…[Read more]

LOL Guess you are still investing (or not investing) based on numbers

SueD wrote:
5 years ago I purchased a small sydney terrace in a beautiful, quiet, up and coming area which is 5 minutes drive from the city. The house is located in a block of streets known as the "Golden Triangle". This house is the worst house in the best street scenario. When I purchased it I could only just afford it, it was a risk and I…[Read more]

Wow… Talk about a heated debate in here! As investors, I guess it all comes down to what you value moreMoney or Time?Would you rather try to do the job yourself to save a few bucks, and risk blotching things up?Or would you rather hire a professional who can do the job property in a timely manner?Personally, for me it depends on the jobIf its…[Read more]

HighIncomeProperty wrote:
Simon, As a Canadian, you might have a better chance than other non-resident investors, although I am not sure that buying thru the business is going to make it easier. Assuming you want to borrow 90% based on the value on the property and with no recourse to any other assets held by the LLC, you might have a hard time.…[Read more]

Hi Angel,May I ask why you are not investing in Australia anymore? Have you had some bad experiences here? Or is it just that you think properties here are much more overvalued than in other countries?And why you are thinking of European countries, as opposed to Asian countries, or Western Countries like the US?Personally I don't know much about…[Read more]

Thanks DWolfe! If you want something bad enough, I think you will find a wayMost people however are too comfortable where they are, and can't be bothered changingThe best tip I can offer, is to think about the BENEFITS of achieving your goals, so that the small menial things don't matterAs the the $90k thing, it's called 'Fractional Reserve…[Read more]

Been doing the usual things: Work, Study, Exercise, Games, and time seems to flyWork:Been working 6-7 days per week for the past few monthsThe boss is happy to give me a week off in April, and some time off to attend events around June-July period Studies:Recently completed a course in Austrian economics relating to the 'Anatomy of the Feds' – Did…[Read more]

I'm interested in investing in US properties, and I'd love to have an investment partner to work with and share insights with, but not at this stage (I may consider doing so from 2014 onwards depending on how things unfold around the world)

Hi WinstonWolfe,Thanks for the indepth charts and your valuable insights  Just like you I am investing in where I believe the returns will be greatest and investing in cyclesI am a firm believer that there are cycles in everything, from properties, to shares, to commoditiesAnd right now I believe the best asset class to invest in during this…[Read more]

Thanks for the elaboration guys, and for the website http://www.austlii.edu.au/databases.html#cthI'll add it to my bookmark list for future reference

Do you have to lodge a Product Disclosure Statement with ASIC in order to get financing from a private investor, or is it mainly because this has been posted in a public forum?

In my view, I believe 'Financing' is one of the most important aspects that guide the prices of properties. The easier it is to get finance, the more likely the value of properties in a certain area will increase. Conversely, the harder it is to get finance, the less likely they are to increase. Banks tend to lend based on an individual's income…[Read more]

Hi White_goodman, Thank you for raising your concerns. I agree with your comment about all bubbles eventually bursting. But I don’t quite understand how you’ve come to the conclusion that Silver has increased parabolically and is currently in a bubble. One of the most common aspects of bubbles such as the dot.com bubble, the Tulips bubble, the…[Read more]

A big thanks to all those that have contributed to this thread and shared their experiences so that we can all learn from another Being in my early 20s and having only commenced work this year after graduating from university, I have limited experiences in investing, and haven't made many mistakes yetI'd say my biggest mistake so far is what you…[Read more]