G’day Ali, bah the negative nag sayers, the you’ll never do its and the be careful clydes.
Congratulations for commencing what will no doubt be the journey of your life. I was once told by a businessman look at the position of the person giving the advice then make up your own mind. In all due respect too those close to us but I’II be blunt. Most…[Read more]

G’day Chris,

positive gearing can come in all shapes and sizes. A good renovation that results in cash flow can be positive gearing. However if I can give you a personal example as too how I have positively geared in the past without cash down.

I bought a 2 bedroom unit in March 2003 in Brisbane. Purchase costs were $66,500. The unit was rented…[Read more]

Thanks guys for the response

[biggrin]

Gerard

Hey Xon,

I think the key question you should be asking yourself is why am I investing?
1. Is it too build a cash flow positive propeerty portfolio and replace work time with cash fro your properties.

2. Do you want too take advantage of FHOG, build equity and then develop more cash flow later?

Whats are your goals in property?

With $40,000.00…[Read more]

Thanks PG and geo

much appreciated

[biggrin]

Gerry

G’day Brisbane 04,

I have been through Rockhampton extensively. I do know that some of the agents in Rocky have huge rental rolls which can lead to problematic PM. As a was doing the agent crwal up there some of the agents bragged about their huge rental rolls. Big rental rolls, big problems!

Can I suggest that you give Jade Carr at Ray White…[Read more]

G’day Domo,

hope this reply finds you well. I think it comes down too ” the reason ” that you are investing too answer your accountants comcerns. I can so relate too professionals who look down upon positive returns. I have often said too friends what are you investing for? If you are investing as a highly paid professional (slave) which most…[Read more]