Thanks Mortgage Advisor,

I guess I was speaking from the point of view of someone who is really champing at the bit to get into investing more heavily but is only constrained but funds, and of course more knowledge from research.

A good point you make.

By the way I’m a Leo.

Matt

Newbys 1 stop shop P2

Other useful points

Learn the jargon.

Do a search on the forums for abbreviations. It makes reading posts so much easier.

Use the searches to snswer your questions as well as posts. Most stuff has been discussed around here at some point.

Due Dilligence

Know as much as you can about the property you intend to buy.…[Read more]

Jerry,

I too have not long ago finished 0-130 and have only frequented the forums for about a week. I get the feeling most people are in a wait and see holding pattern at the moment, although they seem reluctant to admit it.

Interesting point you make.

Matt

Mel,

Thanks very much for the info. Its really appreciated that you are happy to share info for those of us just beginning the journey and not guard it as your own. Rest assured my foray into investing will be some way off but I’m very interested in getting to know all I can especially the tricks of the trade all you regulars obviously use.…[Read more]

Yack,

When you say

“I will sit tight for next 6-12 months.”

Do you mean you’re not intending to buy more property for that period?

Surely you keep an eye on the market and would snap up a CF +ve bargain if you found it?

Matt

BlackJack,

Hindsight Oh Well.

Moved to Dodges 3 years ago. don’t know how many sub 100K properties we looked at in that time, even sub 60K properties. If only we had snapped a couple up.

I would like to invest closer to home – where around Hobart would you think of investing?

My accountant friend and I are thinking of teaming up in a…[Read more]

Hey Matt,

Hobart (New Town). Moved here to go to Uni 7 years ago and still haven’t finished .

Where are you?

BlackJack,

From Hobart originally – Now my wife and 4 little ones live at Dodges Ferry.

We team teach at Dunalley primary – we share a class so one of us can stay home and look after the young ‘uns.

New to the IP game – just 1 IP…[Read more]

BlackJack,

Its good to see the discussion getting back to this kids.

Amazing little (or big as the case may be) things aren’t they.

Good to hear your from Tassie – me too – What part?

With 4 small children under 7 our $2400 came as a welcome surprise in the bank account.

Any and all funds we get from the government we re-invest into our kids. Family tax benefit Part A (Family payment) which we get fortnightly we put into ASG for our kids education.

The family bonus we used to add heating to our IP, happy tenants, longer…[Read more]

Only as a youngster with my family. Have not been in my adult life. It is a wonderous place very wild, has an appeal all its own.

Not too many 80K properties left in Tassie sorry. Many sub 50K properties on the West Coast most likely gain a positive cashflow but little CG