Total Members: 159,074

mattn

  • mattn replied to the topic Time to invest – but in what… in the forum No Subject 19 years, 6 months ago

    Thanks for the comments

    We have a 10 year plan mapped out which involves 6 to 10 investment properties, reinvestment into the existing business and purchasing assets that will generate income (businesses)

    We are thinking of investing in the following growth areas – Coomera, Broadbeach, Kingscliffe/Cabarrita and taking a bit of a punt around…[Read more]

  • mattn replied to the topic Waterford West, Crestmead and Marsden in the forum Help Needed! 19 years, 11 months ago

    My Favourites

    Lobster Surf & Turf $34

    Seafood Platter 4 2 $48
    Schnitzel $13
    Sound like the pub chef

  • mattn replied to the topic Waterford West, Crestmead and Marsden in the forum Help Needed! 19 years, 11 months ago

    Club Hotel Waterford has a good menu

  • mattn replied to the topic -ve geared property in the forum Help Needed! 19 years, 11 months ago

    Summer,
    I had the same questions after reading Steves Books & having an IP that is costing me money.

    I have taken on the advice of a few in this forum including Yack to find & read Peter Spans books. I finished the 10 mil in 10yrs last night & thought it an excellent book & would recommend all have a read for a different perspective.

    I am now…[Read more]

  • mattn replied to the topic It starts now in the forum Help Needed! 19 years, 12 months ago

    Thanks for the feedback.

    W currently have both our mortgage & IP as seperate loans. With a mix of equity in both.

    If we plan to buy more properties, should we consider a portfolio style loan (line of credit)

    We had one several years ago but were not as disciplined as we are now and struggled to make headway in repayments. Now we have set saving…[Read more]

  • mattn replied to the topic Lemmings in the forum Opinionated! 19 years, 12 months ago

    Good points by all. Probably as I am in SEQ, property is remaining a reasonable option for me.

    Any other alternatives to CF+ or CF neutral property anyone would like to put forward based on YAKs comments.

  • mattn replied to the topic Investing in SE Qld in the forum General Property 19 years, 12 months ago

    Gio,

    Just starting out, live on the GC & am interested in SEQ propertys

    Let me know if you come across any

    Cheers
    Matt

  • mattn replied to the topic Lemmings in the forum Opinionated! 19 years, 12 months ago

    Yak,
    As a new investor about to begin in the new market, I can only be thankful of the recent boom which has delivered me 300k in equity to play with moving forward as opposed to the 5k I have managed to save. (Until I saw the light & started my AIP)

    Still pretty hard to find +c/flow in capital growth potential areas

    Cheers
    Matt

  • mattn replied to the topic To equity or not to equity in the forum Help Needed! 19 years, 12 months ago

    Thanks PK

    I’m not overly worried about the extra repayments, my wife & I earn reasonable salaries. We started the business to access extra income to invest with but it’s a slow road after all the business set up costs. With the equity sitting there looks like an easy start up fund.

    Matt

mattn

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