Kate things will always pan out just be positive, when the going gets tough the tough go shopping. We always make a plan in our household and so will you.
Keep your chin up and dont fret the small stuff.

Kate
Networking with like minded people is a wonderful thing everyone that has replied has given you and me some really good options to investigate. My beautiful wife and I are in a similar quandry to you. We bought a negatively geared property for 430K (4 months later still not tenanted) and a block of land hoping to develop. The vacant land…[Read more]

At $95000 plus closing costs eg $10000 lets say worst case 8% interest, thus eg:20%dep plus the 10K closing costs: your min payment will be ball park $130 a week. Note students are a seaonal thing in some towns. So factor the average rental occupancy and not for a full 52 weeks. Then remember in many cases students can be the worst tenants,…[Read more]

Hi guys
Compliments of the season to you all.
I wish to share some numbers to hear your comments on a commercial property deal I wish to purchase/make.

200sqm Showroom/warehouse price $149k
Council Rates $975pa
Water Rates $905pa
Strata Fees $440pa

Condition of property: Structurally Sound brick and Mortar, aircon, Rear Access Roller Door,…[Read more]

Zen
I live around the corner from you. My wife and I are currently renting in Attadale, we bought an investment property in Alfred Cove. I believe what Steve says in his last book relating to the Perth / WA market showing no direct signs that the market is slowing down. However I do feel that the WA media are giving conflicting signals to the…[Read more]

Lizzy, If there has been a study conducted by RTA regarding the highway/freeway issue, usually there would be relatively good compensation granted and regarding the land issue / endangered species/wildlife…most times they are quite good at restoring the land around where they have excavated. You could contact your local environmentalist to see…[Read more]

High guys
Whilst reading what you have written I do agree that there are some conflicting results with regard to market indicators. The conflicting results in my opinion are mostly in the news papers and TV. Steves book is pretty clear, the book written by Olly Newland regarding the economic clock is very clear cut. There is the book called the…[Read more]

Hi Peter and Terry
I have been debating very similar issues regarding partnerships and selling negative geared properties.

Firstly – partnerships: As a safeguard I researched setting up something of this nature. In partnerships, you may start out being mates and being upfront however, as you know, life always has interesting turns and some turns…[Read more]