“+ve C.F IP’s really takes out the seasonality factor of the Real Estate industry (boom-bust cycle) as capital appreciation is really a bonus… However… unless you wanted to buy a property just for the sake of it, be happy with your maginal return”

I just re-read this. I like the first bit you wrote, up to the word ‘however’.

i reckon 10…[Read more]

I think the idea is like Russ says to build a portfolio. Just CF+ and you won’t get the growth to go fast, and just negative gearing Cap growth properties, and you’ll max out and won’t be able to service any more. So the way i figure it, you need both, but i think you need about 3-5 CF+ve properties to one neg geared property to balance out,…[Read more]

Sis, i agree, buy in doom!!!

Bill, “the recent decline in British R/E”…

meaning, a great time to start looking there for deals?

penguin, i call cap rates ‘yields’.
The properties i buy and have helped others find (10 to date all up) all have yields of over 15 -20 percent and should break even at 9-10 after holding costs

I know this sounds like a myth to the non-believers but it’s absolutely possible, and right now!!!

Wrappack, if low yields and capital gains usually go together, then so do high yields and little or no CGs.

but at the moment in Sydney, you have low yields and capital loss or no gains, and where i’m buying – small town, NZ – you have 16 percent plus yields and capital growth. Surprise surprise. Cafes going in and all the good signs.
Think…[Read more]

kay,

Dolf de Roos says, fall in love with the deal, not the property.

Also, a low-ball is not a low-ball if it’s accepted. but how do you know unless you ask?

9 contracts this week!

*aaargh*

runs screaming back to it

“or just bomb the smithereens out of”….

No matter what you end this sentence with it’s not OK. i regret to inform you that you have been brainwashed by George Bush, AKA the Antichrist,
a fellow who has been going around marketing ‘war’ as ‘peace’ and spreading FEAR to make egotistical people thing it’s OK as long as WE are all right…[Read more]

Yeah, Pisces, I hear ya.

speculate- highly geared – wanna go fast! Excitement…close to the edge…just gonna go for it! Well, that’s an ’emotional’ description of a type of investor.

I think i’m more of a ‘solid foundation, risk mitigation’ investor and I’m in no rush. i’ll go as fast as I can be bothered to, or as fast as I want to. Or when…[Read more]

yack,

the issue is..(debating-speak-)

‘that seminars are not worth the money and can’t teach you anything you can’t learn just as well by doing it yourself. That people who go to seminars are no more successful than people who do not’.

I am arguing against …ok here we go…

“What most of us dont understand is what you get out of a high…[Read more]

Yack, you’re just such a non-believer. if i put all your collated thoughts in one place it’d be like, ‘they are making way too much money from seminars! Why should they be making more than me? i work hard! Their seminars aren’t worth it! I’d only pay $30! They couldn’t teach me anything! i know it all! And anyway their strategy doesn’t work…[Read more]

I don’t do property investing with emotion. That is, it’s impossible to turn it off. but it’s the least emotional aspect of my life. I haven’t even been to see two of my properties. I don’t have an emotional reaction to the rent coming in, other than, good, it arrived. Much like you do your wages or salary. You just expect it, because you put the…[Read more]

“with the long term aim of reducing debt,”

basically to buy IPS you’d be increasing your debt and therefore risk. So I am wondering if you mean reduce consumer debt, or what? But yeah. castle dreamer is correct.

Don’t even look at anything under 10 percent yield, to cover you if interest rates rise some more.

cheers-
mini

I know that a) I’m not SIS and that b) you could accuse me of being a serial compulsive thread-crasher, but consider the possibility that SIS has cable modem and stays logged on even if not actually using the site.

Wow, Lucifer_au, who knew? Satan is an Aussie….

Castledreamer, I have been buying up the cheapo high yieldos in NZ as most of you know as I’ve been banging on about them with evangelical fervour for the best part of a year.

Anyway, I’m a dreaded self-employed freelance type who quite often manages to tax-deduct quite a bit of my life as I work…[Read more]

Hi John,

> other countries such as NZ? At what point in time throughout the negotiation
> process does it become necessary for you to actually go there and inspect the
> property for yourself?

I used to schlepp around and look at zillions of properties, but in the end the perfectly tidy little old lady owner occupied one I loved turned out to be…[Read more]

Hey james,

a friend’s mum who lives in Q’land was telling me she had a huge vibe for Logan about a year ago, which was a place people would warn you against, like, bigtime, and seems she was right. Her husband wouldn’t let her invest there though.
*sheesh*

but you should have heard the people slamming Logan around here, a year ago.
they would…[Read more]

hi Peter, although I am not westan, i’m going to have a crack because I think I know the answer to your question – how you keep your serviceability up is you buy positive cashflow properties. Then the income eventually replaces your job income. It gets better over time, too as rents increase. you are quite right that negatively geared properties…[Read more]

The overwhelming sentiment from this thread is that people seem to begrudge Steve and Dave charging for a seminar, even just in general there seems to be a begrudging of others making money, perhaps.
I find the best cure of this ‘you’ve got way too much and I’ve got less, you’ve got some of mine! i want more!’ vibe which is ‘fear and lack’…[Read more]

GeorgisJ, I think that with Q’land in general, you just can’t go wrong. i think that place is going to defy all the predictions no matter what happens in the rest of Aus. The projections are just huge for Qland. it’s about the growth they expect for the next 30 years, the thousands of jobs that are going in, all over the place. The growth…[Read more]