I so agree,

No one method is better or worse. I can show you different people who have gotten a method to work. It all depends on what you’re comfortable with. I mean reno’s didn’t work for Steve but they certainly did for others.

It can even work for lotto numbers based on the stars……… althogh not too often.

Josh

Hi fudge,

I do like your plan of attack as it is probably the one i will end up going for. There is merit to both ways, you do just have to find a way that suits you.

With the first plan someone mentioned that there were higher returns on investment made as opposed to paying down the loan. Whilst this is true it is due simply to the fact that…[Read more]

Thanks for the info Bryce.

I figured that as with most things there is a place for each in the portfolio.

One question though is that in the long term if the high capital growth property will eventualy have higher rental yields than the initialy high yielding property, is that desirable? I mean you might struggle a bit more initially but later…[Read more]

20-30% sounds nice but you really have to remember that the higher the return the higher the risk. If it was that safe every one would stop starting businesses and in vest in 2nd mortgages.

You have to remember that most people with smsf now are doing better because most people are a bit more conservative, with generally more cash assets than…[Read more]

Having read a few posts and a few more books, I am starting to question + cf IPs. I think like everything else there is a time a place for it but it’s not the only solution, you just have to find the method that works for tomorrow.

Josh

Hi chris,

There are some good tips here but not to put a damper on anything you do have to work hard at starting a small business. As they say a lot of small business colapse early on. I was just looking to do the same although my startup costs may be quite a bit higher than some of the ideas given. Just having a look makes you realise how…[Read more]