I can personally recommend Jamie (above). I live in a remote mining town in Queensland, 1000's of km's away from where Jamie is based but everything is so easy with phone and email. Plus he obviously knows his stuff….

-Nathan

ChrisA1 wrote:
Being a stickybeak, I went onto mipsales.com.au and I kept getting a potential virus alert from my virus progam (AVG). Does anyone else get this virus alert??

I think I'll stick to the conventional 'bug the RE agents' approach if this continues….

I use Kaspersky and it doesn't come up with any virus alert? Make sure you put…[Read more]

Personally I wouldn't touch Cairns at the moment. It is way too reliant on the tourism industry which obviously isn't going too great at the moment, And I believe there is an oversupply of units available there as well. Not too sure what the vacancy rate is like but that could be an issue? There are heaps of bargains there at the moment but it…[Read more]

Hi Pamalamutes,

http://www.mipsales.com.au is a website for those sorts of properties that are for sale.

-Nathan

I am pretty sure Steve is still doing exactly what he was doing back then… just not in Australia

How do Positive geared properties make money in the long run?  Is the idea to keep them forever or to sell them within the 6 year period to avoid CGT?

This is what you want to hang on to if you plan on eventually replacing your income! To sell it CGT free in 6 years you have to be claiming it as your PPOR. And you can only ever have one of these…[Read more]

Hi Muz and welcome to the forum.

I am going to post multiple posts as this is my FIFTH attempt!!… Each time I get half way through the page freezes up and I loose everything! Grrr!!

Anyway…..

If we build our family home, are we better off to sell both of our existing homes and start investing from scratch?

I believe so. That way you are…[Read more]

With investing in general if it sounds too good to be true then it generally is!
Not saying that there aren't some amazing deals and opportunities out there, but they will usually come
from alot of effort searching for them or making them, and not just fall on your lap.

If this has sparked your interest in property investing in Bali, I would say…[Read more]

Derek wrote:
Hi Steve,

At the moment quoted posts appear immediately underneath the original comment whereas the old forum the last post was the last post irrespective of whether or not it quoted someone else.

New format now means I have to try and find the new post in amongst the whole thread rather than just going directly to the bottom of…[Read more]

Good day SMSF!

It Obviously was a pretty old magazine to say stocks are a good investment as they aren't exactly doing well at the moment!
I think now is a good time to buy into some good companies at cheap prices that are paying a good dividend yield but only as a long term investment as the market is pretty volatile.
In saying that I enjoy…[Read more]

My two favorite by far would have to be 'Rich Dad Poor Dad', and 'The Richest Man In Babylon'. Neither of them are specifically about property but they are great for getting you into an investing mindset and really change the way you think about things.
Definitely recommend them if you are just starting out!

Michael Yardney is good but he is…[Read more]

Sorry somehow I managed to post twice above ^^^ Does anyone know how to delete a post? I tried Edit but couldn't find anything??

engelorumora wrote:
IM IN HEAVEN

Below is a link of how the renovation is progressing on "Australia's Cheapest House" in Moree NSW. I hope you enjoy. I normally have a nice voice it just sounds wierd this time

http://www.youtube.com/watch?v=VCSe4_LITeE

Regards,
Engelo

Nice work Engelo the house is coming along nicely!
Do you plan on…[Read more]

engelorumora wrote:
IM IN HEAVEN

Below is a link of how the renovation is progressing on "Australia's Cheapest House" in Moree NSW. I hope you enjoy. I normally have a nice voice it just sounds wierd this time

http://www.youtube.com/watch?v=VCSe4_LITeE

Regards,
Engelo

Nice work Engelo the house is coming along nicely!
Do you plan on…[Read more]

Thanks BH,

Love what you guys have done so far.

Cheers,
Nathan

I asked the same thing on the 'new site' thread yesterday. Hopefully it gets bought back.

I thought I posted on here this morning but now can't find it so sorry if it comes up twice!

The new site looks great and was surely worth the downtime! but…

Is there anyway we can bring back the 'subscribe' button or something similar so we can follow threads that we have not posted on.

Thanks

Nathan

When I got mine done on a property I didn’t know the build date on, I was told just to leave that bit blank and then they find it out. I guess just if you know then it saves them having to find out.

Sounds like there would be too many fees. Loan fees, gap protection (insurance) fees as well as brokerage for the shares. I am guessing they are an ETF so you will be paying a percentage for them aswell. I think you’re better off with a standard IO loan with an offset account and if you want a share portfolio as well then do that separately.
Just…[Read more]

Your deductions will be any income made from the property minus any expenses like loan repayments. If you expenses are more then your income then this is negative gearing and reduces your taxable income.
Shoot Jamie an email and he will help you out. Doesn’t matter where you live.
I made the mistake of not initially going through a mortgage broker…[Read more]