Mate that post is outstanding, thanks for taking the time to share your insights, all the best…

Hi Antonio,
By moving your family home out of your name and into a trust, you are effectively selling it to the trust, you would have to pay stamp duty again making it quite expensive, its not reccomended.
Can I suggest getting Wealth Guardian from this site. I found it a tad expensive, however if your like me Education is priceless and I really…[Read more]

I think Dazzling was alluding to the fact you cant accuratly comment on the nsw market like that as a whole.Or any market for that matter. For it to be accurate it would have to specify which area of the Nsw market was overvalued 36%. Inner city units, brown houses, orange houses etc…Incidently i noticed in last weekends papers (cant remember…[Read more]

Interesting post this, always wondered if there was any point to a pre nup… I certainly dont want the other half walking away with all my money. But like others theres noway we will break up… Or will we???? People being people theres no guarantee that the other half wont find something better or harbour resentment untill it blows up in my…[Read more]

I live in Nsw but worked interstate for 2 months in Ormeau earlier this year. Ormeau is roughly half way between GC and Brizzy and while working there I noted several interesting facts.
1.First thing is the peak hour traffic into Brisbane is real bad. Four lanes means nice flowing freeways. However it all comes to a grinding holt more then 10k out…[Read more]

May sound stupid but have you tried offering them an incentive, is there a cash figure you are willing to pay them to leave and still make the numbers stack up. Perhaps tell them im either going to use this money to get a solicitor to remove you or you can take the money and run either way i will have you out of there… Personally I like the…[Read more]

Im sure ive made the right decision. My long term goals are financial freedom, this will not be gained by pursuing the career path im on. Im already on 80k.And i only work a flat 40 hrs. But a higher position requires 60 to 80 hour per week. Longer hours are not what im looking for.
To do both would be pointless at this stage as uni would make me…[Read more]

I gotta admit the program is pricey and the signing up scenario was a deadset shocker and completely unfair not to mention the opportunities in the market dont seem that great. But at the end of the day if participating in the mentoring program saves me from 1 bad deal. Then it has paid for it self. More so I have the option to go to uni part…[Read more]

Purely as a suggestion, The market is reasonably flat, and your only talking about a 2 year period.
Why not just slap the whole lot in the bank. If your earning that type of an income be serious and save part of it. 400$ aweek has to be easily achievable on that type of a wage if not more. (correct me if im wrong) You would be receiving around…[Read more]

Diggo, are you those figures correct, or is it 2000$ monthly from your job and 400$ from investments.
If they are truly correct sounds to me like you may not need to concern yourself with property at the moment. Perhaps you should concentrate on your current returns and increasing them.
Why the interest in property? are your current investments…[Read more]

Nice one asdf! u too Munjy!

Yes definitely i want best bang for my buck!
The reason i started this topic was to test it. I want people to comment on the idea and pull it apart based on there experience.
Funnily enough A year ago after reading Steves first book I swore i would never buy a house to live in as i believed i could save and build an investment property portfolio…[Read more]

Perhaps i need to be more clearer on my issues I dont have a problem with renting, but as a potential first home buyer in TODAYS MARKET, It makes alot of sense to take advantage of the first home buyers grant with no stamp duty. And because i intend to live in it there is no capital gains tax to pay. So by taking the money I have now I can…[Read more]

Steve,
As mentioned previously by “Investor in Training” there are some critical considerations required as to whether to take advantage of the first home buyers grant with no stamp duty plus the fact the market has slumped vs renting.
Being a first time investor I personally have reached the conclusion that now is the time for me to buy. Instead…[Read more]