rob a bank…….

its sounds like you should have words with your mentor pronto! he may have the answer youre looking for…….

Presumably the debts you talk about are credit cards, pers. loans etc. If so, I also would be trying to get rid of these before undertaking any investments. Don’t know how good those loan products are that consolidated all these debts into one repayment?? Maybe an option. Eric

balance is the key i think. spending quality time with your kids or partners is just as vital and important as making the right investment decisions. sometimes the two go hand in hand. reading kays post above reminded me of something spontaneous i did last november. without any real planning i arranged to have the kids looked after by the outlaws…[Read more]

Who can say pabbs? I wish it were that easy to post an area that wanted to buy in and get a yes or no answer. I’m afraid it aint easy. Given that you said your nervous about getting back into pi, all the more reason to conduct a lot of your own research to ascertain if an area you wish to buy has some potential.

Eric

sounds like a big waste of money if you ask me! why don’t just utilise the sizeable equity in your ppor to start buying ip’s now. if you don’t like the area in which you are living then maybe time to sell up and go elsewhere. as far as predicting when the market will “really burst”, youre a better man than me! Its a buyers market now. Surely…[Read more]

sounds to me like youre well on the way to achieving great things for yourself! particularly like your eagerness to have it all mapped out and planned. and I guess thats the challenge. setting some short term term goals and sticking to them is conducive to achieving your longer term strategy.

Eric

I think thats what most of us struggle to do caston. Not sure that most however are so methodical about it. It kind of just happens really. I guess though everyone is very different in how these things are approached given that we all have distinctly different lifestyle expectations. My family are moving ahead on a single wage, working hard to…[Read more]

Owing to the lack of specifics (figs etc.) in your post, its impossible to give ones opinion. i have been in a similar situation to you and the first thing I did was speak with a good broker that came highly recommended to us. He had a look at what we had and then gave us a number of options to structure our finances according to what our plans…[Read more]

This topic has probably been sufficiently replied to by now, so i will just say that in reply the answer to this question is simple: THE MARKET WILL DETERMINE WHAT IS FAIR! This really is a no brainer sorry to say. Have a look at what the rents are for similar property’s where yours is situated. The question you need to ask yourself is if the 15%…[Read more]

“The main reason i want to leave is in my opinion it’ll take me to long to earn the money i want, to continue investing”

Hi Jarred,

One question. Why are you then studying??? Seems to me like a huge waste of time and money doing something that you want to rush so you can make investments.

I suspect that I am a few years older than you, however…[Read more]

The question also depends on what area???? You mention the Perth market. Well as Dazzling has so succinctly pointed out, Perth is a big place! And to show how complex your question is, I see in the papers over the last few days that pundits are claiming that the Sydney market has bottomed out. You really need to make your own assessment as to…[Read more]

for the couple of dollars a month, a private number is bliss! the problem is at the office. we get a least 3-4 indian telemarketers calling repeatedly for various telco’s. At first we were very annoyed about it (complaining direct to ADMA and the telco in Australia). this worked for a short while then it just started again. Nowadays we actually…[Read more]

not much you can do about it matt. first in best dressed. keep looking as surely another great deal is only around the corner.

Eric

I think you’ll find Dr.X that people that bag you are probably very envious of what you are doing and wish they could have what you have. Rather than admit this people around you prefer to knock you, as if they know better. I guess at the end of the day there are those that use instruments like property investment or shares to better their life…[Read more]

What has Kerry Packer got to do with a basic question of whether to hold your ip in your personal name or as a company?????

As others have said it would depend entirely on your personal circumstances (what type of property are you buying, how much etc.etc.) but if youre like most starting out do you really need to get technical by bothering with…[Read more]

Is this for investment or your ppor?? You don’t say. I assume it is your ppor. The pros and cons of new or old are enormous. Ultimately it will come down to affordability and your own personal taste (and that of a significant other/s as the case may be!).

Depends on what you want to do?? If you mean renovating and living in the property while you do that, gees your keener than i am! If you mean just buying ip’s and keeping the financial `balls’ in the air well thats a matter of seeing what your budget can allow. Like you I have kids also and have been sure to buy ip’s that are positive or neutral…[Read more]

While the numbers may stack up, growth in some of these regional areas may have already run its race. I have friends who have down quite well from buying units and houses in Cairns, but that was a couple of years ago. I wouldn’t expect that these areas will increase significantly over the coming years. Whether you invest or not i guess depends on…[Read more]

We all have to start somewhere!

Go to realestate.com.au to ascertain the rents on similar properties in the area you want to research. The rent on that other pty sounds a bit cheap? Any chance of increasing it?