Hi Marisa, is the message a McAfee Virus Scan message? Or is it just a random message that doesn’t tell you what the trojan is called and tries to direct you to an anti virus software page? If it is in fact McAfee alerting you to an infection, it should tell you what the infection is called and prompt you to either delete the file or clean it. If it is unable to do either then you will need to check to see if your DAT files are up to date. If it is a genuine infection (and not a dodgey pop up advertisement) then I’d suggest downloading Stinger from http://vil.nai.com/vil/stinger/ and running a scan with that on your system. It is a free download and detects the most common and current viruses, trojans and worms.

Cheers

That much CG in 2 years.. I wish I was in your shoes
The yield on your investment is pretty average. Depending on growth in the area and how well the business is going (and if it’s growing).. I’d probably sell, especially if you had other properties you could pay off with the surplus.

They’re extremely lucky to have the friend rent them their place at a low rent. I wouldn’t want to imagine how things would be like for them if that wasn’t the case; 3 kids, one casual income.. in SYDNEY too. [blink]

Apart from the husband possibly getting full time work, is your daughter thinking of doing anything to help financially? Maybe work from home or something similar? Just from the basic info you’ve provided I’m thinking that they’d be struggling if she doesn’t.. imagine their friend decides to stop renting the place to them and wants to sell it.

My thoughts = your post is lacking some information.. [blink]
You know there are some country towns where the councils GIVE AWAY land to people to encourage investment and economic growth.

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But wouldn’t the Media generated hype be a good thing for us poor investors, hey the prices come down and we purchase at a better price.
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That’s definitely one of the good points. What I meant with the comment was just how the media has been publishing crazy articles with statements from ‘experts’ such as housing prices not appreciating for the next 10 years for example. It just freaks me out how someone can say something so general and in my mind.. impossible and have it published, being confident that what they say will eventuate. There are just so many factors which influence this and so much can happen in 10 yrs [jerry]

Low income + wanting to invest in Sydney = [weird]

My advice: start small; maybe a 1br unit, then move up. Even with a partner, things will be hard when you’re on a low income. Sydney prices are shocking, have you thought of investing interstate? Somewhere more affordable like Adelaide or even Melbourne might be the way to go.

Might not be a good idea but worth a shot.. this idea depends on how long you want to keep the property as a rental for and how big the lawn area is. You could do a minor landscaping job or just re-do the lawn with a low maintenance grass.

Wowsers.. you own your own PPOR and 3 IP’s outright? You’re doing better than most people here [thumbsupanim] With that many purchases I would have thought that you already had enough experience to answer your own question, unless all of the properties were bought upfront with no mortgages (?) I’m only a beginner (24yo with 2 properties) but to me, to be ‘safe’ with your loan repayments you should hopefully be able to make the repayments + any other expenses from your income even without rental income from the properties and still live comfortably (i.e. not surviving on 2 minute noodles ). It’s different from person to person though because everyone has different lifestyles and expenses so it’d be hard to say.