Normy replied to the topic Newcomer in the forum The Treasure Chest 22 years, 2 months ago
Hi Jas,
You have started in the best way possible asking enormous amount of questions.
I was able to get heaps of advice from my collegues in a real estate office where I work which I found to be OK but you still have to sift through to find what suits your needs and style.
I am a great beliver in reading as much as you can. For example if a…[Read more]Normy replied to the topic Property Software Packages in the forum No Subject 22 years, 2 months ago
Hi Danny,
I think the PIA software is fantastic, I have had the old DOS version for two years and recently updated to the windows based version and I never purchase property before ensuring I run the figures through the software. I have also found that if you require any assistance with the software Ian Somers is very helpful. Also when ordering…[Read more]
Normy replied to the topic A question open for community discussion in the forum The Treasure Chest 22 years, 2 months ago
Hi Steve,
I think it is best to focus on cashflow. Without the cash the servicability struggles with the bank, making it difficult to borrow money to buy more property. Over time if you leverage into more property with a solid cashflow neutral or positive basis the long term capital growth will also be your rewards.
Also the mind games that can…[Read more]