Yep speed is definaitely great.Is there any chance that 'Active Topics' could be arranged by topic? I think it was before…Just helped to break it all up a bit so you could look in sections you chose to, instead of having to scroll all trhough.Many thanksPeter

Brilliant story Marc, thanks for sharing!

I wish you all the best as the journey continues and your life becomes ‘richer’

Peter

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Vision without action is a daydream. Action without vision is a nightmare.

I think wealth comes in the form of passive income.

A monthly cashflow that replaces a salary and means that if you did not get out of bed tomorrow morning it would not matter, your wealth would not be affected.

For me I am not too concerned about asset base, it will grow as a by-product but to have a guaranteed passive income (of the level you…[Read more]

Have confirmed with 2 brokers that the maximum LTV (Equivalent of LVR in UK) you could achieve is 75%.

So you are a little more limited than the standard 85% an investor might expect but it can be done!

Cheers
Peter

____________________________
Vision without action is a daydream. Action without vision is a nightmare.

Great post for clarification on a few points.

Terry, could have fooled me about being a tax expert. I was an accountant and agree with all your comments.

Can I hijack for a moment and ask for clarification about:
“Let’s say I borrow $200,000 to buy an IP. The IP costs $160,000 (whoa, a 125% loan? Nope, just a bit of equity withdrawal and 80%…[Read more]

I have done some research myself with good results:

North of Adelaide, the new suburb being built is called Playford North. 300 hectares being developed at cost of more than a billion dollars. Will take areas population from 13K to 30K in next 15 years.

That will obviously increase prices in local area but even more intersting I think is the…[Read more]

Hi All,

I am in the UK and buying property here.

London is similar to a Sydney or Melbourne in that with most capital cities cashflow positive properties are harder to find. And by same token property is expensive.

But outside of London I do not thinnk property is expensive and positive cashflow opportunities do exist, so you can apply the same…[Read more]

The one area I see as huge growth and potential and that some people are making a lot of money from is the internet!

We are in the information age!

This is a real gold mine.

Strategies can vary from interent marketing, to adervtising, to controlling traffic and sales.

This is a passive income opportunity not to be missed.

Cheers
Peter