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  • Profile photo of purpleblondiepurpleblondie
    Member
    @purpleblondie
    Join Date: 2004
    Post Count: 6

    I agree that $70 is excessive to pay for a new washer. However, as a non-handywoman, I wouldn’t have had a clue how to change a washer when i was renting. How about you offer to go over and change it yourself? That would solve the problem.

    Annette

    Profile photo of purpleblondiepurpleblondie
    Member
    @purpleblondie
    Join Date: 2004
    Post Count: 6

    Yasmina,

    I was just the same with my first (and only) IP purchase to date. Lots of problems with it over the past 2 years which is why I haven’t bought any subsequent properties. However, now that I’m clued up on due diligence after attending Steve’s seminar, I feel much more prepared and in control. I trust my next purchase will be a more positive experience.

    Annette

    Profile photo of purpleblondiepurpleblondie
    Member
    @purpleblondie
    Join Date: 2004
    Post Count: 6

    I’m 47 now.

    Wish I had thought about investing years ago, before spending 22 years working for the govt in a soul destroying environment.

    I plan to quit this job in the next 12 months, and work for myself part time, just so as to have an income while I pursue the property investing goal. I wish I had taken the plunge years ago, but the public service sucks you in, and the longer you’re in, the harder it is to leave. Another 8 years and then I could retire on a decent super salary, but I can’t face wasting any more of my precious life feeling resentful and wondering what if…..

    So here’s hoping the property investing works out, and that I can make enough to live well. Can’t say I plan on a time for retirement – hoping to make a success of investing and to keep on doing that for years to come.

    I’m looking forward to 2006, when I can kiss this job goodbye, do the things I really want to do with my time, and start living for “NOW”.

    I have found these forums to be really helpful with advice and ideas. To a property novice who is desperate (but confident) about making some major life changes, the info from the experienced investors is really appreciated.

    Annette [bow]

    Profile photo of purpleblondiepurpleblondie
    Member
    @purpleblondie
    Join Date: 2004
    Post Count: 6

    Hi Steve,

    I’d like some info on the best way to get started with a property portfolio. What strategies should be used? Is it best to buy a property with land which can be developed, thus making a capital gain which enables more properties to be bought with the profits, or to go for the positive cashflow properties? Or a mix of both? I would find some help on this matter invaluable.

    Thanks,
    [blink]

    annette

    Profile photo of purpleblondiepurpleblondie
    Member
    @purpleblondie
    Join Date: 2004
    Post Count: 6

    [biggrin]
    I am about to place my home on the market – never thought I’d sell it – but have realised that in order to access some capital, I have no other option. So the short term plan is to sell my home, rent a place, and use the funds to invest in property. This is a big step but I feel I’m making the right decision. I attended Steve’s Masterclass in Perth last month; it changed my perspective on things, and has made me re-prioritise the things that are truly important to me. Has anyone else taken this step in order to realise some capital? How have things worked out?

    Annette

    annette

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