Hey, TanyaaWhat general area are you in? Would help you for accountant recommendations. I know what you mean, have been to (former!) accountant for advice, had him fluff around because he didn't know, and then received a bill for $350 for his non-advice!Time to change accountants! A 'conventional' accountant will probably advise you to hold, so…[Read more]

Perhaps you could have plans drawn up, and sell it with a D.A. But this may take months to get thru council, and  whether you can afford to wait…"The" market is a fallacy in my opinion, there are several markets within each capital city. Your local market may go up, down or sideways in the next yr. You may have a strong opinion on your local…[Read more]

I am sure you can access the property, with the agent of course, either the day before or day of settlement. It is your right to check that all is in order for settlement. As far as advertising pre settlement, I can't see that he can stop you… but they can stop access by future tenants, even with the agent. Why he'd want to is hard to…[Read more]

Hi Howie.Sorry your investment is not going as well as you'd like. Not always easy.If you can find a better investment that will make money, rather than lose money, may be well advised to cut your losses and sell. We have a negatively geared property that we are selling at the moment, because it loses us money every year, and the sales price has…[Read more]

Hi Matt.I have been to Kiyosaki on the Gold Coast (2003, I think.) very inspiring, but when I finished it took me 3 months and a lot of frustration to find my first cashflow-positive property.Have done a share trading course, not as easy as it looks, and need to spend $14,000 or so to further my education. (Which I'm happy to do, but need to see…[Read more]

We have a great conveyancer who is organised, efficient and knows her stuff. We have used her several times, both for private and investment use, and recommend her highly.Jean Galloway. 02 4647 9855, mob 0413 310 499.Based in Harrington Park, near Camden, but makes no difference (she did a purchase and sale for us in Gunnedah!)Reasonable price,…[Read more]

Re: risks in mining towns.We've got property in Dysart, which is performing well. (Cash flow positive on loan of 105% of purchase price.)I mitigate risk by only buying in mining towns with more than several different mines in the area. Then every 3-6 months, I check the ASX website and look for info regarding the expected life span of those mines.…[Read more]