This is what I aim to do. Outer areas of capital cities are great for that, but we live in Coffs so I dont know those areas…
I lived in Brisbane during uni – so might begin there…but I also hve family that have lived in Sydney for 10 yrs who know the area well
Coffs is great for decent priced homes, and a strong rental market, but not many…[Read more]
These are great repsonses
I jsut went for a walk before and had an epiphany (ha ha) of why im getting frustrated and confused about proeprty
my conviction, or my WHY has not been strong enough. When I decided for positive cash flow, I get sucked into capital gains because my WY for positive is not strong enough….
I’ve been reading 0 to 260 in 7…[Read more]
Ah ok nice one. Thats great your doing investing
Well, we’re going to a proeprty investing seminar in SYD in NOV which we cant wait – its run by RESULTS and all about how to do positive cash flow deals.
Because its our first deposit, im not sure whether to put it into a buy/hold (positive real estate or capital growth…because if its…[Read more]
Its a long block, and putting one house behind the other.
$140 is all included, fixed price.
The house wont be an extension as it will be subdivided…such as 5a and 5b…
Have you built before? haha your right I haven’t built before but im trying to come up with win win scenario’s as my partner wants to buy PPOR and I want to buy an investment…[Read more]
haha ONLY 3 properties….wow thats amazing effort!!!
here is the idea for my first property…
its in toormina (near coffs and near a great highly valued suburb on the beach)
its advertised at $235K – nice block but house looks a bit dodgy
heres the link http://www.realestate.com.au/property-house-nsw-toormina-107673851
As it needs some cosmetic…[Read more]
great advice.
did you do this while working full time? and do you aim for some capital growth in there? or jsut the positive cash flow…Because this house we’re looking at, while small on a big block,. there’s easy cosmetic reno to do – but the growth in that area probably wont happen for another 10 yrs..
thats great advice buy/hold buy/hold -…[Read more]
our thanks for such an awesome reply!!!!!
dont worry – we both work full time now- and when we get the property ball rolling i’ll back in down to 4 days, then 3 then 2 etc – then my partner will stop if feasible
Yeah i thought Steve pioneered Results and we’ll make our decision after the workshop in NOV. i want the mentor to help me narrow down…[Read more]
Steve MCknight doesn't offer a mentor program does he?? I thought he just did the occassional seminar?i'd be VERY interested if he did run mentoring!!!
Wow you guys have pearls of wisdom. thanks for lending your time to reply!
We are remaining to work full time until we get our strategy rolling.
While i have read many books – and i mean a lot, i’d like someone to help me clarify things.
While we want 100K in passive income, I want to source deals that provide cash flow each week and also deals…[Read more]
Great advice Mat – books are great and im voracious for info! but its so hard condensing it all and getting one solid idea…I spose its good combining them all to have an edge -but just to start – i'd love some guidanceWow carolyn thanks so much for your reply!!!this may sound awful – but my family are not very supportive on this diea. While they…[Read more]
HI Carolyni
Wow thats so exciting to hear!!! Good on you!
me and my partner are going to the RESULTS full day workshop in sydney in Nov. cannot wait. We are renting at the moment, have a deposit saved for PPOR but prefer to begin investing while we’re young and no commitments except for full time work.
If i may – can i ask how long it took to…[Read more]
While we are looking at both IP and PPOR – we are keeping are eyes out. The property we found on the weekend, is yes a cheap one i Coffs harbour. However my brother s an engineer and used ot renovate houses and has looked at this one and will help with cosmetic renovations and basic kitchen and…[Read more]