Forum Replies Created
Beerboy
At the moment doing the same building equity in current PPOR ( cheapest and easiest ways to do this is renovations etc, doing the work yourself -then re-value , also re-value your other properties if it hasn’t been done for a while )
Still searching for properties and wish i had more time, expect rates to go ‘up’ again in next couple of months, would ‘Love’ to get a + geared property before then.
There will alwaysbe areas where property get’s good growth, even in bad times, it’s just finding the next ‘Boom town’ or ‘suburb’
Also looking at hedging my bets and balancing out my investments by investing in some shares ( other than what my super fund does- and happy the papers expect Super to achieve around the 7% return in upcoming year, be nice after the – growth)
B+ is not just a blood type- it’s an attitude [
]Wouldn’t buy a block of land and build here ( WA ), you’re looking at 12-14 months to get your house built lately… shortage of bricks or something
REDWING“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
PINKY AND ARTY ‘DID’ SEE NEW YEARS IN WITH A BANG!![}
]WE WATCHED A MOVIE AT ARTHOUSE STYLE THEATRE, WALKED OUT AND SAW IT WAS 1155 SO ‘RACED’ TO VIEWING PLATFORM, ONLY ABOUT 100 PEOPLE HERE ( BUT KIDS,SPARKLERS ETC SO ‘MADE’ GREAT MOOD) AND A HIGH VANTAGE POINT, SO GREAT VIEW OF FIREWORKS THEN HOME TO ‘CRACK’ THE CHAMPAGNE AND……
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
Yack
Guess it all depends on your financial situation and what you can afford to do or buy, with two kids and a wife to support? plus the – geared properties you are probally on a better wage than most, property will appreciate in time ( even in rural areas – just slower)
A dollar spent on your – geared property only gives you 30% back on the median wage, spend $1 get 30c back at tax time ( basically)
– gearing does limit you to the number of properties you can accquire in a given time frame, Still In School has the right idea- a ‘balanced’ portfolio, the don’t put all your eggs in one basket methodology : )
My – geared properties have appreciated nicely over the last few years, so has PPOR ( 38% in last 12 months), IP’s are nearing + geared, be great when we have next child and down to 1 income. and i’m looking for next IP… a + geared one, plus allocating some ca$h to shares.
My portfolio-A Place for everything and everything in its place [
]Some people are too indoctrinated into – gearing,some years back a Friend in the Police Service i knew sold his IP as he had it for many years and was no longer getting the tax breaks.. Things that make you go Hmmmmmmm
REDWING
The Americans have our biscuits ( Arnotts) The French have Just got Clipsal ( The Electrical company You know the safety switches that trip out when you stick your knife in the toaster [
]) and the Scottish have BankWest don’t they..Marmite…..[xx(]
REDWING
Heard a KIWI joke the other day..
Why do Kiwi’s call everyone Bro ?
They don’t know who there Dad is..Apologies to All from NZ
The author takes no responsibilty for jokes he’s heardREDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
Melbear
“I’m a Schitzophrenic and so am I”
No he’s not
Yes I am..Sometimes Funny, but Funny- Peculair, not Funny-Ha Ha [:0)]
Must be the time of morning [
]REDWING
BEAR
My2c ( and that’s what it’s worth as i’m still trying to figure out how S.I.S does that attachment thingy at the bottom of each post[
])My fathers been using TPG for ages and V Happy, also Co-worker uses and he’s happy also with the Company ( Me- work shouts, they’re there own ISP)
Broadband ethernet [?]
REDWING[
][]……That’s it Melbear ( Yay, was bugging me) ANREPSREDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
Wayne..
Worries me when a “heap” of properties come onto the market in some of these smaller towns, like maybe the locals know something..?
Hmmmmmmm..
Peterp
saw a property listed in..now where is it
maybe Kurabin or such, searched whereis, zoomed out and out, and out, and out, moving west and looking for blue.. must be middle of Nullabor [:0)]How are you doing.. much of interest of late ?
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
S.I.S
Forgot to add…… purchase 11+ properties like S.I.S, and get him to tell me where this New area he’s discovered is [
] LOLActually, looking at changing careers, went for an interview couple of weeks back and have progressed to a second interview, wherein i meet the company director !! ( Fingers crossed X)
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