Total Members: 159,201

saintmick

  • saintmick replied to the topic investing advice in the forum Help Needed! 12 years, 2 months ago

    Thanks QLD007
    Well this is what we are trying to get our head around, exactly what you are talking about.
    We don't want to cross collaterise either but we are just trying to figure out what is the best approach. positive geared properties or a mixture of both.
    How do you not cross collaterise your properties? can you go to any lender for finance…[Read more]

  • saintmick replied to the topic investing advice in the forum Help Needed! 12 years, 2 months ago

    Thanks JacM good advice .
    We are also looking in Geelong

  • saintmick replied to the topic investing advice in the forum Help Needed! 12 years, 2 months ago

    good question. I guess property will help fund our retirement.
    I want to know how people buy 8-10 properties and make a living from them? Are they all positively geared?

  • saintmick replied to the topic investing advice in the forum Help Needed! 12 years, 2 months ago

    thanks Nigel..good advice
    I've been told if you buy within 10km of a major city you can't go wrong.

  • saintmick replied to the topic investing advice in the forum Help Needed! 12 years, 2 months ago

    excellent article thank you…

  • saintmick replied to the topic investing advice in the forum Help Needed! 12 years, 2 months ago

    thanks James, appreciate the feedback and am trying to read as many magazines and books I can that are relevant.
    I guess I am trying to 'copy' Margaret Lomas' strategy without having to spend the money to go and see one of her advisors.
    I know it an cost a few thousand dollars to get good advice, but on saying that, I'm sure that there are…[Read more]

saintmick

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