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  • Profile photo of saintmicksaintmick
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    @saintmick
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    September 16, 2012 - 9:03 am

    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 and will they give it to you?

    /

    But

    Profile photo of saintmicksaintmick
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    @saintmick
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    September 16, 2012 - 8:52 am

    Thanks JacM good advice .

    We are also looking in Geelong

    Profile photo of saintmicksaintmick
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    September 16, 2012 - 7:50 am

    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?

    Profile photo of saintmicksaintmick
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    September 16, 2012 - 7:46 am

    thanks Nigel..good advice

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

    Profile photo of saintmicksaintmick
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    September 16, 2012 - 7:40 am

    excellent article thank you…

    Profile photo of saintmicksaintmick
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    @saintmick
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    September 16, 2012 - 7:19 am

    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 advisors out there

    that don't charge that much…I guess its all about networking and word of mouth.-one of the reasons why I joined this site.

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