if you read steves book, you will find that trusts are explored in detail, they are safer as the bank wont be able to touch you if something goes wrong, and also you will save money in the long run because once you sell the properties you can decide who in your family gets the fund.  You do this based on their tax bracket.i personally have not…[Read more]

why dont pay for it yourself and claim back the tax at the end of the year?

why dont you look in the regional space, you can get a good positive cash flow property or neutral and it wont affect your lifestyle.  with your salary you dont want to put too much pressure on yourself, what if interest goes up by 1% in the next 12month, how will that affect you?not always the best option to look at expensive properties

street name?

sorry table above didnt come out:4.5% is yieldMedian Price $555k(Aug 2009) 12 Month -13%Growth 24 Month 5%Growth 36 Month 26%

Hi Dylan, a few things i would consider:HistorySuburb(click for profile)PostcodeStatePropertyTypeRentalYieldMedian Price(Aug 2009)12 MonthGrowth24 MonthGrowth36 MonthGrowthSuburbProfileWhereis it?What'sfor sale?Newcastle <!– Newcastle –>2300  NSW House 4.5%$555,000-13%5%26%Have a look at sqm research for a guide on vacancy ra…[Read more]

also if you are looking for good yield worth looking at lakemba, you can still get units for around the 250k mark with a pretty good return.  i read somewhere that the liverpool area is forecasted to grow by somthing like 90% in the next 15 years…could have been from the council website

very tight budget, i know the cheapest houses and units in sydney are currently in cabramatta and i know its far from one of the best suburbs but surely it has to grow doesnt it

thanks mike again another quick reply!

Manita, thats definately the job of the landlord, you should not have to pay for something like that

i think more research is definately required.  i did find esuperfund.com.au who do a free set up with an annual fee of $600, so i guess that is a pretty decent deal.i would be looking at buying a house or unit in orange nsw and would have around $50k in total super between two people, probably looking at a place which would cost under $150k and…[Read more]

id be looking at buying in regional for around the 80k mark with a decent return, so ill read up on it a bit and might send you an email next week

hi ceffo use the website on my signature or there is a thread of mike who supplies free reside reports for properties

just as an example have a look at moranbah, mining town in qld.  you can get a property for under 300k and get a return of around $590…thats a pretty good positive return in my books…..so they do exist

had a read, seems like you need to have a good amount in there before you can think about investing….30k wont cut it

just got it from mike, thanks guys

i would be interested in the answer as well

thank you mike for your quick reply, the reports are fantastic and your free service even better!!!cheers

hi mark, are the reports still only limited to victoria and sa?  can you do nsw?cheers

can you maybe post it up for us?