Forum Replies Created
Him
Another site to look at is Domain.com.au.
I am selling two blocks of units in Regional NSW and have advertised them there.Cheers,
Tegan
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][]Hi Kay,
I bought a blocks of 4 units (pos cash flow) last March in Tamworth and have had no hassles at all – all have been fully tenanted with all decent tenants, paying regularly. They are managed by a good agent-I think this is the key.
On top of that the units went up 30% in value – didn’t expect that, as bought them for long term rental income. So you never know – need to assess each property on its merits.
Cheers,
Tegan[][]Hi all,
Just to put in my two cents worth – Steve seems to have used both strategies along the way – buy and sell and buy and hold. I guess it’s a choice each of us has to make at some time – if there is a possibility of selling for a good profit, then you can use that money as deposits to buy more properties, which again gives you more choices later on. Or, if you think it’s a good cashflow property, then you may be inclined to hold on to it. It depends on what goals you are trying to achieve. As Steve says – you need to have a plan before you start. Everyone will follow a different path and this is good as there are no rules – just make sure you do the maths.Hello to everyone except MJK.
Only kidding,
Regards
Trish[
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Hi MJK,
Sorry to join your club and upset your ‘informative, intelligent’ discussions. Maybe you should have an ‘old members only who don’t want to help newbies under any circumstances’ club where you need a password and a ‘really stupid’ initiation ceremony to get in.
For extra ‘pizazz’ you may need to don costumes.Yes I admit my posts (and other newbies)have been boringly green but I’ve been pointed in the right direction by some very kind old members who also use this forum to help others.
For all newbies, it would be a good idea to look in the Treasure Chest Forum and other forums before posting – a lot of info is already there. Hope this helps.
Trish
OOOPs – Thaks Jay and Mel
Looking greener by the minute
Trish[
][][][][]Hi,
We decided to move out of our comfort zone and bought our first IP in March this year and now three more – all positively geared 10 – 12% – in NSW.
This was before we read Steve’s book, so we didn’t know about the 11.sec rule, but must be on the same wavelength as we feel we’ve come a long way since March and now have more options for the future.
After reading Steve’s book we are now even more determined to buy similar properties in the near future – it’s not easy – but we have a plan.
Thanks, Steve, for the wealth of information provided in your book which will assist us on the way. We’re investing in good tenants (we hope).Trish & Mike[
][]Thamks, Mel – We’re in Sydney and will look further through this web site.
Trish & Mike []Hi
Husband and wife are new to this site – We need a good broker. We have one currently who insisted on using our Sydney house as security for the IPs. Our house is now mortgaged to the hilt but we want to buy more IPs (currently have 4). Hard to find finance of 80%for country properties.
Can anyone help?Achievers [
]
There are a few better products than rams, that have lower interest rates and lower break fees.Contact a good broker.
There are a few on this site.
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