Hi Kosta, welcome to the forum : )1.2 Million at age 30 is way ahead of many people already, congrat !there is a option you can invest to have healthy cashflow position constantly.you can put 1.2 million in the bank at interest rate 6%, you can have healthy can safety cashflow about 72,000 per year. which mean one of you don't have to work full t…[Read more]

VictoriaC MP me if you want my feedback happy so share my experience

call up some builders to get some quotes, the quotes will be vary from builder to builder. when they are on site, they can give you better understanding.sometimes build a duplex the risk is greater than the profit ( tradesman delay, weather delay, council delay……) just be awared of all the risks associated with anticipated profit.good luck : )

the interest rate seems good, but the cashflow (rental income) are really poor.I also face the similar situation.maybe give a call to Jamie and have a chat with himTaylor

From your story, I can still the agent is clearly very doggy to start with. deceiful points,1) the agent said this is owner's long term investment will not looking for sale

how can an agent know for sure ! (clearly it's a sale pitch to get you to sign up a lease contract)2)the agent said the owner wants to sell the property

if i was you, I will…[Read more]

Hi Wilko,Keep reading this forum.don't rush yourself.I personally believe property is a better option to make big money.however, you really need to find the best strategy for your situation.also be very careful there are a lot of spuikers and sharks out there !!!don't believe anyone, do your own number, only you understand yourself the best.if…[Read more]

Hi Engelo,Sound like a fantastic deal.Looking forward to catch up with you Taylor Chang

what are you talking about all i can see is booming ahead of us !!

If you want to lose money and a lot ot worry and sleepless night  then go to property secret Paul Giezekamp will over charge you every thing he can !!there are so many unhappy clients from property secrets !  They charge excessive fee and find some rubbish property for you to make you over capitalised !plus once you go ahead with them, you will h…[Read more]

Just another thought….I knew a lot of tax accountant have no idea about property investment, hence a lot of thing they don't claim.I have changed 2 accountants in 4 years…. because they are just don't understand property investment( meaning they won't look after your tax affair), they only wearing their "tax accountant" hat and charge people…[Read more]

Hi I am not a qualified tax accountant. but I has some thought about this topic,I think it is good idea to claim depreciation each year which helps up the cashflow for running property portfolio.Craig made some good point.imaging, you claim depreication and get back $1000.even you have to give back that $1000 when you sale the property you are…[Read more]

Hi Booge, when is Nathan Birch's investment night ?I would like to attendTaylor

Just call local council to verify the exact lock size

I am looking for a good property manager who is reliable and strict on the rent arrear as well as tenant selection in the Penrith and st Marys areaanyone any suggestion ?

Hi Aussieguy,which property manager are you using in Penrith which you mentioned that very strict and bug people about 1 day late behind the rent ?I am looking for a reliable and strict property manager in Penrith are, can you please kindly give me some suggestion for good property manager ?Taylor

Hi Marsmac,you don't have to sale to him, you can JV with him !sale is a clean cut, but if you JV with him you can learn a lot which in the future if you want to develop something yourself. you can have some experience to rely on. just my thought Taylor

Now is 2012 ! I totally don't understand what the original poster was thinking ? I am still waiting for what he/she mentioned in the first posting " Austalian property is crashing " ?when is that going to come ?what's crashing anyway ? a slightly adjustment in some areas drop 2%- 5% ? or some mining towns like Gladstone rising 2%-5% ?

Hi Steve,just out of my curiosity, How is the website http://www.SteveMcKnight.com between from https://www.propertyinvesting.com/ ?what's the purpose/objective to have http://www.SteveMcKnight.com  ?why there you setup another website ? is propertyinvesting.com going to be replaced by http://www.SteveMcKnight.com ?Regards,Taylor

Well done Elisey  : )this piece of information is also shown your contribution to the property investing world .thank you : )Taylor

yeah, a lot of time I felt that the property managers are not doing a good job.I have 4 of properties and only one property manager I really trust his is really looking after my property, tenant and me.I really hope there is a property management company can really standup and deliver the good quality of serivce for tenants, clients, and…[Read more]