I didn’t say you had no common sense I just said you hadn’t done the numbers correctly/seriously or simply hadn’t done enough homework, certainly from a QLD perspective. Premium prices are paid for authentic well restored QLDers.

Hmmm, I’m not knocking you russ but your after tax deal realises about 2 cartons of beer a week. You will need a hell of a lot of those to retire with a lifestyle to achieve all those things you have worked hard for. You will need another degree of magnitude to make you truly wealthy. On the other hand just two of my -ve geared props that McKnight…[Read more]

Yes, us ‘banana benders’ on occasion do something like that.
Houses aren’t exactly ‘cut’ off at the stumps.
Are you in QLD? Costs can be way less than mysta suggests but there are many factors to consider. Most councils will require a bond, could be up to 20K, until the work is complete. Most will have to inspect an approve the house prior to the…[Read more]

OK, I’m 42 retired, I guess, that is I don’t work for someone any more, I have a house on the east coast, I sail A LOT. I have some property, it generates a nice income but there is no doubt the net value is a far better result than the number of properties owned. If you wish to follow your dreams,, net worth counts, not cashflow. Just ask your…[Read more]

I believe both howard and costello have discredited the productivities commissions findings in this regard.
I also believe it is interesting to see the same of what we have seen before.
I feel it is the makings of the cycles that offer the opportunity to create wealth, that being the case, the cycle is set and their is little the average investor…[Read more]

always present the offer in writing, the agent is then bound by law to present your offer to the vendor. pretty simple really.