Forum Replies Created
Hi Liegh
I am going to try W.A first,m ake a start.
I do believe other states have more options regarding positive geared properties, guess you have to have a contact for that one or fly over to check.
Cheers Steve R.Hello, Pin, Leigh , Sue and Jane.
Thanks very much for your comments, I think you are all correct with your opinions and impressed on how you write and manners.
Pin I was not offended and may be I came across a bit strong, also sometime its difficult when you some one doesn’t give all the facts and you have to read between the lines.
I work away for 28 days and home Perth for 28 days. Also I had to change my strategy over the years. I was on a good income in Australia paying the top tax, but situations changed eight months ago, I got transferred overseas, and now the income is better.
Also I gained more knowledge and also the last couple of years has been put into a One my year old and two year old daughters. Soon I can spend a lot of time regarding property, in the mean time I am keeping my investing simple, and always have an open mind and never stop learning.
I should also read my column a couple times before submitting.
Thanks for the web site to start looking.
I was under the impression you need a couple of growth properties to borrow and positive for the cash flow. I am trying to sort out a plan, that the properties look after them selves and over time with more positive properties and cash flow you end up with a income. I would never blame any body regarding me purchasing a property as its up to me to do the numbers.
I was hoping for a hint of a couple of towns I could start looking at, and I can do the research from their.
Once again thanks.
Steve R
PS, I like the idea about selling one property to make the numbers look correct.Hello Pin, Thanks for your reply.
Why I came to that conclusion.
Why, because now I work abroad and the short fall comes out my pocket.
Why, because the properties do not look after them selves with out me working.
Why, because nothing is secure, and having a short fall and loosing my job, (not being negative) I would loose my investments, that have been working very well over the years.
Why, because at the end of the day I would like to have an income off the properties and start paying off one at a time and the snow ball starts rolling. In the mean time my personnel mortgage is going down in leaps and bounds, Once I purchase one there is no stopping.
Yes, you make the time and yes if I could help or contribute I would love to.
At present I have the two properties with very good growth, another off the plan getting built ( in which we will sell soon as built) and a small mortgage on my present house. We are planning on moving to a better area and either sell the existing house which is in a very good growth area with expensive developments happening close. We would like to rent it and purchase else where.
But the numbers don’t look good for what we would like to do. We are working at it, to make the correct move, as it’s a critical move and we would hate to loose everything because we made the wrong move. In the mean time I am asking the question about positive geared property in the west, and where to start looking.
Cheers Steve R
