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Steven

  • Steven replied to the topic How does an increase in the RBA's cash rate help? in the forum General Property 1 year, 4 months ago

    My personal thought on this is, between RBA and the government. They should make a choice of:

    Either:

    a) do whatever it takes to prevent a recession

    or

    b) Jack up the rates to however high out of necessity to fight inflation

    Yes, either choice would suck for a group of general population or another, but at least it brings results and outcome.…[Read more]

  • Steven replied to the topic Gladstone in the forum Help Needed! 1 year, 5 months ago

    Perth has been performing well for the past 18 months, and is continuing to perform well for the moment despite all the interest rate rise.

    Of course, nobody has a crystal ball to say if this will continue and if so for how long.

  • Steven replied to the topic How does an increase in the RBA's cash rate help? in the forum General Property 1 year, 6 months ago

    One final test

  • Steven replied to the topic How to invest in multi properties in the forum Help Needed! 1 year, 6 months ago

    Slightly harder to pull off in today’s environment, with all the increase in labour and material cost, it would definitely have an impact on your margin.

    Having said that though… I was able to do this a few times… the only difference being I did buy/reno/refinance instead of buy/reno/sell.

    Too much cost involved with the sell scenario……[Read more]

  • Steven replied to the topic Purchase Property With Cashflow Capital Pty Ltd in the forum Opinionated! 1 year, 6 months ago

    This is a very old thread that got brought alive!!!

    I came across one of their webinars years ago. While the content discussed by the presenters were OK (eg: don’t buy negatively geared properties, focus on good cash flow, etc…), however, it was after I spoke to their consultants as well as being offered some of the products that I decided to…[Read more]

  • I don’t like how they are broadcasting loudly on this “voice” topic in main stream media every single day, and it makes headlines in news every single day and yet there is so damn little information on.

    I was watching SBC news the other day where the journalists interviewed some remote aboriginal leaders and those aboriginal leaders said directly…[Read more]

  • Steven started the topic Calculating return of investment, watch out for tax. in the forum General Property 2 years, 7 months ago

    One thing I notice a lot of investors do when calculating their return, is the only “add up a total figure in the end”, without taking into consideration of the time when the profit comes in.

    An example is those who buy negatively geared properties in hope of big capital gain, they seem to not realize all of their profit comes in a single…[Read more]

  • Steven started the topic South Australia or Western Australia properties in the forum General Property 2 years, 9 months ago

    Hi all

    To those who are experienced and know about SA and / or WA market.

    I am trying to identify the right areas for me to look at in SA and / or WA. No need to pin-point exact but want to know general area to look into.

    Reason why I am finding it a bit tricky is because, unlike VIC or NSW, where the market pattern is somewhat clear (that is,…[Read more]

  • Steven started the topic South Australia or Western Australia properties in the forum General Property 2 years, 9 months ago

    Hi all

    To those who are experienced and know about SA and / or WA market.

    I am trying to identify the right areas for me to look at in SA and / or WA. No need to pin-point exact but want to know general area to look into.

    Reason why I am finding it a bit tricky is because, unlike VIC or NSW, where the market pattern is somewhat clear (that is,…[Read more]

  • Steven started the topic South Australia or Western Australia properties in the forum General Property 2 years, 9 months ago

    Hi all

    To those who are experienced and know about SA and / or WA market.

    I am trying to identify the right areas for me to look at in SA and / or WA. No need to pin-point exact but want to know general area to look into.

    Reason why I am finding it a bit tricky is because, unlike VIC or NSW, where the market pattern is somewhat clear (that is,…[Read more]

  • I reckon it is a combination of:

    1. Money are being massively printed and those money has go to somewhere. They are unlikely to go into things that will lose value over time in the long run. In fact, some even go as far as “if government keeps printing money with no limitation or intention to stop, then just buy” kind of thinking.

    2. Pandemic…[Read more]

  • I reckon it is a combination of:

    1. Money are being massively printed and those money has go to somewhere. They are unlikely to go into things that will lose value over time in the long run. In fact, some even go as far as “if government keeps printing money with no limitation or intention to stop, then just buy” kind of thinking.

    2. Pandemic…[Read more]

  • The topic gets talked about a fair bit and I see support for either side.

    The biggest argument is something like: a 2M property increase 10% means 200K increase in value, but a 10% increase to 500K property is only 50K.

    However, I think it is interesting to think from a slightly different angle, that is: what are the costs associated with…[Read more]

  • The topic gets talked about a fair bit and I see support for either side.

    The biggest argument is something like: a 2M property increase 10% means 200K increase in value, but a 10% increase to 500K property is only 50K.

    However, I think it is interesting to think from a slightly different angle, that is: what are the costs associated with…[Read more]

  • Steven replied to the topic Starting to look at QLD in the forum General Property 3 years, 4 months ago

    Actually, I posted the same in whirlpool forum and the feedback so far has been that Coomera is the only one from those I listed that are worth considering, due to demographic reasons and crime reasons….

    Some suggest I look in Logan region, still possible to get a house with 300K, or some better suburbs where we can try to get a newer / better…[Read more]

  • Steven replied to the topic Starting to look at QLD in the forum General Property 3 years, 4 months ago

    Actually, I posted the same in whirlpool forum and the feedback so far has been that Coomera is the only one from those I listed that are worth considering, due to demographic reasons and crime reasons….

    Some suggest I look in Logan region, still possible to get a house with 300K, or some better suburbs where we can try to get a newer / better…[Read more]

  • Steven started the topic Starting to look at QLD in the forum General Property 3 years, 4 months ago

    Hi all

    My family are considering buying a place in QLD, that can function as our “holiday home” for the moment, but can become our “future home” as prospect of us relocating to QLD is on the cards. My wife thinks VIC winter is too cold for her liking and she has some good impressions with QLD.

    Anyway, we don’t necessarily want to buy a house…[Read more]

  • Steven replied to the topic For ppl just starting property investing in the forum Help Needed! 3 years, 4 months ago

    Actually, one thing to add in.

    The first step I mentioned to “work out your goal”.

    I mentioned this is due to the strategy would be different depending on the goal. This is a “technical reason”.

    There is also another reason that I would like to add in. This is more of a “psychological reason”. That is during the process of making investments,…[Read more]

  • Steven replied to the topic What are the best investment options? in the forum Finance 3 years, 4 months ago

    This.

    Also per one of my posts in the forum.

    Work out what you want to achieve first, then work out a strategy that aligns with your goal (eg: if you want to live of 20+ IPs passive income and be able to quit your job, then the strategy of buying negative gearing IPs probably isn’t going to align with your goal very well).

    Then find the right…[Read more]

  • Steven started the topic For ppl just starting property investing in the forum Help Needed! 3 years, 5 months ago

    Hi all

    Seen a lot of posts here where people are just starting and not know how to start.

    The suggestion I have is: work out what goal you are trying to achieve and the strategy first, before you even look at the first property.

    Basically it works like this:

    1. Work out what are you trying to achieve with buying properties. The reason is…[Read more]

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Steven

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