Hi Andy123,

im with DD, havent had any problems with the credit card limit, and personally am finding it, that, i am recieving better benefits and discounts, due to having a large credit card limit.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Kaloni,

to be very honest, every month i take a holiday, either it be a quick weekender or a full week, this year alone have taken 2 overseas trip, and, so far this year, every month has had a holiday, look forward to nexts month holiday already…

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working…[Read more]

Hi fjficm,

thats kinda strange… havent had any problems with CBA, apart from slow service every now and again, but cant complain. Actually, im finding it the opposite, every now and again, CBA will call up, and just check if everything is ok, if all account are in order, and they even asked a few times, if i would like some further more loans…[Read more]

Hi PurpleKiss,

Answers in blue…

Originally posted by PurpleKiss:
a) Whether your first porperty was a PPOR or an IP,

IP

b) What made you think about buying a first property and

capital gains…

c)When you found the one you bought, why do that one suit?

Its a number game, and it fitted the criteria.

d) Was the first purchase emotive or…[Read more]

Woohoo!Congratulations
To Both Westan and Mini!
Thanks for all your Forum Contribution and for reaching the 10 tonner

Keep those posts coming…

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Originally posted by Monopoly:
Loser > Loser > Loser > Loser > Loser

I hope that as an investor, you have more confidence in your transactions that you do in judging the market!!!

There’s one in every crowd, and it is usually that one, who knows the least, yet manages to speak the loudest!!!

Jo

Agree,

Cheers,
sis

People 4get that by saving…[Read more]

i’d wish for a packet of TimTams that would never run out…

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Originally posted by residentialwealth:
Interesting comments but back on the point at hand – the market has changed so are you brave eneough to to enter and where is your best bet … ?

Hi Residentialwealth,

not sure, what the so called scare is, but just signed another contract up tonight, for another quick property, but am in the current…[Read more]

Originally posted by SteveMcKnight:
Hi,

Just remember that depreciation is tax deferral, not tax saving.

but, there is a benefit, if you dont plan on selling the property ever, best to claim as much depreciation as possible.

On a slightly different topic, on last nights MAP conference call, one of the participants as found a property that is…[Read more]

Originally posted by Monopoly:
a. Buying a property which yielded a 5% rental return, and with a capital growth rate expectancy of approx. 7%

Hi Monopoly,

you probably guessed straight away what my honest answer would be, because im a negative gearer, and have not much interest in +ve cashflow properties, i wouldnt even bother with a 10%…[Read more]

Originally posted by Chan$:
I will knock them out and sign the dot. This is an investment decision. If I want to help other then I will, but not at auction where money can be made.

Agree, will push the couple to their limits, and then place a knock out bid.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a…[Read more]

Hi Guys,

alrightie, cant wait so ill tell ya what my approach will be.

first up, with the equity that is available, will be looking for 1-2 possibly negative geared properties, but with a minimal market growth return of 80%.

secondly, being conservative and saying that i will have about $80k to spend and invest… this is my out line, of what…[Read more]

Hi Emzy,

this is a path i wished, i could have took, when i first started out, but because it never crossed my mind till later on… and now its a bit late for me, it could possibly work for you.

… first up i would go to the 3 main lenders who provide student loans. Westpac, NAB and CBA the reason being is with student loans that are…[Read more]

Hi Monopoly,

am going aways soon, but wont be till mid July o/s, but really right now, just trying to get everything inline before leaving, but will only be away for a short period…

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

hmmm Chan,

we must think alike…

anymore ideas guys…

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Guys,

i thought i might give this a shot…

ok.. in my current position at the moment, i have a good lazy amount of equity of about $200 – $300k that i can quickly access…

… for me, im just sitting on it at the moment, but it is readily availabe for access immediately…

secondly… i have around $80 – $90k cash coming my way in the…[Read more]

quite agree with you Elves, even if its a couple hundred a week +ve, still that wouldnt cut it for me either…

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Russ,

believe me, once you start making capital gains, either small or big… the opportunity of being able to purchase another IP, and have gains left over to purchase say for eg. new car, holidays, commodites and items…

… you will be wanting to chase those bigger figures…

remember, with the more money you have to play with, the more…[Read more]

Hi Glenetti,

someone who speaks my language!

… i totally agree about the IRR, the CoCR is fine but more appropriate for uses such as knowing, what a small renovation and the increase of rent from it, and how long it will take to get your money back with the use of CoCR, but IRR is the best way to go, for me, i will not use any other tool, and…[Read more]

Originally posted by RussH:
How do you get an income off the negative geared invetments when you retire.

you could do a reverse mortgage, though i wouldnt suggest this, unless is you were to sell the place and it appreciated in value at the same time and out grew the reverse mortgage.

but if you can manage to keep and control -ve geared…[Read more]