Originally posted by RussH:
In my view you are better to have 100 cheap properties returning $50? p/w 260 000 p/a
Than say owning 5 expensive properties outright returning $200 p/w 52 000 p/a

Hi Russ,

i like your idea, and the way you think, but to be honestly i can make the same money with 2-3 good -ve geared properties and turnover that…[Read more]

Originally posted by gava1:
g’day elves,

I am very new to this forum so take this advise for what it is.
It sounds to me that you are fairly switched on financially, but one question i have to ask is, Why so many credit cards? Everyone knows that they effect your borrowing capacity.

Hi Gaval,

im very much the same as Elves, with the credit…[Read more]

Hi Kay,

oh no, dont think that… the stars are very important…

Hi Steve,

with how the stars are worked, maybe it would be a good idea, to extend the number of stars available, i mean, if you think about it… if someone posts about 10 post a day, with in a year they will have accumulated around 3650 posts…

… maybe a good idea is to…[Read more]

Hi Word,

its hard gonna be a hard choice, many people are gonna tell you +ve cashflow, while i agree to some what, im a negative gearer and enjoy the capital gains, personally a few extra dollars a week in a +ve cashflow property is fine, but how many +ve cashflow properties are you going to need, to support the life style you want and small…[Read more]

Hi Aceyduecy,

definetly, have goals written down, and time lines when i want to complete the goals… this way it helps me stay on track and remain focus, but not get side stepped…

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

Heres a good question.

There are 2 familes and both families have kids, and both owe the bank $100k.

… first kid from 1 family says, were poor because were in debt…

… second kid from 2nd family says, were rich because of the power of leverage…

… different people have different opinions, but there is no right or wrong…[Read more]

Hi Monopoly,

IMHO, i find the more debt you have, to allow you to gear further, the more money you can make, as long as your investments are returning more for the dollar, and are, out peforming interest rates repayments and other expenses, a large debt can still look quite considerably small.

… just find what your comfortable to be exposed at…[Read more]

Hi Native Metal,

best to have a look at this Link plenty of information about IRR’s.

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

Hey Redwing,

thanks for the link, checked it and found that i had $89.00

… lol, not much really at all, but there sending me a cheque, so that i can cash on in, on the very small amount…

… lol …

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 and thanks,

ive decided that 20th of June will be the definite last day, for sure if not earlier… with work…

a few people on here, ive shared with them, my ideas for the future and one of those ideas are to create jobs for other people, at the moment, im in the slow progress of setting that up, but hopefully sometime or by end of…[Read more]

Hi Jamesrhee,

Its just a small bit of your property, that allows you to use it as access to another adjoing or adjacent properties next to yours…

an example, theres a house behind you, but to access it, they share the same driveway of yours on your property.

Cheers,
sis

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

haha… sounds like another Christopher Skase…

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,

something that im learning quite fast and i remember one time, when Westan, was sharing and talking about it, was the date of either your retirement or throwing your job in…. the days leading up are the slowest and longest days for you… right now, the working hours seem to drag forever and the clock seems to go ever so slow and that,…[Read more]

Thanks Richmond and Monopoly,

for the words of advice…

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 Mysta,

its not that hard really at all, but it will be dependant on your foreign income you have, the country im currently looking at investing into, allows me the access to it due to my background and bloodline, but if thats not an issue, it is quite easy to do, same as purchasing in Australia or in other states, though other countries give…[Read more]

Hi Monopoly,

im sorta in the same predicament, but, its not friends relate or family its more issues with my mother…

… my mum’s main concern is, she wants me to meet a nice girl, one that is responsible for her self beings but will not take me for a ride, for what i got…

… problems is, only a very few selected people know what i have…[Read more]

Hi Mysta,

personally, i did reach my goals, that i wanted to achieve in the last year, now… ive sorta steered away from property investing in australia, (and no, im not investing in NZ, but another different country all together).

personally, i have more interest in shares and the international market and now in the process of setting up my…[Read more]

Woohoo! Congratulations
Chan for our newestModerator
Time now to Party!

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,

thanks for all your responses, nothing really to do with my grandma, but so many times, its been so close, that moving back home would be so soon, but always there is something that comes up and delays, the moving up there so soon… thanks all…

Hi Monopoly,

your idea is great, though, i just have to wrap up a few things down here in…[Read more]

Hi Kay,

was just overseas, due to a family tradegey, but soon after meeting a family relative, while over there, the last week was spent on looking at some business ventures, as a result of this, i was going to return back to Brisbane, but after some consideration and talking to family and friends, it made more sense to stay here another couple…[Read more]