Oh wait,

you still there Bear,

… Chan does know the “domino effect” and Yack is sorta on the lines of it…

though its all secret…

Cheers,
sis

ps… do you guys know why is called the domino effect, if it fails, your in trouble…

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with…[Read more]

Hi Richmond,

portfolio is back to 12, but have been trading off a couple properties, nothing to special, but replaced them with better quality properties and made some quick cash…

apart from that, nothing else been happening…

Hey Bear,

domino effect – big secret…

Cheers,
sis

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

Hi Richmond,

i do have a partner, but not in doing my deals, my partner is a CPA, but also we do a thing called a domino effect, when getting closer to our LVR limits…

…. this is one little secret ive never told, yet only 2 people on this forum board else know about the “domino effect”

…. this is one of the biggest techniques, but only a…[Read more]

doing this, costs me nothing, yet both properties are looking after one another, then through the beauty of offset gearing, my whole income from my job is not effected, while still at the same time my portfolio grows…

… my safety net is open, as im position of my own income + a few of the properties can be offloaded at anytime…

… lol, of…[Read more]

Originally posted by MiniMogul:
How do you service a 2.1 million portfolio without being positively geared? what’s your safety net if neutrally geared? Is it really your property, or is it your parents’?

Hey Mini,

the way i service and control the amount of debt vs my cashflow is through offset gearing…

through the principles of “offset…[Read more]

property 2

purchased price and including all cost around $65,000
weekly rental of $150 pw
gross yeild return of 12%
property evaluation $80,000
predicted IRR growth for this year $88k

property 3
purchased price and including all cost $73,000 weekly rental of $165 pw
gross yeild return of 11.7%
property evaluation low $90,000
predicted IRR growth…[Read more]

Hi Mini,

im not too against +ve gearing, just as long as the property does go up in value, consistenly and so does the rent, im really more concerned about a property holding its value and its rental over time.

… but sure im happy to share some +ve cashflow stories…

here a few of the better returning gross yeild property i have that have…[Read more]

Hey Chan,

seems like, some people are upset…

especially poordad…

Cheers,
sis

ps… are you related to robert kiyosaki?

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 melbear:
I reckon you wouldn’t find more than 1 or 2 of the 30000+ members on this site actually planning on owning 130 properties, let alone in 3.5 years.

Hey Mel,

im planing on owning 100’s and 100’s of properties…

lol… isnt that the idea of property investing…

Cheers,
sis

People 4get that by saving just $3 a day…[Read more]

Hi VIP,

you seem to be very anti towards property investors…. [thumbsdownanim… but if not for the investors, who do you think would provide a roof over every person who doesnt own a place, i cant imagine the goverment doing so…

and if Labour gets in, and abolishes -ve gearing, which wont happen again, do you think rents would still stay…[Read more]

Hi Bear,

im fine… [whistle] but been lazy all day… [sleepy2]… and yes i do see your drift, and im more surprise Chan said this

“If I have to opportunity (in the future) I will look for quality investment property “

i knew, id turn him round… lol [tongue]

Cheers,
sis

ps… Hi Michelle_G, heres a link on IRR’s

People 4get that by…[Read more]

Hi Kay,

if anything changes from now till the weekend, and im still abouts, i’ll definetly come by, but so far… still here in sydney…

[whistle]

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

but, that country property that was bought for $4000, may only be worth $50,000 today and maybe renting for only $100 per week…

has the irr, returned a great deal or has the irr on the Sydney property return a greater irr than expected, and caused the ability to further fund and purchase more properties…?

irr’s can be very confusing but it…[Read more]

Hi RussH and All,

ill shoot another example of an irr.

lets presume, back in 30 years ago, there are 2 fellas, both of them purchase a property one buys in Sydney and the other buys in a country town.

now lets furhter presume both properties cost $4000 each, but both men put down a $1000 cash deposit and borrow, $3000 each…

lets say, the…[Read more]

uh oh….

i think you will Chan, i might not be here tomorrow and worst part is… ill see you cross me…

[worried]

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 Chan,

Big Congratulations

Well done, thats a record, your so close to catching up to me now…. this aint fair… lol

lol, wasnt it just the other day i was congratulating you again… lol

[thumbsup2][upsidedown][thumbsup2]

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up…[Read more]

Hey Chan,

dont know what happened, there, but for some reason, if i write a long post, its splitting it into smaller parts…

… i dont mean this to be anything against anyone, but +ve cashflow properties that have low returns or that have no growth are just not worth, the waste of time and effort for such a small return…

as long as the IRR…[Read more]

i will admit, i am a +ve cashflow buyer, but when the figures stack up, a few $100’s a year to a few $100k, is not going to have me searching all over the country for those small extra dollars…

i have nothing against +ve cashflow properties, but the IRR must stack up, and choosing between both properties is a hard choice, but i am very sure i…[Read more]

Hi Chan,

Congratulations on your 20 tonner! [thumbsup2]

im with Yack all the way on this, and i do also invest in both types of +ve and -ve geared properties, but lets say for my argument sake, there is no way today possible that i could achieved what ive down with out purchasing -ve geared properties.

not only that my portfolio is over $2.1…[Read more]

Originally posted by Chan$:
SIS,

You are now a -ve CFP guru and therefore you can partner with Yack as he is the expert in the so called ‘Quality Investment Property’.

If it is now hard to find +ve CFP, therefore there are a lot of -ve CFP out there. The market seem to peak already (I think)! I just wondering how one consider -ve gearing…[Read more]