IMHO, be very careful buyin in particular areas of Qlds as many investors, or people new to the property game, are rushing and buying properties but also causing prices to rise, but also causing inflated prices due to massive amount of properties being purchased and taken off the market.
Yet at the same time, not allowing the actual…[Read more]
Another problem is, depending on how much cash you have and are able to subsidice, your are limited to the amount of -ve geared properties you can purchase, if the tables turn and your negative geared properties market value drops, you could be in some strife.
Having diversity, allows you to minimise and prepare/cater a safety net for such a…[Read more]
Purchasing in both areas, is not bad and allows for diversity. If you are not planning to retire. It would better to use your +ve cashflow properties as a product of financial management.
In doing so, you can have more finance to control a larger volume of properties.
thats dam cheap, but the cheapest, ive seen was 13k sold this year. And the property was a brand new 2 bedroom brick home, used for flying in and out miners.
If you are going to purchase a property unseen, best to have a system in place that can carry out a proper yet very accurate due dillegence.
If not, be prepared for some stressful nights ahead, when you purchase a dud property, or a property that just wont rent, because, you were told this and that, but you werent told about one little…[Read more]
thats also true, but lets say, if you were able to purchase properties at 105% finance and the property is still +ve cashflow on that arrangment. Then redrawing equity as a cash deposit (even if you have 100k equity availabe), to finance properties in this manner, would be better than using a $100,000.00 as your tying up cash…[Read more]
Maybe you should get your husband to do that Risk Analysis Course, once doing that, you will look at risk from a differnet direction and your temptation will drive you to purchase more properties.
Have to agree with Richmond and Rubbachook, been lucky and have a few properties in that area. Though my partner was lucky to purchase a real big heap there in the last 5 years or so, since then many of the properties over a 5 year period have triple and quadripled even one of my partners properties have gone up over 5 times its orginal…[Read more]
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This is a little off the topic of your thread, but interesing about how you talk about wages not being enough….(i have to agree here), different jobs, different positions and differnet levels of certification, can throw someones pay in all different levels of award wages and how much pay they should recieve.
You should be able to still connect anywhere as long as, your service provider deals in that area. Though if you do decide to go ahead with a DSL connection, you do have to remember it shares a telephone line. In which the signal used in a ADSL connection is digital, were as a normal dial-up connection is analogue.
If you do, do live video conference and voice chatting, you be better off to get a minimal 256/64 kbps speed limit, but also if you are using broadband… you should get in place a firewall protection and some pop up and ad killers in place, spy sweepers, live virus scanning and other security protection utilities.
lol, wait till you see, what i use to get with my dial up connection,
lol seriously, was downloading an average of 11 gigs a month. These days, not sure how much, but on average burning 1 or so cds a day just to keep, plenty of hardrive space available.
lol.. Its all dam Kazaa and DivX fault for all those many downloads.
Im currently using TPG ADSL 256/64kbs for my Laptop. Not bad at all, getting the full speed as well.
They offer unlimited access and unlimited downloads for $69.95 a month.
And seriously, i download 24/7 hours a day (lots of movies, software, music LAN games)continously and since the connection, had no distrubtions or…[Read more]
You can play online monoply there, and play people from all over the world. Every time i have logged on, there have been more than 400 people logged on to, playing monoply.