Hi PeterM,

Thanks for your reply and kind words, though i am very happy to help people on this board and answer as many questions that i can and try to give the best appropriate answer or advice. Thanks for those who have supported me on the forum and for the many of those who give me new learnings and advice, that i can share.

Cheers and…[Read more]

Hi Richmond,

Nah thats fine, i reread the post that i was going to post and deleted it. Though i do see, that im at some fault here and i will stop.

Sorry about this argument and i will leave it as it is.

Thanks again Richmond, must be tough being a moderator, but i have to give it to you, i was going to post a nasty post, but i will let it be…[Read more]

Hi Bruce,

Good to see your back and hear about your success.

Well if you want a boast session here, im happy to challenge you on this.

Let me paste the link here for you to see, and just one other thing, i just recieved a contract then, just about to sign which means i still beat you, Bruce good intentions though, at all odds i still beat you,…[Read more]

30 houses in 4 months…[][][]

Please share you strategy with us…[][][]

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi JackFr,

The meetings are held at Five Dock, we keep regular post and updates of upcoming meetings for anyone who is interest in Property Investing.

There are quite a few of us, who meet up and exchange thoughts and share ideas.

Will keep you posted

cheers
s.i.s

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

Isnt this the link to Bruce’s Somersoft post[?][?][?]

Link

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Very Well pointed out PeterM.

I do too remember seeing that.

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi JackFr,

Rather than pay rent, would you rather be interested in purchasing a PPOR for yourself.

Caculated on $750 a week Loan Repayment that would equal the affordability to pay such principle and interest loans at:

At 6% over 30 years – A loan value of $501,000 dollars
At 7% over 30 years – A loan value of $452,000 dollars
At 8% over 30…[Read more]

Hi Guys,

Finding a property that is currnetly tenanted, is a much better buy in my eyes, though there are a few ifs and but, but do you think the vendor before hand would be stupid enough to get a bad tenant for their investment property.

I very much doubt so, unless they are the desperate kind of property investors, or new at the game.

Worst…[Read more]

Hi JackFr,

Currently looking in the Sydney Inner West Martket for a PPOR, but trying to find the “hottest deal of a life time” No luck yet, though will be looking at getting this PPOR and turning it into a IP at a later date, though if possible, will love to turn it into a +ve geared, but main aim is to pay it down as much as possilbe, then gear…[Read more]

Hi Shaepower,

Hybrid Trust – is similar to most other trust, the real basics are that it gives Asset Protection, and some Major Tax benfits to your Assets, via the correct use and distribution to the beneaficeries.

When you first started did you use the help of your parents? – I Had my mum go guarantor for me, in the begining.

How much money…[Read more]

dam….

So it was you Steve, that won the $30 million lotto prize….

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hey Guys,

im off to work, but yes im still in school and im 21 years old, ill post later on during the day time today and answer your questions then.

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi Shaepower,

Good to see, that you have read many books and have a hunger for property investing. I know that you can purchase property under the age of 18, via trustes and all. If you are opting for this way, best way would be to setup a Hybrid Trust,

though, back when i was your age and long before i started my own property investing. I…[Read more]

Hi Clevelandhouse,

Better check with Steve and the administration here about, advertising your properties on here, no offence or anything, but they might take down your post.

Cheers and Welcome to Property Investing Forum,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1…[Read more]

Hi Richmond,

Thanks for the info,

How was your wedding and also, how did your bachelor party go? [][]

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hey Matt,

$10 over 52 weeks = $520 dollars, im still not sure how he worked this out, but if it does add that much value, i will be definietly adding some air conditioners.

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi Shaepower,

First to answer your question, yes its true, but how ive been able to achieve this is, by using a strategy called “Offset Gearing.”

Offset Gearing is purchasing:

Passively Geared Properties
Positive Geared Properties
Negative Geared Properties
Neutrally Geared Properties

Using the principles of offset gearing, you purchase…[Read more]

Hi Shaepower,

Welcome to the forum, i just seen your post and will answer your question shortly, firstly, you dont need to buy the realestate to sell the deal on to some one else.

What some spotter or finders agents have been able to do, is setup an agreement in such as in a contract, were the agent gives you the right to sell the property on…[Read more]

Hi Ian,

That must be some airconditioner for your tenants, for $3000 dollars.

cheers
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”