Hi Redwing,

Mortgage Hunter is correct.

Yield: Rental Income divide by purchase price timse by 100

And your formula you did is correct, though caculating yield is no good as, it does not take into account how much cash you put in.

Better to use CoCR or IRR, both these will give a much better result and more accurate…[Read more]

Hey Melbear,

Is it alright if i grab your email?[]

[]if you can, can you email me at jeffpaget@iprimus.com.au

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.”

Only through experience you get better…

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 Si,

just becareful on caculation yeilds, as they dont give a true return on a property. Much more effective ways of finding out current returns is by either caculating the CoCR or IRR. I much prefer the IRR, though caculating returns becomes iffy if you are also purchasing -ve geared properties for quick capital…[Read more]

Hi Spider

And Welcome to the forum, its honestly up to you, if it was me, why dont you do both,

and if it dont work out…. what have you got to lose, you can always sell your PPOR and cash in on any profits that are made or incured.

Or you can continue purchasing Investment Properties and cash in on them

Or use them as a product of financial…[Read more]

Hi Crocodile,

quote:What other problems can you see in a buyers market?

Same problems, as if investing in metropolitan areas, though the only difference lesser chance of acquiring a +ve cashflow property.

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 Crocodile,

This might be important to you, as your a newbie on here, but knowing what the yeild on a particular property is not that quite importan, as it does not give a clear idea of what the exact cash return is, this is also the same for CoCR, if you want a true but more accurate return, you should be working out your IRR as this gives a…[Read more]

Hi Team,

Though if you are looking for problems, you must create the solution… and this is what brings financail success and seperates you as an individual from others.

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 Steve,

Could you please tell us “Which Fiancial Lender” who is offering 10 years fixed rate and what their currnet rate is?

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 Steve,

lol, dont worry taking that all into consideration, though if you click on my signature, i have it linked out to a website that caculates, when you will become a millionaire, at how many consistent dollars you save and at an applicable interest rate return. though it does not take inflation into consideration.

cheers
s.i.s

“People 4…[Read more]

Hey Steve McKnight,

whats ya doing, your taking over your forum board, every post written is posted by you.

lol, whats happening????????

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 Melbear,

lol, i noticed that earlier, but thought that was an error, lol… oh well how are we going to tell the difference, if either one of the tools dont want to change their nick names?…. lol

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 big fella,

i use a strategy called “Offset Gearing”, and at the begining of this yeah i held 2 jobs and worked 7 days for about 6 months, while doing uni,

since about aged 13 ive always had a job were i work most afternoons and mornings before school and on the weekends, been saving and investing my earnings since then.

cheers
s.i.s

“People…[Read more]

well….

look forward to telling my boss in very early February 2004, that i no longer need to work 5 days aweek, and watching his face as i begin to only work 4 days at week, yet he is almost 61 years of age, and works 6 days a week and thinks he knows everything about money, yet by the looks of things, i cant see how he can retire.

Passive…[Read more]

Hi Guys,

Still own 11 properties, was going to purchase another 4, though instead i provide the full finance and equity to some one else, currently in the midst of also purchasing another 6 properties, with 3 being for myself and the other 3 being fully 100% financed again, but for someone who again is very close to me.

Techniqually, would own…[Read more]

Merry Christmas to Every One!
[][][][][][][][][][][][][][][][][][][][][][][]

“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 Peterm,

lol, i dont refuse to pay a spotter fee, i thought first metting was free.

cheers
s.i.s

ps. does that spotters fee include gst?

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

Hi Team,

I just want to share a property that im currently looking at investing into.

Market Price $135,000

Consists of 2 brand new units that are both 2 bedrooms(not really but only 5 years old)

Plus

3 bedroom fibro cement home, with brand new kitchen and all services as number 1, only a few hundred metres from the town centre.

Plus 3 lock…[Read more]

Hi Redwing,

that town is a secret, later ill tell were it is, but not yet, there are some more +ve cashflow properties there, but i just have to wait till i sign the contract and have finance approved first…

[][][] After i will share…. where…. and all….

cheers
s.i.s

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

Hey Melbear,

dont worry, no need to get jealous at all, if anything like that happened, ill say that i got an older sister named Mel and shes the real successor, []

cya later sister[],
s.i.s

“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1…[Read more]