low bids….

im a really low ball player, and a hard negotiator, but thats me, but if you buying for market value and want to make some profit, your gonna have to wait till the market shifts and moves and property prices go up.

But lets say if you can purchase the property under market value and then sell it at market value, at least you can…[Read more]

Hi Team,

Actually there is another way, to do this and this protects the vendor, the real estate agent, you the spotter and the purchaser.

How this is done is that a contract agreement form is created and actually can be downloaded from one of the government websites.

This contract of agreement is set as were, a spotter is able to purchase the…[Read more]

Hi Guys,

Aiming for 15% returns is gonna be quite hard in this market, the sis rule is designed for finding +ve cash flow properties that will put money in your pocket.

Even in this market, i will admit it is alot harder to find them and that i have only found a very few in the last few weeks that come near or just past the sis rule, but nothing…[Read more]

Hi Kay Henry,

Thanks heaps, though sounds like a good thought, though, i rather just think, ive been lucky and share it with you guys, the more successful stories to me, are single parented parents, bring up a few children and managing a full time job, while also managing a property portfolio….. to me this is more impressive and a much higher…[Read more]

Test for if you have insanity

“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”
http://www.theenlightenedway.com/tools/mil_calc.shtml

Hi Shirley,

Paul Clitheroe calls this “House Swapping” very legal and done quite often with parnets and grown up kids in the same idea or position as you.

cheers
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 million.”
http://www.theenlightenedway.com/tools/mil_calc.shtml

Hi Ashley,

Some of us younger investors, are still in uni, tafe or some sort of academic structure and doing parttime, or fulltime jobs, its really how well you can manage your time and put time aside to do your property research.

Others on here, work fulltime and have kids to look after, yet i think these people inspire me more, for these…[Read more]

Hi Team

doesnt that also apply to hybrid trust? that you can also distribute losses against income?

cheers
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 million.”
http://www.theenlightenedway.com/tools/mil_calc.shtml

Hi Amateur,

Welcome to property investing and enjoy your stay here.

To answer your questoin,

Positivly Geared – The property has enough rental income to look after itself, by this it can pay all expenses, and payments due and put money in your pocket at the same time.

Negativly Geared – The rental income is not enough to cover all cost, so you…[Read more]

Hi Kay Henry,

Majority of the properties have gone up in value of $40k and up, one of my negative geared properties went up about $150k in 2 months, the market value for it, is now around the low $400k and is situated in Wavell Heights about 10mins from the heart of Brisbane city, the first 3 i purchase are about double the price now. With a…[Read more]

Hey PropertyGuru,

Hows your trip so far? the net is now boring, no more online property chat on yahoo messenger. [] so many good deals to pass on to you, and yes ive found a particular town, with plenty of +ve cash flow in it, but so far no one else, i guess has found it. lots of $$$

hear from you soon
s.i.s

Save on a regular basis
“People…[Read more]

Bruce,

oh boy…. man, take a chill pill…. relax, this is a forum, you must understand and realise why others, here are not happy with your intentions for exposing somes efforts and deals to locate +ve cashflow for other investors and people on here.

Sometimes you have to let things go and sit back and watch, im sure that the people who were…[Read more]

Hi Redwing,

I know Margaret Lomas, i have met her and have had face to face conversations with her, we email each other every now and again, If you are interested in her books i know that she has 4 books out as current and her fifth book i think is due in March.

Margaret Lomas is more like a financial advisior, very helpful lady, big believe in…[Read more]

Merry Christmas and Best of Luck with your New Place, Look forward to hearing you again in the New Year.[:D][][]

cheers
s.i.s

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”
http://www.theenlightenedway.com/tools/mil_calc.shtml

Hi HappyTrace,

By using a trust to own your assests, you:

[] “Own nothing and control everything”

[] Protect your assets from possible attact under lawsuit

[] Pay less tax when the assets bring positive income or, when you sell for a capital gain.

[] Avoid the “rent reliance” complaint from the banks and thus retain your ability to continue…[Read more]

Hi Melbear & Team,

Due to how expensive housing affordability is now, do you think in some rectrospect, that the government, might push or the banks might see fit, to begin and allow servicing 40 years period loans?

For Example if first home buyers, cant get into the market, maybe perhaps this is another way that can be achieved to help them,…[Read more]

Hi Melbear and Team,

Is that true they offer Loans over 40 years?

If so, do you think Australia will follow suit?

cheers
s.i.s

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”
http://www.theenlightenedway.com/tools/mil_calc.shtml

Hi Bear1964,

Here is a link for you, that might be of some benefit,

http://www.somersoft.com/forums/showthread.php?s=915bc5631dc0fd154b11071b2af8e320&threadid=13263

I agree with what you have said and all, and also for myself, i dont like the ways of how Bruce has gone about spoiling and ruining your helpfulness of finding such properties and…[Read more]

Hey Chan$,

though the gangs might be there, but it will be like a place like Inala, bad area to begin with, but over time, it became one of the best places to purchase, gang members moved out and people started moving in, and the suburb had a huge turn around and property prices went up, hope it all goes well for you.

cheers
s.i.s

Save on a…[Read more]

Hi Jaja,

To be honest i’ve lived in Brisbane for about 10 years or more, and one area to stay away from is Woodridge and Kingston area. Like said, low socio economy, vanadalism and poorer area of Brisbane, lots of gangs and wannabe youngies out that way.

But do your due dillgence on the area, and call the local police up and find out, if that…[Read more]