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Still in School
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December 3, 2003 - 1:31 am
and any bets the RBA, will increase interest rates up next February again.
cheers
s.i.s
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“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.”
Still in School
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December 3, 2003 - 1:26 am
Im not putting any property up for bets, but i do bet the rates will go up in January. Im still betting at the end of 2006, that some lenders and banks will be or near at 10%
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.”
Still in School
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December 3, 2003 - 1:12 am
Hi Alex,
And to work out, what the rental should be for a minmumal return with no cash on cash onconsidered.
Divide the purchase price by 1000 and times by 2 = What the rental must be to get a 10.4 return.
Eg. $60,000 / 1000 = 60, Then times by 2 = $120 a week
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.”
Still in School
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December 3, 2003 - 12:43 am
Hi Pinit2000,
To some what you are right that only a few people will act upon, areas that are said and told to be a good place to purchase, when talking on here.
Though some of the people i network on here, i can admit that if any good place or location or some where that we or i have not checked out, or heard of. The case then is to check it out, and find out as much as possible, although, i think it would be better to keep, good possbile locations to yourself but point out the more obvious which people know.
Just that you dont want to miss out on a good deal, cause there might be other investors who are keen and interested and read everything on these forums.
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.”
Still in School
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December 3, 2003 - 12:18 am
Hi Agent 007,
i know the area you were talking about, did you go to the actually action or did you do attend the bidding that was also held in some other place in adelaide. Was the investor name Scott, i heard about him purchasing about 18 properties there but im unaware if they are all renting now.
By the way when i was talking to the agent there, alot of those houses needed at least $10k to be spent on them to be fixed up.
Well good luck in that area, but housing prices are begining to move and boom there.
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.”
Still in School
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December 2, 2003 - 11:40 am
quote:
There are no secret methods and they have all been discussed on this forum and elsewhere… just use the search button!
Hi pinit2000,
i have to debate what you are saying, but there are different methods and strategies, that are giving people the edge on advantage. Yet many of us, will keep low on telling and revealing on how we are able to do so.
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.”

Still in School
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December 2, 2003 - 11:11 am
Hi Mini,
they are definetly excellent IP, with excellent returns. Good luck with them
cheers
s.i.s
Save on a regular basis
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Still in School
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December 2, 2003 - 9:59 am
Hi Westan,
thanks for your comments, All the properties i have purchased were under the market value and some have just already double in price, though i will admit, i know you are an excellent investor and many of your posts i have read, show that you have both knowledge but plenty of excellent investment purchases, which i also do admire.
Offset gearing – is mainly balancing debt and credit but creating finance with amounts of cash flow and quick created equity.
I will try to find a link and post it here about offset gearing, though i did do alot of talkin about it the other day on here on one of the threads.
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.”
Still in School
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December 2, 2003 - 9:34 am
Hi Julian,
11 properties this year as currnet but given a few days the new total will be 13. Been investing for over 9 months now.
Though not all my properties are positive. I target all 4 main areas of property investing.
Positive gearing
Negative gearing
Passive gearing
Neutral gearing
Using the offset gearing principle as my purchasing strategy.
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.”
Still in School
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December 2, 2003 - 9:28 am
Hi Julian,
Were abouts in Syndey are you based? You mentioned an off the plan purchase in Mary St (Brisbane CBD), the one you are talking about is it the new apartment building that is being currently built that will be the highest apartment building in Brisbane, if so i have seen the plans to that, and i have heard good news about that one, i have a few friends who have also purchased off the plan on those ones.
lol, yes i do have other resources for tracking down +ve cashflow property, they do work and quickly can idnetify areas that are not touched or about to go boom.
Anyway Julian, im also around your age, what do you do for as work? and impressed to know there are young females out there who are keen property investors.
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.”
Still in School
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December 2, 2003 - 3:40 am
Hi Julian,
And Welcome to Property Investing.com, theres not many ways to find +ve cash property, but calling up agents, reading newspapers, internet searching, word of mouth are many of the ways.
Though some of us have other ways to quickly navigate +ve cashflow properties, but you will find it hard as many of us, wont reveal the locations or the resources we use.
Though congratulations on your 2 properites you have acquired.
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.”
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December 2, 2003 - 3:23 am
Well Ladies, there will be a group of people from this forum meeting up, in a weeks time, would any of you be interested in coming along?
[][][]
cheers
s.i.s
Save on a regular basis
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December 2, 2003 - 3:16 am
Rydalmere (Very Close to Parramatta)
cheers
s.i.s
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December 1, 2003 - 11:41 am
lol, as soon as i read your post Bear, i didnt even bother opening the link, sorry but i do agree with Bear, even at $30,000 still that is too expensive, i remember earlier searchin in the year in Queenstown, they had some properties selling at under $20,000
that area is no good to invest, i think the population is some what under 300 people.
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.”
Still in School
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December 1, 2003 - 10:24 am
quote:
Can you very quickly explain the difference between passively geared and neutrally geared?
Passively geared is almost the same as positive geared, just more cashflow that equals a passive income, and this profit income is then taxable.
Neutrally geared is the property maybe negative but after claimin expenses or depreciation, after you lodge and claim your tax income/rebate it becomes positive. But it may stay negative for a few years until such payments are low enough to make it positive.
Neutrally geared can also be a positive cashflow property, but due to unexpected expenses and liablities such as vacancies it has turned the property negative for that year or period.
cheers
s.i.s
Save on a regular basis
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Still in School
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December 1, 2003 - 6:26 am
what about parramatta? any young ladies there for a young man?[]
cheers
s.i.s
Save on a regular basis
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December 1, 2003 - 6:14 am
Hi Risky, for your information, i quickly caculated this for you. Pls note i have not caculated cash on cash but the difference between the rental and weekly repayments over 30 years at 6%.
but the best property to purchase would actually be the one for $65,000 rental at $180 a week. The reason begin is that the purchase price between this one and the $100,000 with a rental of $300 a week is that, this one is $35,000 cheaper with already excellent rental, but everyones opinion can be different as for the others here they are caculated, though i didnt bother with the 19 k one it is actually the best one but, i dont like it too cheap and sounds a very risky
Cash on Cash has not be consider, just the difference between weekly repayments and weekly rental.
19k 75pw rent – 28 pw repay – difference $57
55k 170pw rent – 82.50 pw repay – difference $87.50
55k 130pw rent – 82.50 pw repay – difference $47.50
65k 180pw rent – 97.50 pw repay – difference $102.50
65k 120pw rent – 97.50 pw repay – difference $22.50
85k 240pw rent – 127.50 pw repay – difference $112.50
90k 200pw rent – 135 pw repay – difference $65
100k 300pw rent – 150 pw repay – difference $150
115k 280pw rent – 172.50 pw repay – difference $108.50
cheers
s.i.s
make sure you do the caculations
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.”
Still in School
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December 1, 2003 - 5:39 am
quote:
“the profit is made when you buy not when you sell” R. Kiyosaki
Hi guys, i also agree with the pride of purchasin a property at a bargain price. When it does come to investing, i dont play with my emotions, i think hard and try to squeeze every dollar out of the vendor.
Another saying that i live by is
“A dollar saved is a Dollar earnt”
You guys might think that its unfair or how can people be like this.
But what seperates a good investor is that they dont let there emotions get involved and they understand the power of money.
Understand money, on how it works, motivates people and changes there way of thinking. Puts you into control.
There have been many prperties that i have squeezed people out every penny i could and i know that they werent happy but they had no choice and yet, i still can go to bed at night and not be worried or even care.
Its the power of money that puts you in control…
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.”

Still in School
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December 1, 2003 - 5:21 am
i never heard of this and i dont think it true,
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.”
Still in School
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December 1, 2003 - 5:19 am
lol, you can always polish up and old bat.
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.”