Forum Replies Created

Viewing 16 posts - 1 through 16 (of 16 total)
  • Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 22, 2012 - 8:07 am

    When is the next one please?

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 16, 2012 - 8:58 am

    What are the good streets in Corio? I’ve heard that I should avoid Fairbairn ? Avenue.

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 16, 2012 - 8:22 am

    Thanks so much Kristin.

    Yes I think CF+ properties would be very hard to find in those areas so I may have to look further out. Now…Back to the databank of SPI magazine!

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 15, 2012 - 10:29 am

    Thanks for the feedback. I suppose we are focusing on CF because we want to make a positive outcome in the quickest amount of time. We are already leasing out our family home using negative gearing.

    We are now looking at regional areas in VIC for positive CF, places like Corio or even Ballarat.

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 14, 2012 - 8:13 am

    I would be interested in hearing from anyone who has invested in billboards or has any info on usual pricing and ROI.

    Many thanks

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 14, 2012 - 8:10 am

    Question for experienced investors:

    We are looking at buying an investment property in the inner city (Melbourne) such as St Kilda, Elwood.

    How do we know if the property will be cashflow positive?
    I have used Steve’s 1 % Rule but would prefer more specific real stories from anyone else who has invested.

    At the moment, the apartments we have been looking at seem to be negative geared (once we include all expenses) rather than positive geared.

    Also, how much of the expenses can we claim from a cashflow positive property?

    Many thanks

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 12, 2012 - 5:14 am

    Is there a particular mag that is specific to Melbourne, Victoria? Sometimes I skip through the articles in API which talk about interstate property as that is not what I’m interested in.

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 12, 2012 - 5:08 am

    Thankyou opee. We had originally been looking at 1 bedroom but some of the users on this forum seemed to think that it would not be a great investment and we are looking for a positive cashflow property.
    I will continue looking :)

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 11, 2012 - 1:06 pm

    Any advice on investing in Elwood, St Kilda and St Kilda West?

    And 1 bedroom or 2 bedroom apartments/units?

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 11, 2012 - 1:02 pm

    The general vibe in this thread seems to be go for 2 bedroom apartments rather than 1 bedroom. I have been looking at 1 bedroom around Elwood, St Kilda because it is close to the CBD and is seem as a trendy area for renters, singles and couples with no children.

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 11, 2012 - 12:52 pm

    I am looking at 1 bedroom apartments in St Kilda, St Kilda West and Elwood at the moment for investment.

    Has anyone had any first hand experience investing in this area?

    Any tips to share?

    Thanks.

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 11, 2012 - 9:04 am

    I went on the link and noticed they are doing lots of future dates in the major capital cities.

    Who has gone to these before?

    Are there any hidden costs associated?

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 8, 2012 - 11:50 am

    Good to read advice about the Quest Apartments or serviced apartments offer..I thought it was too good to be true!!

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 7, 2012 - 11:11 am

    Any investor’s clubs in Melbourne?

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 7, 2012 - 10:57 am
    Dorzy wrote:
    I was talking with my Brother in law
    today, who told me that my ppr
    (principle place of residence) was
    exempt from the capital gains tax. Is
    this a true fact?

    HI Dorzy,
    Yes this is true, I was just reading about this myself online.
    Cheers

    Profile photo of suzbatssuzbats
    Member
    @suzbats
    Join Date: 2012
    Post Count: 18
    July 7, 2012 - 5:10 am

    Hi Janine,
    I would make an offer at the lower price. It wouldn’t be laughed at, after all the agent wants to sell the property and any serious offer would be considered.

Viewing 16 posts - 1 through 16 (of 16 total)