Hi Nathan,
I am new to this as well, but I have one little tip. It is important to keep the end in mind. That is, set goals. For example do you want to own 1 million worth of property in 10 yrs time or do you want $100,00 worth of income each year? Once you set the bigger goals you can break it down into smaller goals and you will have more…[Read more]

Hi all,

A link to the latest star ratings on mortgages.
http://www.cannex.com.au/starrate.htm

I phoned the Australian Tax office and I asked them to send me 3 booklets they have.
1. Personal investors guide to capital gains tax.
2. Rental properties.
3. Guide to depreciating assests.

http://www.ato.gov.au
Tara

Great Seminar!!
We got lots of tips. Our eyes and minds were openned
many times over the weekend. Thankyou Steve for all your
effort.
Tara

They are around at 10% yield, even in Brisbane
I have one I am looking at now.
In the outer areas, I have just heard of a buyers Advocate
locating positively geared properties around
the Toowoomba area if you are interested you
can email me and I will pass on his details.
Tara.

Hi All,
My husband and I are going. We are really
looking forward to it. Meeting like minded
people who are willing to share their
knowledge. It’s going to be great!
Tara

Way to go! Congratulations AD!
It’s great to hear about your
success and your enthusiasm!!
It is very inspiring to us newby’s just
starting out. I also look forward to
further posts re your success.
Tara.

I saw one in a newspaper that went something
like this:
“WHY PAY DEAD MONEY”
Private sale of …. bed home, close to …. Vendor will
finance for $….. deposit and only $….repayments per week.
No bank qualifying. Call …..on Ph…..

Hope that helps
Tara

Ad & Bruce,
Thanks for your reply. It’s great to hear how you
approach it. It has helped me a lot.
Tara.

Jason and Ad,
Thanks heaps for your reply. I really appreciated
your comments. I went back over the figures like
you suggested and found the rates were much higher
than I thought. So at $140,000 the property was
actually negatively geared by $7.00 per week. At
$135,000 the rent would probably have just covered
the outgoings. This was a really…[Read more]

He Rie,
I just set up a LOC using a split loan
with an interest rate of 6.12%. One of
the reasons the broker may be steering you
away from it is that for it to work it should only
be used for investment purposes. That requires
a lot of discipline and therefore it would not suit
everyone. Something to consider, hope that helps.
Tara