Forum Replies Created
Hi Jess,
My thoughts go out to you.
I too have been through my fair share of relationship, financial and family problems in recent times. I would say that the last 6 months on most accounts has been the toughest of my life.
The 2 post important things that have kept me going are 1.Friends and 2. Communication. No matter how you feel, don’t be affraid to talk to someone and share what you are going through with you family and friends. You might feel as I did that you don’t want to burden people with your problems however you will soon discover who your REAL friends are,those that will stick by you and listen to you. By communicating (as you have done using this forum) you will most certainly find that people have already been through or are going through very similar problems as yourself and you can use that knowledge to help yourself. Hang in there, stay focused on what you are wanting achieve and you will be a success….keep your chin up you’ll be fine.
Kind Regards
TroyWhat a great story Truska and a very good tip. Since discovering this forum I have learnt more about property investing than any book of had read or tape I have listened to. Although I think I missed that particular suggestion, I would also be keen to learn more about where you are talking about [email protected]. I only have one PI but am very keen on aquiring more. smoros, I will check the link out and Josh, I will shoot you an email re Anita Bell.
cheers
TroyThanks very much everyone for your positive feedback. Muppet, checking with the police and stats on crime on the area is not something I had thought of, thanks for that. I will certainly take that in to account. Being new to an area it is sometimes hard to get a good indication of what is considered a “good” area and a “bad” area. I think speaking to the police may help. I will stay on the hunt.
If anyone else has got any additions to this or can give me an idea of their top 4 or 5 considerations I would love to hear from you.
Thanks again
TroyThanks for the advice guys….I am feel a few steps closer to the right decision.
cheers
tHi Matthew,
I am new to all this however I have been researching and reading Real Estate for some months. I haven’t heard of this particular group but in all I have read I am of the opinion to be careful of anyone that is able to offer “wholesale” properties. There are many seminar spruikers that perport to offer the same opportunities and I have read many stories about people getting taken for a ride. I don’t want to scare anyone but perhaps before you make a decision on your purchase, get an independant valuer to give you a fair market appraisal, it may cost you a few hundred bucks but could save you 000’s in the end. A worth while investment I reakon….
cheers
tCheers Powmow,
Sounds like a good start, thanks mate….I am learning everyday also. Have been watching the market for a few months and reading a lot of comments regarding interest rates etc and about the market peaking in Melb and Sydney. The strategy for this property was capital growth but after doing some research I think it makes more sense to go down the positive cash flow avenue. So thinking maybe a good time to sell while the market is still boyant and concentrate on buying postive cash flow properties. If I rent this one it will be negatively geared. Would like to know if this affects my borrowing capacity. Any Ideas??
Cheers
tquote:
gday troy,i’m a newbie here myself as well so i dont know how much help i will be, but maybe try and work out what rent you could get for the place and see if it is more than the loan repayments? and if it is more maybe try and move in with some mates or something to try and save yourself more money? i don’t know just an idea, but probably a stupid one as i dont know alot yet but am learning more every day!
hope this helps??
check ya
Powmow[^]Cheers Powmow,
Sounds like a good start, thanks mate….I am learning everyday also. Have been watching the market for a few months and reading a lot of comments regarding interest rates etc and about the market peaking in Melb and Sydney. The strategy for this property was capital growth but after doing some research I think it makes more sense to go down the positive cash flow avenue. So thinking maybe a good time to sell while the market is still boyant and concentrate on buying postive cash flow properties. If I rent this one it will be negatively geared. Would like to know if this affects my borrowing capacity. Any Ideas??
Cheers
tquote:
gday troy,i’m a newbie here myself as well so i dont know how much help i will be, but maybe try and work out what rent you could get for the place and see if it is more than the loan repayments? and if it is more maybe try and move in with some mates or something to try and save yourself more money? i don’t know just an idea, but probably a stupid one as i dont know alot yet but am learning more every day!
hope this helps??
check ya
Powmow[^]
]
