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  • Profile photo of tumfrombrisbanetumfrombrisbane
    Participant
    @tumsp
    Join Date: 2015
    Post Count: 6
    January 23, 2016 - 4:35 pm

    Hi Ivan

    Thanks for that.

    My accountant didn’t actually mention any specific company, just that he knew of a really good agent and they have had some really good success, saying that, who tells others of a bad product when you’re on a marketing spiel.

    I’m definitely much keener to educate myself further about Brisbane as a whole and the areas of potential boom whilst building a portfolio, I really just want to know of people who have used an agent and what their story is, Did it pay off, Or was it work that can be done yourself with a little dedication to your portfolio building?

    Cheers

    Tim

    Profile photo of tumfrombrisbanetumfrombrisbane
    Participant
    @tumsp
    Join Date: 2015
    Post Count: 6
    December 11, 2015 - 8:28 pm

    Hi Thenewguy,

    Mate thanks for your knowledge, I will speak with my accountant when I return from work in the new year about it all.
    I’m really quite new to all of this and getting my head around all the tax and inner financials is challenging, but im getting there.

    Thanks again

    Tim

    Profile photo of tumfrombrisbanetumfrombrisbane
    Participant
    @tumsp
    Join Date: 2015
    Post Count: 6
    December 11, 2015 - 8:21 pm

    Hi Jason,

    Yeah I have thought, maybe I sell the place early next year, take the profit and buy 2 smaller investments.. The home is in a fast growing suburb so will see what the new year brings.

    Thanks again

    Tim

    Profile photo of tumfrombrisbanetumfrombrisbane
    Participant
    @tumsp
    Join Date: 2015
    Post Count: 6
    December 10, 2015 - 9:20 pm

    Hi Corey,

    Thanks very much for that, you hit the nail on the head, my strategy is to renovate to build capital whilst working on cutting down my debt by working, All positive cash flow is returned into either my loans or renovating of other property, I just like to hear how other people look at it.

    Again thanks for your input.

    Regards

    Tim

Viewing 4 posts - 1 through 4 (of 4 total)