Oh, and instead of the “ratrace” I’ll be learning to swim with sharks!

Thanks guys….LOL @ candy shop….however, an agent is usually restricted from buying through their own agency…

Right folks, I GOT a job….you guessed, it’s something to do with property…we do get hooked on it, don’t we….I imagine it will be fun as well if I’ll be able to balance it with family commitments….I just don’t know how mortgage brokers or banks treat an estate agent when it comes to loans….

Why not….an area of investment that I haven’t tried yet…yes, I am interested but will have to learn the game first…I’ll do some reading on this site and might go to the workshop….

Have you had any success in loking this up, Peter? I would be interested too. My sister just started her studies to become an accountant and she thinks it’s extremely difficult.

LOL Kay….I should sell a lot of houses as a landrat to make this equation true, but I’m ever the optimistic….maybe I’ll be selling them to you….hahaha

Thanks for the welcome Greg, I’ll be looking forward to it….

Yes you are exactly right….my rentcheck is enough for me to give up work altogether but I don’t think I can give up buying properties so this can be a bit paradoxical…anyway, I’m trying to get a job in real estate, you can wish me luck…..

Thanks Steven, I’m starting to get the idea. Right now I’m focusing on getting ready for applying for jobs and learning the investment game here.

There’s so many threads here so I only found this too late…a pity as it would have been great to meet new people with similar interests…hopefully next time…I’m an Aussie turned Kiwi investor, training to become a landrat in Victoria….[baaa][evil4]

Thanks for your responses, all advice is really appreciated as I’m only new here in Oz. For example, I don’t know what LODOC means.

As for the logic behind the banks attitude to investors…well, let’s put aside the fact that one of the major reasons people become investors is that they want to be financially secure and independent. I can’t see…[Read more]

Hi and thanks for the fantastic tips! Ideally I would like a beachside unit that’s in the holiday pool, so we can use it a couple of times a year. My searches show that it’s possible to buy two for that sort of money in low rise developments or one in a highrise. I’m looking at one on the Broadwater, the other one is on Broadbeach within walking…[Read more]

Thanks Scott…you must be a busy man then….I hope you realise that I am not asking about an imminent purchase, only trying to come to terms with the rules here so I can have a rough idea when looking at potential investments. If that’s ok with you, I will give you a call next week.

I’m soft and I know it. I don’t think I can change that. I’ve let agents pick my tenants so they did all the checks on them and I can say I’ve had no major problems. I started using a PM now but as my properties are in New Zealand this was inevitable. Otherwise, I think it is prudent to use PMs and our IPs should be geared so we can afford them -…[Read more]

G’day again, I’ve had a look at this Depreciator site…so…here’s some stupid questions only a newcomer can ask[embarassed]….. in case of your average established 2-3 BRM house it’s roughly about $2000 per year or only if it’s been recently renovated? Or for a new townhouse it’s about $6000 P/A you can claim? The samples show a five year…[Read more]

Thank you to everyone, I will definitely check out the link and this site. Victoria is a wonderful state and I’m very happy to be here….QLD’s not bad either, in fact I LOVE it….. …but that’s all I’ve seen sofar so I assume the rest of the country is also very nice…..

[cap]Hi everyone, just joined up and trying to see if it works for me already….

Hi, I’ve recently arrived from NZ where I own property, nothing here yet, semi retired but I’m trying to help a friend so I want to get familiar with the local game…