P&I
I’m actually still on Sydney wage up here. I’m in an international company and transferred within the company so they couldn’t cut my pay.
However, I want out of this company as I’m not happy with them so I’d get another job (and probably start a hobby biz too on the side) altho I’d like to try a franchise perhaps. Have to read up on franchise…[Read more]

Books I’ve read say “dont negative gear. it was once all the rage but costs money. always positive gear if you want to make money.”. Maybe I have the wrong idea as the CG would still be good. That’s why I post here as I don’t really know and it’s good to get advice. Thanks.

We’d have to rent in Sydney at probably $250pw then another $100pw or so…[Read more]

I’m on the Gee See too.

I won’t be able to invest for a while, having just purchased my PPOR but am interested in discussing and learning all the same.

Hopeful, keen and learning

Thanks for your help!

Hopeful, keen and learning

There doesn’t seem to be many places around which offer that sort of answer to the 11sec solution that I’ve seen from looking around. I guess I need to look out in the sticks for that sort of deal.

From what I’ve seen advertised regarding the home sale and rent on the Gold Coast is:

Rent * 1000 = home price
Alternatively you can expect to get…[Read more]

So in other words I would not purchase a place for this amount of money in this location. I’d just have to find another place which is about half the price but would expect the same amount of rent. (If I didn’t want to negative gear, but wanted positive cashflow instead).

Hopeful, keen and learning

This is what I’m saying.

So if repayments are $350pw and I rent it out at $250pw I’m making $100pw loss.

That’s what I don’t understand.

Hopeful, keen and learning

Wow! This is a great thread to read.

Hopeful, keen and learning

Thanks for the advice emcdonald !

I saw there’s a Jenman Real Estate in my town, so might pick up their brochure.

Hopeful, keen and learning

DD: We have two young kids, so maybe I can find a TH with some backyard space. tnx

Hopeful, keen and learning

Thanks guys! Appreciated.

Yes, free does sound rather good

I will soon reply to you MortgageHunter

Hopeful, keen and learning

Okay thanks MortgageHunter, I will shop around to find one of you guys around here.

How much does that normally cost?

Hopeful, keen and learning

Yes. I later realised I should not post after 11pm.
Those properties are not likely to be suitable.
Sorry.

Hopeful, keen and learning

Thanks guys!

Hopeful, keen and learning

1/ Which Broadband you currently use?
2/ If i want to connect three computers on line, which plan/ISP is in a more econommical way.
3/ How can I control the kids use the internet, is it any router/modem with a key or timer to lock the connection?
4/ Dose the ADSL?Cable have conflict with MSN or
Outlook?
5/ Why the ISP need a contract? Any ISP…[Read more]

Perhaps I should rent for only 6 months and get my own place as soon as I can?

We should have about $35k to spend. We have a few other Personal Loans (probably about $10k worth).

I too saw the show. Going well!
I will have to keep an eye out for another one of your mentoring programs. I’m soon to move to the Gold Coast (within the next month).

Hopeful, keen and learning.

[email protected] anyone? Thanks []

Hopeful, keen and learning.

Baha! Good one, Stu []

I bought API a few days ago and have been reading it. Even Stephen is in this issue talking about Wraps.

Hopeful, keen and learning.

That damn ENJO song gets stuck in my head every time! []

Hopeful, keen and learning.