Scremin,

Lets suppose your purchase price(or current valuation if owned for a while) is $100k

and lets suppose the rent is $120 per week

Your GROSS income is 52 weeks X $120….$6240

To work out GROSS yield, divide gross income by the purchase price, and multiply by 100

i.e. (6,240/100,000)*100 = 6.24%

Of course we must deduct vacancies and…[Read more]

quote:
B. I am intelligent…Im just not very smart. God it hurts to admit that….but I will. []

C

Hahaha, I love that Pinky!

I think I am exactly the same!

But I would never admit that on a forum with thousands of members………

WOOOPS! Looks like I just did[:0)]

Good luck

Cheers
Wayne

quote:
Hi Folks

My maths isn’t to strong, so forgive my dopey or obvious question.

I understand the 11 sec sol gives you a 10.4% yield, what is the 1.6 showing us? I assume it is the minimum rent to remain cf+[]

Cheers
Leigh K[]

Read, learn, grow but most of all do it.

8.3% gross[]

Cheers Wayne

Damn, I missed it!!

What happened

Simon,

Unfortunatly I when to school down the bottom of the hill at Morley SHS…..a harrowing experience!![][xx(]

But when I get back, I will be be heading straight for the hills again.[]

Cheers
Wayne

I finally recieved a reply from Neil Jenman.

This is the basis of his reply:
“It is not possible to make an unethical system ethical. This is the problem of wraps. Many consumer advocates oppose them and, as you may know, several states are now looking into them. Warnings are being issued in WA, SA, ACT and Tasmania.”

He also directed me to this…[Read more]

quote:
[]

What do all of you lot think? Perth or Melbourne?

Cheers
Steph.
P.S Perth is the better of the two naturally…
[}][][8D]

Success is 1% inspiration and 99% perspiration.

Couldn’t agree more Steph!!! Just flogged my ppor here in melb. and I’m going home.[][][]

Whereabouts in Perth are you from? I’m a hills boy…[Read more]

Crashy,

Firstly, I have no position on which is better, – or +, was just using shares as an example. And just for the record, I don’t like negative geared property investment for my PERSONAL circumstances, so I am going a fair way in agreeing with you.

But for certain investors negative gearing can be a fabulous wealth buiding tool.

Going back…[Read more]

quote:
Fester

“most of my properties are -ve geared BUT +ve cashflow”

And just how do you get negative gearing from positive cashflow? I think you forgot that negative gearing requires a ‘negative’ part.

All you bunnies who think neg gearing has advantages, STATE THEM. Provide worked examples. Give us evidence, not opinion.

I think we are…[Read more]

I have been to one also.

Just as Jester has said, very good info if you are an average consumer wishing to buy or sell a home.

My “promoting self interest detector” registered only a slight reading. But thats ok, nothing wrong with promoting your business. He has just disguised it as “consumer protection”

I saw two major purposes for the…[Read more]

quote:
I personally would not get involved with wrapping as I feel that you are taking advantage of other people,

As one considering doing this type of business I must confess to being somewhat perturbed by this argument. Undoubtably some unscrupulous wrappers are indeed doing nasty things to the less fortunate.

But lets not throw out the baby…[Read more]

Agree with Melanie, very nicely handled.

Well done Steve.

Cheers
Wayne

Geurilla journalism!!!! very distastful!!!

No better than petty rumourmongering[!]

Wayne

Westan,

2 points here:

1/ Trading is dead simple but its not easy[?] The mathematics involved are about 3rd grade standard(thankfully[]) It is the psychological factors that make it hard. Not many manage to overcome these, and thats why most struggle.

2/ Trading teqhnique tends to be quite poor. Most traders I know are “breakout”…[Read more]

quote:
i know people with this amount and more
westan

They could always write a book i suppose

quote:
most of the people i know who are traders aren’t making much cash at all. what areyou seeing with your friends?
regards westan

Most traders don’t make much because of poor technique, inexperience etc., but the biggest reason is that most traders are undercapitalized.

You need a fair amount of capital to make a living AND retain some…[Read more]

quote:
In the short term, certainly.

But it doesn’t look easy to me, so I suspect only the most dedicated will stick with it long term. When the bubble bursts, the hunt will be on for many people to find the “next” big thing – back to shares?

cheers,
Darren.

Hehehe, shares have always been a big thing. You hit the nail on the head in your…[Read more]

quote:
, but if your an investor why get nervous? as long as my properties are cash positive, i’m happy to own property.
regards westan

Westan I couldn’t agree more. If I already owned an IP or 20 that were $+, no way would I be a seller. Just not a buyer atm (unless a great deal smacks me right in the chops [][:0)])

The only reason I sold my…[Read more]

I think prices will double!!![]

Just don’t ask me when or what convolutions will happen in the meantime.

I just sold my PPOR….and I am not a buyer until I find value.

I am expecting some value to emerge in the next couple of years.

Just my take on the situation.[:0)]

Wayne

quote:
– however, I am a little worried about the risks associated with it as I would find it extremely hard to recover if I were to lose money – could you tell me whether you consider me at a high risk because of my age and incapacity to earn money by working?

Hi delyse,

The people here are mostly very positive thinking and gung ho about…[Read more]