I too am fairly new to this game. I have a couple of properties and I am currently looking for another one.
The day before yesterday my wife and I put an offer on a house for sale. I’ve put in offers for different properties on about 6 occasions. I’ve done a lot of research and I know a lot more than agents think (they think…[Read more]
To me, money can be lost in so many ways, but it can be gained in more ways. I’ve flirted with the idea of making money in many vehicle strucures, but I believe you should choose something you love to do (as long as it’s a way to reach your goals) and be the best _____________ you can be!
I love property and people, and it wasn’t till recently…[Read more]
By the sounds of it, you’ve found a positive cashflow investment, good on ya, I’m still looking for one.
I use a basic calculation to see whether a property rental is +ive cashflow or not. This is simple and I hope someone can elaborate on this so I may use a more precise formula.
Weekly rental ($190) minus property managing fees…[Read more]
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Always set your goals further than you can reach
– Then stretch that little bit further
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Always set your goals further than you can reach
– Then stretch that little bit further
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Im going to the D&P Hanna info night at burswood, I can’t afford to go to any courses yet, but I love going to info nights as they get me excited!
Even if I hear the same things I have heard at other seminars I’m sure somethings will be different and as Steve says “success comes from doing things differently”. I think that $60 could save me…[Read more]
Great to see a lot of young fella’s getting into PI. I am 21 and I STUMBLED into my love for PI as I got Married a 19 and the first property we purchased was a Mortgagee sale, about 12 months later I then realised if I could buy more of these deals I’d be laughing!
Now I’ve sold that one, bought land in mandurah and bought an apt in South Perth…[Read more]
Ziz, I’m not exactly sure what you mean about sell an option to buy???
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Always set your goals further than you can reach
– Then stretch that little bit further
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Thanks AD, you are very helpful. I was almost embarressed to post this topic origonally as it seemed silly coz although I am learning I have so far focused my knowledge in other areas.
as the saying goes “if you don’t ask, how will you know” (or something like that)
So thanks, and thanks for the example it certainly…[Read more]