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Many thanks to the Somers family for starting this forum. I wouldn't have learned so much and met so many if it wasn't for this amazing resource. See everyone on the new forum!

The article does have some good points like setting realistic expectations for where you can purchase, saving, paying down debt etc but couple of things stood out to me that suggested the article had a huge marketing aspect to it: *She says to buy positive geared properties but at the same...

Well done Simon, great read. Go Gen Y!

http://somersoft.com/forums/showthread.php?t=95543&highlight=property+clock

According to Hockey all you need is a well paying job. Easy :D http://www.news.com.au/finance/economy/treasurers-advice-to-first-home-buyers-get-a-job/story-fnu2pwk8-1227389574292

No one likes a beggar mate

Glad I found this thread. I'm a registered psychologist and thinking about making the transition to private practice. I'm currently working FT in a NGO, current plan is to work for someone with a private practice, learn the ins and outs and then start my own in about a year's time. How's...

Hey Tyrone I was looking for something that had a good yield and room to improve CG and cashflow in the future via a minor reno. Whilst it's not legal dual living, there is additional room downstairs for 1 larger family to move in hence I opted looking for IPs with the possibility of 2 living...

Oops misclicked, I believe another 10% growth this year is likely based on pure speculation.

Congrats, well done!!

Told my friend to call, calls go to voicemail. If only I had pre-approval in place!

Settled today on http://www.onthehouse.com.au/reports/property_profile/2059300/24_Outlook_Street_WATERFORD_WEST_QLD_4133/ bringing our grand small total of properties to 3. Place needs a small amount of work but thought it was a great deal for $305k ($320k asking)and tenants in place renting...

Thanks guys will give them a call!

Hey barbs I use Progress Properties (http://www.progressproperties.com.au/contact/contact-us.php) to manage my IPs in the Logan area. Responsive and good people skills- ask to speak with James Ford and say Justin recommended him :)

I'm thinking of replacing my oyster lights with 6-8 LED down lights in my PPOR apartment, can anyone recommend a good licensed electrician? And bonus question how much would it approximately cost? Cheers

I work at Rosebery, it's undergoing some apartment developments but majority of the suburb is still houses. There's lots of well known shops that've opened or are opening really soon like Kitchen By Mike, Messina, Black Star etc. Could become another Surry Hills/Newtown area in the next few...

Will be there!

Great turn out tonight! Nice chatting to people :cool: Thanks for organising Skater! Let us know when BargainHunter commits to his "fair tax for all" party :p -Justin

Simple question about the $20k deduction- If I have a sole trader business that made $2k and I purchased a computer for business purposes that cost $2k, under the $20k deduction my taxable income is now $0? Which means I get whatever tax I paid on the $2k income back? I.e. 28% of $2k = $560...

The comments section is hilarious.