Recent content by Blitzkrieg

If? Pshhhhh. What if your FarmVille crops don't get watered huh? Won't somebody think of the pixels?

OH SNAP!! Nah, just pulling. I am actually surprised that you can get houses in Sydney's suburbs for such a low amount... I have obviously never looked around, but I would have thought all of Sydney was over 3 hundgy by now... Little ol' Adelaide's outer suburbs seem much pricier by...

Education is key Penti99 Asking questions is fine as long as you understand the answers. I would strongly suggest getting a couple of beginners real estate books (or borrowing from local library) and really having the basics down pat before you move on any deals you may have in mind. Of...

So it's a buyers market then? More motivated vendors, more cheaper deals in the offing. First home buyers put off for a while (stay renting) When rental vacancy rates increase, I will put on my worried face. Sounds like a good time to be entering an acquisition stage :)

In red was what made it seem like she was the owner.... But either way, accountant all the way for something like this.

Huh? GST is not a profit thing... There's no weighing up and budgetting needed. GST is money that the government will collect (through you as an unpaid tax collector). If your turnover (not profit) is over a certain threshold, you MUST register for GST, but if you are under, you can choose...

So....... About being scared of buying more IPs...

http://mortgagehouse.com.au/home-loans/carpe-diem-home-loan.aspx Full Doc - 2.98% for 6 months reverting to 7.35%. The 2.98% for 6 months is 1/60th of the loan term (30 years). They aren't losing..... Also can't see what the break fee is if you decide to move your loan to the next...

Thanks for the link Michael. I am a long time subscriber to your newsletter :) By the example shown I can easily see that the high capital growth suburbs in the example outperform the high yield suburb. It's like the compounding riddle of being given $100,000,000 now or $1 doubled everyday...

I have always been confused by that whole Capital Growth vs rental yield argument. Sure 10% of 600,000 is $60,000 and 10% of $300,000 is $30,000 and 6 is higher than 3. But 10% is 10%..... two 300,000 houses will have a higher affordability to a pooper (me :( )investor than one...

Wow! JACKPOT! If I was earning 300K profit per year...... I wouldn't be too worried about paying tax - still reDONKulous amounts of money left afterwards..... And why would you want or need to buy more assets when everything is going swimmingly. Depreciation wouldn't make much of a...

Atta-boy! :p FEAR is for pussies! Or people smarter than me... But I tend to be a risk taker. So far, I'm still breathing. 31 years and counting!

Posts: 4,587 - When do you get to drop the newbie tag around here :D Dave - yeah man! I was surprised my post count was so low, and then remembered I spent all my time in the chat room :) Where the hell is Jamie (J-Money)?

G'day Jacque :) Yeah I was surprised by how many familiar names were still here once I started snooping around again! Comper100 and CJProperty Give it up for Radelaide!!!! Comper100 - I am pretty keen to move on something very similar once I get all my info (and testicular fortitude)...

Cheers, Yeah certainly, these are all question I fully intend to get the answers to before signing any piece of paper. And if it ends up that time frames are indeed that long or longer and holding costs therefore evaporate any sense of equity creation, then buying an established example and...