Recent content by Gentle_Chief

  1. US Property Purchases - Atlanta

    US Property Purchases - Atlanta

  2. Gentle_Chief

    Highest Sustainable Major City/Town Rental Yields You Have Obtained?

    hmmm MTR, you almost got me there :cool: well it is a more realistic 11-12% Yield in the US since the prices have been climbing!
  3. Gentle_Chief

    QLD land valuations put today

    Cairns has not seen any real capital growth in the last 5-7 years. Correct me if I am wrong?
  4. Gentle_Chief

    Highest Sustainable Major City/Town Rental Yields You Have Obtained?

    Try Horsham VIC. Population ~17500 Yields 8-9%
  5. Gentle_Chief

    26 properties and still working at my day job (happily)

    hi MTR, Sash, The Atlanta properties are all mostly the 'newer' properties built post 2000. Check out the pics posted in the Member's Gallery. http://somersoft.com/forums/gallery/showgallery.php?cat=500&ppuser=9427 I have had them revalued last month for an Equity loan and most of them...
  6. Gentle_Chief

    26 properties and still working at my day job (happily)

    hi Strongy, Yes I did pick-up 2 Moranbah properties in 2007. Still own them. They are now worth 70-75% of my original purchase price. These two are still rented and are CF+ve till date, since I bought them at their low-point in 07/08. In hind-sight I should have sold them in 2012 at...
  7. Gentle_Chief

    Get This!

    On the contrary the Land-lord can hit her up with, "return my property in it's original state" or else.... Ignorance is bliss :eek:
  8. Gentle_Chief

    26 properties and still working at my day job (happily)

    Yes DN : Simple approach = Extraordinary results! :) C-mac : Thanks for your kind words, btw, termites is not a bad-word in the investing world in my humble opinion. If managed properly (like yearly termite treatment that costs you $500) it is just another variable to your investing world. I...
  9. Gentle_Chief

    26 properties and still working at my day job (happily)

    It is not a big jump Jamie, something simple, chipping away at the same strategy, investing on 3 or 4 properties every year. Buy +ve CF, Hold and wait, revalue and borrow, Reinvest... nothing more, nothing less ;-) Also attribute it to the most powerful force in the universe ... power...
  10. US Property Purchases - Atlanta

    US Property Purchases - Atlanta

  11. US Property Purchases - Atlanta

    US Property Purchases - Atlanta

  12. US Property Purchases - Atlanta

    US Property Purchases - Atlanta

  13. US Property Purchases - Atlanta

    US Property Purchases - Atlanta

  14. Gentle_Chief

    26 properties and still working at my day job (happily)

    Hiya peeps, Good day to you all. This is GC, back on Somersoft forum. Some of you might remember me & some of you were not even born then :D naah, just kiddin. Have not been a major major contributor here, but have managed to learn some and give back some to this awesome community. Btw I...
  15. Gentle_Chief

    Where is the growth now?

    Some numbers to digest from the report: During 2011-12, sales and service income for the Mining industry was $218.3b of which Iron ore mining accounted for 31.3% (or $68.3b), Coal mining with 26.8% (or $58.6b) and Oil and gas extraction with 16.1% (or $35.2b). At the end of June 2012, the...
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