Recent content by impermanence

I would still be comfortable investing in Australia for the very long term, which is what the time horizon will be for any investments I use. If you focus on the underlying fundamentals you can block out most of the useless white noise from the media / BBQ talk and the like. Based on 1%...

Hi all I was wondering if anyone could recommend some good audio/podcasts etc. related to real estate investment. I currently listen to a few on the way to work which are really great (real estate talk w/Kevin Turner & the property couch - highly recommend each of these by the way) -...

I would feel pretty comfortable with any amount of debt on the right asset. A very low risk asset would be residential property located near the CBD. The benefits being: - increasing demand (Aus. population increasing by ~400k per year, most of the pop. migrating towards the capital cities)...

What an inspirational post! It is interesting that you wrote this in 2007, you probably had little idea of what the next few years entailed (GFC etc.). This type of information and strategy is worth its' weight in gold. Investing across asset classes, using leverage to improve your...

I am interested in Brisbane more for the long term fundamentals than anything else, it fits in well with my strategy. It is the cheapest of the 4 biggest cities in Australia, it has the 3rd largest population, it has solid population growth, there are some headwinds there but I would say it...

Yes, I am just trying to make the most efficient use of the limited resource of time. I much prefer studying the market than negotiating the best price to pay / inspecting properties. I am a bit of a bookworm and the studying aspect has always come easily to me. On the other hand, I don't...

This is true - I realized it when I was replying to a post that I was just defending my stance lol. Is it too late to change the title?? :D It has still been good to get others' opinions on the topic.

I see what you mean, but this is where I am at with my investing. I have a lot to learn about the ins and outs - no doubt I will look back in ten years time and say I should have done X or why didn't I think about Y. I have limited resources of time and money (and knowledge!) at the moment...

Cheers Jamie, I will keep that in mind. Looking at the big picture it seems to make sense, I can see value in it for my situation. Will be in touch soon when my place in Wright settles haha :D Yes I can see that their negotiating experience alone and contacts in their particular area of...

I am new to property investing and am looking at buying my first IP. I'm not sure if I should use a buyer's agent to help me buy a property - does anyone have any opinions on this? I have done a lot of reading over the last two years and I have read books from people who have similar...

Thank you very much for taking the time to link all those for me :) - I like the positive energy around here, much moreso than the Whirlpool forum. edit: Blast from the past for the first one - 2001! Reminds me of reading Jan Somers circa 1989, things don't change too much over time do they :D...

Thanks Rixter - there are some very savvy people on this forum and I'm getting some great new ideas here. Can you (or anyone else) recommend some "must reads" on this website? I have been looking at the stickies at the top of the forums etc., but I would love to get settled in for a good...

I fully agree with the OP. It is terrible the effect that these people can have on your outlook on life. I believe the power of thoughts are hugely underrated, you surround yourself with negative people like these at your peril! That negative attitude can absolutely become a...

Thanks - I plan to. I thought I had most of it (property investing) figured out but I am learning a lot more each time I research it - there is a lot to learn! If you don't mind my asking, what is your strategy and has it changed over the years? I was dead set on buying purely for capital...

Hi Propertynewby, in regards to your questions I am also going to focus on Brisbane - for the reasons you mentioned plus the fact that prices have not grown in 7 years citywide (per the RBA chart pack). It is good to hear we have similar thoughts with regards to where to invest, we must both be...