Recent content by S1mon

  1. S1mon

    IP @ Belconnen, Canberra

    sounds like a terrible idea....so many apartments in belco...so many available for rent....more coming online still (the tallest building in canberra just starting)....high strata...and if it you had to get new tennants in 480 realistic? houses in well located suburbs are getting strong sales
  2. S1mon

    Peoples thoughts on Adelaide?

    i dont think you should give up your affordable homes eligibility! get some equity/buy an IP..... them buy your ppor
  3. S1mon

    Adelaide southern suburbs... Is it worth buying? Suggestion?

    yeh colonaddes is appealing...especially with the expansion, large aldi etc. also the 'medical precinct' nearby it...(not that i really know whats there but looked reasonable on google maps)
  4. S1mon

    Adelaide southern suburbs... Is it worth buying? Suggestion?

    not sure about absolute steal but fairly good value...it was on the market for 6 odd weeks, deceased estate. i think originally asking 280 odd (silly), then dropped to 240 to 260 or something...so i offered 220 and agreed to the 228.
  5. S1mon

    Adelaide southern suburbs... Is it worth buying? Suggestion?

    yeh good buying Nemo...looks pretty good. 70 odd k in equity for a months work aint bad. Did you do your own benchtop? i agree there is still some good buys down there, this, and this look like good value, both recent auctions . I bought this one in jan..not too bad tho maybe in hindsight...
  6. S1mon

    Achieving wealth through shares...how?

    this might be worth a read for some /me shrugs and runs off
  7. S1mon

    Southern Adelaide investors- market update please

    DT how come you are so confident ?
  8. S1mon

    Apparently I'm considered "Rich" or "Loaded"...

    yeh i get the same thing from my mates etc...i say im not rich, just willing to go into debt and that they could do exactly the same if they wanted
  9. S1mon

    What paid resources do you use?

    none...im too frugal ..even though some of those things could potentially save or make me thousands (not being sarcastic)
  10. S1mon

    Who do you use for your Depreciation Schedules?

    Maybe get 2 done and take the best one :d
  11. S1mon

    Who do you use for your Depreciation Schedules?

    Ive used depreciator recently and bmt reasoonably recently....will use depreciator for future ones primarily due to price (product is comparable imo)
  12. S1mon

    Next 6 months - How to Invest

    Good question watto was going to buy 1 or 2 more properties .....but lending changes might stop that. I hate the concept of bracket creep so wanted to buy a few with some depreciation to negate it. Will just continue with my 10 year share plan (to get to 30k divs year with reinvestment and...
  13. S1mon

    Minimum return you'd do a Granny Flat for?

    Fair question. I put one in a few years ago in w sydney. If I had my time again I prob wouldnt, but instead do a duplex. Having said that, cashflow is great, depreciation helps too. I was prepared to lose a bit of equity also, hard to tell if I did. as someone said remember you will prob...
  14. S1mon

    High Yielding Shares Again

    28.50 is a gift... be suprised if it gets that low whilst deposit rates are so low. Tho I hope it does so that I can buy more
  15. S1mon

    Canberra townhouses

    yeh I agree. I watch inner belco and seems to going well. Next door just sold after first open, a weekday open, for a great price.
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