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Too right. We raise the IQ's of both countries when we come over to Aus. Might be something to do with leaving the nest at 18 or earlier and learning to stand up on our own, as opposed to Aussies munching off mummy and daddy's retirement funds and living in utero until 30's.

Great post! We need more of this thinking- growth, aspiration, helping others, becoming better. Great responses. I especially like an early one that discussed collaborating with others to achieve. Another way of doing this is creating your own mastermind group where you can all assist each...

'Over for good' is a very ordinary headline-grabbing generalization worthy of the front page of a tabloid to draw the readers attention. Our history of predicting future events is next to pathetic at best, so I personally don't hold any weight to statements such as these. At best these...

Sell if you can't wait for long term growth. Hold if you're happy for limited CG over next 10 years.

Yes that is more likely to be true, and for Aus to follow suit further on.

People will think them up and act upon them. If you dare to really know why that 2% are so successful, refer to this brilliant offer of information from Rixter: http://www.bplsp.com/Main/Sub-Pages/Success-Puzzle-Download/ Keep in mind most people will laugh at you when you tell them or...

Created... thought up, acted upon. Bill gates was quoted as saying the Internet wont last, Face who? The Wright brothers were bicycle mechanics, Edison was considered mad when he thought up transmission of voices by electricity. Many of the ideas that will become actively realised to produce...

I'm probably getting off point here. IMSHO (In my silly humble opinion) I think this invisible wealth in property in AUS has to stall to let the economy catch up. Production in the economy will be absolutely phenomenal over the next 20 years with unbelievable growth, and new industries...

Nice post Y man. PC could be a great 15-20yr investment. That's my intention. I had 70k in savings after deposits and costs for two props in 2010. That's now under 10k. As the others have said though, if it gets 5-8% long term growth, I'll forget very quickly about scrapping it to get...

Here's a good quote out of T Harv Eker's book, "Secret's of the Millionaire Mind", that I will from right now act on: TELL ME SOMETHING GOOD For the next seven days, I challenge you to not complain at all. Not just out loud, but in your head as well. But you have to do it for the...

Saltwater Coast. Large supply of newly built houses and small demand with very limited infrastructure. Very dodgey the timing of theft of appliances just after installation. 9% rental vacancy over last 3-4 years. Good now for PPOR's and high cash flow investors who are looking for long...

What I learnt as a first time investor through the experience of buying there, is that it doesn't really suit my goals at present, so learnt from that despite what I was told. It really comes down to your plan as an investor. Goals can change, as long as you don't let circumstances or others...

I take responsibility for it. Lesson well learnt. No name throwing, no passing the buck. You've got to learn through doing and then adjust your plan as you go. Only way to fail is to give up.

Agree ^^^ Brisbane great opportunities. If you really want to get into your PPOR in 5 years, you're looking at some more complicated strategies that will require alot more time and attention: 1. Buying and renovating 2. Buying and selling regularly, and turning over small profits...

Point cook definitely 10+ years for any reasonable growth. Big growth there roughly between 2004 and 2011. You might be buying at the top. I learnt the hard way. Bought house and land there Dec 2010 in new development, just got tennants this week. Had three break ins, significant damage...

ThANKS tobe and JWR

Hi, Just wondering if any of you property investors know of any websites with rental vacancy/suburb information that doesn't charge a fee to use the site? Cheers.

DB. Bubble's are great. They influence the economy, innovation, personal wealth, lifestyle and opportunity. They gave us the IT boom, Industrial Revolution and many other industries and careers were formed on their growth. One could argue that due to the rate of growth in property over the...

If you already own that property Aaron at low LVR or debt free, great. To be more transparent, my logic is that I would rather buy a house for 450k that may drop to 250k in a downturn, than a 2mill house that may drop to 1mill. My belief is that property prices are already overvalued...