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Thanks everybody. I think I will consolidate into the home loan as I feel that I am mature and responsible enough to handle it now. I am also going to look at this as a lesson that needed to be learned and in the greater scheme of things I will call it the "spark" that kick started my...

Thank-you all for your quick response and help. Each point that you have made is valid. To start answering I will start with "why I am struggling on $70-100,000 / year". Up until this point in my life I have been very much a live today don't worry about tomorrow type character. I have seen...

Hi All, I have a serious dilemma which I am hoping I could get some help with. My circumstances: 28 year old single male Income = $71,000 (approx. $100,000 with over time) PPOR worth $265,000 (debt = $207,000) Credit card debt = $24,000 Personal loan debt = $6,000 I am...

Thank-you all very much for your input. With regards to educating my parents, my sister and I have certainly done this and with their slow change of mindset it appears that we have been successful. My parents would like to use the $230,000 to fund another two investment properties. If that is...

oops sorry!! Income = $65,000 combined Living expenses = approx $300 / week Investment timeframes = 10 years Risk profile = low - medium other financial assets = approx $80K in cash Superannuation = unsure?? Insurance in place = health, life etc....pretty standard State of health = very good

Hello All, My parents are nearing retirement age. They are both 57 years old. Currently they have their own home paid off (worth 500K) and one investment property paid off (worth 230K) as well as some cash reserves. After years of trying to persuade them to do more with their money...

Thank you all for your feedback. Y-Man your list is precisely what i was after, thank you very much..... Cheers Wealth Creator

Thanks for your input guys. I understand that it would be different for every state. However if somebody was wishing to share their list with me if they have one that would be great. I could modify it to suit no matter which state the original list is from. For us beginners this check list would...

Hi all, I have just conducted a search on the forum to find out if there is a topic regarding a step by step guide to purchasing property. I couldn't find anything but if there is something on this site that someone knows of could you please send me the link. :) I was wondering if the...

Really good questions michaelg. I'm looking forward to hearing the answers to these also.......

Hello everybody, Recently I have noticed that Devine homes is really pushing their NO DEPOSIT property investment. The ads say something like "An investment home with no deposit, you don't even need the equity in your own home" They claim to: - Pay you an agreed sum...

Hi everybody, I am on the verge of buying my 1st IP. Currently paying off PPOR. This forum has been absolutely amazing and I am learning so much from all of you. One thing I have really taken notice of is the importance of ensuring that you have the correct structure in...

Sorry to ask the above questions guys. I just did a search on this website on Hans Jakobi and found all my answers. Sorry for the inconvenience. I am still new to the forum so be patient with me. :) :) :)

Hi everybody, I was wondering if anybody out there has dealt with Hans Jakobi or completed any of his courses. He claims to be a positive gearing guru and I have come across him several times on the internet. For those of you who have dealt with this guy I would be very interested to hear...

Hi guys, I have another question for you all. In August 2004 I bought my PPOR. During this time I have had family friends stay with me and pay rent(cash). The house is 4 bedrooms of which I occupied 1 and my family friends occupied the other 3. This was my first property purchase...

Thank-you all for your insights, much appreciated. Thanks for the link Merovingian. Acey Ducey, If starting today what would you start investing in if not property? Would you care to share your knowledge? Thank-you Regards Wealth Creator

Hi guys, Love the forum. First time poster. I have a question for the more experienced investors. I understand that many of you have seen many highs and lows throughout your property investment careers. If you were starting out from scratch today which method of investing and...