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I own a few places in Port Augusta and I have made a lot of $ there. I still see potential in the area. As for Pirie; I have been close to buying there in the past but you really need to get to know the town first. Some areas there you can still buy property under $100k but it will be in the...

4 people over $10m? thats very impressive. notice the absence of people between $3m and $7-10m. interesting

Hi there Mrman, I am in Adelaide & I am always happy to meet up for a chat anytime to talk about property investing and finance etc. I will send you my details. Cheers mate Jacob

Nice, where on the murray is the shack?

I'm 23, 3 properties, just about to settle a development site. well done young guns!

Martins workshop this weekend is $2500. Well worth it in my opinion. Ill be there, hopefully I will see you there too! :D

Very good point. It only takes a quick look at the FHOG application forms to understand the requirements. You may purchase/own investment property as long as you never spend but one night in the property. At any point you can purchase a PPOR (or move into an IP as PPOR) and apply for the...

I have limited development experience myself but after meeting Martin Ayles my knowledge increased exponentially! His development blueprint is a great resource; http://www.propertyinvesting.com/resources/products/36 Cheers Jacob

Try Horsham, CF+ properties are available there quite often

If this was yours ............ I would clean it! Apart from that it looks great :D

Does anyone own RAT? I am considering buying a parcel, they appear to have a good yield and currency hedging strategy. also quality assets with strong government leases

They can ask for it but you should be able to negotiate to use any amount as the deposit. Consider a deposit bond, e.g; http://www.depositpower.com.au/

yes I did that. I looked into it thoroughly first and then bought a few investments and then claimed FHOG. you are correct - as long as you never live or stay in the investment property :) Jacob

Hi HandyAndy888, you can certainly do that at your own risk, and a lot of people do just what you are talking about! the 20k loan would not be taxable as it is a loan, although providing the property is an investment, the interest charged on the 20k loan would be tax deductible also! pm...

Sounds very interesting, do you have a link to the story at all?

Hi splade, You make a valid point there. I have sent you a PM.

Yeah thanks for the tip yo yo ma... If you read my post again you will realise I am not blatantly plugging myself because I feel that is immoral activity on these forums, I simply enjoy the process of meeting people around Adelaide that are into property investing and seeing what kind of...

Hi there firstmillion, :) I am a broker and investor myself. I am happy to meet for a general chat about investing and finance etc. if you are interested. Its always great to meet new people with a similar mindset! I haven't been able to get on here much lately so I will pm you my...

sure no worries. hope it all goes well for them :D

Hi there LynnH, The 85% no LMI is standard policy for Westpac (metro and major regional). I have just moved all my banking from NAB and refinanced my properties with Westpac @ 85%. There was no extra fees associated with the 85% LVR. They have been great so far, very happy :) If you would...