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Just reading my April edition of the API, these 2 ladies acquired 60 & 70 IPs in very short time. I know the number of properties doesn't mean much, it's the equity & cashflow that count. Besides the numerous maintenance headache, but how is it logistically(finding the IP, applying for the...

In an ideal world, the office is like a big family and everyone likes each other and treats others with honesty and respect. Ideal world doesn't exist, except on SS forum. There are backstabbers, yes men (or women), those who climbs the corporate ladder even if that means trampling on the...

For those who are anywhere near the big 60 when all incomes from the super will be tax free, will you use SMSF to buy IPs so all future incomes are tax free. What are the pros & cons. I think the rule may have changed a bit, is it still true that SMSF can't borrow money to buy properties ?

I have been using optus broadband for few years now, for the past couple of years my inbox is absolutely bombarded with spams telling me various ways to increase the population for this country. I phoned, emailed, wrote letters to optus telling them they need get off their backside and filter...

Investing of any kind carries risks, especially during this GFC. And I hope I can come out the other end relatively okay. Just thinking of the worst scenario, if all my investments tanked or I am unable to work and I/we have to live on a pension or some kind of government sponsored payments...

Just have an offer on my house, the agent commission is over $15000. I shall be generous say the agent worked 20 hrs on this deal, it works out $850 per hour. The "reason/false pretend" is a good agent will make more than he/she will cost you. But the buyer will have a maximum price he is...

Many accountants/solicitors advocate various trusts because it will generate very good & steady business for them. Before I set up my HDT my tax return bill was couple of hundred bucks (average for most taxpayers), now it's two and half grand. One of the 2 main reasons for using trusts is asset...

So far I have not much luck in the stock market, a bit of hit & miss, due to lack of inside knowledge (compared to fund managers) & time. I am thinking of putting most of my money in index funds such as Vanguard or SPDR ASX 200. Just wondering if the company goes broke, will I lost all my...

Given the punters are betting interest rate may come down soon, will you fix 4 years at 8.39%, or not fixing at all ? I haven't signed on the dotted line yet.

I know there are people on SS've done it before. I really love to give up the 9-5 job to full time reno/develop/invest in properties. Just wondering if those have done/am doing it can share their experience.

We are planning to move to Brisbane. The suburbs we are looking at are : The Gap, Forestdale, Fig Tree Pocket. The Gap has very good bus services to the city, every 15 minute, and the trip only take half an hour. Forestdale has acreage properties, not so sure about the public transport though...

Whenever I open up a property, it goes to the map at the bottom of the page. I want to see the description of the property, and if I want I will scroll down. Anyone knows what is wrong with it.

If you are allowed to buy one IP only, which will you choose ? I feel Melton is really way out there, the public transport is not as good.

Following another thread with Lizzie's huge land tax bill, I would like to ask those who invest in NSW (though I doubt if I would buy another IP in NSW), what kind of trust (if any) : unit, discretionary, HDT etc. do you use to minimize the land tax. I know there is threshold for individuals but...

just wondering.

Been to an auction in Doncaster (Melb east), 3-bedroom really old townhouse with not much land, $540K. A quick calculation in my mind P&I loan @8% repayment roughly $50K after tax. Assume $80K before tax, so if a couple is lucky to keep a job for that long, one partner will be looking at working...

I have a block of flats and thinking of strata titling. Just been told by the water board separate meters are required. Just wondering if anyone has done it and what will be the cost to install the separate meters ? Will each flat need a water pipe from the meter ?

Has anyone used Investor Direct and if they really assist (advising, coaching, planning) you in acquiring more IPs. I had couple of meetings with their "financial strategists" and came out none the wiser. Many of the "financial strategists" were from overseas where property investing is not...

This is a follow up on another thread "Once you retire what do you tell people you do? " I know you are ready to walk away/retire from your 9-5 day job when return from your investment is sufficient to cover the living expenses. I know the principle of LOE etc., but interested to know how the...

"Mr Scott, however, said he was leaving "without any sense of guilt" or belief that he had failed Centro, or that he had "not discharged my responsibilities as its chief executive officer"." This man single handedly destroyed a great aussie company and took away the retirement dreams of...