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Thanks very much, this good advice. If my "action taking" was as good as my knowledge I could go a very long way to achieving my goals. Certainly working on it!

Thanks for the heads up. Have you noticed much activity around Ipswich since the floods? You would obviously be buying in the higher areas of Ipswich? I would definitely consider something like this if you could get away with a $320k build and a solid cashflow (rent + tax benefits). I'll have a...

Whilst I ponder that question further I have another quick question. What, if any, are the advantages of having an unencumbered title deed on my current IP? Obviously the cash flow would be better (although, you could make better money by putting it in the bank at the very least). I would have...

I calculated a general cashflow scenario. I obviously had to make some assumptions of course. Assumptions: 50% LVR Portfolio size $4 million Debt $2 million (50 / 50 resi and commercial) Commercial 50% Residental 50% of total holdings Rent - commercial 8% (trying to be conservative)...

Hi Meg, thanks for the thoughtful reply. I've been thinking a lot more on the cashflow issue lately as you can probably tell. As you said property is a long term thing, and there's no reason you have to invest in the CBD first. Which areas do you mean when you speak of the North and West of...

Apologies, I forgot to mention this important aspect. Obviously this will differ with an asset held in a company (0% discount) or a superannuation fund (33.33%). Yes, I did. Even in the case of little or no taxable income for individuals. A popular strategy for retiring business people who had...

Hi, thanks again for your comments. I will have a play with the yields tomorrow. Some answers to your other questions (they are most likely rhetoric, but I would like to demonstrate that I am not trying to be spoon-fed and I have done my own research). 1. Learn about how negative gearing...

Hey alexlee, thanks a lot for your kind thoughts. We don't plan on having kids at this stage. My partner isn't interested, and I am apathetic to the idea. This may of course change and I am trying to plan for contingenices like this. "Worst" case scenario for everything like this; separation...

Thanks for the reply Tgarthe - I sent you a PM. Rolf - I went into the CBA yesterday. I am switched over to a SVR + MISA now. Very quickly set up and no fees. I assume that they did not have the zero fee offer when I went in last October. Thanks for the heads up. Just a quick query - is my...

Hi! Please scroll to the bottom to the questions if the background section is too long! My story so far I am 25. I grew up in Ballarat, Victoria and was taught from a young age to be frugal (my parents aren’t “property investors” per se) and that is one of the valuable lessons that they...