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Hello and thanks

Discussion in 'Introductions' started by Proper T, 30th Nov, 2015.

  1. Proper T

    Proper T Member

    Joined:
    30th Nov, 2015
    Posts:
    9
    Location:
    Sydney
    Hello all
    I joined Somersoft a couple of years ago and have found it a fantastic resource. Thanks to all of you who give your time and experience to the forums. I've been a silent reader because I'm still a newbie with more questions than answers. I only have a couple of local investment properties but they are doing well. One is an inner west terrace and the other is an apartment in southwest Sydney. I've just posted my first query in search of a builder/carpenter since the person who has done this sort of work for me in the past isn't available. Not surprising, given the time of year. I couldn't think of a better place to come than here for recommendations.
    I hope to be more active in the future.
     
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  2. D.T.

    D.T. Adelaide Property Manager Business Member

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    13th Jun, 2015
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    6,209
    Location:
    Adelaide, SA
  3. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,575
    Location:
    507 South Rd ASHFORD SA.
  4. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    18th Jun, 2015
    Posts:
    2,516
    Location:
    Sydney & Gold Coast
  5. Proper T

    Proper T Member

    Joined:
    30th Nov, 2015
    Posts:
    9
    Location:
    Sydney
    Thanks, Xenia. Words are my thing. Property has always appealed to me as a way of investing. I like the combination of capital gains and cash flow. If one's down, there's a chance that the other will be doing OK. I like the fact that property is useful. Everybody's gotta have a home as John Lennon observed.
    Now to work out how to send a pm!
     
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  6. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    2,516
    Location:
    Sydney & Gold Coast
  7. DiligentPM

    DiligentPM Well-Known Member Business Member

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    18th Jun, 2015
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    Location:
    Brisbane
  8. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,575
    Location:
    507 South Rd ASHFORD SA.
    I also like the combination of both and don't believe that one is better than the others, it all depends on the individual ability of the investor to service the loans.

    capital gains properties are usually the ones that are negatively geared, require more cashflow created else where, to hold them, but gosh they are so much more attractive usually than positive cash flow ones in low socio suburbs.

    Not in every situation but you get the gist of it.
     
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