Great point[] I wonder if anyone out there lives anywhere in Central QL and would be able to check a place in Biloela for me… hehehe[]

Anybody ever completed a successful lease option, either as an intermediary ao as the final buyer[?][?]

How’s your work going MMmerlin??

Has anybody done, or is anybody doing this right now??
Should I be making the effort to actually get a few potentials and make the trip myself[?]

I like your idea Herme… Check out the area you wish to source property in, click your lower end of the scale in pricing for rent…. check out the local rental prices. Then go and check out the sale prices for the same sized appartments or houses.
Cheers, Alex. Mc

I believe Credit Union has an offset facility at the moment which is fixed at 6.3?%, however I have a feeling it’s only over a three year period. That’s fdefinately the lowest I’ve seen at the moment. []

Work hard for ME and the FAMILY, retire young!![][]

Thanks for the input guys… And don’t worry C2 I’m actually just looking to learn from this excersise. I’ve got a developer and architacht looking at it for their own personal use… I’m really just interested in learnign anything I can while I’ve got the papers in front of me.
The council’s been helpful, though I know there are ways of…[Read more]

MM, sounds like a really good piece of software…. Looking forward to checking it out, I’ll get rgistered on that site today. I think your idea would really narrow your target market and make it quite a lot easier to pick your propeties more effectively. [^]

Riff- I’ve heard of businesses who do it as well, I have a friend who owns a franchised…[Read more]

Most refinancers, whether they be private or public, will ask for an internal valuation by one of their own proffesionals in the area. I guess a good idea woulld be to get your own valuation done on the house and then find what the average LVR (Loan to Value Ratio) for your area is. This can be done by enquiring through any refinancer who will…[Read more]

Thanks for the reply to this topic mmerlin. I’d like to hear mor about your software which you’re using in conjunction with the internet, based on the change in rental price over a certain period of time. I’m doing the same thing with my friend. What I’ve found is that we have a couple of different steps we have to go thorugh before we can even…[Read more]

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Shaunwalker – how do you have neg gearing AND positive cashflow at the same time?

Hi RubbacHook, i use that technique, negative gearing and postive gearing… its called offset gearing, well i wouldnt be too hyped about it, this is the type of way i invest and i have managed to purcahse quite a lot of property in a short amount of…

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yeah, I think there’s a fee for any information gained through the council based on property owners. So this becomes hard when you’re after a hundred diferent details. I’m wondering if there are cheaper ways, like a membership through RPData, or something similar??

Thanks Bill, that’s kind of what we’re looking at. We have considered that we may be able to onsell the option for a profit depending on whether the property is able to be developed on etc. What we’ve found to be hard, is the actual contacting people who own the property because we locate the properties via rental promotions. Is there an easy way…[Read more]

The spreadsheet is great, it looks as though it provides accurate and informative figures. i had one query: Is there anyway of upping the years in the repayments section of the mortgage to anything over 3 years??
thanks