Hi dontfightfacts,

I am aware that Nigel operates as a representative under another licensee. It is up to him whether he tells you any more. However, I don’t see that it is relevant to this discussion. If you have a problem with him you should take it up privately, same with your comments regarding his need for a financial services lice…[Read more]

This post is getting a little off topic, is it supposed to be about positive realestate or Nigel Kibel?

I have a client who has purchased through positive realestate and has done quite well. What sort of longer term investments regional towns will be is a matter of conjecture, but they do seem to deliver what they advertise, so i have know…[Read more]

Hi Jacquin,

I have also heard Vaughn speak and highly recommend him.

Regards
Alistair

Hi JenD,

Be careful, if a beneficiary of the covenant objects to its removal, these is basically nothing you can do. Maybe make an offer contingent on the covenant being removed and then see if the neighbour will allow you to.

Regards
Alistair

Hi Megan,

You make some good points, however I have to disagree with your comment.

“Anything I’ve ever heard or read from succcessful investors says “never sell” (unless, of course, there are pressing circumstances).”

This is the Jan Somers method and has been very successful for a lot of people. However, there are also many people who have…[Read more]

Hi Vanessa,

The reason i don’t think this product is particularly good is because the interest rate is so high and also because there are 100% loans available that offer far better rates, particulalry if you are able to save 3% of the loan amount.

If you earn enough money for repayments on a loan at 9% for a %500K loan, why would you not wait a…[Read more]

The only people who would find this product attractive should not be borrowing money.

Hi ES,

I have an 11 week old, my first, so am currently getting used to a very different lifestyle. I can’t really give any advice as its so new to me, but it’s good to hear some experiences from others a little further along the raod I’m now travelling.

Regards
Alistair

Hi Cama,

Yes I own my PPOR and am currently renovating it, although I intend to stay there. My personal point of view is that there is very little downside risk to buying a PPOR, if you are happy to stay in the place. The FHOG is a definate positive, and it really only costs you the difference between what your rent would be and your intrerest…[Read more]

Chang,

Some do a good job for their clients, others not so good and they all have different structures and methods of doing business. It is simply not possible to comment without knowing who you are talking about.

There are people who post on here who provide these services, you could try talking to one of them. Michael Yardney and Nigel Kibel…[Read more]

Hi Chang,

Name the companies and I’m sure you’ll get lots of opinions.

Regards
Alistair

Purchasing a PPOR is definately something you should consider, especially if you are willing to do some renovations. You will get the FHOG and CGT exemption (if you live in it for 12 months of more). Its a good way, relatively low risk way of entering the market.

Regards
Alistair

Hi RTC,

Is the $9,000 genuine savings? you will have a much better chance if this is the case.

Lenders are pretty strict with their criteria for high LVR loans, but it would be worthwhile speaking with a broker about your situation.

Regards
Alistair

Nigel Kibel is another contributor to this forum, who would be worth contacting. I’ve had some dealings with Nigel recently, he is very knowledgable and a great guy.

Regards
Alistair

Hi firefox,

In that price range, you might be able to pick up a decent place in Yarraville or West Footscray. They are both very close to the CBD, have good infrastructure and are rapidly moving upmarket.

Regards
Alistair

Hi Newstart,

We offer town planning, mortgage broking and research services.

Regards
Alistair Perry

Andrew Goldberger at Guests Accounting in Caufield is very good. We use him and so do some of our clients, who are very big property developers. Have a look at their web site http://www.guests.com.au

Regards
Alistair

(We know you have bought over 150. Surely you have an income now that allows you to forget about investment and to “retire” eg move onto more enjoyable things?

If you answer along the lines of “oh I enjoy property investing” I would argue you are a workaholic who needs to get a life.)

Why do you find it so surprising that Steve chooses to…[Read more]

Have you thought of borrowing against your investment property to pay for a deposit on the farm. This will be at a cheaper rate than you will probably have to pay on the loan for the farm, assuming you would need a commercial loan for the bulk of that purchase.

Regards
Alistair

It is very difficult to get finance in the US, for a foreign national, especially if you are looking at property in upstate New York, as are most of the Aussies who are investing over there.

There are a couple of options that are currently avauilable to those who wish to purchase around the Buffalo area. The loans that are available are not…[Read more]