PropertyInvesting.com | AUSPROP | Activity https://www.propertyinvesting.com/members/ausprop/activity/ Activity feed for AUSPROP. Sat, 11 Apr 2026 10:52:58 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 17b2084671eee32700312eef4bc498e9 AUSPROP replied to the topic Stamp duty issues on lease options - VIC in the forum Creative Investing https://www.propertyinvesting.com/topic/stamp-duty-issues-on-lease-options-vic/#post-4662851 Wed, 02 Oct 2013 16:23:01 +0000 thanks so much Paul

]]> 71b4c81ceaa5946c0bf24cbf7a1a0840 AUSPROP replied to the topic Tax Depreciation in the forum Help Needed! https://www.propertyinvesting.com/topic/4408471-tax-depreciation-2/#post-4684105 Mon, 30 Sep 2013 15:24:53 +0000 a tax deduction from your income is worth more than the CGT payable when you sell (if you sell) so yes whilst you will have to pay it back it will presumably be under the 50% CGT reduction, so half the value, plus the tiem value of money

]]> 51a05e7025d4506a907450b690e73b32 AUSPROP replied to the topic Stamp duty issues on lease options - VIC in the forum Creative Investing https://www.propertyinvesting.com/topic/4405752-stamp-duty-issues-on-lease-options-vic/#post-4662849 Mon, 30 Sep 2013 15:01:37 +0000 thanks Paul and Terry – think I had naturally worked my way to this conclusion so looks like I will put one person on RTB and another on instalment contract. The person that wants RTB wants the security of rolling over to IC in 2 years, presumably an option in the RTB agreement to roll over to IC has been done before?

]]> 21ebbbda22eb0c7afe56fc3b8bf3d856 AUSPROP replied to the topic Stamp duty issues on lease options - VIC in the forum Creative Investing https://www.propertyinvesting.com/topic/4405752-stamp-duty-issues-on-lease-options-vic/#post-4662845 Wed, 25 Sep 2013 12:58:45 +0000 the thing with RTB is…. if there is a danger of rates jumping 2 to 5% in the next few years, how can the vendor protect against that? How can the vendor avoid carrying a hefty interest rate bill whilst the RTB'er takes their merry time to buy?

]]> 74ea119f7e623a97b76c79705ba36b71 AUSPROP replied to the topic Stamp duty issues on lease options - VIC in the forum Creative Investing https://www.propertyinvesting.com/topic/4405752-stamp-duty-issues-on-lease-options-vic/#post-4662844 Wed, 25 Sep 2013 12:54:01 +0000 From what I can see it is the opposite in WA? An instalment contract triggers stamp duty but a RTB doesn't? 

]]> c89a3057c467ae696ba2f00b7c301c8f AUSPROP replied to the topic Where did you go wrong? in the forum General Property https://www.propertyinvesting.com/topic/4400648-where-did-you-go-wrong/page/2/#post-4628565 Fri, 31 Dec 2010 04:22:59 +0000 settled on a property that the bank valued at twice its actual value and I didnt realise was only half built and the builder then went broke. BSA denied an indemnity claim. The bank or their valuer stuffed up but they dont care they just see it as my problemLesson – regardless of what the bank lends or values the property at, get your own valu…[Read more]

]]> e649010ff186ad0317be61dc022d7245 AUSPROP replied to the topic Somersoft - recent moderation goings on in the forum Opinionated! https://www.propertyinvesting.com/topic/4401930-somersoft-recent-moderation-goings-on/page/2/#post-4636482 Fri, 31 Dec 2010 02:38:30 +0000 oh is this where everyone has gone. maybe Dazz could be enticed back here…. full circle

]]> f9c92dd2db777e5774d960fb0e616496 AUSPROP replied to the topic What is your structure??? in the forum Steve advocates a corporate https://www.propertyinvesting.com/topic/4397909-what-is-your-structure/page/2/#post-4611920 Mon, 12 Jul 2010 15:24:00 +0000 Steve advocates a corporate trustee but I can't see how he gets this past the lenders…even if they accpeted it surely the 2nd thing the banks ask for are personal gaurantees?

]]> cf7d7e5cbaedad7ecf0822714ff62f70 AUSPROP replied to the topic subdividing on 2 titles in the forum Value Adding https://www.propertyinvesting.com/topic/4389116-subdividing-on-2-titles/#post-4565273 Thu, 19 Apr 2007 06:07:46 +0000 hard to say without seeing all the facts and figures, tho usually it is best to fully develop the land, but don't forget GST and CGT consequences. Forget the accountant as far as subdividing goes… talk to a surveyor to take you thru the necessary steps

]]> 507bca94d2b6c7119f7300941d4dfdfb AUSPROP replied to the topic Property bust not here yet ... worse to come in the forum taking on debt is a https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/16/#post-4548734 Thu, 29 Mar 2007 15:37:01 +0000 taking on debt is a reflection of confidence. look at the birth rates. none of this is amazing nor nation building stuff, but it's all good. cash is not always king… usually it's just lost opportunities

]]> d18e115db1af60a91b8aec72bc8a7b56 AUSPROP replied to the topic Sell or Hold ??? Equity or CGT ??? Help !!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4388941-sell-or-hold-equity-or-cgt-help/#post-4564485 Thu, 29 Mar 2007 15:31:52 +0000 renting your home in Wollongong would be the best possible outcome. you dont lose any of your asset base to taxation and you get to rent for next to nothing  (compared to the cost of ownerhsip) on what would otherwise be a non-deductoble expense.

]]> fbbcafd89d0aafc3a342fa2630eb8151 AUSPROP replied to the topic Going Up? in the forum General Property https://www.propertyinvesting.com/topic/4389005-going-up/#post-4564776 Thu, 29 Mar 2007 05:13:53 +0000 the China effect has seen the real cost of goods fall dramatically e.g. TVs, clothes etc etc and as the dollar strengthens the price of those goods continues to fall. exports become less competitive so there is less demand on the economy and more supply available to the local economy. more supply = lower prices. Also we are so heavily indebted to…[Read more]

]]> 8b82f1b72d491be0c0c737b52e2fb0b3 AUSPROP replied to the topic Entering the WA market in the forum No Subject https://www.propertyinvesting.com/topic/4389021-entering-the-wa-market/#post-4564839 Sun, 25 Mar 2007 06:07:46 +0000 article in todays sunday times quotes gavin hegney as saying the boom is about to take off again and we are in a temporary lull… worth reading

]]> deac23214008f890f3bda8248e1e8b25 AUSPROP replied to the topic Property bust not here yet ... worse to come in the forum No Subject https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/16/#post-4548728 Thu, 22 Mar 2007 08:21:16 +0000 well I think it would be reasonable to assume that wages don’t generally go down after you purchase a house, so there is no increasing burden. cheaper housing is created on the peripheries of cities and that is where FHO’s make a start (the median property of today is not the same property that was around 30 years ago). those trading up or fresh…[Read more]

]]> ff73d369a67928979c2d596aad30047d AUSPROP replied to the topic Property bust not here yet ... worse to come in the forum No Subject https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/16/#post-4548726 Thu, 22 Mar 2007 06:26:28 +0000 but the $600 billion isn’t set in stone – when the first indonesian walk down from up there the value was nothing, so you don’t say the pre pre boom value was nil. The $3.4 trillion is real asset value – real because we do not live in a closed exonomy and much of the sales are to external overseas entities. I would also argue that not everyone…[Read more]

]]> 0d571ba37f852c8b59e0935426f20e5a AUSPROP replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/15/#post-4548724 Thu, 22 Mar 2007 02:38:04 +0000 i dont get it – do I have to read back on the last 42 pages to do so?

why does it have to go up 13%? not all median house price increases have to be funded by debt… it only takes one house on the street to sell for an extra million dollars and you have created $200 miliion in value

]]> b8cf336e0d8ec0203f1799ef81b73386 AUSPROP replied to the topic Buy & Sell, or Keep Cash Positive?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388936-buy-sell-or-keep-cash-positive/#post-4564456 Mon, 19 Mar 2007 09:54:00 +0000 I am often faced with this dilemma and assess the property on several criteria. I too am a fan of the donald and would take his advice f possible

]]> a1f76d67d9e33c501ff42ba88401740d AUSPROP replied to the topic selling before finnishing the building. in the forum General Property https://www.propertyinvesting.com/topic/4388876-selling-before-finnishing-the-building/#post-4564188 Thu, 15 Mar 2007 09:49:43 +0000 I tried to settle mid term once and ran it past my lawyer… even tho buyer and seller was wiling the builder was unwilling to agree to assignment of the building contract.

]]> 4c42b505da54500e730fbdeab60591ec AUSPROP replied to the topic Holiday/exec lettings in the forum Creative Investing https://www.propertyinvesting.com/topic/4388633-holidayexec-lettings/#post-4563196 Wed, 14 Mar 2007 13:42:36 +0000 you will probbaly find that the comparabel rental returns between long term unfurnished and short term is similar. the appeal is that you get to use it in the off season when it is vacant.

]]> 049e68f418c8d7124a39cff43528fa30 AUSPROP replied to the topic how much does it cost to buid in the forum Value Adding https://www.propertyinvesting.com/topic/4388740-how-much-does-it-cost-to-buid/#post-4563633 Wed, 14 Mar 2007 13:38:00 +0000 if you really want a ballpark number… in perth (which is probably similar all over) you are looking at $2500 to $3000sqm for a nice mid range spec. probably the higher end of that price range. you could blow $5k/sqm if you wanted tho

]]> db09e29598e0598abc22ac6358847a2f AUSPROP replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/6/#post-4532946 Wed, 14 Mar 2007 13:33:37 +0000 had a call from my builder – despite the blocks being titled and settled it seems there is no power supply up there yet. the expense of hiring a generator during construction will be about $3k. anyone else stumbled upon this one yet?

and what is the deal with this marmion ave… is it being worked on or is it just pencilled in? not another…[Read more]

]]> de9c073fc74bcf5fe36a53351d776bea AUSPROP replied to the topic Capricorn in the forum No Subject https://www.propertyinvesting.com/topic/4382738-capricorn/page/6/#post-4532944 Thu, 08 Mar 2007 05:55:24 +0000 the stupid thing is.. no gas supply up there. alinta apparantly wont lay the pipes because there is no exisiting demand. so how abouts… we all build 30,000 homes and install fully electric appliances, THEN lay some gas pipes – that’s make sense!!

]]> 4d977b269046954294c46a7403674334 AUSPROP replied to the topic I told you so !!!!! in the forum General Property https://www.propertyinvesting.com/topic/4388413-i-told-you-so/page/4/#post-4562137 Thu, 08 Mar 2007 05:52:29 +0000 “as close to its last rates notice price as possible”

to what end is this? in WA rates are all adjusted at settlement anyway.

had a flick thru that pay off your mortgage in 5 years book a couple of days ago… there is some odd stuff in there i must say.

]]> ec659a21eceeffe316f69c2c52081eec AUSPROP replied to the topic I told you so !!!!! in the forum No Subject https://www.propertyinvesting.com/topic/4388413-i-told-you-so/page/4/#post-4562136 Thu, 08 Mar 2007 05:50:47 +0000 ha ha – reminds me of grade 7 when we had a class banking system and use to be able to buy auctioned items that people brought in. me and a couple of other guys somehow secured ourselves as the bankers and it was on for young and old… counterfeiting, theft from the safe, passbook fraud, you name it. the teacher must have had suspicions about how…[Read more]

]]> dc7f4efcbdd3106ff9410bcec76beabf AUSPROP replied to the topic Kalgoorlie - good time to sell?? in the forum No Subject https://www.propertyinvesting.com/topic/4388688-kalgoorlie-good-time-to-sell/#post-4563430 Thu, 08 Mar 2007 05:44:13 +0000 “If you sell and clear $70,000, you’d get a guaranteed 7.5% pa compounding return on that money by paying down your mortgage”

it’s not quite that high – it’s only the real interest rate i.e. the amount above the base rate, as the deflation of the other mortgage is a real benefit, not to mention the deflation of the PPOR mortgage. this is probably…[Read more]

]]> 9229bcab3d172425d76daa79a5d9109d AUSPROP replied to the topic I told you so !!!!! in the forum No Subject https://www.propertyinvesting.com/topic/4388413-i-told-you-so/page/4/#post-4562131 Wed, 07 Mar 2007 03:51:17 +0000 “Many people followed this kind of logic during 2002 and 2003 in Sydney and Melbourne. Many of those people have had, or are facing a “personal financial disaster”.”

Well that was then and we are in the now. My advice may have been different to a sydneysider in 2003, however with the market at or near bottomed and rents arguably on the up, I cant…[Read more]

]]> 5d1cdb867fb89c790c14358e928efefa AUSPROP replied to the topic I told you so !!!!! in the forum No Subject https://www.propertyinvesting.com/topic/4388413-i-told-you-so/page/4/#post-4562127 Tue, 06 Mar 2007 18:33:02 +0000 Daniel Lee – I would be wary of taking up camp with a bunch of property bears. people have talked property up AND down for years and I can’t think of a time that it hasn’t been substanitally cheaper to rent than to buy AT THAT POINT IN TIME. if I had rented for the past 25 years it would have been a personal financial disaster. if you really…[Read more]

]]> f15127c2fbb8a1a7f34329aa32ca3e0f AUSPROP replied to the topic Pondering - Perth in the forum General Property https://www.propertyinvesting.com/topic/4388693-pondering-perth/#post-4563441 Sun, 04 Mar 2007 16:54:22 +0000 when you put your money into ‘super’ do you think that means putting money into shares? to sell a Perth property prior to the stamp duty cuts when it is generally accepted that the market will come back to life and into a choppy and possibly topped out stock market could produce very disappointing results.

]]> 4c6fb8333c173eba0e0b5422d7259e6b AUSPROP replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/15/#post-4548715 Sun, 04 Mar 2007 16:48:48 +0000 please no… not more magical ways to make millions in property thru options, no money down, secrets of the rich, blah blah blah

]]> 11d300d295e4065f06b6420564726fb9 AUSPROP replied to the topic Any experience with Kit Homes? in the forum Value Adding https://www.propertyinvesting.com/topic/4388684-any-experience-with-kit-homes/#post-4563412 Sun, 04 Mar 2007 16:44:07 +0000 forget fleetwood – their order book is shut, I have been on the order wait list for 8 months and don’t expect a phone call for a year or so. possibly years I suspect.

]]> 27cce293170f5d1d48334a896ce991ce AUSPROP replied to the topic I told you so !!!!! in the forum No Subject https://www.propertyinvesting.com/topic/4388413-i-told-you-so/page/2/#post-4562089 Wed, 14 Feb 2007 03:35:10 +0000 I was involved with a business that was focussed on helping people with bad debts get out of that situation thru sensible means and turn their life around by investing. The biggest problem was finding suitable candidates! we were shocked to find that people in financial trouble were not nearly as abundant as you would expect. in fact most people…[Read more]

]]> f122aca72118040674bc86f104e98b85 AUSPROP replied to the topic Attn Developers - What PROFIT margin is a goer?l in the forum Value Adding https://www.propertyinvesting.com/topic/4381646-attn-developers-what-profit-margin-is-a-goerl/page/3/#post-4526004 Sat, 20 Jan 2007 10:15:46 +0000 Originally posted by Chief Wigam:
LIke Giddo, the original poster, I have a block of 680 sq.m and have a builder quoting me $10000 per square to build 3 townhouses of 18 squares each. The numbers I have tell me to pass over this deal. Is it the builder’s quote that is breaking this deal? Can anyone assist here? I see others building similar…[Read more]

]]> f5055eb20635043b33a417208cb0d871 AUSPROP replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/6/#post-4532941 Sat, 20 Jan 2007 10:06:31 +0000 there are a couple of other options, the biggest being live in, which is what i suspect most buyers intend to do after talking to the other buyers at the land sale. the other is beach house, the other could be a furnished let.

but yes the rental returns wil be interesting to see…

]]> 6a054a2ccc13b6073b43ec27b891cdad AUSPROP replied to the topic SELLING HOUSE FROM UNDER YOU in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388064-selling-house-from-under-you/#post-4560578 Thu, 18 Jan 2007 16:17:02 +0000 I wonder if it would help to have an entity (family trust, co, husband or wife or something) lodge a caveat over the property? one more hurdle for the fraudsters to overcome.

]]> 31dc589a943356b1bdb0f7187649308a AUSPROP replied to the topic Capricorn in the forum No Subject https://www.propertyinvesting.com/topic/4382738-capricorn/page/5/#post-4532939 Thu, 18 Jan 2007 16:10:38 +0000 one of the experts tipped it as the next big thing, which makes sense with the marmion ave and freeway extensions and the sheer size of the develooment and on going demand for housing. the block price still sounds pretty cheap to me and the area has a big future. not to mention one of the nicest beaches in Perth. nothing is garuanteed but I think…[Read more]

]]> 946b466408fcb42c727ce32c0d65e3a9 AUSPROP replied to the topic CGT in the forum Help Needed! https://www.propertyinvesting.com/topic/4387888-cgt-12/#post-4559776 Sat, 06 Jan 2007 07:40:39 +0000 od course with the recent revelation that the CGT compliance section of the ATO is in disarray you may wonder whether you want to bother decalring it at all!!! [blink]

]]> cef665be4ea153098a59faa29c542efd AUSPROP replied to the topic CGT in the forum Help Needed! https://www.propertyinvesting.com/topic/4387888-cgt-12/#post-4559775 Sat, 06 Jan 2007 07:39:20 +0000 like with all tax things its up to you how far you push it. I agree for a one off I would let it slide, however the GST guidelines are quite specific in saying a one off property transaction is caught under the system.

]]> d656afaecbbaf83db5fc899a28fc9600 AUSPROP replied to the topic CGT in the forum Help Needed! https://www.propertyinvesting.com/topic/4387888-cgt-12/#post-4559773 Sat, 06 Jan 2007 06:31:28 +0000 I think the news is worse, however you should speak to a tax accountant. It could be that you are entering into an enterprise and should register for GST. 1/11th of the profit (approx) will be payable as GST. the balance would then go in your tax return as normal income… CGT would not apply as that only applies to the realisation of a passive asset

]]> ccd0b0604ad7b4b206c321dab1ca627c AUSPROP replied to the topic should i buy directly from a developer? in the forum No Subject https://www.propertyinvesting.com/topic/4387763-should-i-buy-directly-from-a-developer/#post-4559073 Fri, 29 Dec 2006 07:46:16 +0000 do you really want to invest in an area that you have no idea about? intimate knowledge of a market allows you to buy well and make a profit regardless of what the newspapers say the median has done or will do

]]> 406a4b7c4fe9440110dc0a4b88089f5f AUSPROP replied to the topic should i buy directly from a developer? in the forum No Subject https://www.propertyinvesting.com/topic/4387763-should-i-buy-directly-from-a-developer/#post-4559068 Thu, 28 Dec 2006 17:41:08 +0000 “an agent told me exactly the opposite story: they can save me some money if i buy using an agent”

they are either lying or misrepresenting the developer… remember that an agent works for the seller, not the buyer. They are obligated to seek the highest possible price for the property and have no interest in saving you money.

similarly, a…[Read more]

]]> f095a686c446931e6a97f871194422f1 AUSPROP replied to the topic capital gains tax in the forum No Subject https://www.propertyinvesting.com/topic/4387530-capital-gains-tax-26/#post-4558012 Fri, 01 Dec 2006 18:46:33 +0000 if you have built a spec hoime with the intention of just building and selling for a profit, then you are conducting an enterprise. As such you will need to register for GST and remit accordingly. As you are conducting an enterprise, CGT does not apply, however the net profit will need to be included in your normal assessable income.

if you are…[Read more]

]]> d7ee8bc792266c3cd2dc053b567cfc6e AUSPROP replied to the topic Contractual Cooling Off Period for WA? in the forum Creative Investing https://www.propertyinvesting.com/topic/4386504-contractual-cooling-off-period-for-wa/#post-4553060 Fri, 15 Sep 2006 06:26:22 +0000 I would personally find that wording way too open – redwing drop me an email if you want an annexrue that is more comprehensive. Bear in mind you have to get a seller to agree to thsi stuff!

http://www.megagroup.com.au

]]> bc5c1d694f538afa06652c9ec49e28af AUSPROP replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/5/#post-4548525 Sun, 10 Sep 2006 15:01:32 +0000 asdf – very surprised that a firm would bother marketing WA house and land in Sydney when (a) there is no land available in Perth, so where is it coming from and (b) why not just sell it locally as they would have queques for it. Would suggest the price is loaded??

]]> fc22c06789123079c14fb18093fa3f3a AUSPROP replied to the topic Perth BOOM in the forum Help Needed! https://www.propertyinvesting.com/topic/4386548-perth-boom/#post-4553344 Sat, 26 Aug 2006 01:08:10 +0000 I think back on sales that I have made in the past… like when I sold a large green title block with a liveable house in east vic park for $180k because I was sure i had picked the peak of the market and everyone was tellign me it couldn’t go higher. Or the townhouses I sold for $290k+ in Vic Park only a couple of years ago now reselling for mid…[Read more]

]]> 52f6d0994a0dc906088ad34dfc2a5fd2 AUSPROP replied to the topic Is this a good investment deal? in the forum General Property https://www.propertyinvesting.com/topic/4386570-is-this-a-good-investment-deal/#post-4553514 Sat, 26 Aug 2006 00:57:15 +0000 Talking about yield without talking about cap growth is like looking at the P&L but forgeting to look at the balance sheet. If you look at:

http://www.reiwa.com.au/res/res-salesgraph-display.cfm?PageUUID=8030e35f42023f4a3e7b-26-Aug-2006-08:52:42:465

you see the powerful effect of compound growth. Even if you overlayed the value of a cash…[Read more]

]]> 1a6709ed3b842ef74351f51161da7aec AUSPROP replied to the topic Contractual Cooling Off Period for WA? in the forum Creative Investing https://www.propertyinvesting.com/topic/4386504-contractual-cooling-off-period-for-wa/#post-4553056 Fri, 25 Aug 2006 09:19:43 +0000 you can contract whatever you like – throw it in if it pleases you… the Seller probably won’t accept it though. you may want to word it as a due diligence clause.

http://www.megapropertygroup.com

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

]]> cedb5780c3e51e10bc73a36116322e2d AUSPROP replied to the topic Is this a good investment deal? in the forum General Property https://www.propertyinvesting.com/topic/4386570-is-this-a-good-investment-deal/#post-4553510 Fri, 25 Aug 2006 09:11:25 +0000 Of course cap growth is the key to an asset, so let’s not foget to add that:

BankWest 0
Citibank 0
Citibank 0
Commonwealth Bank 0
CUA 0
Easy Street Financial Services 0
Encompass Credit Union 0
HSBC 0
HSBC 0
Illawarra Credit Union 0
ING Direct 0
Members Equity Bank 0
National Australia Bank 0
Power Credit Union 0
Select Credit Union 0
St. George…[Read more]

]]> e34014f9db27de39896b2c9662b6e356 AUSPROP replied to the topic Interest rates up property prices to fall further in the forum No Subject https://www.propertyinvesting.com/topic/4386264-interest-rates-up-property-prices-to-fall-further/page/2/#post-4552063 Tue, 15 Aug 2006 15:12:35 +0000 4% jump? just refix it for 15 years if you really think this will happen… here are the combanks rates:

Standard Variable Rate
7.82%*

1 Year Fixed Rate
7.35%*

2 Year Fixed Rate
7.35%*

3 Year Fixed Rate
7.35%*

4 Year Fixed Rate
7.49%*

5 Year Fixed Rate
7.49%*

7 Year Fixed Rate
7.59%*

10 Year Fixed Rate
7.59%*

15 Year Fixed…[Read more]

]]> f9799f7658c09f1b0f1d65ac236b5a06 AUSPROP replied to the topic Latest from Michael Yardney... ?? in the forum No Subject https://www.propertyinvesting.com/topic/4385918-latest-from-michael-yardney/page/2/#post-4550576 Fri, 14 Jul 2006 00:29:33 +0000 Originally posted by foundation:
So I’d take it this is either:
a) A low introductory rate loan with hefty break fees to prevent borrowers from refinancing after the intro rate runs out.
b) A US style negative amortisation loan where borrowers make only part of the interest payment, the remainder is added to the outstanding capital.

But if it’s a,…[Read more]

]]> 797aad3f06c26d240756aa4e9232dac0 AUSPROP replied to the topic 95% of people are doomed to fail in the forum No Subject https://www.propertyinvesting.com/topic/4385752-95-of-people-are-doomed-to-fail/page/2/#post-4549697 Tue, 27 Jun 2006 13:58:19 +0000 it is also a terrible destruction of wealth within our economy. I recently had the pleasure of doing a cruise up in Alaska… I could not tell you the number of australian pensioners on there ‘blowing some cash’ so that they can qualify for a pension; quite an eye opener. ‘Live for the day, collect a pension tomorow’ seemed to be the attitude (and…[Read more]

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