Thanks Steven and Steve,

I’d long been confused how Sydney could be reported as having a $1.3m as highest median by one company (a few years back now) while others report other lower values as being the highest.  ABS shows $1.05m as being the highest THEY have ever recorded in Sydney (Jun 2017).  Steve, perhaps your comment here serves me best r…[Read more]

I think this story is a deception and all the examples described in this book are the authors fantasy!

Wow – way to make an entrance, JulianJohn !!    But for now the floor is yours so, let’s hear it – do you have a way to “make it” that we all need to know about? Some way that is not “deception”?

Why not share – that’s what we are all here for….

Benny

Hi Onex,

After reading your opening post, my first thought was to advise a bit of caution.  This post (linked below) from a few years back shows why I wanted to do that for you.  https://www.propertyinvesting.com/topic/5027637-need-advice-with-regards-to-property-investment-in-noble-park/#post-5027647

Now, I realise you may not be looking for a…[Read more]

Hi PSR,

I recall one or two examples in the “big picture” topic – here’s the link to one of them:-

https://www.propertyinvesting.com/topic/5014274-how-do-people-buy-multiple-properties/#post-5014274

As Richard Taylor says in there, along with the theory espoused, the structuring of your borrowings is also very important, so go looking for words…[Read more]

Hi PSR,

I recall one or two examples in the “big picture” topic – here’s the link to one of them:-

https://www.propertyinvesting.com/topic/5014274-how-do-people-buy-multiple-properties/#post-5014274

As Richard Taylor says in there, along with the theory espoused, the structuring of your borrowings is also very important, so go looking for words…[Read more]

Seriously?  :(

What do you mean by “best”?   Cheapest?  Safest?  Best return?  Easiest?

Benny

These days with low interest rates I think buying a main residence first is ideal ….

Terryw’s comment above makes a lot of sense – I was one who had earlier thought (10+ years back) buying IP’s first was better from a financial point of view.  This was mainly because any Interest paid on an investment is a Tax deduction, while on your own home,…[Read more]

These days with low interest rates I think buying a main residence first is ideal ….

Terryw’s comment above makes a lot of sense – I was one who had earlier thought (10+ years back) buying IP’s first was better from a financial point of view.  This was mainly because any Interest paid on an investment is a Tax deduction, while on your own home,…[Read more]

Yeah, that was me having a grumble about what seemed a quite stupid decision.  In the end, that was quite a minor disruption, and yet, it didn’t need to happen if they had only thought a little more i.e use a 2am lockdown start time.

But there really has been far worse decisions, haven’t there?

One major one is this stop-start-stop-start-stop…[Read more]

Yeah, that was me having a grumble about what seemed a quite stupid decision.  In the end, that was quite a minor disruption, and yet, it didn’t need to happen if they had only thought a little more i.e use a 2am lockdown start time.

But there really has been far worse decisions, haven’t there?

One major one is this stop-start-stop-start-stop…[Read more]

Yeah, that was me having a grumble about what seemed a quite stupid decision.  In the end, that was quite a minor disruption, and yet, it didn’t need to happen.     But there really has been far worse decisions, haven’t there?

One major one is this stop-start-stop-start-stop thing that goes on.  How can most businesses run that way?  Some might,…[Read more]

Hi Justin,

It would really depend on whose “portfolio package” it is, and just what it entails.   A bunch of years back, I took a portfolio package with one of the big 4, and found out afterward (my dd was shameful !!) that it was charging me a higher rate than Standard Variable so I unwound a lot of it.  It had other benefits, but the ov…[Read more]

Hi Justin,

It would really depend on whose “portfolio package” it is, and just what it entails.   A bunch of years back, I took a portfolio package with one of the big 4, and found out afterward (my dd was shameful !!) that it was charging me a higher rate than Standard Variable so I unwound a lot of it.  It had other benefits, but the ov…[Read more]