Hi Mark,
Like others, I see several points made that would have me “looking elsewhere” for my investment. ;)

One, it doesn’t sound like a great discount, and I wonder why the current owners are looking to move it to you?

Two, with “family friends” occupying it, this brings its own set of warnings with it. It is possible that any…[Read more]

Hi Reiya,
I’m with “walking to run” who says

Ill leave your scenarios to someone better qualified to answer but i think you need to step back first and talk to some brokers, there are many on here and hopefully they will help.

Yes the whole scenario is complex – but it is like eating an elephant. One bite at a time you can do it.…[Read more]

Hi Reiya,
I’m with “walking to run” who says

Ill leave your scenarios to someone better qualified to answer but i think you need to step back first and talk to some brokers, there are many on here and hopefully they will help.

Yes the whole scenario is complex – but it is like eating an elephant. One bite at a time you can do it.…[Read more]

Hi Justin,
I’m sure I have heard of such things happening. Of course, it will all come down to “the numbers”, and these will emerge based on the location, the Council, and the builder themselves.

Hopefully someone who has done (or is doing) deals like this can step in to give you better direction, but good one for asking anyway.

Benny

Hi Tiger,
The main thing you are seeing is how there are two major “parts” of any Finance Deal. One is LVR the other is DSR. And either one can limit you.

Richard, or other Mortgage Brokers on here, can take you chapter and verse through the complexities of all this.

Right up, I’d say you are in GOOD shape with $600k of equity. Yes,…[Read more]

Hi Wadez,

Thanks for the idea…. Do you have an idea that such a decline is likely?

Hi Wadez,

1. Click on “Forum” at top of page (between Home and News)
2 This shows a forum Index – choose which forum you want to start a thread in (click on the forum you want)
3. Now that you are in one forum, at top left a “New Topic” button appears – click that, then follow the bouncing ball,

Benny

Hi Tony,
In case you haven’t stumbled over this trhead, do check it out :-

https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/

There are a number of thoughts in there that can be useful to new readers.

Benny

Hi Daniel,
Click on the “Forum” Tab at top right of most pages. Once in the Forum listings, you will see a Search box – type in “Gladstone”, click the “Magnifying Glass” button, and you will find several threads discussing Gladstone.

The first in the group (apart from your own reference in this thread) was this link…[Read more]

Hi Daniel,
Click on the “Forum” Tab at top right of most pages. Once in the Forum listings, you will see a Search box – type in “Gladstone”, click Submit, and you will find several threads discussing Gladstone.

The first in the group (apart from your own reference in this thread) was this link…[Read more]

Hi Suri,
What Jacqui has suggested makes a lot of sense, and reminds me of a story Steve tells in relation to his mantra of making money. His aim when investing is to :-
make the most money
in the least time
with the lowest aggravation
and the least risk

Balancing those out on a particular deal he had, led him to do exactly what…[Read more]

Hi Suri,
What Jacqui has suggested makes a lot of sense, and reminds me of a story Steve tells in relation to his mantra of making money. His aim when investing is to :-
make the most money
in the least time
with the lowest aggravation
and the least risk

Balancing those out on a particular deal he had, led him to do exactly what…[Read more]