Hi Lucinda,
Use the Search box above, and type in “investors club” (complete with quotes). Then have a read…..

And welcome – I hope you get some benefit from our website.

Benny

Hi Ollie,

Time to sit back and read and learn

Smart move !! And to get you on your way, try this thread :-

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

I’m sure it will provide some answers to questions that you didn’t even know to ask. Enjoy,

Benny

Hi Chris,
… and welcome !! There are a wealth of useful threads that would (collectively) steer you down the right path. One thread I recall that asked particularly re IO loans and “how they work” that could give you some fresh thoughts. And, with the kind of $$ you and your fiance are bringing in, this can be good news. Here’s the…[Read more]

Hi Eljay,

….and welcome. You’ve come to a good place !! Congratulations on setting yourself up so well, but, as others have been alluding, there may be other things worth considering even before you settle on the next one. Richard (I think) mentioned Offset Accounts, and he would be able to give you chapter and verse on them, for…[Read more]

Hi Se7en,
As I understand it, you may choose a flat rate or a reducing rate. With flat rate loans, the % is owed on the TOTAL amount even as you reduce the amount still owing.

I think (long time back now, so can’t be sure) there may also be a fixed term to it e.g. You can’t pay it off within a certain time frame, or, if you do, you STILL…[Read more]

Hi all,
Whatever they end up doing, I trust they will take the time to “think things through” before introducing some radical change.

The NCCP change introduced a couple of years back was an ill-thought-out change (IMHO). The major thing Govts need to consider is that changes may well be worthwhile to “stop people getting into trouble”,…[Read more]

Hi Poor Miner,
I’ll add a +1 for Nick Moustacas.

I have used him previously and he was on top of everything, and a pleasure to deal with. I suspect he would still be in Hurstville, but a quick check of “Strategic Wealth Management” website would affirm that,

Benny

Hi Ben,
First off, please note that the following thoughts don’t directly answer your question, but the thoughts therein might still be useful to you.

Many of the following poster’s “numbers” won’t apply directly to your situation, but do have a read of this whole thread…[Read more]

Hi Bullion,
Nice opportunities there. :) Re the CGT, I am certainly NOT an expert, and, the more I look at it, the more I think I should “Pass” and have you tell us after speaking to a good adviser (Accountant). But below were a few of my thoughts – see what you think….

At first, I thought great – by selling half, your Cap Gain was…[Read more]

Hi Tom,

As JacM said, the API mag can be good, but it will often be two or three months in arrears. Still, it can provide a “history” of a suburb if you are wanting to observe that suburb over time.

Another way to consider (especially if you are buying in your own area – but then, there is always the phone, eh?) and that is to talk to your…[Read more]

Hi MelPO,
….and welcome aboard. Already you have had some great answers from some VERY experienced investors/advisers.

Since you specifically mentioned one of the first really important questions (“Do I buy, or do I rent?”), I wanted to point you to this thread…[Read more]

Hi all,
With a number of new investors joining up, I thought it was time for a “bump” to bring this thread back onto the current pages.

And to those new readers (new investors) who are eagerly soaking up the information provided, do check out the posts in this thread. It covers a host of those early questions, and points you to where you can…[Read more]

Hi all,
With a number of new investors joining up, I thought it was time for a “bump” to bring this thread back onto the current pages.

And to those new readers (new investors) who are eagerly soaking up the information provided, do check out the posts in this thread. It covers a host of those early questions, and points you to where you can…[Read more]

Hi GW,
Ah well, as I said, I don’t know your area. What value DID the valuer put on it?

Anyway, you are in the box seat, and it is yours to sell. I think someone is going to get a bargain at $1.5m – what do other Sydney-siders say?

Benny

For the hell of it, I just did a quick cruise on realestate dot com website for Moorebank land. WOW !! I think I need to upscale my calcs earlier. Have a look at this :-

http://www.realestate.com.au/property-residential+land-nsw-moorebank-200833671

That link shows a 322m2 piece of land with an asking price of $410k !!!!! Better call my…[Read more]

Hi Gateway,

I have a 4,300mtr property in the Liverpool/Moorebank area. It is the last of the original subdivided blocks from the 1920′s so the valuer is not able to take more than an “educated guess” with the caveat that even that could be wrong as the place is the last uncut block, has 2 street fronts, zoned med density, not bad house etc etc e…

[Read more]

Hi LJ,

Wow, sounds like you are having two bob each way !!! I thought you were saying it was me doing that. :p

The US and Australian markets are as different as chalk and cheese. To make comparisons and try to cross link causal affects is to not understand either market or its fundamental dynamics.

Isn’t all of your talk about a “property…[Read more]

Thanks LJ – very useful !! Cheers,

Benny

Woohoo !! We have a “Search” function again…. I just spotted it (and used it too).

Can we have an option to search “just titles” too, please !! :)

Oh, and some smileys again would be nice,

Thanks guys,
Benny

Hi Long John,

You should be a poly Benny. You’re talking a lot without really saying anything or committing to any position. That usually indicates one doesn’t understand the problem or have an inkling of which way things are going.

Well if you think that, you either didn’t comprehend my words, or you choose to continue to promote your per…[Read more]