These are probably the sh#t heaps that real estate agents call: Lots of potential, renovators dream, needs TLC, For the handy-man etc?
I am not interested in run-down properties, because these cheap properties are not in the area I live. If they were, I would certainly think about buying one as cheap as possible, then renovating to increase the…[Read more]
I am so impressed with Steve’s integrety and generousity![^]
There’s only good things to say about him, in my opinion.
Yes it would be good if we all could have a say or vote which charities the donations should go to.[]
I don’t believe how generous Steve is!
About what he said about wraps, I think Steve wasn’t actually attacking wraps as such,…[Read more]
Hehe Chan, that’s tough when you’re addicted to buying properties. May be you can join Real Estate Anonymus.
But no, seriously, I am thinking myself that I’ll wait buying more properties after the one (only our 2nd) we are buying now and perhaps for a year (or 2 years) or so invest some money in may be a mortgage trust or property trust, or…[Read more]
Yes SIS I’ve got it and it’s great, except now I know that my suburb is not going to perform well this year[8] and [V] and [:p] and also [].
I’ll just wait and see if these people are gonna be right.
This is the 3rd time they have done this report, did anyone buy it last year or the year before and checked if the projections were correct?
Oh,…[Read more]
I think so too, se7ven.
WHat would be the case with a line of credit from the equity of your house? Say if your LOC limit is $200,000 I hope that this is not being counted as a $200K debt![]
What do you think?
Hi again, Melbear, just dragging this post up again. Have you looked in the yesterday’s Sun Herald 2004 Sydney Property guide (not sure if you could get your hands on one)?
The 2004 projections for houses in Paddington is said to be between 6-10%! Not bad. Not many other areas are predicted to perform better than that, many worse! []
Regards!