The trust structure does not protect any of the assests under the structure. Meaning that if you get sued you can lose you property IP.

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The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

Hi kingdavid,
Can you explain a bit more about they can negotiate on the duty? I do not get it very clear how it is negociated?
Clones

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The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

As you have been checking new estates, how much do you reckon Mirvac or the others are willling to negociate the prices on new homes?

Do you reckon is easy to negociate old homes?

Clones

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The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

Originally posted by mgr:
Thanks mkc,

I thought the Brisbane CBD was overpriced in December 2004 compared to other CBD’s they are going to phone in the next couple of days , I am thinking of putting in an offer 10% below what they priced in Dec 2004 instead of 18% above.
I will leave it an open offer then they can always come back to me and i…[Read more]

Funny how people find excuses when they want and need to fill immune.

grossrealisation
“low doc”, he believes all these loans are only low doc.

pyramid
“property generally go north in the long term.”, I agree, but you need to get the one that go north if possible the faster. If you are happy to stay in the bottom from 5 or 6 years you are…[Read more]

Originally posted by Dazzling:
That is just the real estate industry trying to talk it up.

Not so sure about that ecatt….all except number 3 are statements of historical fact. It’s what has actually transpired, not what they hope is going to happen. It’s difficult to ‘talk up’ history. It either happened or it didn’t.

The fact there is ~…[Read more]

Hi All,

Well, the sharemarket is performing very strong and 20% return is getting close now since the beginning of January. I’ll pool up some of that money and buy some investment property in a nice area close to the CBD for a 10% to 20% discount.

My plans.

Clones

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The net result is not so much lies, damn lies and…[Read more]

From another forum:

“Well it looks like the results are starting to come in on the great house price debate. The housing industry is doing its best by describing falling house prices as “affordability improves”. Technically correct in that lower house prices are more affordable, but really, just admit it, house prices are FALLING.

In Sydney…[Read more]

Easy, find a place they can pay quickly as a PPOR using the FOG and once they have some equity there start thinking about Property Investment. Don’t go out there and try to make dream money and get stuck for the erst of your life with a mortgage.

Clones

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The net result is not so much lies, damn lies and statistics but…[Read more]

Well, put it in this way, if that is going to make money for you why don’t you take it? too small for you????, it smells strage to me. BTW, why the owner is selling if is that good deal?

Clones

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The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

The wonderful work of Commercial property, I have always found that a crapy business and as asdf says it is very risky for people without any knowlegde about it.

Clones

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The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

Originally posted by grossrealisation:
hi Sweet
couple of things and don’t take these to heart but grow to understand.
1. learn from the lady who owns boost juice its the fastest growing franchise and she hasn’t got there by wishing. shes done it by research and working on what she wanted to achieve.

Well, boost juice lady, when you have the…[Read more]

Hopefully you do not get into one of these developers:

http://finance.news.com.au/story/0,10166,17834502-462,00.html

These are the first signs of the things to come, be careful, high returns, high risks, if you are comfortable with that??.

Clones

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The net result is not so much lies, damn lies and statistics but rather…[Read more]

I’ll save you some time, the 11 second rule is not applicable anymore and if you find any property that fits is because it is in a crappy place or in the middle of nowhere (no tenants). Try to find another options, do not get confuse with the property investing gurus (realestates, brokers, developers) that keep saying that there are many options…[Read more]

They told you the truth. There are still some in very crapy places and towns in the middle of nowhere. If you are happy with that keep looking.

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The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

Just wanted to add the numbers:

Current PPOR = $240.000
New PPOR = $480.000
Balance = $240000

So, do you reckon the builder/developer will be interested in this cse of deal? They will end up with $240.000 in their pocket and another house.

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The net result is not so much lies, damn lies and statistics but rather vendor…[Read more]

Aussie John is completely right. Cashed up as quick as you can.

Clones

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The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

That is good, I’ll talk to the RBA and explain how they are so wrong and how rent are going up everywhere. Maybe they will drop the interest rates next month

The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.

Hi All,

Reading through the inflation report form the RBA found that inflation is heading up and is starting to concern the RBA as increases in interest rates will be needed sonner rther than later.

But what really catchmy attention is that rent are falling and in the last period they were down 2% and I believe that trend will…[Read more]

The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.