PropertyInvesting.com | djjk | Activity https://www.propertyinvesting.com/members/djjk/activity/ Activity feed for djjk. Mon, 06 Apr 2026 06:07:35 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 284bb3a90be01b0ac45bbf9bdc677040 djjk started the topic Can I claim the full capital loss? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5033368-can-i-claim-the-full-capital-loss/ Sun, 05 Mar 2017 03:11:55 +0000 Hi all,
I purchased property in Pennsylvania USA about 5 years ago. Turns out it was a poor decision – bought in a place that is very hard to sell the properties.

Anyway, I bought using vendor finance over there, paid a AUD 30k deposit (total purchase cost AUD100k) and that’s all I’ve paid since. The rent has basically covered the mortgage and…[Read more]

]]> 4b3bed8b2f0a3fc1ea191d6b3d12c3e0 djjk replied to the topic Buying parents house in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410829-buying-parents-house/#post-4700023 Sun, 16 Mar 2014 23:58:24 +0000 Terry thank you so much for your assistance.  I do realise that it reads as though my mother is trying to rort the centrelink rules, but we are only trying to make sure we structure our affairs correctly.  Would you recommend a property/estate planning lawyer or financial planner?  I have zero respect for financial planners but maybe just havent…[Read more]

]]> f441f78b9b654f758c6c0a531cea8da5 djjk replied to the topic Upgrading to larger ppor and using current house as an investment in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406537-upgrading-to-larger-ppor-and-using-current-house-as-an-investment/#post-4669427 Tue, 08 May 2012 00:29:23 +0000 Great advice Terry. It’s in our name as joint ownership. Can we sell
It to me as an individual (as the high income earner)?

In nsw so will need to pay stamp duty. Obviously we are incentivized to reduce the purchase price right?

]]> e5122b14a1a7517b28c7f3812a9d0aaf djjk replied to the topic Capital Gains Tax Exemption in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406500-capital-gains-tax-exemption-2/#post-4669088 Mon, 07 May 2012 22:03:09 +0000 You should avoid cgt as long as you haven’t had another ppor during that time. If you have may need to look at apportioning for that time.

]]> 7c23250e57ee5ef5d5294b39e8f0eb46 djjk replied to the topic Is the interest on borrowings from AUS tax deductible in NZ if buying investments there? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401458-is-the-interest-on-borrowings-from-aus-tax-deductible-in-nz-if-buying-investments-there/#post-4633794 Sun, 10 Oct 2010 21:02:14 +0000 Yes it is, so long as the property is used for income producing purposes, and you disclose that income on your return.

]]> 0a29b339514c8bf3b11e733ed5ae75e7 djjk replied to the topic My USA Property in the forum Thanks Nigel - I actually https://www.propertyinvesting.com/topic/4400967-my-usa-property/page/2/#post-4630395 Wed, 06 Oct 2010 20:10:59 +0000 Thanks Nigel – I actually went over for a few weeks prior to my first acquisition.

I’m just questioning paying 5k for the conpletion of a few admin tasks ‘list of contacts? Not a critisicm, just asking as perhaps there’s something I’m missing?!

Cheers

]]> 11de51e6a1f16f2f73642e333311293d djjk replied to the topic My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400967-my-usa-property/page/2/#post-4630393 Mon, 04 Oct 2010 20:48:58 +0000 Done a bit of research on myusaproperty now and the business seems sound. My only question is around the 5k in fees required to deal with them (once a property is sourced). This just seems quiet high – especially when you consider prop prices of 50-70k.

Anyone have any thoughts on this?

]]> ce1382545c2ecae4d641cfaa5539a2b8 djjk replied to the topic BEWARE - Inexperienced buyers agents and Cashflow Hype USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401033-beware-inexperienced-buyers-agents-and-cashflow-hype-usa/#post-4630876 Thu, 16 Sep 2010 22:21:26 +0000 The double dip won’t make a huge difference to your return. People still need to live somewhere!

]]> 98339c6817caee69cf67877f8625fd5d djjk replied to the topic What's the area that you think is good for investment. in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401136-whats-the-area-that-you-think-is-good-for-investment/#post-4631505 Wed, 15 Sep 2010 04:44:49 +0000 Good roi’s in upstate ny, texas, and many areas of the Midwest USA (eg Ohio, Indy, Missouri as mentioned etc). There’s some balance required between roi (highest in Midwest, Atlanta and poorer states), and buying where vacancy rates are lower (eg Texas).

To answer the original question on Arizona – the reason it’s prices have crashe has a lot to…[Read more]

]]> 8b172a90013187e747865bf907ba39e9 djjk replied to the topic Michigan Property Market in the forum Depends on the property. I'm https://www.propertyinvesting.com/topic/4399238-michigan-property-market/page/2/#post-4620132 Thu, 26 Aug 2010 11:12:11 +0000 Depends on the property. I’m sure 800 is reasonable for a good place in a nice area. Don’t forget though that Michigan has slot of not so nice areas with huge vacancy rates. Just check the websites like yahoo real estate, homeopath, aol, trulia, bestplaces.net. There’s so many to get an idea of these. Also research your target areas on…[Read more]

]]> c0ea06411cdeab5c76afbbeaa8b1ad77 djjk replied to the topic Paying tax on American Property. in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399361-paying-tax-on-american-property/#post-4621006 Mon, 23 Aug 2010 22:37:05 +0000 Dog with a Bone wrote:
I visited US last year, found a decent property manager.  Bought several cheap houses that have been rehabbed under her supervision, tenants found before work completed.  However, the tax side is a nightmare.  I was advised to put houses in an LLC, did that, now I am informed that, I will be taxed in Aust, as well as US…[Read more]

]]> 1fa17388066afafd7e5a546fff09dbd6 djjk replied to the topic Obtaining Finance to Purchase in the US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400941-obtaining-finance-to-purchase-in-the-us/#post-4630269 Mon, 23 Aug 2010 11:26:33 +0000 Have you looked into vendor financing in the state you are buying? Larger, commercial properties usually offer this option.

]]> e94e97737c76de22e0999d2d7a66faab djjk replied to the topic My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400967-my-usa-property/#post-4630369 Mon, 23 Aug 2010 11:21:33 +0000 Any company that wants to charge these sort of membership fees, fees for accessing contact lists etc need to be given some serious thought.I’d stay well away from them.

My 0.02 worth

]]> 987d1d77ac7c9d970564b63e046a7e60 djjk replied to the topic Investing In Las Vegas and current US housing market in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400524-investing-in-las-vegas-and-current-us-housing-market/#post-4627870 Sun, 11 Jul 2010 19:15:23 +0000 Vegas has experienced one of the biggest falls during the gfc. Jury is out as to whether it has further to fall or not. Just worth understanding the reasons for the drop. One of the main ones is a massive oversupply of property there. Too many developers building and people assuming prices will rise because it’s Vegas.

By all means look into it…[Read more]

]]> 86d8f433b22027e75eadf8a03507d154 djjk replied to the topic Investing in USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398012-investing-in-usa-3/#post-4612575 Wed, 07 Jul 2010 02:54:21 +0000 detroitmarketexpert wrote:
Obviously I'm not an end user but my experience as a provider has been positive. We have taken care of Andrews clients well. Hope this helps. Thanks.

Is that because you receive part of the $4-5k in fees they charge? 

]]> eab2566bc2f0d332cc35584d42d229d9 djjk replied to the topic Tax question re: Car deductions in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400422-tax-question-re-car-deductions/#post-4627334 Tue, 06 Jul 2010 08:45:04 +0000 you CAN claim 5000km's per annum without substantiation though…  (all you need is a reasonable justification for it)

]]> e8e0f32954d072714c5fee4a4e1663e6 djjk replied to the topic Interest in advance - St george bank unable to proces in time -legal options in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400468-interest-in-advance-st-george-bank-unable-to-proces-in-time-legal-options/#post-4627576 Tue, 06 Jul 2010 05:25:52 +0000 Rather than wasting your time fighting the bank (because they've only caused you an consequential loss and owe you nothing),  your best bet is to argue that the interest deduction was ‘incurred’.  It was likely incurred for tax purposes at the point the St George Staff member confirmed it would be deducted.  You had a definate committment…[Read more]

]]> 29a62add6acfe16e295d186034af0743 djjk replied to the topic Finance in Cleveland Ohio in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400381-finance-in-cleveland-ohio/#post-4627058 Mon, 28 Jun 2010 23:05:53 +0000 Contact this guy. I spent a day with him while in Cleveland looking at property earlier this year.  Nice guy and should be able to assist you in finding finance.  http://davidterbeek.topproducerwebsite.com/home.aspFailing that, Richard Taylor (on this forum) seems to be able to finance US property for intl investors. 

]]> 659b34854a75f8cd51f8c1cb0a67c8d2 djjk replied to the topic suggested seminars in the forum Help Needed! https://www.propertyinvesting.com/topic/4400318-suggested-seminars/#post-4626447 Fri, 25 Jun 2010 05:42:35 +0000 As everyone else has said just spend the money on books and read free websites.   

]]> 6b0cfce98d9b8609ca0085b2bf4a9943 djjk replied to the topic 2 Day Tax Lien Workshop in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/page/2/#post-4625300 Thu, 24 Jun 2010 22:12:27 +0000 Just read this thread.  Might be worth looking into this prior to proceeding with Tax lien investinghttp://www.somersoft.com/forums/showthread.php?t=62877&page=2

]]> 04223be5126830cb1273a7908712f225 djjk replied to the topic Investing in Canada in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400250-investing-in-canada/#post-4626079 Wed, 23 Jun 2010 22:19:56 +0000 Vancouver prices (and therefore yields) are similar to Sydney and Melbourne's.  Not a good place for CF+ investment.

]]> 1dc04cf06adc746851cab47a9947142e djjk replied to the topic USA investing - the finer details in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400256-usa-investing-the-finer-details/#post-4626095 Wed, 16 Jun 2010 07:26:30 +0000 HSBC in Aust can setup you up with a HSBC account for a fee of $200.   If you want to save your $200, wait til you go back over there and then setup with HSBC for free.   I didnt have a US bank account when I bought my properties and paid my deposit via bank trf from oz.  All you need to do is transfer the earnest money via ozforex.com.au or your…[Read more]

]]> 02847368e48581f2c9e3e24236c105f0 djjk replied to the topic Buying into Spouse's property to increase negative gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4400228-buying-into-spouses-property-to-increase-negative-gearing/#post-4625998 Tue, 15 Jun 2010 04:38:41 +0000 Im not sure exactly what you mean on the tax side, but I would refinance all three properties so that the majority of your debt sits on the investment properties.  Debt on your PPOR is not deductible, so it is in your interests to reduce this to the lowest amount possible, using the equity in your IPs.  Refinancing is the best way to achieve t…[Read more]

]]> bcb13f7e5c00b4a1f5a55c5930a41cdc djjk replied to the topic Harry Dent predicts USA property to drop another 30% in the forum General Property https://www.propertyinvesting.com/topic/4400209-harry-dent-predicts-usa-property-to-drop-another-30/#post-4625873 Tue, 15 Jun 2010 03:36:52 +0000 wealth4life.com wrote:
New companies are flooding in now doing USA investment … is this safe advise or risky in your opinion … or should we be wise to wait 6 months and buy at the bottom.

Im always amused when people say things like this.  You cant possibly have any idea of what/when the bottom will be?  You could wait and try to purchase p…[Read more]

]]> c3eac9fa4bde2aa1c1c3296ed046f8ae djjk replied to the topic 2 Day Tax Lien Workshop in the forum daveclimbs wrote:What are https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/page/2/#post-4625299 Sun, 13 Jun 2010 08:01:58 +0000 daveclimbs wrote:
What are the benefits, if any, of managing your own tax lien investments over investing in a tax lien fund? The lack of thorough due diligence (ie local knowledge); the difficulty (and increased risk) of managing potential foreclosure from abroad not to mention your time invested in researching the available lien inventory must…[Read more]

]]> ed88a5f4fa8e23cd18e9434284d6a769 djjk replied to the topic 2 Day Tax Lien Workshop in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/page/2/#post-4625291 Tue, 08 Jun 2010 22:57:11 +0000 Has anyone managed to make it work by investing in tax liens?  Interested to hear from some investors that have been doing this for a while.

]]> 548c43c4f3662214f7e06eb1b69696a0 djjk replied to the topic new to property investing in the forum General Property https://www.propertyinvesting.com/topic/4400074-new-to-property-investing-5/#post-4625087 Fri, 04 Jun 2010 07:43:44 +0000 itsandrew wrote:
Thanks ambosh,The one I am familiar with is the 11 second rule (i think that's what its called).  on 400k property rent would need to be something like $3460 pcm.  I find it hard to find a property that fits that (admittedly I've only just started looking again).  1% rule is a lot more conservative.   Are either of these real…[Read more]

]]> f4a994744972f93c5a66c484bd23dad2 djjk replied to the topic 2 Day Tax Lien Workshop in the forum Read this free ebook on https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/#post-4625283 Thu, 03 Jun 2010 09:49:42 +0000 Read this free ebook on liens:http://lienbaron.com/tax-lien-ebookIts a brilliant summary of the lien process, outlining the risks (primarily early redemption or ending up with a worthless piece of land or property), benefits, process and discusses the methods of bidding at auctions etc.  It goes into detail about the difficulty of investing from…[Read more]

]]> cb0abe2730ec34333f6c9335eb4a0a69 djjk replied to the topic new to property investing in the forum General Property https://www.propertyinvesting.com/topic/4400074-new-to-property-investing-5/#post-4625083 Tue, 01 Jun 2010 21:19:13 +0000 AndrewThe 1% rule is one of the rules investors follow when looking for cash flowing deals.  ie the Gross monthly rent needs to be greater than or equal to 1%of the annual mortgage cost.  eg if your mortgage is $400k, does the monthly rent equal $4k per month (unlikely in Sydney!)?  This and the 2% rule is mostly likely to work on lower priced…[Read more]

]]> fdc6c09b4a52e7c0b53efb4ea29c0a8d djjk replied to the topic 2 Day Tax Lien Workshop in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/#post-4625278 Tue, 01 Jun 2010 12:11:06 +0000 I doubt you could bank US cheques in an account in oz.  You can make and receive wire transfers through your US bank (once the account is setup) to the payee/peyer over there.  Thats what I do for my properties.   Being based here, you dont want to be continually messing around with US cheques.Is anyone keen to meet for a lunch/coffee to discu…[Read more]

]]> 477033820da328aeeef734865f522b4a djjk replied to the topic Aussies can't afford to buy in Aus? in the forum General Property https://www.propertyinvesting.com/topic/4400070-aussies-cant-afford-to-buy-in-aus/#post-4625061 Tue, 01 Jun 2010 07:46:12 +0000 If I was a gambler and had the time again – id wait until property prices in Sydney/Melbourne come down.  Its not a question of if – its a question of when and by how much.   

]]> f8c6732e923fa06d489e7e9dd096901c djjk replied to the topic discretionary familoy trust to buy property before paying income tax? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400005-discretionary-familoy-trust-to-buy-property-before-paying-income-tax/#post-4624794 Tue, 01 Jun 2010 07:41:52 +0000 Any income earned in a trust and not distributed to beneficiaries is taxed at the top marginal rate ( around 45-50%).  In short, its not worth it.  Living in a property owned by the family trust is fine.  Just dont try and claim any deductions are try to say you pay rent on it – if you are – suggest speaking to an good accountant about the ATOs …[Read more]

]]> b13c288f0d8252f2493331f49c1a4fef djjk replied to the topic CGT even if selling existing IP to buy new IP in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400077-cgt-even-if-selling-existing-ip-to-buy-new-ip/#post-4625099 Tue, 01 Jun 2010 07:37:30 +0000 I dont need to repeat the short answer given above!  I think in the US you would qualify for 1031 exchange, which provides an exemption for the situation you mention – only if a US resident for tax though.  Australia is less generous. 

]]> 4cc103e198f06654a5ebcb0df0cfbdf9 djjk replied to the topic 2 Day Tax Lien Workshop in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/#post-4625276 Tue, 01 Jun 2010 07:32:14 +0000 Citibank = too hard basket.  As I said earlier, suggest sticking with HSBC Australia and just paying the $200 to get them to setup your US bank account. re the question about my wells fargo bank account.   I set this up over there.  It me not be an option from here.  You cant present a US issued cheque in Australia.  You have to mail the cheque…[Read more]

]]> b26c46f4773a0bfa183a7ecf2299e121 djjk replied to the topic 2 Day Tax Lien Workshop in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/#post-4625271 Mon, 31 May 2010 22:28:56 +0000 For US bank accounts, I opened a Wells Fargo one while over there and im pretty sure you can arrange one by phoning them.  HSBC Aust can arrange a link one with their US office for a fee of A$200.

]]> c1e783eb9e934445b9bd792a676596d8 djjk replied to the topic 2 Day Tax Lien Workshop in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400096-2-day-tax-lien-workshop/#post-4625269 Mon, 31 May 2010 06:28:42 +0000 I missed the seminar but am interested in hearing more about investing in liens.  In general, what was it covering?

]]> 7057110646f3279120193cc17e388120 djjk replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/17/#post-4542188 Fri, 28 May 2010 06:56:52 +0000 Kiwi Property Guy wrote:
They did not introduce Capital gains tax, and did not stop investors being able to claim losses etc.

As an aussie tax resident, your still liable for cap gains tax on a property in NZ so whether the NZ tax authorities charge on the sale it is irrelevant.  Great if your a kiwi though!Josh

]]> 736c91ce86499112fef10cd7afabec07 djjk replied to the topic Off The plan purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4400048-off-the-plan-purchase-2/#post-4624978 Wed, 26 May 2010 22:25:10 +0000 PaulDobson wrote:
I normally buy from the person that bought from the developer, as time tends to establish a real price for the property.

Agree with Paul here.  Buy from the person that bought off the plan, and get a discont for doing so!

]]> 8624e1a27574d2db2868cd4023571cd0 djjk replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/17/#post-4542185 Tue, 25 May 2010 22:47:38 +0000 To answer to the original thread question :  America!  Where else can you find properties with mthly rents being > 2% of the property price? eg my block of units was $80k and gross mthly rent is $2k.  These deals are getting harder to find, but its not uncommon in the midwest… 

]]> 7a2624770ddc98fb4167a1453d60dadc djjk replied to the topic invest in Tampa Florida in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398382-invest-in-tampa-florida/#post-4614793 Sun, 23 May 2010 22:47:42 +0000 chriscarman wrote:
icybarns, i just finished reading two of your posts and i dont think you actually said anything in either of them?thats quite a skill considering how many words you wrote to say nothing…

haha!  Some people aim for quantity over quality!

]]> 9213485927b5403f8d6b216431e5d316 djjk replied to the topic Hedging against foreign investments in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399992-hedging-against-foreign-investments/#post-4624739 Sun, 23 May 2010 20:23:02 +0000 Forex is a risk I wasn’t planning to take, hence I borrowed in usd via seller financing. Best bet is to try to source financing over there rather than rely on an aud line of credit imo. To answer your original question though I don’t know of any avenues for hedging sorry.

]]> 54a2ab0ded567f0cb736b015b89091b6 djjk replied to the topic The numbers just dont add up? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399928-the-numbers-just-dont-add-up/#post-4624485 Thu, 20 May 2010 10:44:12 +0000 Three words.  United States of America (sorry thats actually 4 but you get the point!).

]]> 94091a38b90d74f94a4f62add9ee0693 djjk replied to the topic New LEAD Based laws in the forum Overseas Deals https://www.propertyinvesting.com/topic/new-lead-based-laws/#post-4624498 Thu, 20 May 2010 10:40:38 +0000 sonyasal wrote:
Are you even in Australia? I thought this was an Australian based forum.Do these changes have anything to do with Australian properties?

 No, but I guess thats why the OP posted in the "Overseas Deals" section…

]]> a5313df58e821ec6c45b5559a5fc6147 djjk replied to the topic Investing in dodgy areas in the forum JacM wrote:Hi ambosh Are you https://www.propertyinvesting.com/topic/4399780-investing-in-dodgy-areas/page/2/#post-4623587 Wed, 19 May 2010 23:48:14 +0000 JacM wrote:
Hi amboshAre you an Australian who invested in the US?  If so, how did you go about it?

Hi JacM.  Check through my recent posts in the overseas deals section.  I did it through alot of time on the web and a quick visit to the US midwest in Jan10.  Others offer a service to assist in the process.  CheersJosh

]]> 56fc44ee24d814fa0cf1f9f45a01725f djjk replied to the topic USA investing stories in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399901-usa-investing-stories/#post-4624314 Wed, 19 May 2010 23:25:48 +0000 Info on Vacancy rates can be found here.  http://www.census.gov/hhes/www/housing/hvs/rates/files/tab4_msa_05_09_rvr.xlsWhile it be nice to build an income stream that equals or exceeds what you can make from employment in Aust, I am yet to see others that have achieved this via investing in US property.  The only ones that seem to be making a l…[Read more]

]]> 5079179f426d8b9e717dd0083b6540a8 djjk replied to the topic USA investing stories in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399901-usa-investing-stories/#post-4624312 Wed, 19 May 2010 22:12:10 +0000 doublekfarm wrote:
Unlike Josh, I do have a problem with some companies charging my fellow countrymen ridiculous fees to just "join" their particular site, then make statements that you can make a guaranteed return of 40% or more?

Perhaps I was being too generous with my comment.  I actually do have an issue with those operators that charge a…[Read more]

]]> ab433f74bfc66cfe05faca7ef624f6e8 djjk replied to the topic USA Foresclosure Properties. in the forum Other good sites are https://www.propertyinvesting.com/topic/4398160-usa-foresclosure-properties/#post-4613421 Tue, 18 May 2010 00:14:51 +0000 Other good sites are city-data.com (great source of info from locals), trulia for market stats/trends/last sale prices and yahoo real estate for vacancy rates in a city.  Be careful of cities with vacancy rates >around 10%.  There may be an underlying problem here. I dont use zillow as the values are severely inflated. 

]]> e2cb83933a8349cf330454013d2d62c4 djjk replied to the topic Negatives of Positive Gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4398872-negatives-of-positive-gearing/#post-4617663 Sun, 16 May 2010 00:31:18 +0000 Nathan_b wrote:
You can buy properties in sydney 2 bed units for $160k renting for $270pw+Houses $240k rent for $350pw.Studios aint bread and butter so would only buy a 1 bedder if i was nicking it for very very cheap.

Nathan, ill believe this when i see a link.

]]> ced584a710ff628fd0bff1f80ec08d9b djjk replied to the topic Is it worth locking in your interest rates (Australia) now? in the forum No.  Over the long term, https://www.propertyinvesting.com/topic/4399904-is-it-worth-locking-in-your-interest-rates-australia-now/#post-4624329 Sun, 16 May 2010 00:24:59 +0000 No.  Over the long term, the additional cost of fixed rate has proven to be not worth it.

]]> fe6ba1fa22999c887c75ef555006c9e5 djjk replied to the topic Property in Australia in still VERY cheap in the forum General Property https://www.propertyinvesting.com/topic/4399773-property-in-australia-in-still-very-cheap/#post-4623483 Sun, 16 May 2010 00:22:55 +0000 Not sure what you mean? The stats quote local currency incomes to local prices.  Forex issues dont even factor into these comparisons.

]]>