Thanks Steve!! I'll show the other half tomorrow. I will be watching your upcoming events closely. What would you consider as a decent asset base? And are we talking at 80% LVR or less?Thanks and wow.D

Whoops Brokering!D

Right! Well this is the discussion that I just had with my other half who told me I was wrong when I said it your way around! It was then explained to me the way I posted it (incorrectly)So if done correctly then you could set up multiple trusts and really keep borrowing especially if you had no problems with serviceability. Probably more so in…[Read more]

Thanks everyone for this post and especially Steve for replying. Can I just clarify the way that trusts are being used in this scenario (humor me ok) Trust A has 1 Mil of properties with say 300k equity. Trust A then loans this equity 'money' to Trust B which then uses this 300k of un-geared 'cash' to secure more loans to buy more property. You as…[Read more]

Ben I hate to say it, but… maybe no one actually really has any super to use, and anyone who did is probably waiting until all the mess gets cleaned up first and a precedent is set for the whole thing.SHales can you get a money partner? Someone who has plenty of cash flow who you can do up an agreement with? jamescameron maybe you can shop a bit…[Read more]

Hi all.Is it on Realestate.com.au? Our agent had ours on a couple sites, theirs and Domain and it hadn't popped up on RE.com.au after I called them they checked and they hadn't filled the thing in right so it wasn't on  the major site. I have actually found every house I have rented on that site so get on to em. the other thing is to try and get…[Read more]

Funny guys! Yeah we did 100% 3 units through Nab in jun/jul. St George would only do 2 units and other lenders would only do 70% etc. Looking at a new opportunity GOM? If the lending goes to commercial for 3 unit developments it’s going to grind to a halt real quick. Sorry typing on an iPhone:) if this thread is still going next week will comment lol

Thanks! Just went through a whole nother thread filled with utter rubbish advertising. Who really uses these sucker products? And having a couple ID's agreeing with each other…..doesn't make me buy it!D

Awesome! How many other people are buying the house? I like the way the agent chucked a sickie when they realized they were in the nasty. was the other persons offer the same as yours or higher or lower? They just pull out everything to get a sale and a huge price!We put in an offer the day a property came onto the net. Yesterday actually. The…[Read more]

Hey Jac,I think that sort of info is the other mag Your Investment Property.D

AndreiR wrote:
Gdaymake them eat of your hand like little BI*CHs

Missed this choice tidbit the first time around………not appreciated.D

You can apply the formula in the revised edition which does give you the yield. If the yield is high bingo. Hence the revised edition.And yes these properties are not just floating in the air for people to pluck, we would all be really rich (nice but ain't happenin). You need to look in different areas. Where I rent you would NEVER EVER EVER find…[Read more]

I was watching Sale for about a year there, up until bout 6mths ago. I think it has done its dash it so I stopped watching. I still like it but I think find something that hasn't gone up so dramatically. You could buy some of the houses in sale for around the $200k mark now $270kish. Moe anywhere from 130-180k I'll be shopping there next (probably…[Read more]

Hehehe see my above post! Don't post when you are having a bad day D

Good post Pete. You are right about the control and loss of freedoms. Govt run internet access and censorship, means more control over what information  can be accessed. ETS so that eventually they can charge for the air that you breathe. More bureaucratic red tape than you can chainsaw through in all levels of Govt. They didn't remove the terror…[Read more]

That's really true Christianb if there is not demand there is no profit and if most sales in the area are 1/4 lots with single dwellings then you may be looking at putting something there that is not feasible. The other thing I forgot in my previous post is the location. Are you walking distance to shops, trains/buses, schools/unis something that…[Read more]

At least you have brains enough to try and make amends rather than burning your business name with everyone on here. D

I think my annoyance threshold was very short yesterday. It seemed like every thread I looked in had BS advertising in the middle, irrelevant to the topic.GrrD

Wealth, you ok over there? Have you not made a penny this year? Are you really a sucker? What is the rest of the article? Down 1.4 coz they are not lending like they used to because THEY are scared of another GFC? Deep breath, try another lender. And it is pretty common knowledge that most pollies couldn't run a bath let alone a shop! Hell the…[Read more]