PropertyInvesting.com | eloi | Activity https://www.propertyinvesting.com/members/eloi/activity/ Activity feed for eloi. Sun, 12 Apr 2026 23:33:33 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a41d32fcbb2b647d1873a6adf0be99ed eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/page/3/#post-4631672 Sat, 18 Sep 2010 04:55:49 +0000 Peak Debt wrote:
The shortage is an invention of the banks and real estate vested interestsIf you look at the data between the 2000 and 2006 census, the number of houses increased by a greater percentage than the number of people.

this is exactly my point.  everything is propaganda to keep the economy from going into recession but unfortunatly…[Read more]

]]> 5aae16c1c4e044e4ec381454f19444fc eloi replied to the topic Carly Crutchfield (CCorp) in the forum Heads Up! https://www.propertyinvesting.com/topic/4393026-carly-crutchfield-ccorp/#post-4586180 Fri, 17 Sep 2010 19:51:35 +0000 hey guys.just wondering how do you find out the costs associated with building. i can find places and see how much i can sell for but its the cost of building that im having trouble figuring out.

]]> e72bdade9f979d93a46345fa5e2b5bcb eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/page/3/#post-4631669 Fri, 17 Sep 2010 05:45:31 +0000 hey.yes north queensland or all of queensland for that matter is suffering but sydney and melbourne have started to show some signs of similar scenarios. rental vacancies have started to increase, rental returns have been neautral or %2 at most, auction clearences are at %50 and prices have not increased for the last few months and in some areas…[Read more]

]]> 9f47b4273f3aa35fa14ba01c0fae2326 eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/page/3/#post-4631667 Thu, 16 Sep 2010 20:40:30 +0000 Hey freenterprise.   from my understanding rental vacancies has increased, rents have only increased at %1-2 nationally and not the %5-8 that the so called real estate gurus where predicting at the beggining of the year, auction clearences at at %50 in sydney and %55 in melbourne and this is the best cities to buy in apparently. Brisbane, perth a…[Read more]

]]> 38b7fd74c79e6dc6920fe28ee8efe5b9 eloi replied to the topic How to use equity from my house to by first investment property in the forum hey guys im sort of new to https://www.propertyinvesting.com/topic/4401144-how-to-use-equity-from-my-house-to-by-first-investment-property/page/2/#post-4631568 Wed, 15 Sep 2010 05:54:07 +0000 hey guys im sort of new to mortgage brokering but wouldnt a line of credit, split between a fixed rate for the current loan and a variable rate for the new property be more suitable. that way they can save money on having seperate loans, like fees and other stuff.  IM not to sure about the tax implications in this but id assume you could use all…[Read more]

]]> 70cee054b0b18b12f3fc0843dc351c3c eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/page/2/#post-4631661 Wed, 15 Sep 2010 05:37:54 +0000 harb wrote:

cuteyoungchic wrote:
I live in a city South of Perth. House prices have been falling here for approximately 2 1/2 years. There are loads of houses are on the market, to sell your house, you need to drop the price by tens of thousands.. Rents on existing properties haven't risen in a year or two. The main local paper has an…[Read more]

]]> e27f76eee7a814bdfc251f6d3ffae8d2 eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/page/2/#post-4631655 Tue, 14 Sep 2010 05:02:21 +0000 hey freeenterprise can you please explain why there is new unsold properties in sydney, perth, brisbane, gold coast. if its like you  say that we have an undersupply of property by %1 then why do we have these unsold brand new apartments and houses. im baffled by this because if there is an undersupply then we would not have one vacant property.…[Read more]

]]> 3304c91fa866376c77475d23af302de7 eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/page/2/#post-4631652 Mon, 13 Sep 2010 12:04:32 +0000 well if there is an undersupply then wouldnt the rental market be the first to snapped up because its a much cheaper option than a mortgage. I mean really how many people do you see living on the streets. I see a handful in sydney cbd but thats it so we know people have housing. Then how much pop growth we see for next few years and thats…[Read more]

]]> 60a35e220203380d917ce314b45c3405 eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631637 Sat, 11 Sep 2010 17:36:31 +0000 hahaha yes your right. earning $42000 a year after tax with no headaches in a time of uncertainty and possibly, thats a high possibility, of your asset depreciating in value and only returning $21000 in rent  after tax, you also pay tax on your rent, is a very silly idea. Obviuoulsy your one of those people who only started looking at poroperties…[Read more]

]]> 9b7c60402e2cb4c1ffde3c64ccdd52cb eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631635 Sat, 11 Sep 2010 05:37:46 +0000 hey banker. well for someone to not worry in these times would be very fullish of them. if we where having a standard recession then i would agree with ur cycle theory but the circumstances in this recession are very different. The problem began with easy money and thus the sub prime problems which created high debt in the banking system which…[Read more]

]]> 44d906a8df9466d4fdbfefe4d1ddfbfa eloi replied to the topic Is the world going broke! in the forum General Property https://www.propertyinvesting.com/topic/4401111-is-the-world-going-broke/#post-4631325 Fri, 10 Sep 2010 20:30:29 +0000 hey unnmesteryeah i agree. i think most people in developed countries will suffer the most because we are so used to a good and easy life. well lets hope it doesnt collapse completly.

]]> d0970f6dee92104d536d12abee07b110 eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631630 Fri, 10 Sep 2010 20:24:46 +0000 Just to let you know. In america, spain, ireland etc etc they too where saying they had an undersupply of dwellings from 2003 until 2007. now they have a huge oversupply. hahaha.  did 20mil people just dissapear into thin air in amercia and over 2 mil in spain and etc etc etc. because thats the number of dwellings vacant in those countris.

]]> 05beffe024426bb959d7f0897627c3fd eloi replied to the topic australia is has an oversupply of properties and not an undersupply. in the forum General Property https://www.propertyinvesting.com/topic/4401154-australia-is-has-an-oversupply-of-properties-and-not-an-undersupply/#post-4631629 Fri, 10 Sep 2010 20:14:10 +0000 well you say its a generalisation but i work in the construction industry in sydney and i can tell you there are a high number of new properties unsold on the market. Killara  is just one place that i know had a significant number of develepments come into the market this year and last year and half are still to be sold. eastern suburbs of sydney…[Read more]

]]> a66831607f4c63e3afae04d82f8bce87 eloi replied to the topic Is the world going broke! in the forum General Property https://www.propertyinvesting.com/topic/4401111-is-the-world-going-broke/#post-4631323 Fri, 10 Sep 2010 06:09:36 +0000 what i really want to know is how i can protect my wealth. more than likely cash will become worthless as currencies collapse with economies, Properties might lose their value to the point where they are as cheap as chips and gold/silver is only worth its weight on the stock market but in reality i cant go down to a shop and buy a loaf of bread…[Read more]

]]> 0afc0b64a41cf854b783cf67f20f682e eloi replied to the topic Is the world going broke! in the forum General Property https://www.propertyinvesting.com/topic/4401111-is-the-world-going-broke/#post-4631317 Wed, 08 Sep 2010 06:20:11 +0000 Man america is completly messed up, corrupt and greedy.. Its just a shame that they managed to corrupt the rest of the world. America reminds me of the great roman empire. It was thanks to corruption and greed that it crumbled from within but this time it looks like it might be the whole world.   I just want to know what happens to our assets a…[Read more]

]]> ebf2fecb8b33cbcbf6b5d8667ae30c9b eloi replied to the topic Just lost our buyer! :( in the forum Help Needed! https://www.propertyinvesting.com/topic/4401105-just-lost-our-buyer/#post-4631271 Tue, 07 Sep 2010 08:08:48 +0000 So hans whats ur opinion about getting into the mortgage industry at the moment. If lenders are asking valuers to drop figures by up to %30 then this would mean it would be extremly hard for people to get loans since most prices will be above valuations. Im thinking about getting into the industry but these sort of forums tell me maybe to not…[Read more]

]]> 406deaf63fc8e9e537d1d60a9f81a854 eloi replied to the topic Is the world going broke! in the forum General Property https://www.propertyinvesting.com/topic/4401111-is-the-world-going-broke/#post-4631310 Tue, 07 Sep 2010 07:35:28 +0000 hey hans what was the name of the four corners program. your link doesnt take me there and i can not find it anywhere else.

]]> fbe771cad53204b22397baafe28be220 eloi replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/10/#post-4584907 Thu, 02 Sep 2010 06:46:04 +0000 My advice to anyone wanting to learn options is go online to google or any other and u will find many many many informative websites and forums like this one. theres a million ways of doing options its just a matter of looking at scenario in front of you and working with it.

]]> f846578007342d6c44645543fad0f060 eloi replied to the topic should i stay with the same bank? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400992-should-i-stay-with-the-same-bank/#post-4630635 Thu, 26 Aug 2010 09:00:32 +0000 If anyone really want to see how good non banks or credit unions are just go to infochoice.com.au and see for your self

]]> 9c61fc82cfd5c33f717f031a516e8cef eloi replied to the topic should i stay with the same bank? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400992-should-i-stay-with-the-same-bank/#post-4630634 Thu, 26 Aug 2010 08:57:48 +0000 ok here is a loan from a Mortgage house. its a variable at 6.49%.Loan DetailsLoan Type Variable Security Type ResidentialProperty Availability Owner Occupiers, Investors Repayment Options Principal & Interest Repayment Frequency Weekly, Fortnightly, Monthly Interest Rate Notes Min Loan Term 10 Max Loan Term 30 Min Loan Amount $50,000.00 Max Loan…[Read more]

]]> 10580ac5778e527d8bd9ee956eecc043 eloi replied to the topic should i stay with the same bank? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400992-should-i-stay-with-the-same-bank/#post-4630626 Wed, 25 Aug 2010 10:56:28 +0000 HAHAHAH is banker trying to sell you a loan from the big four. <moderator: delete abuse>. when you say that  there's not many creditable lenders out there that will beat NAB, ANZ or CBA on rates / fees etc. most non bank, credit union or building societies  will beat  any of the big four on rates, fees and everything else, which is the reason no…[Read more]

]]> 4b5bc38205cdd4013cdccdfeebca4163 eloi replied to the topic Think twice before buying a home... Kochie in the forum General Property https://www.propertyinvesting.com/topic/4400929-think-twice-before-buying-a-home-kochie/#post-4630169 Wed, 25 Aug 2010 10:31:21 +0000 Aperry what factors are you speaking off. If its the fact that real estate experts keep talking about an undersupply in australia. Well in case you and all the other sheep dont realise, that is all propaganda to keep them in a job. In 2006 and 2007 they where saying the same thing in america and in uk. They where saying they have an undersupply of…[Read more]

]]> c6422ce510ed41de52a0f87208b522bf eloi replied to the topic Is it right time for propety investment in the forum General Property https://www.propertyinvesting.com/topic/4400813-is-it-right-time-for-propety-investment/#post-4629529 Tue, 17 Aug 2010 09:39:33 +0000 If you can secure a good price on a property that will deliver good net yields then i mwould go for it but i would want to secure a price that is at least %20-30 discount because i beleive that is how much they will come down within the next few years. SO if u can secure that price and get a tennant in there for a few years paying a good rent then…[Read more]

]]> 39b8453a04ea109f32ad72c4c883c0cb eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/page/2/#post-4629727 Tue, 17 Aug 2010 08:40:24 +0000 I know ur not having a dig at me personally banker and im not taking it personally. I actually like this converstaion because i like to hear and read other peoples opinions. I know that the majors have some loans that will be better at someting than non banks but what i dont agree with is when u say non banks and  credit unions are all a rip off…[Read more]

]]> bc65d76960ffb30a9d2221dcc3f941f3 eloi replied to the topic CBA net profit of $5.6Billion in the forum Further more i find i really https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/page/2/#post-4629725 Tue, 17 Aug 2010 08:12:22 +0000 Further more i find i really amusing that CANNEX have rated ratebusters loans and the best loans in the country but yet u say they are not. SO your saying that CANNEX doesnt know what they are talking about.

]]> 0979ab396cf7576a93f9c51d030399f9 eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/page/2/#post-4629724 Tue, 17 Aug 2010 08:10:09 +0000 Here is just a few fees associated with commonwealth bank introductory rate loan. You have to dig a lit further if u want to find the exit fees. So your starting to see that all the majors charge the same fees as the non banks and in some cases more fees. Rate Lock (only available on 1 Year Guaranteed Rate) There is a $750 fee for each Rate L…[Read more]

]]> 7f636fdd91918a5db622516dff4ae399 eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/page/2/#post-4629723 Tue, 17 Aug 2010 07:56:05 +0000 BANKER please stop it. Here is your NAB recommendation. This is just the early exit fees that u keep talking about that only exist with non banks. Well here is your NAB recommended loan and down the bottom this is what it says. Now you tell me is this not similar to the rate busters, mortgage house or any other non bank lloans. Please stop blowing…[Read more]

]]> 7b22cfabae31cad86f8d6869d8bd96ca eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/#post-4629719 Mon, 16 Aug 2010 19:55:48 +0000 Banker you know that the only reason nonn banks stopped lending was because the wholesale lending stopped so they couldnt tap any money to finance and lend to customers and that the only reason the majors gave cheaper rates during the crisis was so they could get more of the market. In other words get them while they are down and then lift rates…[Read more]

]]> 902ae97939f9d8c2d0e4b0195fdd02f2 eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/#post-4629716 Mon, 16 Aug 2010 06:57:28 +0000 And im not sure about MH almost going broke. I know that the ceo was taken to court over some money owing to a former partner but it was all cleared from what i heard.   Banker answer me this. If these non banks or credit unions are so bad then why did most of them get bought out by the majors during this GFC. They wouldnt buy something if it w…[Read more]

]]> e63f0857020a805e92752c5a40d7e124 eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/#post-4629715 Mon, 16 Aug 2010 06:47:46 +0000 why wouldnt the existing customers get the same as the new. all they have to do is refinance. …….Look ive looked over most the lenders rates and fees and i can see alot more non bank and credit unions offering better loans. most majors have higher rates and have some fees involved if u want all the spiks and speks that most non banks and…[Read more]

]]> 80563c4fc0dc10ac06edd4fef5e0f5c4 eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/#post-4629713 Sun, 15 Aug 2010 20:23:00 +0000 LOOOOL i can tell u work for a major bank. We all know that the only reason most of those non bank lenders stuffed up was because of the GFC. If ur talking about exit fees then just look at the major 4, if u want to see higher rates just look at the major 4. All u have to do is have a look at resi, Mortgage house and a few more to see how much…[Read more]

]]> 5066b75c6f8b0437d3470e813994f0c7 eloi replied to the topic CBA net profit of $5.6Billion in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400850-cba-net-profit-of-5-6billion/#post-4629711 Sun, 15 Aug 2010 11:56:34 +0000 well then maybe its good time to go for a non bank lender. They always have better deals

]]> d99e633b9e7947f6f4d903ef42c4cd1b eloi replied to the topic No Housing Bubble in Australia...is there? in the forum Hey everyone. Look anyone https://www.propertyinvesting.com/topic/4400323-no-housing-bubble-in-australia-is-there/page/3/#post-4626601 Sun, 15 Aug 2010 06:25:03 +0000 Hey everyone.Look anyone that says we arent heading for some really tuff times is only kidding themselves. Yes u can still find some bargains out there like catalyst did but they are far and few between. If u can find a bargain with good rent returns then take it, only an idiot wouldnt take it regardless of world conditions. Dont buy it expecting…[Read more]

]]> 5eebcda21225c65db0f94e68bad8b552 eloi replied to the topic No Housing Bubble in Australia...is there? in the forum General Property https://www.propertyinvesting.com/topic/4400323-no-housing-bubble-in-australia-is-there/page/3/#post-4626590 Sat, 14 Aug 2010 05:54:55 +0000 speaking of rental subsidies and grants. What are the rental subsidies and grants on offer in each of the states of australia? Which state offers the better deal for investors? I heard that qld offers up to $10000 a year on subsidies for investments properties. Does anyone know how it actually works.   Thanks

]]> 191790a4b89880adac8a1b6544ef469c eloi replied to the topic This is Must see for iPhone users in the forum Help Needed! https://www.propertyinvesting.com/topic/4400698-this-is-must-see-for-iphone-users/page/2/#post-4628899 Fri, 13 Aug 2010 07:49:55 +0000 is this just an iphone application. I just hate anything apple so was looking to get a samsung or lg smart phone which also has apps but wanted to know if this was available for it as well. I might just have to bite the bullet and get myself a monopolised apple product

]]> 1f78f2e177d2afe5e3b3ec981f4ad77c eloi replied to the topic No Housing Bubble in Australia...is there? in the forum General Property https://www.propertyinvesting.com/topic/4400323-no-housing-bubble-in-australia-is-there/page/3/#post-4626588 Fri, 13 Aug 2010 07:35:18 +0000 hey dwolf. Yeah the reason i didnt buy in 2001 was because i was young and stupid because if i had bought in gold coast back then it would be worth almost 2.5x what i would have paid and the rent would have been more than enough for me to purvhase another one. Not to worry ive learnt alot in the last 10years and i am hoping to begin my property…[Read more]

]]> 367253676a1fefd6a25b3757c899561a eloi replied to the topic No Housing Bubble in Australia...is there? in the forum General Property https://www.propertyinvesting.com/topic/4400323-no-housing-bubble-in-australia-is-there/page/3/#post-4626584 Thu, 12 Aug 2010 20:40:48 +0000 Im currently in the building industry and i can see what is going on in the developers minds. They simply arent building because they arent selling. in 2009 and early 2010 most of the people  buying where foreign investors who would pay anything for a house but now the government has put  laws in place to stop them from over paying and shutting a…[Read more]

]]> 1b630780961330895fb21538ea204770 eloi replied to the topic No Housing Bubble in Australia...is there? in the forum General Property https://www.propertyinvesting.com/topic/4400323-no-housing-bubble-in-australia-is-there/page/3/#post-4626583 Thu, 12 Aug 2010 20:29:16 +0000 LOOOOL what i see here is investors who purchased properties in the last 10 years. The last 10 years have been unprecedented, they will not happen again for another 20 yers or more. The reason for this is because prices of properties compared to peoples earnings are almost double what they should be so people can not afford to buy. Further more if…[Read more]

]]> 6641908888b77e68d28aebb00f320a2c eloi replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! https://www.propertyinvesting.com/topic/4395485-mortgage-broker-commission-and-trailing-fees-rebate/page/5/#post-4599635 Sun, 08 Aug 2010 02:18:05 +0000 Hey Greg Reid. i think your model of a service fee upfront and then a refund on the commission is a really good strategy, this way the client and urself make money and no one losses. the problem is that banks might start to not offer the upfront commission and then the client will suffer but none the less i think your model is really good.

]]> 8b6dca50145a7adfaa15b518701944d4 eloi replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! https://www.propertyinvesting.com/topic/4395485-mortgage-broker-commission-and-trailing-fees-rebate/page/5/#post-4599634 Sun, 08 Aug 2010 02:09:44 +0000 hey mortgage detective if bank ceo's didnt get paid millions of $ in bonuses then they could make the interest loans cheaper nd the borrower would get better deal. Your argument is tottally thoughtless. Without the commissions brokers get there would be no brokers thus there would be no better deal for borrowers. If tradesman didnt get paid for…[Read more]

]]> 52af78c5f4dfa48299f823799c25078a eloi replied to the topic Mortgage broker in the forum also if a bank does take a https://www.propertyinvesting.com/topic/4400673-mortgage-broker-8/page/2/#post-4628717 Sat, 07 Aug 2010 21:25:31 +0000 also if a bank does take a client of you after you did all the hard work can u not sue them due to the fact that u introduced the client and without u they would never get that client. I think a form of compensation would be fair. Looks like the banks are really trying to get rid of brokers maybe its time brokers got together and came up with a…[Read more]

]]> 724671e5b90ee4fd587dac138f71d343 eloi replied to the topic Mortgage broker in the forum Finance https://www.propertyinvesting.com/topic/4400673-mortgage-broker-8/page/2/#post-4628716 Sat, 07 Aug 2010 11:23:49 +0000 Hey hans whats your interests with mortgage house. Why not recruit straight through the mortgage house website why use another site ( brokersite) to recruit it just makes it look suspicious……. just a thought………………anyways so you guys think maybe start part time and get to learn the ropes then go into full time. I know that the…[Read more]

]]> 210e4203870f267249b0707a4eabdc6d eloi replied to the topic Mortgage broker in the forum Finance https://www.propertyinvesting.com/topic/4400673-mortgage-broker-8/page/2/#post-4628711 Thu, 05 Aug 2010 09:08:22 +0000 ok so what im getting here is that the mortgage brokering business isnt a great career to get into right now. Im actually considering starting up with Aussie but it is posts like these that make me think twice. To be honest i think i would love it but at the same time i dont want to get into something that will make me struggle and pay me…[Read more]

]]>