PropertyInvesting.com | FirebladeRR | Activity https://www.propertyinvesting.com/members/firebladerr/activity/ Activity feed for FirebladeRR. Mon, 13 Apr 2026 03:36:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f06782aa6fb5e5da16f65ada201d3234 FirebladeRR replied to the topic Brisbane booming? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389356-brisbane-booming/#post-4566620 Sun, 22 Apr 2007 07:09:47 +0000 Thanks Martin,Your experiance confirms what I've heard.  I have also read that this level of interest is most pronounced at the $300k price point, and things calm down a bit as the price rises.  Chermside is a bit more expensive than Ipswich so maybe the buying won't be as frantic.  But I guess the days of the buyers market are dis…[Read more]

]]> 519b653497452c2e4f8b45640a167e98 FirebladeRR replied to the topic Buy land or house/unit? in the forum General Property https://www.propertyinvesting.com/topic/4389346-buy-land-or-houseunit/#post-4566573 Sun, 22 Apr 2007 02:27:46 +0000 Hi there,Regarding the new v's old, imagine that you are buying a car.  Is it better to buy a new car, or an old car.We could use my car as an example.  When new, it cost $50,000.  It is a 1998 model HSV Commodore.  I am now selling it, and would like to get $15,000 for it.  So over time its value has dropped from $35,000.  But this didn't happe…[Read more]

]]> 7c9315d41c1568dda4ca286c4e73e94a FirebladeRR replied to the topic CF+ and getting finance for further properties in the forum Finance https://www.propertyinvesting.com/topic/4389355-cf-and-getting-finance-for-further-properties/#post-4566615 Sun, 22 Apr 2007 01:54:42 +0000 Hi Tia,I am not an expert in this field, but I can my recent experiance.My bank allowed me to use the rent (reduced by a vacancy factor).  Then for the servicability test, they deducted a fixed percentage of my gross income for taxes and living expenses.  Then the remainder had to be able cover the repayments at an inerest rate 2% higher than t…[Read more]

]]> e96601267e324a9b6afa683975b6d547 FirebladeRR replied to the topic Property Reports in the forum General Property https://www.propertyinvesting.com/topic/4389357-property-reports/#post-4566626 Sun, 22 Apr 2007 01:33:29 +0000 Hi JimmyD,I would be interested in some of those reports, as well as the Midwood report, but first, is such a thing ethical.  Is there a copywrite that would prevent us form sharing them around?Anyone know anything about this?CheersAdrian

]]> bb6fe15c63f0f5fbf68ae4926d959f84 FirebladeRR replied to the topic Reno: Hold and rent, or sell ? in the forum Value Adding https://www.propertyinvesting.com/topic/4389354-reno-hold-and-rent-or-sell/#post-4566605 Sun, 22 Apr 2007 01:28:32 +0000 Hi there,Although I haven't been in your position, I can offer my opinion.I am a believer of the buy and hold strategy.  If you buy the best located property you can afford, and hold it long enough (though more than 3 years you outlined) it will become cf+.  You said that the outgoings are $16K.  At a yield of 3% (the best locations have low yi…[Read more]

]]> cba470acbfda82ca40e99aec3422750c FirebladeRR replied to the topic Can Investment Prop Equity be used for own home? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388311-can-investment-prop-equity-be-used-for-own-home/#post-4561570 Sun, 04 Feb 2007 08:16:06 +0000 Hi,

I agree with Richard, the ATO will look at the purpose of the loan.

Unfortunately a lot of people end up in this scenario because they pay of their home loan for many years, then borrow to buy a new home and rent out the existing home. Hence the investment property has had the loan payed down and the new property has quite a substantial…[Read more]

]]> 97af712e093d7eebc4be64cb35520903 FirebladeRR replied to the topic Median realestate prices in the forum Help Needed! https://www.propertyinvesting.com/topic/4388314-median-realestate-prices/#post-4561575 Sun, 04 Feb 2007 07:57:03 +0000 There are several sources and the numbers proclaimed by each can vary a little. I use Australian Property Monitors. Their website is http://www.apm.com.au Residex, state REI and others also track median house prices.

]]> 2ac4b3386cd87dc2e1fe868a692c012b FirebladeRR replied to the topic IP offer excepted What next ??? in the forum No Subject https://www.propertyinvesting.com/topic/4388312-ip-offer-excepted-what-next/#post-4561574 Sun, 04 Feb 2007 07:50:32 +0000 Hi,

Your real estate agent will generally guide you through the process if your unsure. But regarding the deposit and settlement, the deposit and settlement dates are part of the contract. You don’t need approval from the bank to pay the deposit. You don’t even need a deposit, but you offer a token deposit to show the vendor you are serious.…[Read more]

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