We have just gone through the process of buying from overseas, it is a bit tricky! We were fortunate to have parents in the game already so they did all the legwork, a spotter would do the same thing…

Regarding the loan, we already had an IP but we needed to refinance with a lo-doc RAMS loan to get the second mortgage which has…[Read more]

We are currently living in the UK also and have been advised by our accountants over here that it is extremely important to make sure that you get registered as a non-resident (tax-wise) of Aus while you are away. My understanding of this is so that you can use the depreciation and “losses” of your IP’s against your taxable income in…[Read more]

Interesting concept. It proves that thinking outside the square works!

I think it is hard to determine that fine line (even with all the research…) between rent being too expensive/ too cheap.

That is great for you.[]

Sorry that was 17.

Jet[]

Kay Henry leaving???? [] What is this news? Is it true? I really enjoy reading everyone’s input and Kay is one of them.

Very interesting reading Prop16…Thanks

Bill – I get all hooked up in the idea of still searching for an IP at the coast, but then I read your comments and advice and it brings me back to earth… Although I did check…[Read more]

Good post Westan!

This is a topic that I have thought about tons lately – what to do! Keeps me awake at night even! It is difficult when markets in different states are running different races and you hear such different reports/ opinions.
We are really keen to get a coast IP – for future use by us also (Sunshine coast QLD) and can’t make up…[Read more]

Its that 10% rule again… (90% of people don’t think for themselves… they just follow others..)So that potentially means that only about 10% of the 10% of people that are investing in property get it. This is technically only 1% of people. Yay.[}]

All the more positive IPs for those who do get it.

Jet[]

Thanks Bill for your advice, it is much appreciated to have someone to learn from. Your opinions are interesting and I hope that everyone recognises your vast experience and knowledge.

Thanks for your insight…very interesting!!

Jet[]

Would really appreciate a copy, very interested in the concept of selling privately!

Thanks, you are great! []

Jet[8D]

Thanks for your concern! Our IP is actually managed by my parents who have several IPs also – they can deal with all the issues of fixing items etc, while we jointly keep in contact with the tenants re other issues. I agree with you about being there is easier, but in dealing with people personally about other issues it is amazing…[Read more]