That’s just really charming, cashking…

alf I am in a similar situation. I decided to sell my apartment on the coast because I felt that it was fully valued and that I could free up the capital and buy some cheaper places elsewhere.

Unlike cashking, I am not waiting for the “bloodletting”. I will just be doing my usual strategy of looking for…[Read more]

westan- yes, it does help- thanks

I have nowhere near the success you have had. I bought a place 8 years ago and didn;t ralise what a bargain it was then. I’m selling it now as I think it’s an excellent time to sell it. I will then have some more cash to negitiate with. I’m 37 now and won’t be able to speculate in the sydney property market…[Read more]

westan, you said:

“one other factor for your consideration is how many properties can you buy that are negatively geared ? the great thing about cash positive is you can accumulate many more, i’ve got about 28 in the past 6 yrs. i’m on less than 50k a year and my wife doesn’t work. i could have purchased one negative geared property that would…[Read more]

You can find mortgage defaulters, but it’s a pretty cruel thing to do. There are so many properties on the market these days that you can find *very* cheap property still without preying on other people’s misery.

You still have to sleep at night. Looking for mortgagee sales is like hoping your neighbour’s business will go broke so you can buy it…[Read more]

just testing