Ouch Houses. I think people who have a language other than English should be encouraged on here. Sometimes, people love forums like this because it;s a chance to practice their english writing skills. As a person who only has 1 language, I admire those who have more than one.

Houses, I agree with you that people get narky when there are…[Read more]

Connie,

Re Hans Jakobi’s product… I see Hans as more of a “clearing house” as in a person who collects products from other “gurus” and who sells them in a job lot. A lot of the products he sells (other people’s books and his own) come from varied approaches- which is a good thing, in my opinion! But basically, if you’ve read a lot of the books…[Read more]

rusty,

I personally would buy 10 IP’s in one place if I thought it was the “right” place for me. It depends on where it is. I am happy to look all over Australia for properties- and don’t limit that search. But searching is one thing, and purchasing is another. Your question has so many complexities really. Whrever you buy, you’d probably be…[Read more]

awwww [hair2] Yeah, it’s fun to be a [grad] But don’t worry- I’ll be zen about it [goatee] You live another day, Pisces- hehe.

And thanks Rugs (nice to see you back fella), and others

kay henry

glenetti,

You said you weanted a “general agreement” from people- good luck! what you will get is individual’s different ideas.

I don’t see the amount of deposit one puts down as having anything to do with yield. yield – to me- is yearly rental divided by purchase price, then move decimals. Then I can work out why the yield is – for me.

Some…[Read more]

Pisces and wayne

Haaaaaving said what I said, I guess I was considering longer-term financial partnerships (the thought raises nightmares for me)… however, if there were 5 people who had say 50k each and there was some sort of short deal…. and there was a real chance of some kind of significant CG… and the risk wasn’t excruciating… and…[Read more]

Bennett- have you had your questions answered? Please ask further specifics if you wish and I hope you’re not distracted too much by the bickering in this post.

kay henry

UKSaints,

I am not sure it is bad press that is going to change wraps- I think it is the govt making changes to the law.

Whilst the VFA is “regulating” wraps- correct me if I’m wrong here, Pelican, but the VFA could only suggest “guidelines” for its members- not “regulations” right? (I ask this because I am constantly having to work in an…[Read more]

Marisa,

I am hoping to exchange on what I think is a hot property this week ) Negatively geared at 6% yield and maybe not in a hotspot you’re looking for- sydney city I’m hopelessly excited though [hair2]

kay henry

Yep, what I posted was just info from a company. Thought it might be a bit of a break for the author though, while the Mortgage brokers squabbled :+P At least there’s info on what’s provided there.

kay henry

Check out this link:

http://www.mortgageworldaustralia.com.au/no_deposit_home_loans.htm

It says there are 4 100% loan providers, but doesn’t name them. [thumbsdownanim Presumably, Bluestone and Pepper are two of these. Someone else might be able to name them?

Dexter, if you’re still about *poke*, my recommendation would be to get some money…[Read more]

luckyone,

Probably depends on which state you live in. A townhouse in NSW is a two-story place. In nsw, a one-story place like yours would probably be termed a “villa”.

kay henry

Anubis,

Isn’t the point that with CF+, a lot of people are not actively seeking CG: they are seeking CF, and CG is a bonus? That’s the difference between neg gearing and pozz gearing. But if there is no substantial growth for CF+ properties, well, the rental yield will still be there- unless the tenants leave- and why would they unless there’s…[Read more]

yack, I hear ya re a cooling market.

You said:

“So those who have purchased in the last 18 months will soon be looking at negative equity and VERY slow growth and the problems of owning properties – repairs, tenants, cleaning, painting etc, etc.”

depends… I bought a property, August 2003 – bank val says it’s increased by 30%. Property I…[Read more]

ezy… think about it. What Sam has written is virtually an ad anyway. People who are interested in his block of regional units can private message him- what’s the difference?

There’s a no ad for properties policy here. People can message Samwise for his info.

kay henry

dandan,

You could also upgrade the finishes- to say, granite or marble kitchen and vanity (don’t overcapitalise though). Things like downlights might help. Also, in my underground car space, my car has a lockable “car cage”. It doesn’t take up any more room, but it makes me feel safe about my car.

Another thing you can do is furnish the unit.…[Read more]

yes! yack is back [laughing]

kay henry

Yep, Wayne.

Marc, you’ll find it ebbs and flows around here. I asked the same question some months ago. On the good side, a lot of the old regulars have shifted back! [strum] People come, people go, on every forum. And new people sign up every day, so it balances

kay henry

dandan,

a townhouse is a unit- just a tall one. A townhouse is over two floors, a unit is “lowset” or on one level. A townhouse has its own (small) front and back yard or courtyard perhaps, whereas a unit probably just has a common recreational space. Units can go up 20 floors or whatever. Really, you’d be looking at the needs of tenants if it’s…[Read more]

Also, you don’t actually own the land on a townhouse. It’s split up between you all- but because there’s no seperate title, units don;t really have land value as such. Same rules apply though for views and stuff. Depending on how big your townhouse is, dandan, you get “units of entitlement. So they add up all the square metres of space, and then…[Read more]