I got a free copy of Your mortgage mag yesterday at the Expo too (glad you enjoyed the Expo too, Marty!) Seems like it is becoming VERY similar to API mag. I mean, how many times can you just discuss different types of mortgages over and over each month?
Russ, everything’s global with the internet. You can find out pretty much everything about a location on the internet- *much* more than one would have been able to find out ten years ago. I check out Council Plans, population demographics, media on the area, local newspapers, health reports, employment…[Read more]
ghoti- next time, huh? I got there a tad late myself- about 10.30, I think, and sis, mel and rugby were there, and I was wearing my “oh my god- lollies galore!” look that i tend to get on such occasions. I think the fellas still meet up in sydney. I know ziz was keen to meet up too, and to discuss property with folks, but was unable to make it…[Read more]
But isn’t it so Steve, that the discount does not apply at all if you own the property for less time? So that, even if you put the wrap in the person’s name, and that is within less than 12 months, you’ll then be paying 100% CGT?
Thanks Mini- yes, I’m just home., have sore feet, but enjoyed the day a lot :o))
Met up with Melbear, sis, Rugby, TeacherK6, and Chan and Mrs Chan- all very nice people, as I knew they would be ;O) And they all looked just like I thought they would- just like their avatars- hehe.
I really enjoyed wandering around and seeing what properties were…[Read more]
Yeah, that’s the area, Mini. My bro lives in melby and my sis lived there for a decade too, so i’ve spent a lot of time there- in the city, in the eastern suburbs and in the Dandenongs. Some averages for southbank:
Average $413,047
Median $355,000
The apartment is fully-furnished and has a rental guarantee from Quest (the biggest serviced…[Read more]
Seapking of OTP’s, there’s a new 1-bed unit at southbank for 199k advertised on realestate.com.au. That’s pretty cheap for a new 1-bedder, I would have thought. I was reading today that docklands will maintain values far more than southbank. I think southbank has some “social problems” (hoods in cars and fights and stuff occurring when I was in…[Read more]
I bought myself an IP last year for my birthday in August, and one for xmas!! [xmas]
I’d like to do the same this year. Can’t see myself messing around too much now that I’m back into it after a few years absence. My ex told me last year she wanted to buy an IP each year and I thought she was crazy. She bought 3 last year, so obviously, she…[Read more]
A final reminder for the night owls on here, about the Sydney Property Expo on tomorrow!!
We’ll be meeting up at 10.15am at the SMH Stand (M23). The Epo is on at Darling Harbour. All are welcome to spend some time with some forum members and get to put a face to a name. [lmao]
I agree with some of the comments others have made about the possibility of entering the market on an average income. It’s just not possible to do that in many cities of Australia now, and rental return in regionals/towns is *generally* higher than in cities Buying regional is a viable option post-boom.
You need to think about why you’d do a Jenman course. Have oyu read his books? Do you agree with his fundamental philosophies and belief systems? There is basically ONE public place in Australia on the net for the public to get alternative perspectives on the RE industry- and that is Jenman’s site. People will either agree with what he says…[Read more]
sis! It would be great to see you again tomorrow! I know you’ll forgive me for grilling you on here :o) Buy you also know I have to understand things, and so I ask questions. If things don’t seem possible to me, then I have to work out how it could be possible- otherwise confusion gets to me, and I look like this: [wacko] whereas I would rather…[Read more]
No offence taken about school, TAFE and uni, sis I know they’re pretty old-fashioned/conservative in what they teach re economics/finance.
Is thing thing you’re talking about got to do with what you and I discussed one night at the pub? How oyu buy properties and they can each increase by 10% and then you use that 100% (10% X 10 properties) to…[Read more]