[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

February 7, 2006 - 12:15 pm

There has been one market leader in the home lending arena doing the similar things, i.e. waive the LMI unofficially and unannouced, for somet time; subjected to special request, and competetive situation. Since Westpac has officially taken the lead. Pretty sure the other major players will follow suit.
Good for the consumers

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

February 6, 2006 - 5:12 am

I am eager to know some answers and commennts for myself as well.

cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

February 6, 2006 - 5:07 am

Hi Michael,
Many thanks for your honest insight and comments about development. They are very invaluable for a novice like me.
By the way, Could you handle a development project in Sydney, in the near future?

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

February 6, 2006 - 4:46 am

Hi Michael,

I live in Sydney. I’ve sent you a personal email regarding the ground work you could do.
thanks for your reply.

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

February 3, 2006 - 2:08 pm

I have a DHA property in WA. All in all I’m quite happy with the result(capital gain) so far. The followings are the points you have to consider if you want to proceed with DHA.
1. your main strategy is buy & hold, and focusing on growth/capital gain.
2. negative-gearing suits your situation.
3. hassle-free property management.

Though the agent comission of a conventional property management is around 7.7 – 9%, if you take all the annual maintenance and repair costs, you’ll end up around 16.5% or higher. that’s my expererience with my other properties.

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

February 1, 2006 - 9:19 am

I don’t think that you could declare the outgoings as well, if the tenants agree to the proposition. Is it not the same with a commercial lease, whereby some of the expenses are paid by the tenants?

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

February 1, 2006 - 9:00 am

Thanks Martin. You help me answering the question from Thomas. Also, very much apprecaited for sending me the book. I finished reading it on the plane to Jakarta last week. It certainly is the very rocket I need to boost my motivation and spirit further.

Cheers,
herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 31, 2006 - 1:50 pm

Try email to
[email protected]
I’ve got a free copy from him recently.
It’s a very good book to me. Very inspirational and a lot of valuable insight.

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 16, 2006 - 12:07 am

It sounds to me, Martin Ayle’s workshop, promoted heavily throughout this forum, will suit your porpuse.

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 7, 2006 - 2:52 am

Nice One Dr X.
We have Dr X and Dr Y in this forum. Do we have Dr Z coming?

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 7, 2006 - 2:31 am

Welcome on board Martin. It’ll be wonderful to see your insight and wisdom shared in this forum.

Thanks,
Herman

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 6, 2006 - 12:28 am

I’s amazed by your determination and plan in property investing. My only suggestion is to keep nurturing your knowledge by reading, or attending seminars, and this forum. And keep saving from what ever income streams you could get hold of. After you can gather a certain amount, at least 10% of a property value, then you could start acquiring your first investment.

I beleive you could get some more opinion form this forum. And good luck with your wise direction.

cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 6, 2006 - 12:11 am

Like buying anything, it’s always proper to shop around, so that you could gain reference and comparison. As Len suggested, talk to several of them, see how good individually thery are. And choose the one you feel comortable and confident with.

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 4, 2006 - 12:51 am

Yes, an experienced & valueable member to consult with from time to time, especially for kiwi market!

Cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

January 3, 2006 - 2:44 am

Many thanks Jaffasoft. Appreciate very much your kindness of sharing the software with us. I’ll play around with it. and give you feedback if there is any.

Cheers

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 31, 2005 - 12:16 am

Realestate.com and domain.com might be a good place to start with, once you know how much your budget is.

I hope this helps.

cheers

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 27, 2005 - 11:59 am

I think the downsides are you could not borrow any more money against the property. Nor could you sell it until the the caveat loan is paid off, and the caveat itself being lifted.

cheers,

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 27, 2005 - 11:50 am

Chris,

You said you put in the vacant possesion being one of the conditions prior to the settlement. How come it’s still been settled with the tenants in it. I think initialy the onus should be to the vendor. what did you solicitor have to say?

cheers.

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 27, 2005 - 9:23 am

Congratulations and good on you. what was the borrowing ratio did you have. Did you manage the property yourself?

cheers

[learnshareMember@learnshareJoin Date: 2003Post Count: 105]

December 26, 2005 - 3:30 am

Apart from the regular 3 monthly inspection by the mangaing agent, an annual pest inspection, and the DHA property, I don’t have any such plan as mentioned. But, any opinion or experience is worth welcoming.

Cheers,