Hey Bruce, in reply to your request ‘trends from other investors’ I think the most significant similarities that were showing up were mainly concerning the individual, and their approach to investing.
Firstly, most of the people I have been in contact with who are successful investors have known from an early point in their investing what they…[Read more]
Not at all trying to make you re-think the purchase, given the capital increase it sounds promising (providing it isn’t highly negative cashflow!). I am trying to open your mind to other finance possibilities.
For example, if you purchased below MV or the property increases in value over a short period you can refinance your deposit out (with a…[Read more]
$ fluctuations seem to be the main issue, however if the $ fluctuates by even 20% wouldn’t you still be better off if you have an interest rate 50% lower? Or if you obtained the finance when the AU$ was at 49c wouldn’t that hedge your risk considerably?
Student Accomodation
At the moment we are still finalising our strategy, but it looks…[Read more]
I realised that the main risk would lie in the exchange rate fluctuating, and I am yet to look into this. Whether this has a + or – long term outlook I do not know. Honestly I have only just thought of the concept and have not had time to research it, that’s why I thought I might throw the idea to the Forum members, see if anyone has…[Read more]
I noticed the Sunny Cove advertisment also, from the last issue of API if I remember correctly. At first glance it looks good, assuming;
a) very low vacancies
b) finance can be obtained below 6.5% (difficult long term)
c) there are depreciation allowances
d) the properties are not over valued (so that you can refinance your deposit out…[Read more]