PropertyInvesting.com | Ozza | Activity

Ozza replied to the topic CANBERRA 17th March Property Network Meeting in the forum General Property

Thu, 11 Mar 2010 21:13:55 +0000

Finally, a group in Canberra!Have you got much interest so far?I'll come and I'll try to drag some like-minded friends with me. If you need my contact details, feel free to PM me. Looking forward to it.RegardsOwen

Ozza replied to the topic Was Burying a Home Now a Mistake? in the forum Help Needed!

Thu, 02 Jul 2009 23:38:41 +0000

Mate congratulations on your house, it's a big step!If you're concerned about high interest rates, it's probably a good time to point out that they haven't been this low in many decades. I think you can be fairly sure that it's not going to be that bad in the next ten years if the banks would offer you 9% fixed. If it helps to know, the reason…[Read more]

Ozza replied to the topic family need help in the forum General Property

Tue, 30 Jun 2009 02:01:13 +0000

Ignoring the number of children arguement that plagued this topic. I have a quick question; I recognise the fact they would have had a rather high DSR, but as spudway said the property was "valued at 205k webought it at 110k ..and putting 50k deposit in".If the LVR was only 30%-ish why did they struggle to find finance?

Ozza replied to the topic I need a tenant!!!!! (and/or a new property manager) in the forum Help Needed!

Mon, 29 Jun 2009 23:42:10 +0000

I think this is one of those situations mentioned many times in Steve's books. You've got the same property as everyone else, so you've got to start thinking about what you can offer potential tenants. I.e. If you had it fully furnished or offered a home theatre system or something that makes potential tenants go "That would be an awesome thing to…[Read more]