pad1 replied to the topic Melbourne Suburbs/Property in the forum General Property 18 years, 6 months ago
agree with last comment
I am a melbournite who has lived in Darwin for the past 18 months. what a great spot to live – lifestyle, much lower density living, beautiful beaches, sunsets, weekends, traffic doesnt exist.
coming back to melbourne briefly in jan and currently scrolling the internet for houses/units to buy. The amount of crap out there…[Read more]pad1 replied to the topic interest only loans – friend or foe? in the forum Finance 19 years, 3 months ago
robert
can you please eloborate on what you mean by gearing up properly
cheers
ben
my heart says that the more equity you own the safer your investment – i guess that is broad statement
benpad1 replied to the topic trusts again in the forum Legal & Accounting 19 years, 3 months ago
thanks steve
I ve since read that the trust not being a legal entity, is correct. I actually as part of anegaotiaion with the vendor rescinded the contract and repurchased after the establishment of the trust – to everyones agreement including the bank.
look farward to meeting you at an 05 seminar which i am soon to book.
Im living in darwin at…[Read more]
pad1 replied to the topic interest only loans – friend or foe? in the forum Finance 19 years, 3 months ago
thank you all for the response
the concept of interest only seemed like a set up for disaster but it shows that we develop fears out of lack of information.
I still dont know which way I will go for the next property but will keep investment only a real possibility – once Im more literate in the area of course.
My short term goal is to purchase…[Read more]