yep

Some of the banks i believe give you the ability to pay of an extra $10k p/yr.. don’t Quote me though

Believe half of what you hear and none of what you see and you’ll be safe…old drunks tale ![8]

REDWING

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

He get’s an A+ for effort though !!

The $5000 Question though, issssssssss
What ‘did’ you do Steve… you haven’t yet said

REDWING : )

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

[]

Remembering that you have entry and exit fee’s with any quick deals and CGT to contend with,or, if you’re just trying to access your equity… why not speak with your bank/broker and see if you can refinance taking your original loan back up to 80% ??

Just ideas here, i’d contact mortgagehunter or Terryw for a better picture of your…[Read more]

Thayer

Whats your opinion of the investment ??

Take this the right way but rather than search ‘realestate.com’ or such then post deals on the site, asking others on the viability of the deal,do some reasearch on the town, population, proximity to services and larger towns, prospect of getting tenants if the one in place departs ( don’t always…[Read more]

Thayer

If the deal looks good go for it, do the “RESEARCH” though

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

Fibejebe

Doesn’t recovery man get here on the 19th to the 21st ( Monday-Tuesday-wednsday ) ??? Saturdays the 17th ??

I can’t make the Saturday as i’m working..

If you do get together as a group though,on Saturday, Great, be good to get some brainstorming happening over here and i’ll surely be at the next one.. : )

REDWING

“The man that thinks…[Read more]

Hamster,

Had a quick look 4×2’s for sale in Embleton around the $240+ region, that’s established.Not a bad area, close to the “Galleria” shopping centre, golf course and Tomkin Hwy not to far away ( shortish trip to airport or city even )

You could do worse, though, as we said, building new is a slow process at the moment.

I’m in…[Read more]

Snowboarder

So you getcharged interest, just not much, as you pay it off over a few day’s then ?

Reminds me of the story of Diners club points and free trips and some people with cash for vehicles, paid for the vehicle on ‘Diners’ thereby recieving points, then paid the cash they always had for the vehicle into the Diners card account, wiping…[Read more]

Westan

Smaller towns here ( WA ) and the further north you travel the longer the distance between towns. Fly-in-fly-out distressing ‘some’ of the smaller mining towns.

Had a chance to buy some + geared properties but the prospect of the town winding down ‘worried’ me a bit so didn’t go ahead, so…. still looking : ( for something i’m…[Read more]

Originally posted by PurpleKiss:
Well, I’m in the middle of getting our investment properties revalued, finance pre-approval is subject to this and then off to find the next IP (although I’ve been looking anyway). Doesn’t worry me if it happens in 2 days, 2 weeks or two months, so long as it happens this year.

So it means I’m still looking, the…[Read more]

All our loans with NAB, though we didn’t utilise thier card offered to us at a good deal ( due to all 3 loans being brought to them )

Using Westpac/challenge card for ‘all’ living cost’s, paid out in full from LOC ( wages deposited straight into here) loan before any interest incurred. we redeem our points for Myers Vouchers, thereby paying for…[Read more]

Yep..

It’s amazing how some people want part of the profits but none of the risks.

The property was there for the taking for him also, me i’m glad you did well out of it, the agent should be too, if i was him i’d be calling you with the next property on my books, because if you do well so does he, now- he just lost ‘all’ of your…[Read more]

The only problem i can see is the problems i can see… : )

For instance the deal goes sour, facts are not entirely upp to scratch etc.. guess you still have to conduct your due diligence.. : /

REDWING- The cautious

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

CanAm

No problems here also

The more the merrier and it’ll be good to ‘bounce’ ideas off each other. i’m dropping into Margaret Lomas’s new e-destiny office in Joondalup to find out a bit more about thier group on Friday for an appointment..

REDWING

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

Well the government is trying to help us now by pushing for requirements for new immigrants to spend at least 2 years in regional areas []

Regional areas- low growth but good cash flow..

The tenancy issue is a problem, but conduct your research, and i remember people like Minimogul, buy a place, then renovate and increase the chance of having a…[Read more]

Agreeeeeeeeeee….

REDWING

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

mortgage hunter

Just read a bit about “CAPITALISING LOANS”, could this be helpfull or are the ATO getting rid of the practice..?

REDWING

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

Richmond

We were in same situation, eventually turned ‘both’ into IP’s and bought another as PPOR.. his and hers investments : )

REDWING

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

Tedgalee

Start searching sites such as realestate.com , domain etc etc, research areas you start to like.. $90k still ok : )

Make haste slowly…

REDWING

“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

Hamster

As Ausprop said “delays’ are bad here at the moment, probally looking at 12-14 months to get the place built! They had a brick shortage , with the ‘boom’ and all.

Some shocking builders too.. even with a good company, depends what ‘team’ you get building the place.

Do a search on embleton for rents etc see what 4×2’s are getting, you…[Read more]