dmichie, READ IT…. I am referring to the majority of people WHO ACTUALLY CARE!!!!

In response to your comment about those renting, the percentage of first home buyers and investors is also much less than what I offered.

Open your other eye and you will see why any sort of crash is not good for the ‘majority’. Only a few will benefit. Do you…[Read more]

Money is always better in your own pocket than someone elses. I always pay the least deposit possible. You can always earn a few hundred or a few thousand dollars before settlement with money you would otherwise pay as a deposit.

The Mortgage Adviser
http://www.themortgageadviser.com.au

Essential Links

dmichie, I wish you would actually read things before trying to make a point.

If 70% don’t care and 10% want the crash you dream of, that leaves 20% who don’t want it. Take away the 70% who would not be counted in those who care either way and that leaves a poll of 30% of the population. As 20% is more than 10%, that makes it a majority. I can’t…[Read more]

Terry, I agree with your most recent comments.

Jeff, obviously you just try to torment people. Anyway, come back to me when you include the compounding effect of the interest on the interest and do a few more years to see the turn-around.

The Mortgage Adviser
http://www.themortgageadviser.com.au

Essential Links

In addition to my last post, Mortgage Down is just an internet marketing site that derives income from website traffic click throughs. Try calling one of their ‘analysts’ or requesting some the ‘anecdotal’ evidence they suggest supports their information. This article has no weight, the company has no actual address, telephone number or offers no…[Read more]

This article is another example of one-eyed propaganda. It is so off the rails that it I did not consider it worthy of a response until ‘baloo’s’ comment that he cared.

3 out of 5 groups either don’t care or actively want one. This comment skews this article so it borders on the ridiculous. Also, throwing insults at those that made mistakes or…[Read more]

Hey Collie,

Is scotty3 a propert buyer’s agent or just a ‘bird dog’?

Were you provided with a report regarding the property and surrounding area?

How much did it cost you and what was the price of the property you bought?

The Mortgage Adviser
http://www.themortgageadviser.com.au

Essential Links

1. You don’t need a ‘boom’ to make money in property. It does help though.

2. You don’t need masses of money to pour into funds. You need more to pour into property.

3. The dividends increase your cash flow. If you do not gear (borrow), there is nothing to pay off.

4. If the property is not growing in value, it will take a long time to build…[Read more]

There is a development section on this forum for this type of stuff. There are some geniuses over there that seem more than happy to help newbies. I personally find developing to be too difficult for my own purposes.

The Mortgage Adviser
http://www.themortgageadviser.com.au

Essential Links

There is also the possibility of mixed use development – ie: some shops downstairs and residences upstairs. I like Commercial or Mixed Use zonings smack bang in the middle of a residential area. Every area needs a shop!

I bought one in part of Geraldton WA and I was looking forward to the area developing further. I would then be the guy that puts…[Read more]

I would not buy a property for the sake of buying a property. There is not point. It needs to help you grow your portfolio. You would make more money in a managed index fund or property trust.

The above aside, as for the possibility that capital gains may not occur, I would not worry about this if it is a positive cashflow property. People invest…[Read more]

WHO CARES!!!

The Mortgage Adviser
http://www.themortgageadviser.com.au

Essential Links

I corrected my previous post due to the typo. Sorry about that.

Originally posted by Ibuycashflow:
Your query that if growth was 5% and funding 7% then you would eventually run out of money. As I stated earlier $1.0m would take you 14 years based on those rates. I however read the example you referred to as 10% growth on a $2.0m portfolio giving…[Read more]

I just thought I would let you all know that the First Home Buyer website has been totally revamped. It should have new additions over coming weeks. I hope it will serve you all better…

http://www.fhog.info

Enjoy!

The Mortgage Adviser
http://www.themortgageadviser.com.au

Would never happen if I was debating!!!

The Mortgage Adviser
http://www.themortgageadviser.com.au

I would think a Commercial zoning would provide you with a lot more opportunities regarding tenants and/or future development.

The Mortgage Adviser
http://www.themortgageadviser.com.au

Originally posted by Michael4:
don’t bet on mortgage advisor to find the wealth for you. You greatest asset is the information in your head and the age of your information.

[biggrin]

HEY!!!

I do very well for my clients thank you very much!!!

The Mortgage Adviser
http://www.themortgageadviser.com.au

Many will also go on greater than 6 months between contract date and settlement date at the standard rates. Don’t forget advantageous purchases where this is also common.

The Mortgage Adviser
http://www.themortgageadviser.com.au

Originally posted by goingup:
To Dimiche and MortgageAdviser,

im just a newbie and im a young one at that but even i can see that your both being pretty immature. Neither of you are posting information that is paticularly helpful or interesting. All your doing is arguing fo its own sake. Get over it already.

Hi goingup,

Thanks for your…[Read more]

I just wish those supporting this ‘strategy’ actually took the time to ANSWER the many questions put to them regarding this. They seem to ignore the questions they cannot answer.

The Mortgage Adviser
http://www.themortgageadviser.com.au