Inner city units in Melbourne are not in high demand. Many of their prices have dropped dramatically and there are a lot available. No-one can tell you what growth will actually occur but I would expect there to be no growth or further negative growth on those units.

It is rare to find a residential unit with such long leases and so many options…[Read more]

Originally posted by St Johns Ambience:
…the 106% loan… I’m glad I was able to get one of those back in 97 on fairly low equity.

This makes no sense. The idea behind a 106% loan is that you don’t need any equity.

I do not support these products nor do I put them down. They have their place.

106% is ideally for the high cash flow individual…[Read more]

I will take a guess at Victoria..

http://www.aussielegal.com.au/informationoutline~nocache~1~SubTopicDetailsID~1057.htm

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Sorry, I know it is a serious matter. I use property managers who deal with this. They tell me there is a specified time period before you can serve a properly formatted eviction notice and then a reasonable time period before you can call on the sheriffs to have them removed.

If there is damage etc. once the tenant is out, then you will have to…[Read more]

Is the property in Sydney?

Would you like me to go around there and have a word to him for you?

We can chat about the Godfather movies!!!

))

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

I guess I will just have to wait. I am sure I will find plenty of info about you and your teachings by searching.

I might see you next year.

Good luck with it all.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

The mobile number is 0400 646 647.

You need to replace the 61 with a 0 in Aus.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Originally posted by MichaelYardney:
Do we provide ongoing follow up
Definately– ongoing lifetime follow up by phone and email plus two free seminars a year with private small group meetings afterwards.

Attendees become part of the inner circle.

I knew you would. Good for you! There are too many churn and burn type seminars out there.

Do I…[Read more]

You are certainly correct about this situation not being excluded in the FHOG documentation, but I would be calling the FHOG experts themselves. I have never heard of anyone getting in trouble for doing what you suggested.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Are you implying something Mr Michie??? ))

Not that I would care anyway. I don’t care what people think of me. I like to just post my own views and opinions about things regarding economics. I also like giving them a bit of stick in return.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Hi Pete,

I don’t know why you are asking your question. I never said that a low doc is cheaper than the same loan taken as fully documented. There is a third choice – the same as the full doc loans! There are two lenders who do not have low doc products but do have low doc policies which apply to their standard loans without loading the…[Read more]

I thought you might enjoy having a dig at my apparent economic knowledge handicap. I was wrong!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

I knew you couldn’t resist throwing a link in David.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Did you miss this???

Originally posted by The Mortgage Adviser:
Hey David et ors…

You guys might like to check out the thread:
https://www.propertyinvesting.com/forum/topic/17299.html

I am getting hammered due to my lack of economic knowledge (‘using the word ‘the’ instead of ‘a’) which you guys might like to get involved in. Some of your…[Read more]

They lost the Lebs a while back. Who is the dominant culture now?

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Marrickville is great! They are in the flight paths (which has no real impact due to steep take-offs) so high-rise should be out for a very long time. It is also extremely culturally diverse and close to the city. It is getting better year in and year out.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Originally posted by dmichie:
dmitchie – is that tongue in cheek or are you serious? his position seems quite different to yours that’s all i.e. correction is a long way off (read: never)
I didn’t say I agreed with what he has to say, but I respect Colebatch’s opinion, he is one of the better economic commentators.

I think David is being worn…[Read more]

Hey David et ors…

You guys might like to check out the thread:
https://www.propertyinvesting.com/forum/topic/17299.html

I am getting hammered due to my lack of economic knowledge (‘using the word ‘the’ instead of ‘a’) which you guys might like to get involved in. Some of your opinions would also be interesting (hundreds of links are NOT…[Read more]

Originally posted by APerry:
Rob,

“business and properties” mean exactly that, not just properties. Your post “The Australian Government restricts investment in property. That is the purpose of the Foreign Investment Review Board.” appears to suggest that the FIRB has been set up to govern foreign investment in property only. This is patently…[Read more]

The only problems I have with the structure is risk of declining property values and my obvious capitalising interest concerns. Other than that, if you know what you are doing, it can be a very useful tool.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links