Originally posted by CastleDreamer:
Hi Mini

“could Inala go that way?” It already has.

Sizzling duck g’day
Inala is a huge suburb, two to three times the size of other suburbs near by. Have you had a good look at the northern side of Inala north of the Civic centre? Major urban renewal by contractor on behalf of Housing Commission over past…[Read more]

Probably a question better aimed at help needed forum (for future reference).

My older brother purchased his first house through Devine under the same system. Its great for the first home-buyer that just wants to get out of renting and starting to own their own home, but they make a serious profit on this through the finance methods.

Their…[Read more]

Originally posted by Rags2Riches:
Can you mod the plan and show me what you mean?

the best I can do is to give you the coordinates and what I was suggesting to do.

Remove V37->AO37. This is now an open area (also means the back door isn’t going to be completely cluttered, could raise an issue if the door swings in to where the wall was…[Read more]

Is that wall for the ‘old door/new door’ part a load carrying part of the unit? If not why not open the space up a bit more and take advantage of the large open lounge area?

Take the area you wanted off the kitchen as planned but take a diagonal doorway for the bedroom accross to the top of the sliding robe.

That way the bedroom gains extra…[Read more]

The advantage of Woodridge is that it has a train line right through the middle of it. Very handy for rentals.

Someone suggested Goodna, unfortunately unless you plan to catch a train and don’t mind the hoons and louts on the streets at night then it isn’t a great area to get in. Gailes is slightly better but the traffic from there into Brisbane…[Read more]

Hmmmm, obviously not many people do much cooking. [hmmm]

Its one of the first rooms a person sees when they enter a house or unit, thus it creates the first impression. Reducing its size in my view would take double off what you gain by increasing the bedroom. Since I don’t know the sizes of the other rooms it is hard for me to picture any…[Read more]

CD, many of those areas deserved their raps.

Inala is hardly improving though in the very long term the prices can only go up. Currrently living a stone’s throw away from Inala has shown me it has a long way to go before the completely feral element even starts to leave unfortunately. I do believe it will increase in value just don’t look for any…[Read more]

Well there is plenty of RE for less than 270 in those areas (plenty less than $200 on just a quick search).

Firstly, have these areas gone through a major climb in prices and if not then you would have to wonder why this hasn’t occured. For many years Redcliffe never had a good name, but in recent years it is trying to sell itself. I am not sure…[Read more]

They wouldn’t allow that. Its generally like using one credit card to pay another. There is another thread in another area (possibly in the Held Needed or General sections) discussing Guarantors and parental help.

I would advise that if you are looking to show a deposit on a loan that you get the money via that way with a definite resolution to…[Read more]

You will also find many bargains in Woodridge and Kingston as well. Unfortunately all these areas form part of the less reputable areas on the southside (outer south).

It would depend on where your work is and your mode of transpost as well, those areas are in Logan Council so direct access to the city via public transport isn’t fantastic (Grand…[Read more]

So for DAAJ this is the three P’s for you:

Plan : to get a carton of crown lagers each month for free
Purpose: to drink a carton of crown lagers each month for free
Passion: drinking cartons of crown lagers

Is that right? [satan]

Myself:

Purpose: To subsidise income, no one source totally reliant as I am on current work.
Plan: Still…[Read more]

You qualify for Mortgate Insurance on a very cheap home. The bank in this instance may want you to show a solid history of saving money.

You can borrow up to 95% of a home’s value using Mortgage Insurance which only protects the bank not yourself. Some institutions accept FHOG as part of the deposit, do go into a situation like that aware…[Read more]

Just speaking to my mother and funnily enough this topic basically came up. [blink]

One of my aunties went into a retirement village where the owners had to occupy the residence themselves, demand far outweighs supply and the value of the ones purchased a couple of years ago have gone up a great deal (20-30% in two years I think). Of course it…[Read more]

Just because it is expected that the little cheap country places will not have much CG does not mean that in the greater future those same blocks don’t go on a price surge, and for most of the time they have been giving you money back.

I think the issue with the +ve is that you really never have to sell them to make money on them. Also with…[Read more]

Years ago there was something about guarantors being still liable on loans for a person even after that particular loan was paid off.

I.E. they were guarantors for life even though they thought they were only guarantors for the life of that particular loan, not sure exactly how it worked. The cases of this actually happening were very small but…[Read more]

Either that was a joke post or you have gotten the wrong idea (or firmly believe that only the US will get something out of it).

Either way I gather from your answer it would be a No.

If you are worried about housing prices for the next 12-18 months then look at areas that will be dynamic for the that period. Brisbane looks like it will be on the up and up during this period and from all reports so will Darwin. Adelaide, despite recent growth in the long-term does not look so good.

It would depend on if you are looking to make…[Read more]

some lenders will lend up to 95%, you can of course exceed the 80% of your current lender with some kind of insurance whether that be mortgage insurance or some kind of investment insurance for the lender…. I am only knowledgable about mortgages really.

Being a little dubious of LOC myself I generally have stuck to a offset account. Of course if I were to enter the property investing market right now I would probably take a LOC out instead.

http://www.yourmortgage.com.au/rates/

You can search by state and type of loan you want on this site. It is fairly well maintained. They also have a…[Read more]

I am sure there are a multitude of sharks about in every state. The issue itself was commonly utilising the Gold Coast rather than Queensland as a whole. Its well known and people are quie uninformed about it as a whole.

Of course the duplicity of a couple major banks through all this is what really tricked people into going into all this to…[Read more]