PropertyInvesting.com | sweeper2009 | Activity https://www.propertyinvesting.com/members/sweeper2009/activity/ Activity feed for sweeper2009. Thu, 16 Apr 2026 02:45:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f92fe0cbfe809d9937611228071046a5 sweeper2009 replied to the topic Residential property shortage ??? in the forum General Property https://www.propertyinvesting.com/topic/4396652-residential-property-shortage/#post-4606147 Sun, 12 Jul 2009 10:22:04 +0000 If residential property is truly in shortage as they want you to believe then one would expect to see a spike in the number of homeless family waiting for available housing. But my observation tell me otherwise. I personally have not seen a homeless family. Maybe there is a shortage of property …. by all those wanting to own 10+ properties, the…[Read more]

]]> 2b8b37e95bb10770cf8bbd7d6fad073e sweeper2009 replied to the topic First loan Help in the forum Finance https://www.propertyinvesting.com/topic/4396666-first-loan-help/#post-4606234 Sat, 11 Jul 2009 04:10:58 +0000 Good advice, Michael.

]]> ce5bb80becc519d45ed9f49b028045f2 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/3/#post-4604721 Fri, 12 Jun 2009 04:38:58 +0000 propertunity wrote:

Rhys_Roberts wrote:
… he must be an expert Australia wide…

Well kinda. I buy in Melbourne for myself and a couple of close friends. I have a couple of relos there and visit quite often. I keep my finger in the pie, so to speak.

well just because one is a car salesman and own a few cars doesn't make one an expert in car :)

]]> c9ecdaaf1a61bebb6aac57adc988d10b sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/3/#post-4604720 Fri, 12 Jun 2009 04:24:47 +0000 one should be wary and take the story from the link above – "http://www.jenman.com.au/news_story.php?id=89" – very serious. this is just 1 of the many nightmare when dealing with a wrong Buyer Agent – no offense to anybody here.jenman is also critical of Buyer Agent's fee structure, they want you to pay a premium fee based on the value of your…[Read more]

]]> ffd96a5181d79d2aaaea4a30e758d878 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum propertunity wrote: That's https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604704 Sat, 06 Jun 2009 10:14:25 +0000 propertunity wrote:
That's just silly. Nobody (or very few) get rich by buying one house. The ones that I know of that did – lucked out. The town grew up and out to be around them and their little 5 acre farm became prime residential land suitable for sub-division. So they became 'overnight' millionaires in 10 years. Very few people engage in…[Read more]

]]> 5c1622ad20c027b07d57ae270746f1ce sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604702 Sat, 06 Jun 2009 06:08:15 +0000 thats a pretty good spruiking mentality.maybe you should direct your answer at the OP by giving "realistic" and explain the real pitfall  by following your 'idea' and maybe we could all be benefited. don't worry about the + we already know, price double every 7 years-you're mega rich.

]]> 0362d5f55e3c039a7655f23ddb8ce9f8 sweeper2009 replied to the topic API magazine - property market indicators in the forum General Property https://www.propertyinvesting.com/topic/4396391-api-magazine-property-market-indicators/#post-4604804 Fri, 05 Jun 2009 14:59:00 +0000 SNM, that explains why major banks has increased their LVR to 80% to protect their own ass from the coming down turn. i think they also see it coming.

]]> 91278ed4887fc875d137039845642fd0 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604700 Fri, 05 Jun 2009 14:47:11 +0000 don't worry, propertnity, i don' think any1 here would take you seriously enough to hold accountable for your advice or recommendation since you aren't qualified for it anyway. beside you admitted you're bias

]]> 33b2b0a0ada2cedf96f04c8e0d2b24e3 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum GOM, i don't debate how https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604697 Fri, 05 Jun 2009 10:10:08 +0000 GOM, i don't debate how anybody makes their living and its none of my business but as a licensed BA i'd expect a level of diligent -not just about commission-and that was why i questioned propertunitys recommendations and his reasoning, as i found it too unrealistic, and hopefully Kris will be benefitted from this info and can decide for…[Read more]

]]> e0e8be611ac16f4944e9e2b984a6d373 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604696 Fri, 05 Jun 2009 09:11:25 +0000 well any observer can see  you're gaining by posting in here. its a cheap advertising method; spruiking just about  every post , each post has your website link presuming it's the same as the name of your company and your position. a great place for spruik and fishing beginner investors.unlike you i got nothing to sell or advertise or f…[Read more]

]]> 54154e3e1823ea1ffbfdd3d276d277ca sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604693 Fri, 05 Jun 2009 07:48:39 +0000 propertunity wrote:

sweeper2009 wrote:
with due respect, you sound exactly like a spruiker!

and with all due respect you sound like someone who does not own any property and is hoping that the market will crash so you can buy some – but the market won't play ball.and what's worse, you are happy to try to convince others not to buy to help you…[Read more]

]]> ee3b8b4a710d1f2605cde5932ac7a1e3 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum with due respect, you sound https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604691 Fri, 05 Jun 2009 07:01:40 +0000 with due respect, you sound exactly like a spruiker!

]]> 848905852c92708c213f9c85d5f1461c sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/page/2/#post-4604689 Fri, 05 Jun 2009 06:33:16 +0000 according to propertunity:you BUY even there are 30% of FHB in the market competing against the 70% "normal investors" although it is best to wait a little longer for the demand to fall. btw statistic are coming from an anonymous source. you BUY because spruikers said that property price double every 7 yearsyou BUY because the above are relevant…[Read more]

]]> 08d9be4e3b4b2c8f4091fe71fca03a71 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/#post-4604687 Fri, 05 Jun 2009 05:18:47 +0000 please do not hold it personal. there is nothing better than a honest opinion

propertunity wrote:
No. What I said was the frenzy had "died down a bit". If you are of the view that the ONLY thing holding up prices in the lower end is the FHBG/B then Yes – hold off. But FHBs only represent up to 27% of the buyers in the market (in a frenzy) and…[Read more]

]]> bd6980839a47ddc279fc21749017ec42 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/#post-4604685 Fri, 05 Jun 2009 02:46:47 +0000 propertunity,i respect your opinion but i have to disagree with you.Kris asked if this is a good time to buy or wait until the FHBG boost over, since you acknowledged the frenzy is still there, considering she isn't gona get the FHBG, wouldn't it be wiser to buy after the FHBG  expired and demand down?your point "I don't see the price of a $350K…[Read more]

]]> fb37b846afa9a3a7adaa81643777cd79 sweeper2009 replied to the topic Westpac tighten Policy for investors - AGAIN in the forum Finance https://www.propertyinvesting.com/topic/4396394-westpac-tighten-policy-for-investors-again/#post-4604817 Fri, 05 Jun 2009 02:00:09 +0000 maybe they see something big is coming and don't want to over expose on property.

]]> 0362be75ed4fca43de4c5e2fe6637e14 sweeper2009 replied to the topic Sydney - which suburb to invest in ? in the forum Creative Investing https://www.propertyinvesting.com/topic/4396377-sydney-which-suburb-to-invest-in/#post-4604762 Thu, 04 Jun 2009 08:09:20 +0000 Qlds007 wrote:
I hope you mean Invest rather than Incest.

i freak out when i saw that 1. lol

]]> 6b8bf20fbd6980a997900b56be2de42a sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/#post-4604683 Thu, 04 Jun 2009 06:40:27 +0000 propertunity wrote:
We are in a GFC – yes agreed. I don't know what a "CREDIT recession" is – but we are likely heading into a recession – yes. Even though we are not "technically" in a recession yet. BTW, banks are not running out of money, they are just getting fussy about who they lend it out to. At the end of the day, the banks make profits…[Read more]

]]> 6b63627b817a424e0404c7e207ed675b sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/#post-4604679 Thu, 04 Jun 2009 03:49:36 +0000 propertunity wrote:
That was only a 0.25% cut but if you re-call the previous cut, you will also remember the political pressure put on the banks by Wayne Swan and others at the time. That pressure led to the big 4 passing on all of that particular rate cut despite saying they did not want to / could not afford to.

does anybody remember what…[Read more]

]]> ebd86334b8b0ac3c4d5d9d2c2e1f9250 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/#post-4604677 Wed, 03 Jun 2009 13:57:06 +0000 propertunity wrote:
The banks might be independant from the RBA but they are operating in an environment where the Govt guarantees their business. Banks also cop political pressure for not passing on rate cuts. So this particular current environment is a bit different from 'normal'.

Gov will guarantee banks to stabilize the economy, not to gain…[Read more]

]]> 2fad1ee5ada28a1376cca5c16e6b43e2 sweeper2009 replied to the topic Whats happening/going to happen to the Melbourne market?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396363-whats-happeninggoing-to-happen-to-the-melbourne-market/#post-4604675 Wed, 03 Jun 2009 11:38:56 +0000 so accordingly propertunity;Interest Rate is low and will have further cuts so all good and great here. nevermind where banks got their fund from and nevermind they're independant from RBA and they set their own interest rate if they see it fitCredit getting tighter is also fantastic because some investors see this as a good thing. forget about …[Read more]

]]> c2a76e3e3701e98ca9a125a097050286 sweeper2009 replied to the topic Investing in Car Parks in the forum General Property https://www.propertyinvesting.com/topic/4396356-investing-in-car-parks/#post-4604663 Wed, 03 Jun 2009 10:46:11 +0000 hi all, what are the costs associates with this type of investment?

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