Hi Crystal,

You’re right about checking the vendor’s motivation. I was advised yesterday that he only wants to lease it for 6 months while looking for another house. So the cashflow could be the issue, perhaps we can offer $110k?

As for CF+ properties, I have resigned to the fact that they are non existent in Bris, & you know we’re not…[Read more]

Thanks for the insight guys, it is much appreciated.

Will be doing the research you suggested today Anthony.

Cheers [biggrin]

Thanks guys.

Dr X, I saw your article in this month’s API, impressive [exhappy]

Foundation, you sure are subtle [blink] something for me to think about…

You can do both, and you don’t have to decide right away. If you’re doing 4 modules in each semester, you can pay for 2 and leave the others, or whatever is convenient for you. That’s what I did. Now I pay $30 a week to pay off the remainding HECS & I don’t even feel it…

Hehe, I apreciate your honesty Todd!![biggrin]

Hi Rayson,

Have you considered childcare? On your combined income you will get the complulsory 16% deduction from the gov’t & may be entitled to more. So that would cost around $10k a year. I know it’s steep, but it’s better than losing your wife’s $40k income. But that’s my oprion, I’m not a huge fan of staying home with kids!

alotti [rolleyesanim]

I’ve just been advised that it just went under contract. This is what happens when you procrastinate! Anyway, thank you for the insight. Will keep looking [blink]

The weekly repayments are $220. So I will have to make up $40 a week. Maybe I should offer $140k and stick to that. I hope that doesn’t offend the vendor, but they’ve purchased elsewhere so I think they are keen to sell… [cigar]

Hi Crystal (again)[biggrin]

I’d like some details on your investment club, I think I can learn lots from you!

As you know I’m in Brissie, but I visit Newcastle often as my sister lives there.

Please let me know when you have the set up details organised.

Alotti

Thank you for the advice guys, that’s great. Tony, I like your words of wisdom, the yield is only relative to the purchase price, I will remember that!

I’m not a fan of chance, I like to sleep at night so I will stay away from Tassie for the moment.

Karl, it’s funny that you mention the corridor between Brisbane & Gold Coast as I already have 1…[Read more]