There is a fair bit of research into Robert T. Kiyosaki on the net that indicates there is only evidence that he has ever made lots of money from selling his books, and that there is no evidence he has ever made money following his own books methods.http://www.johntreed.com/Kiyosaki.htmlhttp://en.wikipedia.org/wiki/Rich_Dad%2C_Poor_Dad#Criticism

I have been to some done by Ray White, in terms of auctions the same as others except you can watch the other properties go (so a bit of drama and entertainment) and more comfortable (chairs) but as the properties are displayed quickly on wall projectors via powerpoint but of course you should have checked out the properties fully beforehand.A…[Read more]

leverage? but those guys at Opes Prime are offering up to 95% LVR on shares aren't they.. no wait..

Probably based on the same info this graph from Vanguard.. they mark cash on the graph but would be cool if they had an average real estate investment return plotted as well:http://www.vanguard.com.au/Personal_Investors/Tools_and_education/Calculators_and_tools/Volatility_index_chart/What they are trying to say is in the short term shares are…[Read more]

In my opinion:The number can be massively understated OR overstated.. go check out the property and compare with what similar properties in the area have actually sold for (not the silly numbers they stick on the adverts).I just got a place (fingers crossed) for 20% more than the figure on the flier, but I knew that figure was way too low,  I…[Read more]

context: I just signed a contract on a PPOR (unit) and hopefully this time it won't fall in a heap.. I've been watching house/unit prices closly in some parts of Melbourne and although they have definately flattened out and may even ramp down a bit I do not think they will crash. There are too many renters hunting for accomodation, too many people…[Read more]

The forums at http://www.invested.com.au/ are OK, some interesting stuff posted there.

As I'm looking to buy, not sell at the moment (for PPOR) "now is as good a time as any" especially as my rent just went up.

Don't let the real estate agent rush you too much, they are always in a mad rush to sell (read FREAKONOMICS to see why) and playing the "other offer" game…Amazing how short that gap between the Section 32 being available and the offer having to be made is.. despite every other party in the transaction maybe getting weeks on the paperwork..In my…[Read more]

Well it's now months since I first posted this query.. and I have gone with Ratebusters, I found a place and have purchased, now we are in that strange no mans land between paying down the deposit and settlement, let's see what happens.

any other bits of jargon confusing to newbies here? took me a while to twig on PPOR as well.Also:   CF+ (cash flow postive)   WTF .. no, thats something I say after dealing with real estate agents..

just my 2cI have chosen Ratebusters, although I haven't actually purchased a place yet so I don't have much to report except they have been helpful and fine to this stage (to pre-approval). I chose them because certain features of their loans will be useful to me down further down the track, rather than just the interest rates (though that…

On the lines of this topic is it a done thing to make use of loan providers valuer ahead of time to negotiate the price with the seller?

Yeah that was a short, relevant answer to the question from someone with  knowledge in the field, not spam in my opinion (and I spend a lot of time fighting spam!).

look up Robert Kiyosaki in wikipedia and google. There is a lot of well researched debunking of his claims and books.. of course nothing wrong with getting inspired, just that the Kiyosaki way may not be the best path (and there is a lot of evidence Kiyosaki himself never followed it).

If it's on high ground?http://news.google.com/news?um=1&q=singleton%20water%20level

On a related note are there any sites that have maps with average sale price mapped as a colour or shade on them for Melbourne etc?

re: Rich Dad Poor Dad – there is a lot of evidence that Richard Kiyosake pretty much made up most of the stuff in the book, and had minimal financial success until his ventures into writing books on how to get rich.See: http://www.johntreed.com/Kiyosaki.html http://www.thesimpledollar.com/2007/01/26/deconstructing-robert-kiyosaki/…[Read more]

OK, thanks guys for the input! It's starting to get clearer for me now.Looks like the "just simply" overviews of this type of arrangement don't count in the inherent hardlimits in current lending products. I might just apply for splits at certainthreshholds of accumulated equity (maybe every 40K or some other  suitable slice). For  example  the &q…[Read more]