Hey sunshine,
Sorry I can’t help but I know who can, go to the Bunnings or Mitre 10 website, Dulux or Taubmans sites, they have people who can help you get over that small hurdle, its great to hear your giving it a shot.
Good luck!
B

Thanks all for the advise. I’ve taken it on board.

Thanks Comdom & Australia

I had this gut feeling that he was being bias. Your right australia with him going to the lenders who he has more of a friendship with. He kept on about two major banks, but stating that one of them loses application and takes over two weeks, but his wife works for that one so she can follow the progress, the other…[Read more]

Hey beesting, I’m in Adelaide too, not many bargains around the city or outer suburbs. Were actually looking regional now. Do your homework though, you can pick up some good properties well under $100,000.

I have a girlfriend who is actually renting an apartment at the docklands, she stated that there are so many vacant units approx 1/2 of the building, that the owners are reducing the rental price to get tenants in. She absolutely loves where she’s living, don’t get me wrong but, if you thought about investing you may have to reduce you rental…[Read more]

I don’t care how much this bloke knows, 10k is ridiculous. My husband and I thought about this last night. People who hold these seminars did they make it big when the boom started, if yes, how does the boom three years ago, relate to situations now and tomorrow. We just wonder how people can spend so much money and listen to people talk about…[Read more]

Hi all,
Picks for Melbourne around that price range and a good area, I’d be looking at Doncaster, Donvale Camberwell & surrounding suburbs, Eltham, Carlton, Fitzroy, Albert Park. A majority of this houses start from about 400+ but keep a look out theres always that bargain that pops up, for under 400- may need a little renovations, but in the end…[Read more]

Hi all,

I’m just in shock how many people buy properties without looking at them.
ACTandy, get in the car or fly, I don’t know anyone who spends that amount of money without actually looking at the property you know the old touch & feel. No difference to buying a car, boat, caravan and house, you need to check and double check, that’s what doing…[Read more]

Hi all

I’m 37 but look 28, & better looking that Westan(joke).

Have only one IP but going forward to purchase many many more. “I’m excited”

Vilka

If I was in that situation, I’d definitely hop on a plane and go and have alook at the property & neighbours myself. It not that I don’t trust the Agent, it just you need to think about the downside, if your neighbours are going to give you trouble you might find it hard to get a tenant for a long period, also the $ 6,000 worth of…[Read more]

Hi all,
Well I work for a Holden Dealership as a Aftermarket/Customer Service Manager. I’ve dabbled in Selling cars but its just not me. I’m not bored with my job because everyday is something different especially dealing with the public. I do have lots of spare time because as you’d realise my jobs a waiting game. I love this forum, its given…[Read more]

Hi 224013,

I’m the same as arty2003 we purchased 37.5 acres of residential property in Knowsley (can’t be subdivided), 25 min from Bendigo Population 70,000, 10 mins to Heathcote (vic) for $31,500 about 4 years ago, we have just sold the property for $95,000 we were rapt, to give you an idea of how we located this property, we saw in the Weekly…[Read more]

Thanks to you both for your input, I’m just unsure about Elizabeth due to the high crime in the area, I could be wrong, but people have just told me that don’t bother with that area and smithfield plains. I know being an ex Victorian that Bendigo was a brilliant place to invest especially in the lower rental market, which was in high demand about…[Read more]

Just an idea, a friend of mine went through exactly the same as what your going through now. The previous tenants left the vehicle in the driveway, the car (a bomb)interior was full of grass clippings, I mean full, what she did was she got the vehicle towed out of the driveway and put it down the road in a public parking area (a park) and…[Read more]

Richard,

The property in Vic is valued at $ 95,000, postcode 3523, In Adelaide we haven’t found a specific property as yet but looking to pay about $130 to 140,000 most likely be a unit as houses are a bit over our budget at this stage. We do have a car loan also at the moment $ 22,000 that’s why we would like to borrow at least $160,000 car &…[Read more]

None, but hopefully we should have a couple in about a year.

Crash I couldn’t of put it better myself totally agree

I cracked up when I saw your apartment, at least you would have no problems with flooding.
Is it for real, does somebody actually live in it.
All I can say is they definitely got a room with a view
By the way long walk or climb to the toilet

No, why go out and buy it the song follows me everywhere, from the car, to shops even pulling up at the lights the car beside me had it blarring
Sorry, but the song really annoys me, anyway I’m really happy Fiona & Adam won, the rest got a little bitchy for my liking

That’s if you can afford the bargain properties, if interest rates go up a percentage, they stated that the borrowers would feel a pinch worse than when the rate was at 18%, you must have your properties freehold, or very good tenants, do you think of what would happen if you couldn’t rent out you property for months, interest rates have gone up…[Read more]