no one?

Thank you, Matt.  The 2 websites you posted are great.  I have been doing some research on buying a property in the US and these websites have a lot of useful info.Other websites I have been searching for properties include: trulia.com, ziprealty.com, zilpy.com and of course realtor.com

Thanks, splade and Xenia, for your replies.  Xenia, I will send you an email.

No reply.  Bump!  Anyone?

I used to check out this forum and was annoyed that I could not see the posts without opening them so I gave up.   But, now I see this enhancement – which is great!  So, I will visit this forum more often.

Oh! this is a very interesting wager. I shall keep a close eye on it for the next 4 years. Good luck, gentlemen!

Thanks, Admin, for your reply. It is good to know that the RESULTS forum will be migrated to a different platform so we don’t have to scroll through posts that we cannot read.

Also, is it possible to hover the mouse over the heading of each post to see what it is about before having to open each one to find out. The somersoft forum has this…[Read more]

Agree. I have lost some interest in the new forum format as well.

I noticed that the technical people of this forum have not replied to your post. Am not sure if these people actually read these posts.

I am in exact situation like you and I agree with your view, sb, on having to scroll down a long way to the other forum topics. It is very annoying for forumites like us who are not members of the RESULTS…[Read more]

I belonged to a professional union (you can call it a white collar union). I had not like the blue collar unions because of their militant attitude. However, having been part of the union movements I can see why the new IR laws are bad and unfair – particularly for blue collar workers. These workers have got no hope of negotiating with their…[Read more]

I have had similar stories to share. We bought an IP 4 years ago and rented it out for $410 a week. After 18 months tenants moved out and we had problems finding tenants as the market was down then (high vacancy rates), so we dropped rent to $390 a week. A few months ago we found out the identical place next door was rented for $440 a week (with…[Read more]

Thanks, Wasp. It would have been a preferred optional feature if it is available – making browsing through the topics a bit faster and more efficient.

Thanks, Gatsby, for your additional comments and affirmed view on Glen Waverley. I checked the net for the train lines in Melbourne, and you are right Glen Waverley is at the end of the line! I will focus on Glen Waverley and be phoning a few agents to get on their books for new listings etc.

Thank you, Trish, so much for your very helpful advice and great comment on Mt Waverley and Glen Waverley. I did notice that there are a lot of real estate agents in Glen Waverley, and very few in Mt Waverley.

I have a few related questions to this topic.

When an ad listed the price as $500k plus. Does this mean the vendor wants minimum $500k and will not accept offers below this? If I make an offer in writing below $500K, is the selling agent obliged to present my offer to the vendor?

A question regarding the offer: Can I stipulate in the written…[Read more]

Thanks for all your replies and some good advices. I’ll know what to do when I find the next lot of properties – particularly now I have secured finance in place. The thing I was most annoyed about was that the agent kept pushing one set of particular properties (been on the market for months) to get me interested and I told her I had no…[Read more]

Just with your comments below:

“The brief answer to this is that when the property becomes net positive cash flow in the future, the trust will then borrow the funds to re-purchase the units from the one who owns them (this person will pay out his loan with the bank).”

I read that in Trust Magic as well and was trying to work out how it would…[Read more]

1. In relation to distribution of income, I can understand that for the purpose of claiming deduction on interest of the loan you must have used that loan for income producing purposes. However, in light of HDT is it still possible to distribute some income to other benefeciaries other than the member who borrows from the bank? Can anyone comment…[Read more]

I went to a free talk by Steve, organised by people in the Sydney Group in the somersoft forum at the beginning of this year (I think) and then attended his course (cost around $170) this month. The contents of the both are the same, but with the course I got copies of the slides and a free financial check / assessment (after the course) with…[Read more]