mercedes C class sedan sports pack on a -ve geared novated lease, excellent perfromance, excellent safety, osibidian black, tinted windows looks a million dollars but is actually equivalent to a german commodore but who cares.. wife has a people mover.  I am only 3km to work I should ride a bike but who can be bothered having showwers and all…[Read more]

I know people that do it.  Some professionals advise aginst it as it could be seen as tax avoidance there are afew ATO rulings aout this.  If you were to do it make sure  that the audit trail is as much removed as possible use a property manager have proper leases make sure the rent is market and even have someone you know sign the lease and yo…[Read more]

MCGJ, dont think anyone can tell you which way to go you could always buy the Residex report for Sydney and see what they reckon.  if it was me and i was going to buy outside of SEQ then Adelaide might get my interest.  With respect to the news article its interesting that all the pundits are talking about Roxby Downs being a major driver for Ad…[Read more]

Robyna, keep New Farm the outlook for new farm is very strong and will benefit further from infratstucture delivery listen to what trakka has to say and if you still want to go ahead with gold coast then max out all your investment loans and transfer any surplus funds against your house mortgage to ensure that the maximum amount of investment…[Read more]

KingB, not sure if its an option for you but you can borrow the lot with cross securitisation. 

Unless its a dog I would hold in nth brisbane transaction costs might make it impractical to sell and buy closer in.

Whatever way you look at it investing in oil and gas companies and associates has to be seriously considered.  Sade, good point on Peak Water, its about the water stupid.  Investing in companies that are in the water treatement, pumping, filtration, pipeline and associated facilities also has to be serioulsy considered. Met up with someone in Wa…[Read more]

Tysonboss1 wrote:
Caltex Australia actually made history earlier this year when they had to ship oil all the way from west Africa to sydney because there was no avaiable supply anywhere closer, and to refine it they had to make modifications to the refinery because it was much heavier oil than the light sweet crude we have used in the past.

Or…[Read more]

not to mention the fact that to produce 1 barrel of oil they use the amount of natural gas equal to 6 barrels of oil, it is not a cheap or easy way to get oil.[/quote] This is good more demand for our gas reserves

Don't know what impact high oil prices will have on house prices but Australia will do well in the energy game as there is an abundance of coal and gas reserves that we can compress and sell as LNG.If the price keeps going up then rentboy is right you should invest in it.I also work in the oil and gas industry and its awash with money and…[Read more]

rentboy which company do you work for ?

Nice one chefman thats a good lady you have there probably about 5.5 houses worth. I got rid of some dog investments and have aquired two props this year and am real happy with that.  Company I worked for listed on ASX share price doubled under my nose in 6 months but i didn't do much about it.Got mega bonus and pay rise at work and have been pr…[Read more]

Yes you can get houses that cheap but I wouldn't recomend it.  I bought at the low price level ( not the flip price) and still lost out when I sold.  There are to many crims in the game up there.  If its true I feel for that lady in the story it is very sad to think what she is going through.If you want to buy US I would suggest Florida they ha…[Read more]

My PPR has unintterupted city views and is the highest house on the high side of the street, bank valuation gave me an increase of 25% in 6 months(and they know what I paid for it), so if you can afford to buy views then go for it.  The water bit is a double bonus,  There are proeprties on the northern side of Brisbane that have full water views u…[Read more]

Did you see Kevin shaking hands with the Governor General today he had the upper hand  he he….Kevin definetly fails the eye contact big time….the lady in the photo has the upper hand…Not exactly off topic as you quite often shake hands with those that you do property investing with agents, vendors, buyers, loan officers etc  its one way to…[Read more]

Milly, no worries we will all do well up here in the smart state and I know that Reisdex is definetly not the be all and end all.Kevin Rudd okay he didn't have to look at me althogh he should have but I am concerned about his handshake not expecting a bone crusher either which is worse but a firm one from a leader is to be expected..  Body…[Read more]

Jon, good neutral analysis what it tells me is that Houses or Units its all good…..even better if you can wangle it that you arent putting any money into the deal…if you can do that then houses are better (joke).Hleung I am like you I previously chopped and changed and have now settled on new H&L Packages long term buy & hold get my ca…[Read more]

Forgot to mention that the other reason for investing there and the response to your query was that Residex ae predicting 15% growth pa for next 8 years and I also have a 10 year leaseback on the house once built.  even if theyre half right that works for me.

Milly, no dramas I didn't say that Residex was the only way to go only that I use it as a guide for suburb selection whatever method you use is up to you and it probably stacks up to.  I am interested in future growth not previous so if they were farms 10years ago that doesn't matter to me.  I got my first QLD residex report in 03 and have m…[Read more]

Hey simbaact consider transferring into a trust and getting maximum loan 106% if you can and the interest will be tax deductible and you can use spare cash towards new house to live in.  Depending on state you may have to pay stamp duty on transfer but it can still be worth it in the long term.