Well done Mini []

Keep it up!

Regards Bear

oh ok, thanks for that Mel[]

Hi summo

I have invited some new comers from Steves Seminar. There were 2 lovley ladies from Burnside that i was meant to ring when i got home also about the details but i appear to have lost their number. If you remember who you are can u please ring me on 0407 607 890.

Thanks

Regards Bear

I have tried this with a few agents to no avail. Freinds of mine that are agents have said its highly unusual coz in the past the renovators have found termites etc, and the buyer then backs out. Agents tend to say its an insurnace issue but i dont beleive this to be the case.

Regards Bear

quote:

---

Just go for Dale GG
http://www.gatherumgoss.com.au

Terryw
Discover Home Loans
North Sydney
[email protected]

---

Terryw , are u sure that link is correct? Its not working my end[]

Regards Bear

Hi Rugbyfan

You are in a similar position to myself but you have access to alot more cash then myself. Yes it is harder to find a +ve property if u have to borrow the full amount including costs but once you find them it will be easier to find. I have found many but on the side of caution only purchased the one at this stage.

Regards Bear

quote:

---

Excuse my ignorance but does everyone who is on these boards and have purchased positive cash flow property either:

1. find property with 20% yields or better
2. Have no mortage on their PPoR
3. Have a lazy $5,000 – $20,000 lying around to use as a deposit.

If 1, then lucky them, I will have to look harder. If 2, then good on them, we will be there soon (Feb I hope) and if 3 then I have to envy them very much!!!

---

My observations when the interest rates rose to 18% the higher priced properties dropped significantly while the lower price properties actually rose a little. My belief is that people were forced to sell and buy in cheaper areas.

Regards Bear

quote:

---

Essentially I agree that a rise in interest rates could see the booming property market plateau. I have seen Hobart properties double in value in 2 years. 1 year on, prices have risen continued to rise another 50%.

As for the value of property value declining, my opinion is that prices may reduce a small amount, however, I don’t believe that we will see significant reductions in price as new property owners will see the value of there property at a similar level to when they originally purchased, and won’t tolerate an enormous loss. When the market reverts to a buyers market once again, the source of the property bargains will come from the vendors who need to sell a property quickly.

For those selling the property value should be reasonably stable, however the time to sell a property will increase. Don’t let RE agents bully you into reducing the price to offload the property quickly. It’s your decision, not theirs. Make the RE agents do the work they are no longer accustomed to.

Cheers
Marcus

---

quote:

---

That’s what I thought.

There’s actually one in Tasmania. You’ll see from that link posted, that the RE agent is from there too which makes perfect sense []

---

There are no Real Estate agents in Queenstown, there are also no property managers at the present moment working the Queenstown area so if you are going to invest there do your homework. The agent in that link is in Launceston.

Regards Bear

Mccollins.

I believe more is achieved if one teaches a hungry person to fish, rather then give them a fish. that way they have food for ever , not just one feed!

Warmest regards Bear

quote:

---

Give us a clue Bear[][][]

---

Well Rugby lets just say Tassie has some greeat spots to visit []

However after going to Steves Seminar and talking to many people I beleive they are every where if we go out physically looking for them []

Regards Bear