Hi Mini,
Well it seems that the growth that has been achieved has been quite good for a rural area and that is great. I am only to happy when other make money cause i rekon that there is enough out there for all of us and then some!
Well i have been purchasing properties that are basically neutral geared ie cost me $0.Maybe only the shortfall for…[Read more]

Hi Ronulas,
I have to ask if you have had any capital growth in the last 10 years on your 1st property? If not then i will let you in on a secret….you should have spent a little more and bought in a good location and i dare say that in the last 10 years many properties will have almost tripled (or trebbled??)in price!
I certainly hope that your…[Read more]

Well here is my 2 cents,
I am 25 and i have a few mates around my age and my brother is 17 and he has mates of that ageand here is what i and he have noticed
That even though i have 2 IP’s and a PPOR that i still seem to be able to go out as often as most of my mates however i do drive the oldest car out of all my mates.They seem to need to have…[Read more]

Hi Roo,
Well i must say that this sounds like a good deal as i have my trade in carpentry and am working for a building company at the moment till i can pull the pin and work for myself on my own projects.
Just one question…..will you pay for my flights and accomodation to fly me to where you are thinking or doing this work……oh how i hope…[Read more]

Hi There Snowy,
well i have to say that you really didn’t sell me on the town and if the rents start to decrease then i will bet my last dollar that values will follow. Pull out now and sow the money into a more fertile field.
But always look at the positive- you will never make that mistake again and it didn’t even cost you money so all is…[Read more]

Well,
I must say that i have been there a few times in the last few weeks and as some of you have said these areas are sort of “low socio economic” however i see this as a window of opportunity as i cannot begin to imagine that these suburbs are going to stay that way when you have $1m properties for sale close by. Looking at sydney then i suppose…[Read more]

Hey Bluecat,
It sounds like you are looking at this area as well. Just going to pick your brains as i have a few suburbs that i have been concentrating on and these are Tighes Hill,Wickham, Mayfield,Islington,Carrington. What are your thoughts on these suburbs for houses that are still a little undervalued?? [8D]
Prices have gone up considerably…[Read more]

So,
Do you guys believe that it is riding along on its own merit of is it just surfing sydneys wave?
From my experience the city seems to always be busy and self supporting as Mortgage hunter stated the beaches are the up there with the best of em.
I think that it will always be a desirable place to visit or live and the only thing is that i…[Read more]

Sounds good book me in for one
bmakaroff(at)cordukes.com.au

Yeah that sounds good but what is your email??

Hi Chris,
I am in a very similar position to yourself at the moment and have been pondering just what to do to try and make things easier however at this stage i have not had any real problems servicing the loans and still have money left aside.
For this reason i have decided to keep all my neg geared properties and use the equity that i have to…[Read more]

Hey chooky,
I dont know about you but i needed oxygen after trying to read that one. I think that maybe he was excited!!

Thans All,
Well i think by the sound of it that i will be better off just leaving things run as they are for the moment and i will only refinance if down the track money gets tight.
Tax man has me by the short and curleys![]

Hi there,
I think that what you may wish to do is to relook at how the figures stack up with the capital gain tht has occured and you may find that is is in quite a good financial position due to the $50000 increase. If not then it certainly was negatively geared highly.
Have the rents increased with this price increase??
If it still is in bad…[Read more]