G’day Luckyone…

I noticed your observation was ignored back about 3 mile ago with all the discussion re TV etc.

Your calculations are accurate… the error was probably a journo trying to do the maths without a calculator.

I think Richmond’s monitoring another forum tonight. If not I didn’t mean you…

Cheers

Bill

Bill O’Mara
Real…[Read more]

G’day Summo…

Increasing the rent??????

The biggest problem is going to be able to find a tenant who is now able to take his/her pick.

Don’t be surprised if you get a request/demand for a rental reduction.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

Thanks Huey… Thanks for nothing!

I was not going to let others on the Forum know that it was your birthday yesterday. I know that you are sensitive about your age but really there is nothing wrong in being 64. Just don’t let it get to you and I won’t let the others know.

I am aware that the Vietnamese are 1 year old at birth, so in Aussie,…[Read more]

Go away Huey..

Those pics from Vietnam are not much different than one’s taken of me today. Well, not much difference anyway. Send me a pic of yourself or better still, can you put one on your reply on the forum and we’ll all see how old you look.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Babs…

You picked up on the “vibes” and good on you.

For many years I have been a Mortgage Consultant and not a broker. I charged my clients a fee greater than commission paid by Banks/lenders and rebated that commission back to the client.

I can assure you that they came out miles in front.Over a ten year period many referrals and…[Read more]

G’day Peter…

No bloodbath as yet.

I’m really not negative on R/E… just realistic.

Given a Bull Market that has lasted 6 years it should be expected that a reduction in prices is bound to occur. Even 10-20% is not as uncommon as some would like to think.

I expect another rise in rates in Dec. maybe even .5% for the Reserve Bank to show that…[Read more]

G’day Malachii…

Well said!

I’m sure that a lot of “newbies” sitting in the background have a lot more Real Estate & Financial expertise than a lot of members on this Forum.

Please put in your “Two Bobs worth”, have your say and contribute to this great Forum. Like me, you may have a few grey hairs… but I bet you have some experiences to…[Read more]

G’day Lisa…

You tell em!

Army, Air force, Navy ???

Sometimes I wish I still had my M16.
And I’m not as old as some of those silly buggers think I am either.
Send me ya email and I’ll give you some 1969 pics.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Shaun…

Taking the past 20 Saturdays, there has been 36 columns on average each Saturday. The lowest was in june with 24 columns…the largest last Saturday at 45 columns….87.5% increase from the low to last week.

Preferably add two Saturdays ie. Sat 1 + Sat 2 = an average of 30 columns. Then add Sat 2 and 3 = an average of 29..1+2 2+3…[Read more]

G’day Akyboy…

I’m saying, that personally, I will not buy Real Estate anywehere in Aussie today.

By 2005 maybe some areas including Canberra could be considered. If you bought a year or more ago Hold. I’m simply saying that it will prove to be profitable ,if you are patient and leave the R/E market alone for now, if you haven’t already…[Read more]

G’day Gracie…

Have you factored in a likely interest rate rise?My thoughts are up .5% next month…nice Xmas present…so 7% app. Even at interest only it’s
$16,000pa + $4000 extra from tenant is $20k pa
$400pw for a regional town is a bit rich.
Another 1% on top of 7% means your tenant is paying $435 pw and all this is only covering your…[Read more]

G’day Tadine…

I had some good advice from a Gold Coast cabbie many years ago…and I quote

“There is plenty of money on the Gold Coast, but they brought it with them from down South…This is where they lose it”

He was an old timer and he was right.

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Huey…

Huey…No1 Sponsor…@10c km = $250 Thaks Huey xxx

Huey… how about you start a new post… in Investments, cause it’s all about Property and People.

World Vision will receipt funds and Tax Deductible…Payment on verification of trip and km covered… in 2004…please don’t forget the Aussie Govt has agreed to back me another $3…[Read more]

G’day LuckyPhil…

The Bank will not make contact with you provided you are meeting your committments. All I was saying was.. that if you are “heavily geared” to the tune of several 100k… and values did come off in the order of 20-25% over time(as they did in ’95)they “may” keep an eye on you.

Banks can call up a loan for many reasons LOC or…[Read more]

G’day Huey…

Let’s see it sell before you give it any credibility.

Courtesy of Shaun Walker…I have stats from The Canb.Times. I will analyse in detail but the Sat. rental columns have grown from 36 on June 7th to 45 on Oct 25th 2003…. an increase of 25%.

I think you’ll be pleased you sold Huey.
The other seems like a “Clayton’s Sale” to…[Read more]

G’day Huey…
I’ll be in Canberra for Xmas.. Like to meet you and family for coffee, chardonay?.

Need a committee to help me with fund raising.
World Vision Australia have given me 2 Projects that the Aussie Govt. will match $3 for each $1 I raise…..HELP

My idea is to get schools/kids in Aussie to sponsor
Would like to raise US$100k. Any help…[Read more]

G’day Keith…

More info please mate. Don’t be lazy. Give us some facts etc and I’ll respond as I’m sure others will as well.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Ackyboy…

Anywhere in Aussie…I will sit it out and buy better around 2005, Canberra included.

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Luckyone..

I very much doubt it. In 1995 many home owners in areas like Banks etc, owed more than the house was worth. The Banks knew this of course. But could you imagine the panic if they had called in loans or looked for Mortgagors to reduce debt?

They simply sat it out. That is not to say, that if you are heavily exposed with a LOC,…[Read more]

G’day Akyboy…

Canberra is a good place to purchase a family home and hold…but don’t expect to buy in the last legs of Bull Run and make a quick profit. The time to have invested in Canberra recently was when nobody else was game to…’94/95.
Family home, you buy when you need to provide long term security for yourself and family.

Are the…[Read more]