CJS replied to the topic foreclosure deals? in the forum Help Needed! 16 years, 5 months ago
Hayley,Go for it!!. Whether you buy a foreclosure type house or just make some silly offers to people, this year is a good time to buy.When you find "the one" and you think it looks like a great deal, buy yourself a Residex Property explorer or postcode explorer report – this only costs about $100- and it gives information about the property and…[Read more]
CJS replied to the topic SouthEast Queensland in the forum General Property 20 years, 7 months ago
Julia, Please explain exactly what you mean by “salary sacrifice”. In my limited experience only certain types of jobs (say doctors or not for profit organisations) can salary sacrifice. i.e. funding a mortgage payment before tax is taken (not after).
I am able to get a property that is slightly negatively geared to a neutral situation as per your…[Read more]CJS replied to the topic Market Peak in the forum General Property 20 years, 7 months ago
SuperTed, be more specific. Which area are you talking. I know a bit about Brisbane, someone else might know a bit about Melbourne etc. Also define the exact type of property you are asking about. E.G. I don’t think many people would have made money on inner city units in capital cities in the last 6 months. Good Luck.
CJS replied to the topic Caution – Brisbane/Perth markets in the forum General Property 20 years, 7 months ago
HousesOnly has a point. There is no substitute for alot of research. Of course there will be areas in every state that decline in the near term but also areas in every state that will grow. Land on the Queensland coast from Gold Coast to Cairns looks pretty safe to me (within say 2km to waters edge) even if the Brisbane and Gold Coast CBD’s crash.…[Read more]
CJS replied to the topic Caution – Brisbane/Perth markets in the forum General Property 20 years, 7 months ago
Houses only – No offence but Economics Degree Shmeconomics degree. Most people have a degree and it means absolutely squat. A degree (which I also have) is really only a tool to get your first job. Then one starts learning about the real world – and how economics really works.
I think you are definitely wrong about the South East Queensland market…[Read more]