its too late now to change asset classes. we are closer to the bottom. ride it out I say

credit card used to fund reno.

its usually paid off when the house sells.

Im confused….is it "its not all doom & gloom" or "we also have rising interest rates and a USA market in trouble which is creating FEAR back here in Australia"personally I think 99% of people have NO CLUE how much trouble the world is in.derivatives are 8x world GDP. This means for every $1 of real money invested, there is another $8 of…[Read more]

lol, he does?

he predicted a 10% fall in prices but the opposite has happened.

geez, thats a pretty grumpy response.lost money today did we?

tell me more about the wagner……..I want one!!!

Mark Grant thats the smartest response in the whole thread.

the problem here L.A is that you think your comments are constructive. They arent. You make sweeping statements that are just not true, not only that, but you cannot back up your own comments with fact yet expect everyone else to. I would define a "smart-arse" as someone who is opinionated and gives the impression they are knowledgeable but in…[Read more]

“If you a buy a standard, well positioned, good quality average family house in an average established suburb, make sure it is properly insured, using a standard P&I, fixed rate or I.O loan, you will never wake up in the morning and find out it is worth zero.”

unless the government has plans for a freeway through your back yard. if you buy a good…[Read more]

why are you cladding the deck?

Im wondering if decking oil is just linseed oil & turps?

bought some decking oil a while ago & it faded within a week. maybe they were more turps than oil?

finance didnt come through in time so took a risk and went unconditional. now its a race to get finance. settlement in 28 days…..no stress  

be happy dude, Ive worked my guts out doing renos over the same period and made a bit more than that. wanna swap?

she has that super-fluher 2 P.A's (wow) are on the case, but Im not sure they have the same kicking power. both have soft sweet voices, I need a big growling bear right now.

0.25% rise

I have a flip opportunity but not sure how it would work.I bought a house few weeks ago for 300k, sunset clause meaning vendor was free to take other offers, but must first allow me 3 days to go unconditional. new offer of 325k came in.can I flip this house to the new buyer? My solicitor has details of new buyer. Im in QLD, how would this work?…[Read more]

wow, sarcasm in another language?thankyou for proving once again how much smarter you are than us.

solicitor says he received new offer yesterday, but cover note says I have till 5pm Thurs. he says its a cunning trick to make me elect a day late. but heres the bad news……mortgage broker suddenly out of contact. ye gods!

Im not in Sydney so Im only going on online gut feel……Sydney as a whole I think is the most undervalued city. There is obviously a tipping point* as you head west and I expect that point to move west as the eastern parts move up in price. geez I hope that made sense. where exactly that point is I dont know. But I think if you buy in the most…[Read more]

actually the comment was directed more towards foundation, who seems fixated on public displays of contempt for me. why? who knows. who cares. forums are often filled with people who are stupid enough to think if they make others look bad it makes them look good.

having said that, I thought Richards comment was inappropriate and implied my broker…[Read more]