Forum Replies Created
BUY MXL 0.04
I ONLY HAVE 1 CC SO I CANT JOIN IN THIS GAME!!
Congratulations Xenia. You should post a photo.
Hope all is well..I work in the mines and im getting ahead!!!!!!
Don’t sell. Just refinance. I’m personally leaning towards the notion of capital growth not cash flow. If you have 150k equity in your PPoR, the bank will lend you over 115k as a line of credit. I would use 70 – 80k on a deposit and use the remainder of the funds available making up the short falls in the rent for the next 3 to 5 years (or until the rent is covering the mortgage payments). If you go interest only, its all tax deductible.
Hope this helps…Xenia,
Looking at the link, i wouldn't think so.ledd wrote:Some interesting books suggested. Like a previous post stated, you have to take the good parts and leave the rest.Did she return with a slab a beer when she was sent to buy your book?
Just one job at a time! I sent her out again when she returned for that!Only jokes!.
ddHi All,
Just finished M. Yardneys book tilted “Grow your million dollar portfolio in your spare time”, and found it one of the most informative and easy to read books I have read on P.Investing. As a novice Property investor whose read a number of investing books I found Michaels by far the best. Half way through the book I sent the wife to the book shop to purchase his second book, and am looking forward to starting it.
Self Managed Super Fund
Im positive all the Perth buyers are just waiting untill i put my house on the market latter this year!!!
Wayne,
My understanding was it's effective immediately (or it should be)Steve / Admin,
Any chance of adding a “spell check” function in the post replies section?
It annoys me to have to type in ms word and them cut & paste in to the response section.
Cheers
L.A,
I enjoy your posts and your sense of humour. Keep up the good work.
Dizang, I throw your question regarding ‘who want to live in a house underwater’ to my kids and both were very excited about the prospect! My son mentioned that they could share it with the mermaids!
Hi Paul,
Good to see another investor supporting the bird doggers.Hi Patrick,
Formally on this site there was a search function for searching old post relating to a particular topic. It worked quite well, although I don’t know where it is now!
There are a number of personnel on this forum wanting to assist lesser experienced investors through the early parts of the property investing journey (ie people buying their first IP). You have hit the nail on the head with your signature, so make sure you practice what you preach. There are dozens of people here willing to give advice.
Hmm,
I’m not too sure a “for sale” section would be of any use on this site.
As a real estate buyer, I only buy bargains (ie under valued properties)
As a seller, I want fortunes!!
I would assume most real estate investors are of a similar mindset??
Just my thoughts.
Hi ShowBiz,
As a small time property investor, my understanding of gaining Pre Approval is not hard to acquire. When it comes to actually borrowing the money the bank will normally cheek your credit report. This report will state who has previously cheeked your report and for what reason (ie. It will state the cba inquired prior to giving a 30k loan for a car in 2006). It seems currently every man and his dog will hand out pre approval letters. Hope this helps.
Steve,
You are defiantly now heading in the right direction with the web site.
Thank you.Lyndon,
As mentioned above cheek out thelandloard.com.au.
As for advise, dont rent to friends or family!