This certainly is buying a problem and creating the solution. I don’t believe I could live there if I knew. However if you are about investing for profit I would assume you could purchase the property at a reduced price and then if you make it over I would re sell or perhaps rent out for 1 year then resell. Of course the neighbours would know…[Read more]

Hi Phil,
I have thought this through also as we have moved to Qld from Sydney and are renting. If we sold after paying out the mortgage etc we would have 300K or so. Do we as you say purchase a house and be debt free and have the lifestyle we want now or continue to rent and build up our portfolio?? For us it comes down to quality of life. You say…[Read more]

Hi MJ,
As I am currently renting I know it is hard to find 4 bedroom houses. With only 2 children but using a bedroom as an office it is easy for the space to be filled. With so much open planning in houses it is always good to have a room where you can go to shut the door.
If not it can always be used as the guest room.
I also had my house valued…[Read more]

Hi Leanne,
I sold our house by myself.It was a few years ago but the principal would be the same. I took some photos and made up my own promotional flyer. I placed this on local shopping centre bulliten boards. I advertised in the local paper and the leading Saturday paper. I created a register page where I took down the details of any person who…[Read more]

HiLily,
There still are cash flow deals to be made on the coast.You just have to find a problem and come up with the solution (as Steve would say)>House prices in the middle to lower end of the market have dropped and slowed over the past 6 months. I recently viewed a property with 3 different prices depending which brochure you were looking…[Read more]