Hi Trish,
you mentioned in your post
currently have a negative geared property, which I believe is NOT working for me. .

Could you expand why you feel the property is not working. Maybe your expectations are not aligned with a negatively geared investment.[blush2]

In my opinion (without knowing the full facts and your investor profile), I…[Read more]

Thanks ActToday,

the HIA web site looks really informative. One to keep an eye on.[biggrin]

Regards,
Helen

Thanks for your comments.[cap]

Any other thoughts. I really would like to get a handle on this process [blink]– so any additional information really appreciated. Perhaps you might like to comment on your own experiences.[cap]

Regards,
Helen

C’mon Folks,

your opinions are valued. Why so silent???[blink][blink][blink][blink][blink][blink][blink][blink]

Regards,
Helen

Thanks Jo,

as I am interested in purchasing now, it would be great if the market was easing. Better a buyer’s market than a seller’s market.[sunny]

Regards,
Helen[cap]

Hi Depreciator,

thank you for your kind offer to provide advice re depreciation. Will call you next week.

Regards,
Helen[cap]

Hello Glauco,
probably your best bet is to use a buyer’s advocate to source property. Do a search on the internet for companies specialising in this type of property purchase. If you advise the area you are interested in, perhaps someone on the forum might be able to provide a recommendation. [thumbsup2]

In reviewing advocate web sites, you…[Read more]

Hi Yorker,
thanks for the lead. By the way — $50 doesn’t sound that much for a comprehensive report[blink]. What does the report contain; from where is the data sourced; on average, how many pages???

Just interested.[cap]

Could you also send an email to me with your Researcher’s contact details.

Helen

Hi,
I agree with Depreciator. Time for legal advice. Off the plan contracts should contain floor plans including size in square metres. I know that contracts can say that size is indicative — but 20% difference — that certainly sounds rather fraudalent. I belive unit size can vary up to about 5% and you won’t have legal grounds. But as…[Read more]

Hi,
just a thought — get the property manager to follow up and ask potential tenants why they decided against renting your property. Maybe something you and the PM have missed!![blink]

Regards,
Helen

Hello Amber,

to go against the tide, I would suggest looking at Cairns.[blink]

Cairns has been bubbling along over the last 12 months or so, but I believe there is still substantial room to move in terms of capital growth. A number of indicators suggest the population of Cairns will continue to grow; coupled with a strong tourism focus — it…[Read more]

Hi Alf,
in response to your question. The simple answer is “yes”.

Hope this helps.
[cap]

Regards,
Helen

Thanks Stuart,

Wow!!! Strong words.

Initial serviceability would not be a problem (line of credit) because of existing unencumbered property. So I could invest (1-2 properties) without too much concern. However when the broker mentioned that I could borrow over 1 million (actually closer to $2 million), my immediate thought was…[Read more]

Hi MortgageHunter,

thanks for the reply. Any chance of expanding on the two points raised. I’m still at a loss regarding the whole concept.[blush2] Feel free to elaborate (in as much detail as possible).

Thanks
Helen [biggrin]

Hi All, [biggrin]
I started this thread [gossip] and I just wanted to say to all those who contributed — THANK YOU. Everyone has been so very generous with their knowledge. I feel sure that in the weeks and months to come, this thread will be reviewed time and time again — the depth of information has been truly…[Read more]

Hi everyone,

Didn’t receive any response to my post.[confused2] Thought I would bring it to the attention of the forum a second time.

Thanks
Helen [cap][cap]

Hi,
I attended a Peter Span 3 day residential seminar approximately five years ago — cost was approx $3,000. I found him to be intelligent and he seemed (in my opinion) to be an honest person, eager to impart knowledge. His strategy involved property (buy and hold — interest only) using shares and options to provide the funding for his…[Read more]

Hi all,
my birthday is 6 December.

Counting backwards from now on[worried]

Regards,
Helen [blush2]

Hi,
I have read that over 2 billion dollars worth of development is planned for Cairns over the next few years. While this figure may include general infrastructure, it also amounts to a heap of new units on the market. So unless you buy something really special (difficult to replicate, close to water, views cannot be built out) — I would be…[Read more]

Hi LifeX
thanks for the information. Obviously a lot more to think about than I had anticipated.[blink]

Thanks once again,[biggrin]

Helen