Excellent result and thanks for sharing, Luke!

love reading real stories (loaded with details, photos and figures!) that showcase how great, easy and quick it can be to turn an ugly duckling to a beautiful golden eggs laying swan 👍😎

One of my favourite sayings is: “If you torture the data long enough, it will confess to anything”

The report is talking about GDP PPP (adjusted to purchasing power)…

No offence and without causing alarm, but according to the logic in this thread, we should all sell all assets in Australia as it will slip down 4 ranks by 2030 and 9 ranks by…[Read more]

One of my favourite sayings is: “If you torture the data long enough, it will admit to anything”

The report is talking about GDP PPP (adjusted to purchasing power)…

No offence and without causing alarm, but according to the logic in this thread, we should all sell all assets in Australia as it will slip down 4 ranks by 2030 and 9 ranks by 2050…[Read more]

The current situation affects the current price and unless changed, I dare say it will affect the future price as well. The above is true for pretty much every situation.

In other words, you’re buying it relatively cheap now due to the above and you’ll probably sell it relatively cheap due to same.

Hope this makes sense? 👍😎

My suggestion would be to source at least 2 more quotes before making a decision 😉

My suggestion would be to source at least 2 more quotes before making a decision 😉

My advice would be to source at least 2 more quotes before making a decision 😉

I would engage a town planner and take it from there?

No idea, buddy. Maybe post some photos? 👍😎

Hi RMAA,

Guess you didn’t hear anything from that staff member you mentioned? If not, what’s your plan moving forward?

Did you discuss your situation with a broker and see what other offers are available for you in the market place?

Cheers,
Ethan

Good on ya. I know of a recent similar case where the borrower went all the way with the ombudsman against a big4 lender and got full satisfaction (short of an apology, you can forget about that 😉).

Will be interested to know how it panned out.

Good luck! 👍😎

Oh my. Can’t see myself signing such a POA 😱😱😱

Is this for a specific property and maximum price or are you giving someone a blank cheque to represent you in any auction at any price? 😳

Generally speaking, I would prefer an old house rather than a new duplex (or even a new house for that matter) every day of the week.

Why? Because I can renovate an old house. So for an investment of say 10% I can increase its value by 20-30% today instead of waiting how many years for the market to do the same gain?

Generally speaking, I would probably borrow 80% on all properties and place remaining funds in offset (or redraw). Be sure not to cross the loans! Suggest considering speaking with a broker for specific advice 👍😎

Totally unacceptable and I wouldn’t stand for it.

Basically, moving forward I see two options:

1. Take your business elsewhere. I’m biased of course but I strongly believe that going through a great broker is the way to go. Poor customer service should be answered by customers leaving. However, if it’s important for you to stay with the current…[Read more]

Hey mate,

Am a bit unclear on the details. What stops you from not having your girlfriend in this deal so you could get the FHBG?

Suggest contacting a broker that isn’t connected to that company (to ensure he’s completely on your side…) and examine options as specific advice is needed.

Same regarding getting out of the deal, if that’s the…[Read more]

Hey mate,

Am a bit unclear on the details. What stops you from not having your girlfriend in this deal so you could get the FHBG?

Suggest contacting a broker that isn’t connected to that company (to ensure he’s completely on your side…) and examine options as specific advice is needed.

Same regarding getting out of the deal, if that’s the…[Read more]