Forum Replies Created
HI guys,
I think every house has its own market price. I think it’s really hard to tell the selling price is market price becos in many cases they are over or below actual market price. I read some one suggested that just knowing 1 or 2% of the market price in the whole country’s property market is already good. Is that true? Do the investor should concentrate on some areas to understand their market rather than running after the cash flow properties whenever they can?
Hope to see your sharing.
Regards,
FF
Hi snow kiwi,
I have a better understanding of interest rate now. Thankx everyone for helping me. I have a question regarding the relationship between interest rate and the booming cycle. of property. Can we predict the interest rate by looking at the booming cycle or not? I want to make this a new topic, but let see how everyone think first .
Best regards,
Viet.
Hi crusher, u’re so funny!!! [specool] I think investors always want to save money . I agree that we need to have good networking but normally we just get what we give.
Have u used the property valuer before? How much did they charge? Just for more information.
Good night crusher.
Thankx Simon, I do concern about the rise of interest rate.
I just read that fixed rate is only allowed for a shorter peiod of time
from 1-5 yrs and the longer the priod, the higher rate I need to pay.
So the only concern for a variable interest rate is the RBA. So is
10.4% a safe cash on cash return %? How or What elements that
make the RBA decides to raise or low down the rate?
Sorry for asking u guys too much.
Have a nice day.
Thankx voigtstr. But why many investors said they need to create room for interest rate rise in their cash on cash return %? Is that becoz they choose the variable interest rate?
Thankx, I’ve just checked the Investment board. The policies are against foreign investment with lots of restrictions. I think I need to become a Australian resident to be able to fully join in the invesment battle.
Have a nice day!!!
