Macq are predicting 3 x 0.25% hikes between now and EOFY!The government have increased their GDP predictions.Yes, interest rates will continue to rise (barring some catestrophic event).F. [cowboy2]

Have a look at Morwell. Have a look at Morwell. Have a look at Morwell. There I've said it three times so you can't miss it.Have a look what happened to prices in the Latrobe Valley during the 1990s, have a look what happened to prices in the Latrobe Valley during the 1990s, have a look what happened to prices in the Latrobe Valley during the…[Read more]

sarajh wrote:
Thanks guys. I have looked a little at no doc and may yet go this way though it's asking me to state I earn $74k, and will cost around $6k to do. I'm very aware of the leap we're taking if we get the next step wrong. Would u recommend doing this in the market at this time?

I'd recommend that before signing a document stating…[Read more]

Today Tonight misled viewers, court finds Article from: AAP By Kim Christian October 05, 2007 07:21pm TODAY Toight viewers were misled by a program which promoted a property investment scheme as a way to become rich, the Federal Court has…[Read more]

Here are some useful charts for Australia-wide consideration. Apologies for the low resolutions.By now you should be scratching your head and wondering… "why? how?" Here's how and why:Cheers, F. [cowboy2]

Nice work guys and congratulations on the outcome. Can I ask whether you've calculated your CGT liability? I couldn't see it listed with the expenses.Cheers, F. [cowboy2]

Paul22M wrote:
they all appraised around the same which was between 270-280 grand, i ended up going with an agent that knew the area really well and it went on the market at from $270 , about 4 weeks have passed and the agent hasnt had any offers yet and he rang me to see if we can drop the price abit .. to $260

I can see only one of two…[Read more]

Tops post. Sounds like you have enough material there for an entire book! (Seriously, there is no income more passive than that of a writer or singer…)Sign me up.13. Ridden a cherry picker into the 2nd storey roof. Not my fault – it went out of control – the left/right control stick was causing the bucket to move up/down as well as sideways and…[Read more]

mcintire wrote:
Slightly used "Buyer Beware" program and 0 to 130 Properties book: From 0 to 130 Properties in 3.5 Years, no handwriting in the book, Paid $39.54, selling for $20 plus postage.

Just so you know, this sells for $5 on ebay… The used book market here in Aus is in a bit of a slump at the moment – a real buyer's market!

wealth4life.com wrote:
Why is it that all financial planners and share brokers who don't like property investing never give predictions on stocks and shares???? … come on you must be braver than that or is the saying true

Which saying? The saying that property stands alone in that advisors can issue ill-fitting, ill-considered, innaccurate,…[Read more]

chilliaa wrote:
I dont want to sound like a scare monger, but i think you need to be VERY careful at the moment.

I agree with this, both for the reason you mention and one other…From the original post:

boshie wrote:
… we have a fantastic accountant who has my partner on a very low wage, so we pay less tax … does anyone know where (or…[Read more]

dannads wrote:
Hey guys,Can someone please specifiy where the money comes from, how RAMS make money etc?

They sell commercial paper in the US mostly.http://www.bloomberg.com/apps/news?pid=20601087&sid=aHiJRAmdEfNs&refer=homeIt doesn't look like this is going to be a viable option in the future.

Nucopia wrote:
any other web sites for U.S property ?

http://tinyurl.com/npw3t

crashy wrote:
you are right there, you are no legal wizard.as usual, you stick your head into matters that dont concern you, for the sole purpose of ridicule and boosting your own ego.

You asked the question! And I agree, I am no legal wizard. But I've spent enough time with legal people to know that it's best only to pursue legal action when…[Read more]

crashy wrote:
Has anyone ever sued their agent?my agent has diplayed gross negligence

I'm no legal wizard, but on the face of it I doubt you'd have a case for gross negligence…. the legal definition being something along the lines of "carelessness in reckless disregard for the safety or lives of others, which is so great it appears to be a…[Read more]

No. So maybe 6% all told.

L.A Aussie wrote:
So Foundation,based on your posts before mine, does this mean you are not buying any property, or selling what you've got, or holding on, or buying more, liquidating and putting it into cash (everyone seems to be doing that). What about shares and/or businesses? What are you doing, man?

I'll tell you but you wouldn't want to…[Read more]

devo76 wrote:
In the last 100 years i know Australia has gone through many booms.many busts,recessions,depression,war,oil scares,stock market crash,s. interest rate rises and falls, government changes,inflation changes etc etc. While all this has been going on house prices have rolled along in a general upward direction.My question is does a…[Read more]

crashy wrote:
money is pulled out of equities and is reinvested in property. thoughts?

What money? It's the same credit expansion that's been the main force pushing shares higher, property higher and national productivity higher for the last decade. Credit = loans. People borrowing to buy. If they pull money out of shares they'll pay back…[Read more]

mathewc73 wrote:
What is the most risky, dangerous things that poeple possibly invest/speculate in?

Naked CFDs with borrowed money. Massive upside potential, practically unlimited loss potential. Which is not to say that a calculated and informed risk, with losses fully limited and with cash to cover all potential losses might not pay very…[Read more]