By the way, I don't believe the rate rises is going to end soon. Although I am not an economist or expert, it is easy to understand that more demand on the limited supply will push the price up. The Labour Gov't has already indicated that they are keen to keep their election promise in big tax cut and spending. Rate rise together when inflation…[Read more]

Hello, all.I am not an experience investor and may not be qualified to advise. However, when I start investing in property, I know price will go up and down in a cycle. Therefore, I am ready to ride the cycle and let time do it ticks on properties.It is good to hear price growing. But, when downturns come, people start to question their believe…[Read more]

Thank you all for your experience in Century 21 and Barry Plant.I am not an experience investor so I don't think I am qualified to advise on the prospect of Clayton South. However, below is my experience on this property.I bought the property from the developer who rent it back as a display home. It appears to be alright on maintaining the…[Read more]

Dear Marc,Thank you for your advice.The last rental review was in Dec 2006 and rent has been raised by $5 to match the market.  The tenant is currently on a month by month basis after the last lease expired.  I am unsure whether I can increase rent again at this stage.Regards,Francis

Dear all,

Thank you for your suggestions.

I have done or considered the following:

1. Claim depreciation. I have purchase a Depreciation Schedule which give me about $1,000 claimable amount in the first year.

2. Small renos to increase value. But it needs about 36% increase in rent to make the investment breakeven.

3. Reduce loan…[Read more]

I am only a beginner in the investment game.

However, I don’t think it is positive to just believe the bright side. That’s blind and dangerous. All investment can go up and down in a cycle. The only difference is time in and size of the cycle.

From history, the crowd and majority are usually wrong at the turning point in investment. That may…[Read more]

Dear All,

I am only a beginner in investment. Hope my opinions doesn’t sound too stupid.

There are a few things I found interesting from this news:

1. Westpac is crossing boundary into their loan client’s area. Does it mean that there is a new trend for banks? Or they are running short of profit sources?

2. I have checked DHA…[Read more]

Dear Simon,

Thank you for your advise.

Can estimated values by an estate agent satify the ATO rules?

Regards,
Francis

Dear Scotty3,

What are the criteria for registration? Where to register?

Regards,
Francis

Dear all,

I have visited the url from woodsman. However, could someone explain what is unimproved value of land. Thank you!

Regards,
Francis

Hello, Landt.

Thank you!

Are they always deceased estate? Where can I find these auctions?

Regards,
Francis

Dear Landt,

I am new to investment and have the following questions:-
What is State Trustee Auction?
Where to obtain information on these Auction?

Thank you!
Francis

Hello, dboddy.

I just start learning investment and not yet make my first deal. However, I hope my 2 cents thought may help.

1. There are a few mortgage brokers participating in this forum often. Why don’t you contact them? They have good understanding of property investment and may be able to help.

2. Have you tried other option like…[Read more]

Dear all,

Thank you for your advises!

Now, I have some ideas. However, it seems most investors are using LOC. But, I have the following questions:-
1. When property price dropped, will banks change the LOC amount?
2. What is the advantages of using LOC instead of refinance the property?

Thank you in advance!

Regards,
Francis
[laughing]

Dear Philip,

Thank you for your reply!

Apart from ID, my computer is working smoothly. If it means to spend more $ into this machine, I would rather leave the $ for investment property. I know there are plenty of people still using W98 and are hesitate to change.

Regards,
Francis

Dear Philip,

What technologies are used to build ID? What are the problems on Win98? Actually, I am using Win98SE. Does this made any difference?

Regards,
Francis

Dear Shelley, Terry, Steven & Derek,

Thank you very much for your advise!

It seems LOC is a popular strategy used by investors since I found this term everywhere in this forum. I have spoken to a bank. However, I couldn’t understand how the home loan, investment loan and LOC tired together?

I would be very grateful if anyone could explain…[Read more]

Dear Zeallous,

I have read Steve’s first book and reading the 2nd book. I have put my plan together and determining following actions. I expect it is extremely hard in the starting up actions, but I believe they worth when I reach my final target of financial independency.

Hope this could help!

Regards,
Francis

Dear JPD,

I am interested to know which of the world you are in.

Cheers,
Francis

Dear Mr McKnight,

I am surprised and excited to see your answer in person. Thank you very very much!

I am reading your 2nd book ($1M in property in 1 Year) and have the following questions:-

1. Long settlement period is a strategy in bloom market. A bloom market is usually a seller’s market. How can a long settlement period can be…[Read more]