I think this is a great topic if egos can be put aside.  I have only been investing in property since 2007 and have enjoyed the ride.  I have only really educated myself properly in the last year.I have made some mistakes like anyone and a few of them are as follows.:My finance was not set up properly at the start.  I always did what the banks to…[Read more]

Much Much clearer for ariel views.  You can also view from different directions.

Hi Nightelves,                             There are many ways to do this.  It depends on how much time you have, motivation, lateral thinking and knowledge.  I will list a few ways that I know but I am sure there will be many people who can give you much better advice than I who will no doubt post on here.1.  Buy at a good price.  Knocking 20-50k…[Read more]

Hi dtrump,                        I organised a loan through my broker with Homeside in December for my partner.  Overall the product is quite good.   Simple but effective.However the customer service has alot to be desired.  It took almost 2 months to get the loan squared away.  Then the docs sent were for the incorrect product.  Which t…[Read more]

I think the dis-respect comment is very valid.  Alot of people are very tight for money at the moment.  It could force them to leave and then your property could sit vacant for a few weeks losing you X amount of dollars.  If they are good tennants they would get the bond back at the end of the new lease even if it increased.  So you wouldn't mak…[Read more]

Isn't a valuation a valuation regardless if it is for sale, refinance or otherwise………………….

Corner blocks are fantastic……. However in light of your DHA Lease back scheme…… DHA I am 90% sure have certain requirements for yard size private areas etc they even go to the extent of having so much metrage of clothsline.  You may want to check that out with them if you are still keen to lease it to them.If you are able to subdivide…[Read more]

I have always said to myself that if someone were to do that aka squatting that myself and a few friends would also go and squat with them for a few days……………………………..

Also after a course in Melb.

If you find a property you are serioulsy interested in give the council a call…. Many people forget they are a BUSSINESS as well as a council..

WoW……………. Sorry I dont' really have any advice but if people out there are good mates with real estate agents……. Need I say any more…. Im not talking about out of control valuations but maybe that 3% as needed could be given.Does St George do all valuations like this for a refinance unlocking equity??

I have an interesting take on this……. If you used theses photo and put it up on RPDATA, PDSLIVE etc would it influence valuations?

Hi Aussie thanks for the reply.  Are you able to PM me?Thanks

You are right it is in a way robbing Peter to pay Paul.  But you have to remember to make money you have to spend money.  Look at it like this:  When you bought your PPOR you would have saved up a deposit plus possibly your FHOG.  This in essence was a deposit.Look at the equity in your home as a DEPOSIT for you IP.  Look at in exactly the same…[Read more]

I think valuations across the board are hit and miss at the moment.  I think it is best to hang in there or see if another lender comes in higher.   They all have different methods and requirements of what level of valuation they will conduct. I have had a couple of properties come back as follows both in the same suburb:Property 1: ANZ Higher NA…[Read more]

I guess you can ask the OSR if there are any exemptions available. 

Mitch Jones Mobile: 0412 881 907Ph: 03 9585 7779, Fax: 03 8610 0365, 302 Charman Rd, Cheltenham VIC 3196I have seen a few in the last 18 months and Mitch is absolutely brilliant.

Was it only 2 units?? If so geez thats a long time.I thought they may have sat on the market for 30 Months…..What was the Feaso pre purchase…….. Maybe it was 20% before the crash?

It should be 20% on todays sale price.  Who knows what the market could do in 30months.  Im sure there are many a developer who went under during the PAST 30 months.Was it 30 months from settlement date, 30 months from the start of construction or 30 months after completion of construction.Not that it matters regardless but just curious.

Spas in a bathroom in my opinion are a bit overated.  A spa outside thats another matter!!!If they are kept as rentals I would imagine that it is another upkeep maintenance issue to consider.  If you are to sell them they do look nice!!!Maybe get in touch with a local realestate agencyDoes that 1800 include the pump etc etc plus installation e…[Read more]