Do a forum search for Derek Jones, he has a wealth of information that could help you.

…if you do nothing then that is what you are left with.

…Only 1 Month of payments left! surely must have seen this comming…

…perhaps thought that someone would *give* an easy way out…(tha bank did)

No experience whatsoever but surely anyone who has trouble raising bond may encounter the same problems when ‘trying’ to pay rent.

Don’t kids love to use these things for skateboarding?

or

What about a wetland garden?

or

With a cover make a giant cubby house…

…what species are they?

There are many Australian Natives that are non stinging so may not be a problem.

Try putting an ad in the local rag ‘ free bees to a good home – self removal’ and stand back

Not seeing the abovementioned article but having heard the term before;

The context was people renting whislt saving for a deposit, to have the ‘purchase price’ inflate beyond their capacity to save enough to to secure the property – thus they became captive renters.

Why Cairns in particular?

Some of the most spectacular environment in Australia = some of the most expensive property. (It’s been years since I’ve been up that way though)

Not that there is anything wrong with that it just depends upon what you are trying to do with the investment.

I would have thought ther’d be many opportunities within a…[Read more]

It does seem counter intuitive until you consider that the RBA does not make decisions based on one criteria alone.

They give an analysis to each and every decision on http://www.rba.gov.au/

Regards.

Also depends on WHY you are buying and if you can afford it.

Are you after Cash Flow, Capital Gains or both?

Have you (even by pencil) ‘done the numbers’?

What will you do in a worst case?

Just an Idea,

Perhaps you could buy one off e-bay or get hold of the local papers for sale section and have them deliver.

…or you could attact a Tennant with ‘I’ll buy you a sofa if you sign a longer lease’

Good Luck

I think that most of us think too much (myself included!).

ANY deal can be positive if either the deposit or income is large enough.

The old saying “Don’t ask a used car dealer if you need anew car..” has a lot of relevance to your question.

Anything can be done, you just have to work out the how and why…

[blink]

Damn tough.

Could not your partner attain another JOB ? or is something else precluding that…

I don’t know how to help.

Perhaps go halves with someone? Buy it back later.

Just sell or wrap the contract to someone else?

Sorry for the lack of advice.

Good Luck

Neighbours Tree == Neihbours Responsibility.

Ask them to have an arbourist remove any dangerous overhangs.

Don’t touch it yourself, it could become YOUR problem.

It’s amazing what a knock on the door and the offer of a drink can do.

Just a thought but most reno’s i’ve heard of (which ain’t many) seem to be *knocking down* walls.

I guess if you are not loosing a large functional room to make two pokey little ones….

NO DOCument & LO DOCument…in reference to loan documents.

Have a dig ’round or do a search on this site and you should find answers to most questions.

Cheers.

Thanks to you both.

Yes +gear on 110% finance is difficult, but we don’t necessarily need that if something can be done with the deposit. Wrap? Group? or a share of future profits…..

As this our first IP further afield is only 6hrs drive range from Perth WA.

Whilst US seems great for investment I’d like to be able to view the property first…[Read more]