Richard,Its funny how you receive the offensive emails, yet you propbably have more money available to invest in property then many of the people targeted by the telemarketers.  Maybe they need to review their target audience

Richard,Maybe you should ask one of the many premium sales consultants on this forum for another pack to be sent out.  They seam to respond faster to posts on this site then emails and phone calls according to other posts.Kylie71 are you able to help Richard out???

if you have 10 x 1c shares if you sell 1 share you sell 10% of the company.  What you wont be able to do is sell 2.5 shares if you wish to sell a 25% share.

Even though you only require 1x $1 share, in case you wish to sell a portion of your company in the future you may be better having something like 100x $1 shares.  Saves filling in and paying for ASIC forms to modify the number of shares down the track.  Having 100 shares gives greater flexibility if you did want to sell anything off.  eg 5% to mu…[Read more]

Yep every industry has them but unfortunately I think this industry attracks more due to the large sums of money that are dealt with.  As much as I would love to see payday lending cleaned up, the advantage for MB is whilst there is less regulation in pay day lending hopefully more shonky characters are attracted to that area and leave decent MB…[Read more]

Hi Tess & Megan,I have recently I decided to become a broker.  My initial stop was lookin at the franchised guys (Refund Home Loans, Mortgage Choice, Smartline, etc)  These companys are charging $10-70k to get new brokers in.  Alot of new previous expirience and tellig the new comers the can make 6 figure incomes very easily without too much ef…[Read more]

In this day and age there is always a risk off being sued (maybe only a remote chance) even with an investment property.  Just a simple act of receiving a phone call from a tennant stating the smoke detector wasn't working.  A month goes by and it wasn't replaced.  The house is destroyed by fire and there is also loss of life…I would be wa…[Read more]

Chris,There was no negative comments for you choosing to invest in the property market, as many people in this forum believe it is one of the greatest areas to see an investment go well.  Alot of the initial comments were more related to the telemarketing of companies.  Recently there has been alot of advertising posts on this site from first t…[Read more]

From my understanding a number of factors will be considered by lenders (depending on how well it is sold to them) with regards to temping.  You state that 3 years ago you had a permantent job, if the temping is in the same industry this is in your favour.  Also how consistent is the temping.  If you are a temp teacher or nurse and have co…[Read more]

With a P&I with each additional payment the ratio of interest/prinicple changes.  In the first year the majority of the repayment is interest.  What you can do is each year recalculate the difference between in IO and P&I and increase the principle payment into the offset account (this amount would equal the reduction in interest you are c…[Read more]

what a glowing endoresment from a first time poster.  maybe i should be spending more time talking with telemarketers

primary place of residence

Richard,Thanks for correcting my postGibbo

Another option since you spend so much time away, and to still benefit from the FHOG and SD free purchase, is to buy a PPOR and lease a room or two out.  This way you get the financial benefits of a PPOR, your house wont be empty for 3 weeks/month – (hopefully if you find a trusted friend or gf they will take care of the place while you are…[Read more]

Terry,I didn't learn much, a few things about the UCCC and a couple of other items.  I started a commerce degree many years ago, have had a couple of loans and run my own businesses.  Alot of the content I found was common sense, of information that any borrower SHOULD be aware of if they have had any previous mortgages.  It goes into some of th…[Read more]

With the Adeliade Bank SE, last I heard in WA every suburb south of the river had been removed – someone said accidently but they weren't sure if those suburbs would be back on the list anytime soon.

I did my cert IV through http://www.aamc.edu.au . The course for around $600 is via online content.  There are about 3 tests plus 2 assignments.  There are some other online providers that cost more but also probably have more content.  I'm currently doing my introduction pack via MFAA and alot of information is repeated between the 2 courses.  The smal…[Read more]

A number of factors will need to be considered,1st thing it would be worth talking to your existing tennants to ask their ophions.  There is no point leasing one shop and then have 4 vacate.  Adult shops image is changing alot from a few years ago.  They used to be seen as a place were not so nice guys would go for peep shows, etc.  I believe you…[Read more]

I would be sticking close to the train line, as Paul mentioned regarding fuel prices are hurting people.  Alot of people moved to Two Rocks/Yanchep commutting in 4WD each day into the city will be looking at getting closer to the city.  One suburb Paul didn't mention is Kingsley.  Quite a varried suburb in types of properties available.  Some che…[Read more]

I'm just starting out as a broker.  Had breakfast the other week with a few BDM's.  One of them from the big 4 was saying just bad other banks were with this process of discharging loans (whole time I was thinking they were just as guilty as the others).  They were saying they were now settling quick refinances without title.  A couple of oth…[Read more]