duncaz… you need to take into account of 3 months vancancy rent

Please let us know what happen at the end?

dunnooanother wealth creation website

woww… 200k/year… nice income from IP in 10 yearsbrainwashed by Steve's booksorry..

declining more than they approved.. how do they growth the credit lending?

Till I have  1/2 million in my super… otherwise stick with Industry supercheap management fee with reasonable return

With unlimitted personal income..

I would pay it but also increase the rental as well…

Well… it is quite common practice among agents.Under offer DOES NOT MEAN anything… till you EXCHANGE the cotract then the property is yoursTill then… it is still ON the market and other buyer can gazump you.I tried to do it once.. but the 'honest' agent declined it…forsake of 5k extra for the vendor (too bad)Have u paid the 10% deposit and…[Read more]

http://www.aussielegal.com.au/forum/forum_posts~TID~3773.htmGeee.. this guy really does massive spamming advertisements !!!

Rental Agreements DIY55 Pyrmont Bridge Road, Pyrmont, NSW 2009p: (02) 9501 0490  http://www.rentalagreementsdiy.com.au ?????????????????

"New South Wales Residential Tenancy Agreement Kit. Download Now. Only $39.95 Click Here"That is a bit expensive!!!! SCAMMER!!!

The easiest way is to secure against your PPOR but risks involved…. correct me if I am wrong

after GFC, every word about property developer… the banks will run miles awayThe collapsing of Fincorp, bridgecorp etc… has highlighted the risk of lending money to property developerI guess that Mirvac, Meriton, Australand ASX listed companies have some issue securing the finance but not the large extend of the small developers 

Some of the brokers here are very uptodate with the structuring issue

Mike,How much equity do you have (i.e. what is the LVR)and how much salary income (apart from the rental income)?I still prefer the Offset account for the PPOR eventhough it has slightly higher interest rates 0.06%-0.1% (ANZ Simplicity vs. ANZ breakfree package for example)but it is much easier if you convert PPOR into IP in the future.I made…[Read more]

DWolfe wrote:
You can apply the formula in the revised edition which does give you the yield. If the yield is high bingo. Hence the revised edition.And yes these properties are not just floating in the air for people to pluck, we would all be really rich (nice but ain't happenin). You need to look in different areas. Where I rent you would NEVER…[Read more]

AndreiR wrote:

god_of_money wrote:
The book is outdatedand the teory is outdatedbut people who tried it 10-15 years ago might agree with his teory.Not now especially post GFC

So why u on this forum then?

so what???

agree 100% with Richardmay be u should change the broker

The book is outdatedand the teory is outdatedbut people who tried it 10-15 years ago might agree with his teory.Not now especially post GFC