Thanks for all the inputs…What  I mean is… each inspection will cost about 400-500 dollars… I guess that if it is only one inspection.. then that is ok..How about 3-4 inspections… in the regional city ( don't like to buy in small town).. it will cost a fortune.. plus time consuming as well. I am too scared to buy unseen.. despite the…[Read more]

Terry, how can you find the cashflow positive in the big cities?What is you definition of rural? I am talking about regional cities…

Terry,How do secure the regional property deal? I am talking about population more than 20,000.Scott,You can always look at from the google earth and streetview. I am trying to secure a property in the regional city. I am not sure whether I should fly to see the property or not. It will cost me at least 400 dollars fly in/out.The rental return is…[Read more]

Richard should be able to help you. I don't think he charges any commission up front.Solicitor… I always go to property lawyer… a bit expensive..200 dollars more than dodgy solicitor.I always asked for building and pest inspection… plus/minus ACCREDITED valuer

Some of them charge per % of sale value but others charge set amount of fee.Please choose the buyer agent carefully…

I am sure that you can get it from the newsagent????

How about the cost, council, management fee etc???This should be part of equationDepreciation and tax margin……….!!!!Where about all the variable costs??

I do normally read it for free @ Borders with coffee in Gloria Jeans inside the bookshop

Thanks for your info Erik

There is no concession for land tax in NSW.. What is the threshold before you pay land tax in QLD?

Erick,It is true that with company trustee there is another layer of protection. How about the cost of setting up the company trustee let alone yearly fee……. going to accountant pocket..Unless you have plenty of IPs and having a 'risky' occupation…. then it is worthwhile to set up one.I am happy to be corrected!

",,,different types of loan products out there…some 100%"Please let me know which lender that still offer 100%????The max that you can get at this stage is 92% LVR with Westpac… may be 95% with 1-2 non bank lenders.. But I will consider doing it with bank lenderKeep saving….!!!!

I read the news today that KRudd Co.. might revise the limit of negative gearing during May budget… sound interesting!!!

Can we make any claims on the vacant property? No.. because it doesn't produce any incomeAgain… issue of X-collaterilised both  propeties is interesting to solve the problem

Sulo,"My accountant has advised me that having our names listed as the trustees defeats the purpose of setting up one! Is that so?"you should find a new qualified accountant if he/she doesn't know about DFT

Do the search in this website.. lots of info about X-collaterised loan both risks and benefits

This post was 4 years ago and suddenly someone made a very postive comment on CB

You should utilise your vendor's lawyer in the future (quite experiences from your explanation)…I think it is important not to use conveyancer but property lawyers only.I learn something from your case… Let's know what happen at this end?

http://business.smh.com.au/business/house-prices-down-4-in-a-year-20090430-aozy.htmlhow about this

What was the reason why the bank could not release the title?