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  • Profile photo of god_of_moneygod_of_money
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    May 24, 2010 - 1:23 pm

    Richard Taylor is based in QLD.

    Profile photo of god_of_moneygod_of_money
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    May 22, 2010 - 9:37 am

    I still have a vivid memory when my old mortgage broker told me to go with wizard.. I disagreed with him.
    But the selling points were IR was cheaper than banks… acting as "White Knights" against banks

    Profile photo of god_of_moneygod_of_money
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    May 21, 2010 - 9:25 am

    It is always an issue with student accomodation. I don't think the bank will follow the actual income. I believe that student accomodation is fluctuate (i.e. high turnover and not full 12 moths).

    Bank always used the market value to estimate the rental income ( to be realistic)

    Profile photo of god_of_moneygod_of_money
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    May 19, 2010 - 11:13 am

    http://www.sqmresearch.com.au
    or manually on the back of API magazine

    Profile photo of god_of_moneygod_of_money
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    May 18, 2010 - 1:06 pm

    Go for the lowest rate with low LVR…
    why wasting money with 0.2-0.3% interest rate

    I wish they can do 50%LVR with 6% interest rate

    Profile photo of god_of_moneygod_of_money
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    May 18, 2010 - 10:04 am

    Mathematical error!

    That is a difference increase of $62 per week or $3,224 per year.
    Because 4*12 = 48 weeks. But previous equation you divided it by 52 weeks. Therefore extra 4 weeks = A$3224 = correct

    It should not have any problem as interest is calculating daily.

    Profile photo of god_of_moneygod_of_money
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    May 17, 2010 - 12:15 pm

    it seems that people keep asking the same questions every day

    Profile photo of god_of_moneygod_of_money
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    May 17, 2010 - 6:21 am

    I still consider 70%  clearance rate = high.
    The bottom line is vendoer might NOT want to sell it (unless a good price).
    The stock market is going nowhere.
    Can't see the reason why people would like to sell the property at the discount price.
    Remember.. the interest rate is still LOW (below average)

    It would be CRAZY for RBA to increase the IR in the future as PIIGS issue coming through.
    People will flock into safe haven invesment again…..

    Profile photo of god_of_moneygod_of_money
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    May 16, 2010 - 1:28 pm

    some of the contents are out-dated…(imagine reading the book by Peter Spann :)…)
    you can read the posting from this forum or somersoft..
    it is more uptodate

    Profile photo of god_of_moneygod_of_money
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    May 16, 2010 - 7:21 am

    congrats

    where about the property… the REA has deleted the link

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    May 16, 2010 - 3:12 am

    Will kill the next project… heard STO(Santos) is negoatiating the LNG project

    Profile photo of god_of_moneygod_of_money
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    May 16, 2010 - 1:37 am

    go to ebay and purchase it

    Profile photo of god_of_moneygod_of_money
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    May 16, 2010 - 1:32 am

    well,… you are using aussie dollar to purchase something in the third world countries… bad comparison…
    (i.e. you earn aussie dollar and live in other countries..??? does NOT make sense)

    the best comparison… of course..house to income ratio.. has been well published and accepted (see media comments about housing affordability).. they compare using income.. not income generating from oversease.. i hope this will clear some confusion..

    Profile photo of god_of_moneygod_of_money
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    May 16, 2010 - 1:29 am

    ambosh… it is doable in the rural small town

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    May 16, 2010 - 1:27 am

    it depends on your situation… can be your friend or enemy

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    May 15, 2010 - 1:42 pm

    If you are worried on current rates, you should not get into property investing. It is still below average.

    Profile photo of god_of_moneygod_of_money
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    May 15, 2010 - 11:57 am

    jake … plenty of answers to your questions… just do a simple search

    Profile photo of god_of_moneygod_of_money
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    May 15, 2010 - 11:54 am

    units4me… you use AUS dollar for comparison… and aussie dollar has been very strong against other currencies..
    it is a basic statistic mistake… :)

    Profile photo of god_of_moneygod_of_money
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    May 14, 2010 - 7:23 am

    NAB Broker arm….
    how about PLAN? do they offer a competitive loan as well?

    Profile photo of god_of_moneygod_of_money
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    May 9, 2010 - 8:20 am

    Latest opinion from Paul Clitoroe (money magazine)… Stay away from US properties as aussie investors have NOT
    been given full pictures of investment condition @ USA. There are bargains out there… no doubt.. but if through broker via broker via broker.. obviously… a dud investment.

    Aussie investors might think like investing in Australia….but it is completely different game..

Viewing 20 posts - 201 through 220 (of 949 total)
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