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  • Profile photo of god_of_moneygod_of_money
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    January 14, 2010 - 10:06 am

    Stop spamming

    Profile photo of god_of_moneygod_of_money
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    January 14, 2010 - 10:05 am

    Well.. you have to include inflation 3-4%
    plus depreciation as well…
    compound interests etc…

    so it is more complex calculation

    Profile photo of god_of_moneygod_of_money
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    January 14, 2010 - 10:02 am

    Yes.. the catch is after 2 years.. you rent = 4-5%.. (i.e. back to market)
    The purchase price might be inflated…

    Profile photo of god_of_moneygod_of_money
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    January 14, 2010 - 9:45 am

    Richard, What is Rock?

    Profile photo of god_of_moneygod_of_money
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    January 13, 2010 - 10:41 am

    "While the price is important, things such as it's age (and therefore tax deductibility)"
    … I never use tax deductibility to decide my investment choice.

    But I am not a qualified financial planner

    Profile photo of god_of_moneygod_of_money
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    January 13, 2010 - 9:46 am

    Yes, I totally agree with you Richard.. but discomute question is about interest rates

    Flexibility, structural issue, etc etc etc…
    .
    Lots of media-hype about the lowest interest to bet on .. especially Money section on Sydney morning herald….

    Profile photo of god_of_moneygod_of_money
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    January 13, 2010 - 8:52 am

    TCL

    With 30 deposit included…. I think

    Profile photo of god_of_moneygod_of_money
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    January 13, 2010 - 8:46 am

    http://www.ratecity.com.au
    http://www.infochoice.com.au
    http://www.cannex.com.au
    http://www.mozo.com.au
    etc
    etc
    etc

    Profile photo of god_of_moneygod_of_money
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    January 13, 2010 - 8:45 am

    Just read Margaret Lomas on buying off plan

    I personally don't like buying off plan..
    including the price is normally inflated (commision, advertising), almost always delayed due to GFC, risk of lower valuation when completed etc…

    Though the selling agent will mention … high depreciation, high rental return etc ….

    But the point is… what is the re-sell price if it goes to market for auction??

    Profile photo of god_of_moneygod_of_money
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    January 13, 2010 - 8:30 am

    Crapt advertisement!!!

    Profile photo of god_of_moneygod_of_money
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    January 12, 2010 - 7:36 am

    woww… stand at A$256k for few weeks.. otherwise the REA thinks that you are desperate…
    Well..ring them back in 2 weeks time… and ask whether they could negotiate the price to
    lower range of 260k

    Profile photo of god_of_moneygod_of_money
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    January 12, 2010 - 7:17 am

    Hi TCL

    I thought you like only investing Unilodge apartment

    I would prefer investing CF house in western/south west sydney rather than unilodge… that is just my humble opinion.
    You can find the property that is large enough to build the duplex in the future.. check with the council though

    Profile photo of god_of_moneygod_of_money
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    January 10, 2010 - 10:02 am

    ….. Included the property and economic experts throughout the Australia and WORLD

    Profile photo of god_of_moneygod_of_money
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    January 10, 2010 - 5:26 am

    Totally Agree.. Over XXX price is REA marketing hype…
    Just offer what you think is reasonable…. you probably need to cope with few F words from the REA agent :)
    Done it before!!!! Get hung up on the phone :)

    Profile photo of god_of_moneygod_of_money
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    January 9, 2010 - 9:58 am

    or wanna-be investor

    Profile photo of god_of_moneygod_of_money
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    January 9, 2010 - 9:58 am

    Natalie,
    I don't think it is the bargain price if you are buying through the TIC
    BUT… you have to pay for their services which have been built into the price

    I hate to say it but good for novice investor though

    Profile photo of god_of_moneygod_of_money
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    January 9, 2010 - 9:55 am

    Hi Ferry

    If you think that investing in IP = saving tax… then you have to think twice about your philosophy
    Tax advantage is only the bonus  imho.

    Profile photo of god_of_moneygod_of_money
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    January 4, 2010 - 11:19 pm

    How many units in that block?
    It must be in the rural town?

    The LVR probably looking at 60-65%
    You are probably needing specialist mortgage lender…. on commercial rate??
    Get your mortgage broker or one of the forum broker to help you

    Cheers

    Profile photo of god_of_moneygod_of_money
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    January 4, 2010 - 9:48 am

    " i already have a good team of people, accountant, property manager mortgage broker and financial adviser to help me with advice"

    You should be thankful to be able to receive 'excellent' info from your team.

    Why bother with 'unlicensed' basic opinion in the blog?? funny..!!!

    Profile photo of god_of_moneygod_of_money
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    January 3, 2010 - 12:32 pm

    nope
    can be house and land as well
    mostly new development area

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