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  • Profile photo of god_of_moneygod_of_money
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    June 5, 2009 - 5:57 am

    disc from using health care concession card… never heard about it..

    Profile photo of god_of_moneygod_of_money
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    June 5, 2009 - 4:49 am

    First Mac & Quickdirect both have a good deal at the moment. 1 year Fixed rate 2.99% and premium variable 4.8?% with offset account. Max LVR 80% with 750k Max lending limit. DEF is not too bad 2% in 1 year to 1.2% in 5 year.

    Profile photo of god_of_moneygod_of_money
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    June 5, 2009 - 1:27 am

    Thanks for the info… very happy to see tightened lending criteria among major banks.  I hope it will drop even further to 80%
    This will have a big impact on property prices in the future…and  will eventually cool down the IP market.

    Profile photo of god_of_moneygod_of_money
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    June 1, 2009 - 2:13 pm

    BUY before you miss the boat…24k is good money.. tax free

    Profile photo of god_of_moneygod_of_money
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    June 1, 2009 - 2:05 pm

    Avoid at all cost
    Too specific type of invesment

    Profile photo of god_of_moneygod_of_money
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    May 31, 2009 - 12:51 pm

    Yes… commercial rate is around ~8-9%

    Profile photo of god_of_moneygod_of_money
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    May 31, 2009 - 11:12 am

    I would rather invest in Westfield Trust… 8-9% yield.

    CP is very risky type of investment… just becareful

    Profile photo of god_of_moneygod_of_money
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    May 30, 2009 - 7:40 am

    Of course terry…
    Which Bank? CBA

    Profile photo of god_of_moneygod_of_money
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    May 30, 2009 - 1:57 am

    Hei Phil,

    I don't even want to touch Nelson Bay for at least 12-18 months.
    Lots of mortgageee sales…

    Profile photo of god_of_moneygod_of_money
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    May 28, 2009 - 11:55 pm

    Most of the properties mentioned in the book are in the 'rural' or small town.
    And most of the teories are a bit outdated.

    Profile photo of god_of_moneygod_of_money
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    May 25, 2009 - 11:05 am

    Lalibella,

    you don't need to use different lender for different property,, you just need to structure it properly
    (i.e. one loan against one property.. not X-collaterised)

    Fiona… I think it is a bit ambitious with the 2nd IP of 1.2 million… remember GFC is not ending yet… may be just the beginning of the crisis…. the full impact is till next year when unemployment hit 8.5%.

    Profile photo of god_of_moneygod_of_money
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    May 23, 2009 - 11:45 pm

    It is a spam

    Profile photo of god_of_moneygod_of_money
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    May 23, 2009 - 1:58 am

    …. probably with 6 milliions of debt LOL..

    Profile photo of god_of_moneygod_of_money
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    May 22, 2009 - 3:15 am

    It is very dangerous to do it… unless u have sorted all the finances/solicitor to view the contract and build/pest inpsection…

    Profile photo of god_of_moneygod_of_money
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    May 21, 2009 - 12:47 am

    Did you buy the property unseen??

    You also need to consider where about the property is i.e. on the major regional or small rural town.

    Profile photo of god_of_moneygod_of_money
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    May 19, 2009 - 8:49 am

    Well.. I am thinking about flying to Albury to see some of the properties before making the commitment..

    I went to see a property (main house with 2 bed granny flat) with good return but short of expectation after inspection.
    Lesson learned.

    Profile photo of god_of_moneygod_of_money
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    May 19, 2009 - 8:28 am

    Terry,
    Any solution in this case… I know it is 'easy' to look back in retrospective

    Profile photo of god_of_moneygod_of_money
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    May 19, 2009 - 8:24 am

    D,

    I am totally agree with what you mentioned above.
    But, despite the bad comments about Premim Finance, people will ignore it because it is the way how they sell the products/advice.

    World is not perfect ,D… this is they way how they earn $$$ from the unsuspecting investors.

     

    Profile photo of god_of_moneygod_of_money
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    May 18, 2009 - 12:36 pm

    Did you X-collateralised your loans?

    Profile photo of god_of_moneygod_of_money
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    May 18, 2009 - 8:05 am

    D,

    I don't think anyone care about 'small' loss. Sydney morning herald just exposed two big collapses of MIS (management investment Scheme) on Timbercorp and Greater Souther Plantation. Investors are losing more than 1 billions dollars.
    PF is only minor for ASIC.

Viewing 20 posts - 541 through 560 (of 949 total)
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