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  • Profile photo of god_of_moneygod_of_money
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    March 14, 2009 - 12:26 pm

    Plus offset account to manage your rental, etc affairs…

    Profile photo of god_of_moneygod_of_money
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    March 13, 2009 - 1:36 am

    Or.. you can keep your LVR at 100%+ so they can't sue you because you have NO NET asset.

    Profile photo of god_of_moneygod_of_money
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    March 12, 2009 - 10:46 am

    Thanks richard for your info :)

    Profile photo of god_of_moneygod_of_money
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    March 12, 2009 - 10:31 am

    Not telling the truth = asking for deep trouble in the future.
    Think about future… as investment is a long term process

    Profile photo of god_of_moneygod_of_money
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    March 12, 2009 - 12:18 am

    What do you mean by a bit of money?
    100k?

    Profile photo of god_of_moneygod_of_money
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    March 11, 2009 - 9:11 am

    Daniel, how much do they charge you?

    Profile photo of god_of_moneygod_of_money
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    March 11, 2009 - 9:09 am

    And it is tax deductible

    Profile photo of god_of_moneygod_of_money
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    March 10, 2009 - 8:55 am

    Yes.. big advertisement in sydney morning herald…
    Another spruikers from hell…

    Profile photo of god_of_moneygod_of_money
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    March 10, 2009 - 5:30 am

    Damar,

    Let's know the outcome of the meeting..

    Profile photo of god_of_moneygod_of_money
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    March 8, 2009 - 11:13 am

    Tye,
    Have you sold your properties yet?

    Profile photo of god_of_moneygod_of_money
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    March 8, 2009 - 11:04 am

    Be very careful investing in nursing home or retirement village.
    Joint venture of FKP and Lend Lease blew up last year and costing $$$$ millions

    Profile photo of god_of_moneygod_of_money
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    March 6, 2009 - 8:33 am

    BTW, they charge you a certain % of the property price as a service fee…

    Profile photo of god_of_moneygod_of_money
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    March 6, 2009 - 8:32 am

    walp, just becareful using Cashflow Capital service. They have basically inflated the rent so that it looks attractive in first 1-2 years. Majority of their properties are in the mining town or small rural town(recommended only for speculative investor).

    You can easily find an apartment or unit around sydney area with almost neutral gear i.e. 6-7% gross return.

    Profile photo of god_of_moneygod_of_money
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    March 6, 2009 - 6:54 am

    Stash your cash under the pillow… :)

    Profile photo of god_of_moneygod_of_money
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    March 5, 2009 - 12:27 pm

    Yanhong,
    "…but at least used more comparable properties in assessment.. " probably valid if you buy through a buyer agent…  :-) :P

    Profile photo of god_of_moneygod_of_money
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    March 5, 2009 - 6:25 am

    When I bought my property few years back.. it was listed at 420k… I asked for independant valution… valued at 365k (costing A$200-300) I then put in an offer of A$ 320k… we settled at A$342k. The bank valuation is 360-370k. and I got it revalued by REA few months later for 380-400k. very skeptical !!!!
     
    Always use independant valuer… never go higher than bank valuation…

    Profile photo of god_of_moneygod_of_money
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    March 5, 2009 - 6:20 am

    I always get independant valuation if in doubt… don't believe REA (bunch of suckers)…..
    in this economic climate, I will just walk away… losing 0.25% deposit is better than 40k down

    Did you get independant valuer???

    cheers

    Profile photo of god_of_moneygod_of_money
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    March 5, 2009 - 2:16 am

    If you want to buy for PPOR.. then buy in your name or your wife's name or both.

    Profile photo of god_of_moneygod_of_money
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    March 5, 2009 - 12:04 am

    How do you know that you valution is 280k from purchasing price of 260k…9 months ago
    Sydney's apartment  price is down across…

    Profile photo of god_of_moneygod_of_money
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    March 5, 2009 - 12:01 am

    go to infochoice.com.au
    you can enter you data and it will calculate for you

    cheers

Viewing 20 posts - 681 through 700 (of 949 total)
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