Hi Grant,

I would recommend you have a look through the 'overseas deals' sub forum https://www.propertyinvesting.com/forums/property-investing/overseas-deals   This subject comes up periodically over there.  Alternatively you could do an advanced search on US finance.

From what I've read much of the available finance is through hard money le…[Read more]

Hi Grant,I would recommend you have a look through the 'overseas deals' sub forum https://www.propertyinvesting.com/forums/property-investing/overseas-deals   This subject comes up periodically over there.  Alternatively you could do an advanced search on US finance.From what I've read much of the available finance is through hard money lenders on…[Read more]

Partially bj, I do agree that there can be a problem with recklessness.  But it seems overplayed in that the second little pig is a bit of a straw man.  Distressed mortgages and defaults do occur but are extremely low.  The story seems to be aimed at scaring people rather than looking at sensibly approaching risk, lifestyle choices and vision fo…[Read more]

It's one thing to look at buying OS property with foreign currency (assuming you're servicing it with the same foreign currency) but an entirely different situation buying Australian property with it (or more specifically servicing USD debt with Australian Dollars).  Like SNM says, with the AUD at historically high levels the main risk is that…[Read more]

It's one thing to look at buying OS property with foreign currency (assuming you're servicing it with the same foreign currency) but an entirely different situation buying Australian property with it (or more specifically servicing USD debt with Australian Dollars).  Like SNM says, with the AUD at historically high levels the main risk is that…[Read more]

Nice allegory but it seems to be a bucket of cold water on aspiration.Kevin who then should own property?  Are you advocating a return to serfdom?  I'd be interested in your thoughts on this especially for the third little pig.Andrew

Congratulations!  From reading on here I know you've worked hard already to get into investing and have a knowledge base. Hopefully it's a good apprenticeship program that can provide you with some good support and a big leap forward!

I find it interesting that you don't like the idea of removing a tax.  I think you're probably right that they'll just increase tax somewhere else but perhaps they'll defer some spending till the tax take catches up in a couple of years.In any case whether it lowers house prices or not I think is a secondary issue.  For me the less the tentacles o…[Read more]

I did a renovation a couple of years ago in the city of Monash and the builder paid the bond.

Hi Guys,Melbourne is a big place.  If you narrow it down it might help to get recommendations.Andrew

Over the last year or so I have followed with interest the talk about bubbles, corrections, and Australia's unique impenetrable position of always higher property prices.  I have to say I'm still none the wiser.I like the fact that ummester has tried to nail figures to a definition.  Good job!!!  After all it has to be more than semantics?  Per…[Read more]

I completed a renovation three years ago and was fortunate enough to fit all 4 even though the layout made it quite tight.  If I had to ditch something it would definitely have been the (spa) bath. For me, showers and toilets are far more practical and would get daily use.  I think it would be seen more favourably by a potential buyer than an e…[Read more]

It's interesting too Henry that the median price for units is only 339k. (Domain.com.au says 310k).  Big discrepency to 435k.  There would need to be good reasons that the price being asked is worth it.  Check out domains info here http://apm.domain.com.au/Research/?AddressLine=Coomera&LocationType=Suburb&State=QLD&SuburbId=8804  Very few unit sal…[Read more]

wisepearl wrote:

itsandrew wrote:
FYI the pics aren't showing up atm.  Getting a message on the page that says " Oops… there's nothing to see here …"

that might be because i forgot to change album view to public, oops… might work now

All good now.

Hi Emma,FYI the pics aren't showing up atm.  Getting a message on the page that says " Oops… there's nothing to see here …"Andrew

Is there any reason you are set on building rather than finding and buying an existing dwelling?  Sounds like it would be difficult to manage a build if you are FIFO for four weeks of every five.

Thanks Peter

Hi luke (or anyone who knows),What's the time lag between actual sales and the time the data turns up in paid suburb reports like my rpdata?Andrew

I've seen this group from Perth post on the website but I can't say if they are any good or not.  http://www.activepropertynetwork.com.au/It might be worth checking out a bit more.Andrew