No worries.
Some markets are moving really quick – whilst others are starting to rise, some are steady and others are dropping. There are so many markets within the country so there will always be opportunities.
In the mean time, stick around the forum and continue to ask questions and provide input. We’re a friendly bunch :-)
Cheers
Jamie

^^^^
What Benny said.
If I could give you a virtual thumbs up LJ I would :-)
Cheers
Jamie

Hi Rinoa
Welcome aboard :-)
Personally, I’m not a big fan of using  a guarantor to purchase an IP. For a ppor I think it can be worthwhile but for an IP, it’s kind of mixing business and family which can cause issues.
Property investing isn’t a race, another opportunity will pop up when you’re ready to purchase the next one.
Cheers
Jamie

Hi and welcome aboard :-)
Give the ABS a buzz and see if someone there can point you in the right direction.
If they have data for states – I wouldn’t be surprised if they had it for capital cities.
Cheers
Jamie

Hiya
Generally speaking, a negatively geared property isn’t the end of the world providing the property grows in value.
Having said that, it sounds like this might not be the case with the particular property. If it’s costing you money to hold onto and there’s no scope for future growth than it might be worthwhile cutting your losses.
Explore…[Read more]

Flick Richard Taylor or Andrew Allen a PM. They both operate out that way so will have some recommendations.
Cheers
Jamie

Valuers will often value a property at purchase price if the reval is conducted within the first 12 months.
However, if the property was newly built, you may have some luck.
What’s the current LVR?
Cheers
Jamie
 

Hi Keren
Good point re the search function  – I can’t see it either.
All the customers I’ve shared with James have been happy ones. I’m not sure if he’s still doing accounting though  – you’ll need to check with them.
Cheers
Jamie

House of Wealth usually get a good wrap.
There will be other recommendations on the forum too – just do a quick search and you’ll find them.
Cheers
Jamie

Yeah it looks a bit convoluted – once the web guys fix it up, you’ll get some responses.
Cheers
Jamie

I can’t click on any of Terry’s website links :-)
Cheers
Jamie

I personally haven’t seen it refunded when a borrower has moved to another lender.
Cheers
Jamie

Hi Steve
Thanks for hosting the site.
First thing I noticed was an inability to quickly look at the most recent posts – it might be possible but I can’t find it.
My profile is playing up too. It logs me as another Jamie M who was a member 7 years ago and posted once. However, when I post in the forum it shows my avatar and user details as…[Read more]

You need to get a spot on the apprentice :-)
Cheers
Jamie

By the way – is that your dog in the pic? I'm a sucker for brachy breeds – I have two spoilt pugs.

Cheers

Jamie

Hi Hifo

Welcome aboard.

First thing you need to do is commit to an area – it's too hard staying on top of every capital city market and it will drive you crazy.

Once you've decided on an area – work out whether you're going to source the property or use a BA.

With your PPOR it's important that you don't tie it up with your IP – lots of bankers…[Read more]

Shank wrote:

My aim is to grow my portfolio, so would keeping it be a good move with this goal in mind?

Cheers

Makes sense to keep it then – especially if it's in area with growth prospects.

Cheers

Jamie

Nope – that sounds pretty good to me Little_Stone

I'd prob sit on it for the time being if it's not costing me anything to hold onto and if I don't have any immediate use for the money – unless there's a strong chance the value will dip.

Cheers

Jamie

Hi Shank

Welcome aboard.

What would you do with the money of you sold it?

Cheers

Jamie