Catalyst wrote:

Jason700 wrote:
to be honest… just wait 7-10 years for the property to double in value and keep renting it out until then   Well those are my thoughts anyway.  Buy and hold (then leverage)Cheers   Jason

IF you can afford it. 2.5-3% is WAY too low for me to hold on and hope for CG.That's one hell of a loss EVERY year. You wou…[Read more]

Ah okay… Awesome!

Really?  Okay well then my research was flawed… Can you further explain that a little? 

The thing with US properties you have to be vigilant on is a few things (as I recently thought similar thoughts).You are better off buying the property outright than getting a loan attached to it because a) banks in Aus won't (will very rarely) lend you a loan b) if you manage to get a loan you are playing with international exchange rates.Between…[Read more]

To be honest with you Stringer… I do not know about that area at all.  But some basic tips/thoughts to improve your investment property is.Don't just look at capital gains but also rental yield.  Are you able to rent this property for a decent yield or is it not worth the hassle (my bets are on that it definately is worth renting out)If old a…[Read more]

Look I'm gonig to have to agree with a couple of the people here.  If you manage your investment property yourself you will run into various problems.  However, I'd like to point out one majour problem and that is…If you are looking to rent it out immediately then it may take you some time trying to find the suitable tenants.  Time = money.  The…[Read more]

There is part of your question which hasn't been answered.  Which is, what type of property should you get?  And the answer is basically, it depends on you and what you want and what you are used to.  I can understand why they were pushing apartments as there is generally less costs involved and in a few capital cities, such as Melbourne, to bu…[Read more]

to be honest… just wait 7-10 years for the property to double in value and keep renting it out until then   Well those are my thoughts anyway.  Buy and hold (then leverage)CheersJason

I think the right questions to ask are.Am I going to live or will I live in said house?Do I want to sell in the short/long term?Whilst the rental yields might be at 9% or higher what is the vacancy rate and do I expect to get a good rate of return?Am I using capital or am I taking out a loan from a bank/credit union that is…[Read more]

Hi Je,Looks like you being sent on a wild goose chase… Let me put it in perspective for you.  You are selling investment property.  Which means lets say you get a sale.  They put a 10% deposit down and then they pay the rest on the date of settlement which could be a year or 2 away.  Do you get money when it settles or when the deposit is paid…[Read more]

tbh why don't you talk to a professional and get them to give you their advice… I mean you don't know us, <moderator: delte language>. Anyway thats what I think

Alrighty Ravi,Nice thinking of going in the property development area.  For starters you're gonna run into a lotta problems if you think about buying a property or what not before your 18 (yes tax is a bitch) so in the mean time I suggest you learn more about the property industry.  If you're still in school stay in school, if not I suggest g…[Read more]

oh and I reckon if you go the casino… you should invest in mining towns

wow there's heaps of comments on here… but from what I understand… I reckon they're high risk and you'd probably wanna sell before the bubble bursts right… But how would you determine that… Lots of research… Property is meant to be easy I reckon you're better off investing into capital cities esp Melbourne and Sydney and that way you…[Read more]

yeah dunno…. I reckno you should just google it no?