Totally agree with Redwood. You’re not going to go wrong in the long run investing in suburbs such as Burwood. These sought after areas will never have a huge drop in value to make it worth while waiting the extra couple years to invest.

If it fits your criteria and in your budget then pull the trigger.

Also, perhaps a quick make over might…[Read more]

Haha yes I am very cashed up! I don’t understand people. They over complicate matters. I have a mate waiting to buy since 2007, keeps telling me he’s waiting for the big drop in property prices. Reckons prices will drop at least 50%. While he’s been waiting I’ve added 3 to my portfolio.

If you see a good opportunity now to purchase a property…[Read more]

Wait for what exactly?

Don’t be silly by going to the bank. Go through a broker! There are several good ones here- I’ve used Jamie and highly recommend him.

I would also be interested. You’re right though, all the meetings are always in the CBD and South eastern suburbs. Too Far if you live in the west.

I’d be contacting Jamie if you want to structure things correctly and solid advice. As you can see he’s a good looking man but certainly don’t need face to face meetings. Just a good phone and email.

Close jp, it’s in Altona.

Actually I will soon.

$645 is a very conservative valuation. A similar house around the corner on a main busy road sold for $620k. It also needed a lot of work.

The profit in this property will come when I build a rear unit at the back. Three bedroom units are selling for around $480k in the area.

Richard pretty much owns half of Qld and is very successful.  He wouldn’t have what he has if he doesn’t know what he’s talking about.
Must admit he has been grumpy past few weeks.  I hope it’s not old age getting to him!

This is the reason why Freckle doesn’t get invited to dinner much.

Took me 20 minutes to work out how to login.
Not happy Jan!

Everything is great apart from the visual side of things.  Feels like i am trying to navigate through a forest.   Sometimes less is better.

Don't you wish they broke your arm in the process of dumping you to the ground? You would have been a millionare from the pay out.

Arun Bhuta wrote:
Dear DerekLangan,
I will strongly suggest you go to broker whom you can meet in person.

Don’t see the point in meeting a broker face to face. I’m sure my broker is very good looking but telephone and email is more than enough to get the job done.

Jp I thought you were over property for now and sold most of your stock? Can I ask why Geelong?

This is a clear example of why you need a good broker on your team. A mistake like this will cost you thousands.

Terry you need to read the post after you’ve consumed a slab of beer. It then magically becomes crystal clear.