i no, tell the old people you have a nicer house they can move into for $1 but the lease expires when they go into a retirement home or they die and if they agree then the house there in at the moment goes on the market at full price.that way they might be gone by 2015 2020 but maybe thats already the deal with the house they have at the moment…[Read more]

10% yeild, you would want more than that. 10% you can find with no problems

is this resisential or commercial

kiwi property guy well said. Ive made plenty of offers and i no lots have not been presented to the vendor's but to me the agent is a fowl not to present the offer because you just dont no what the vendor will really take in today's market and my offer is proberly lower than most which if the agent took the offer to the vendor and even if the v…[Read more]

never heard of that before when does there lease run out. and how cheap is dirt cheap.

mmmm you have to have your toys every now and again. got a hsv cluby at the moment but gonna ditch that and get a gto monaro or next model up cluby. but if a good property pops up and i need the cash i will dump the vehicle. will i loose money probaly not. last vehicle owned was a dodge ram 1500 pickup 2004 nice to drive but to big to park and it…[Read more]

thats odd crashy i do it all the time

get a lawyer to draw it up. be carefull and make sure if they cant come up with the finance after 12 months they loose all dollars paid to you. make sure they cant get out threw a loop hole

hi sulo good idea being creative. but offering a $50 voucher will probally only attract people with no money not something i would offer. offering a free weeks rent would be better

water your 20% deposit is also worth something lets say 5.81% and if you got the house for $220k that means you would need the property to return approx $13k p/a plus rates insurance vacancy etc so now your easily at $15k p/a and with a rental of $250pw will return you $13k and your still out of pocket $2k so this property is negitivly geared. i…[Read more]

it is both resi and commercial but still need a lawyer on the goldcoast to do all paper work when i buy property. and sometimes i lease my own property's out so need a lawyer to do up a lease. cheers

an approx rate from the big banks would have been fine.thanks godofmoney thats what ive been looking for

tony b. theres deffinitly lots of builders folding but theres still thousands able to survive but are struggle or they have there own savings to survive, but the reason builders and other tradies out there cant drop there rates is because they still need to go and pay for all their timber etc which is still at a high price higher than a couple of…[Read more]

woodynads.let us no what you find out with breaking the loan and not having to pay exit fee

hi you would struggle to get 100% finance unless you already own a property with equity. the 21k is only eligible if you buy a new house or its 14k for a second hand house. yes you could use your fhog to pay of your car as the goverment can put it in your account from what ive read on pi 

here to learn. thats alot of money to waste at a seminar. your better of putting that $10k into a property. or pick up the phone book and go and see 3 lawyers 3 accountants 3 brokers etc which will probally cost you $1,500 and you will learn more from these people than you would at a seminarbut thats only my thoughts and i havnt red what others have posted

you should go see your bank/broker and see how much it will cost to break your 8.95% loan and take out a new loan around 5% or 6% then both those units will be cashflow positive

we are in a reccesion and things are deffinitly slow  for lots of businesses and i think if you buy property over the next 2 years you should make sure you can afford to pay the payments good or bad. theres lots of people out there at the moment that can't get finance which does not make it easy to sell a house, so there will be more coming on…[Read more]

Shit a 10 year ressesion i think you should all be worried and sell your properties now. And then ile come along and buy them up. Why would you need to worry about what others think or predict.

bottum will probaly be around end of 09 threw to 2011 and then it will start creeping up again. you will prob pick up deals upto 40% less than a year or two ago. buying a property today or tommorow is good either way as long as you get it at a bargan price