thanks for your help. And the rest of you who has view this. Think harder before using CBA in the future.

Dear Matt and Richard,Thanks for your help. Has anyone successfully sue the bank before for something like this?Cheers.

Hi Matt,I suspect that is the case. Being a broker yourself, do you feel that the Big 4 has a lot to answer for?I feel that the settlement process requires improvement and does not seem that anyone is accountable. I assume that there are no regulators that has the balls to go up against the big 4.

Dear ShanShan,That is a good question. There are too many companies to choose from and there are mostly just an offshoot of the selling department.I suggest you find a company that is created by Investors to look after investors. Adprop is created by Xenia and her business partner. Her contact is [email protected]. Mention my name. I lived in…[Read more]

Good news Yossarian. Finally, cheaper house price on the way. I suggest to you all save up to pick up some bargains.

Hi All.It is definitely a great subject. When it comes to investing strategies, there is no one way. What I have learnt is our perception of risk and how much of it we think we can take on. There are countless books to read and research. Depending who you read and likes is the one that you are most likely to side on. Robert Kiyosaki, Peter Span,…[Read more]

Hi Guys. I too have considered Destiny. I think her branch is pretty good.Just wondering whether anyone have a contact for a investor group in Sydney CBD. Would love to do more regular meetings with like mind people.

It is sometimes OK to hold a negatively geared property. If we do our homework right there may be other factors at play that may give you good capital growth ie. nearby development such as what is happening in Port Adelaide or a mining town boom nearby. There are lots of experts who do not believe in selling as they like drawing the equity down.…[Read more]

LOC is really good if you want to quickly draw down to purchase a good deal. I have done it twice now and it is really working for me. But the danger with LOC is that you start losing track on what you purchase it for. But I do know that Suncorp has something similar to LOC but does it differently. It is worthwhile to talk to a representative.

!

Nice to see that you are back Xenia.

?

Hi Wezwaz. Not that interested to tell you why. I can tell you tell we will make more money in properties if Liberal is in power.

Reading j

Hi Wezwas. Labor did not advertise to lower IR. The Reserve Bank is an independent party that controls IR based on numerous internal and international factors. This is the irony of the whole thing: Liberal promoted IR being all time high when Labor was in power. They accused them of mismanagement. But when there were 6 IR rise since Liberal was in…[Read more]

Wezwas, you will be waiting for a while if you want interest rate to get <5%. Oh by the way, I am sure there are plenty of rental properties around…. Want to move to Port Augusta? You can rent mine once the next tenant moves out, while you wait. Oh try Roxby Downs I am sure you will enjoy the endless view there, while you rent

Do not mean to offend anyone but only Yossarian has a clue about what it happening. His honesty has my fullest respect. And the rest of you, for God sake please read “Robert Kiyosaki” latest book on the global prediction and read the financial review. The question is, did we vote for the party that will make us rich quicker or slower? Or the one…[Read more]

I agree with you HGwells. Many people think that the world revolve around them. Hardwork, research etc  are the only way forward. I too have found +ve cash flow properties recently at >10%. Capital growth >15-24%. I brought one and wait to build up some cash to buy more. Wish those pay checks come earlier. Refinanced recently. I have 3 so far and…[Read more]

thanks for your thoughts.Terry you are right about the depreciating bit. To my surprise the house price in this area either in the caravan park or normal suburb are increasing. There is capital growth as I mentioned which is quite cute. Depreciation of the actual house is expected, whether on paper or reality. It is very likely that I will hold…[Read more]

Hi. It looks like you got lots of cash to invest. I suggest that you put it in a properties that has withstand the weather. I am renting an apartment in Five Dock at the moment. They are asking for $750 for a 2 bedrooms. What the buyers are not aware of is the foundation in the underground carpark is cracking and water are leaking everywhere is…[Read more]

Those who exert negative feelings about how people are motivated enough to use an alternative legal method to earn a living do not understand the most basic meaning of life. It is freedom of choice and to do what they want in life. The weirdest thing about these people is that they will end up retired at the age of 65 and said that they have…[Read more]