does any one want to clarify here, that fhog applies to every property (including new and existing one) ?

as my understanding of reading, the fhog and victoria grant (12000), only apply to new home, existing building only have fhog ?

is that correct ?

what is the main stream of income ?
dodo internet already have the same thing happening, they are retail store, provide coffee, light cake, and free internet, just need to sit down and use the facility.

mission ? to provide internet access ?
– dodo is already providing one, this is in VIC, but if different state, maybe different.

that is my…[Read more]

i am about to buy one as well, in the surrounding area (seabrook) for my ppor, i don;t really think it is undervalued, what i think it is an area where i can afford with my budget, similar distance on the eastern suburb will be asking around double the price, which sounds very overvalued.

and for rental, i think it is very hard, since there is a…[Read more]

Mortage adviser, that looks like a good figure for me. 6.76%, if my broker/lender behave badly i might just go and look for you.

cheers

what sort of price are we talking about here ? i just read a recent article on one of the web.

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WASHINGTON (Reuters) – Sales of existing U.S. homes rose 1.0 percent in March to the third-highest level on record as an increase in single-family sales offset a dip in sales of condominiums, a…[Read more]

i am almost in the same situation as you, i have to wait for 1 year for my first tax assestment, before i can get a loan at 6.74%, otherwise, low doc, 8%, sound like the broker try to rip me off. so i don’t go for it atm.

Share market ?

any one in melbourne ?

thx

Hi tim, not trying to be smart cookie here, nor you need to listen to me, as i am still trying to find my feet here as well.

what i think would be better is learn and study the subject of investing itself, for ex: share market. when to get in, get out, p/e ratio, etc.

And maybe start a little team/circle which you can discuss this, and take on…[Read more]

i need someone to talk to regarding this matter as well (investing), how about if we formed some small circle of people starting out in IP, i need some mentor and guru too.

Cheers

everytime my agent/landlord increase the rent, i moved out (because of greedy land lord), being such a good tenant i believe that we should be treated fair as what we treat the property (i look after the property).

Depends on what type of tenants that you are facing, it will be up to you to make a decision. Of course i will be looking around my…[Read more]

so what is the likely trend in the near future ? will we see a likelyhood of price correction or it will stay flat ? i know this is a very hard question since it is determined by a lot of factor that we coudn’t tell or predict.

in that relations, will it still be better off renting now, rather than buying and save up more deposit ? since we can…[Read more]

Price of the property is around $280k mark, Goal is +CF on propery, but i do understand now it is very hard to get now. most of them after putting into calculator, require about 50% upfront, so i guess my question is answered by redwing already, when i found +CF property, i just have to redraw using current mortagage ? or pay it off then get…[Read more]

Income: self employed: average about $1600/month + spouse income of $2000/month (all net).

expenses: usual house hold expenses (food, grocery about $200/week), car ($40/week)

no any other expenses, as all paid off.

property purchase type is 3 bedroom house, in either northen or western suburb of melbourne.

hope that is good enough, ask for…[Read more]