The new positive reporting which is due to come out next year will work in your favour. Instead of just being able to see applications, they will have the ability to see how much you have actually borrowed.

It was done in the past few months in NZ. They raised over $1M for a $1m property

Great thanks Richard, helpful as always

I haven’t bought the software, but was at the conference and am an experienced trader. The presentation was all hype and little substance.

Of particular concern was no mention of the risks of trading and an expectation of continual profitability every month, especially in the follow up workshop.

The kind of strategies he was promoting can be…[Read more]

Places like The Rocks in Sydney have that potential in the corporate rental market as furnished apartments.

Also check with your lender what their minimum apartment size is that they will lend on. Some one beds won’t be lent on depending on the policy and size. It may also affect your LVR requirements.

Don’t buy in Surry Hills. They are selling the apartment I currently live in, expected sale at auction is 450-550k. It is one bedroom, 30 years old and not spectacular in any way.

Hi everyone.

WAs my first conference.

Really good and useful… Steve, koulizos (how many others actually put their rep on the line and tell you the best places to buy and his undersold product was under $40), carly, parkers, rolton, tax lien guy

most productive time of the conference… Peter daniels talking. I zoned out and used the time to…[Read more]

Many people were ridiculed for predicting the GFC, some of the most notable are Nouriel Roubini, (AKA Dr Doom) and Peter Schiff. If you google Peter Schiff you will see many you tube clips where he is arguing his case strongly against other “so called experts”.

They are really strict on rules for deposit bonds.Was really unimpressed when I tried to apply.

The most competitive forex rates from a trustworthy company will come from Oanda http://www.oanda.com

I signed up under a package several months ago which included tickets to this event. It was also meant to include a separate forum for participants which has never eventuated. Really unimpressed about that.

I am also flying in from Sydney. Hoping to find out lots of great tips on building new developments.

One of the key reasons to hold gold and silver is in the event of economic collapse or near collapse. I’m not familiar with the site you mention, but having someone owe you real gold or silver is definitely not the same thing as actually holding the physical asset during a financial meltdown.

INTERNATIONAL EMPIRE wrote:
What about what London has proven for the last 1000 years?Food for thought….

clkhoo wrote:
The argument about doubling in house prices based on historical trends may not go on forever.Like everything else it's easier to grow from a low base, e.g. from $50K to $100K, but if its from $500K to $1,000K it is more…[Read more]

Actually, very few currencies are pegged to USD, such as HKD and CNY. The vast majority are floating.

If the USD collapses:
1. Gold and Silver skyrocket they are not fiat currency
2. Oil and other necessary high demand commodities also go through the roof
3. Other countries with similar policies (printing currency and significantly increasing…[Read more]

I should also add that a company like that should be advising you on the best way to maximise your profit taking into account the following:

1. Build cost
2. End sales value
3. Demand for different construction types in the area
4. Maximising the number of units allowed on the site
5. Profiling who the target purchaser would be. (i.e. retiree,…[Read more]

I think that you will find that a property’s value to an investor and the potential maximum sale price are two very different things in the current market. Yields in Sydney are often as low as 3%.

The real question you should be asking is “how do I maximise the sales value of the property?”

It is quite likely that by strata titling and selling…[Read more]

I have just purchased a house in South Gladstone on an 868 sqm corner block, zoned high density residential. Looking at eventually (when I have enough capital behind me) moving the house to another property and putting 6 units up.

Gladstone is my number one pick in Australia for capital growth, given the huge investments going on there in the…[Read more]

Not sure if the price is reasonable, but given your lack of experience it sounds like getting professional assistance was the right move for you

Probably the key things to make sure of through their services are:

1. That it will make a significant profit after all expenses (including theirs) are taken into account

2. That you will be able to…[Read more]

Are you sure you are eligible for a larger loan?

Full time minimum wage equates to around $30k per annum and you already have $200k of debt, which would put you at the extreme limits of borrowing capacity already.