Freckle wrote:
WE have the lowest interest rates around for yonks, the Fed buying $40 odd billion in RMBS every month, a juiced up economy and builders cutting every corner in the book along with lenders.

Sounds like a recipe for another property disaster.

Absolutely. 

Funny though as the article above points to a disparity between new…[Read more]

Not excited. Government created bubbles don't do much for capitalism as a whole. Great for banksters though.

Why the heck are you two up at such ungodly hours, go to bed! 

Freckle wrote:

The US prints money to pay the interest on the money it printed into existence since 2008.

Dude you're broke. You just haven't accepted it yet.
 

More like since 1971………or 1913 really. 

I guess the question is, can you get your principal back before the USD goes completely poopooed? 

How about an option for adding yearly expenses on each portfolio (i.e accounting and structure upkeep) in the portfolio summary page.  Currently if you wanted to add these on you would need to put these cost into one of the properties in the portfolio and when examining the property separately you may get falsely lower results.

Regarding IDanother possible add on in future updates would be,An option to split the deposit by a percentage or amount between cash, loan & equity rather than jst a choice of the three. for example, 20K deposit, of which 10k is cash and 10k equity.

Oh I have a suggestion for an add on for ID already.How about an Amortization schedule page in the budget section

Thanks Scott & Secure Server 1.Wow a 50% profit share. I guess that would be for large land parcels with phased building or some other incentive like high land value.Both of those situations would make for a higher profit ratio on the cost of building – land holding costs so I guess a higher % would be completely reasonable. Im I on the right line…[Read more]

Oh yes, now I  re-read, a little ambiguous. Developer. There landlords reward would be for the followingholding costs for the property (as they would receive they payment for land sale AFTER the development is done and sold.associated risksand I guess and incentive to sell

mattnz wrote:
Interesting to note rents in Dysart are dropping all the time, now as low as $400 per week to get people in and as low as $450 for a 3 bed in Moranbah. I get the impression the glory days are over for a while.

Also, I have been informed that a new housing estate is due to open up (i think in Dysart or close by) exclusive for one…[Read more]

'Biggest issue these days is finding a first mortgage lender that will knowingly allow the deposit funds to be borrowed.'Thanks for the responses guys. I thought the above might be the case. I can see some tasty advantages for the vendor to get them eager to do the deal. Hmmm, assume I had the cash reserves (about the same as or more than the 20%…[Read more]

Hey Guys/ GalsWhat are your thoughts on Moranbah? Price to Rental ratio is obviously good but in terms of sustainability etc.