love the name old school skata….. very clever. and yes i like your opinion about oil prices and property. i hate nothing more than cutting the grass…..

just reiterating what others have said here. GET A PEST INSPECTION DONE! During a routine inspection last year at our ppor, a nest was located and removed. there was some stud damage however nothing major. I don’t believe there is really any cause to panic. Most property’s in Australia are susceptible to termite infestation. As long as you are…[Read more]

agree with others here. seems like your expectations are a little unrealistic. on what basis have you come up with the $60000 offer? have other reno-type pptys sold for this? and as foundation so rightly pointed out if you can grad such a reduction on the value of the ppty why couldn’t others post-reno. getting back to your original question, with…[Read more]

firstly good luck with your future job prospects.

we are a single income earning family and just this week buy our 3rd property. [biggrin][biggrin] i certainly dont consider myself to be on top dollar either.

you make no mention as to your current property arrangements; do you currently own? renting? etc. if your husband works full time then…[Read more]

i agree, what different strategy???

hi gramyre

in recent forums i too have noticed the `doomsday’ phenomenon, the cycle has reached the top…yada, yada, yada…..

i do agree that as part of ones overall investment strategy risk and quality of investment are two major factors. the other is the fact that if you enter the market at the top of cycle, you obviously will not make as…[Read more]

the `bad’ debt problem in this country is staggering. why the hell do people need credit cards anyway???? i consider myself as someone in a reasonable good financial situation and refuse to have a credit card. in fact i dont have any bad debt and so i sleep very well, thank you very much! the thing that really p’s me is the number of letters i…[Read more]

ahhhh, spanky…. never a truer word spoken. well done for speaking out like you have. i too have times become a little `over’ the opinions of some who say that buying at the top of the cycle is not a good idea. for who? i am yet to meet someone, anyone who proclaims that they know the timing of the property cycle. i say as long as the numbers are…[Read more]

welcome vjm to the forum. like you im pretty new also, and learning heaps. however it views like that of torachan which lead to confusion im afraid. whatever happen to the golden rule of property investments which says that it should be a long term investment, 10-15 years or more???? if thats the case it surely shouldn’t matter that you buy at the…[Read more]

hi ref

i really think you need to be speaking with a qualified financial advisor. i dont think this forum will address your overall financial position adequately.

if i was to offer you advice on the property, it seems a little odd that you are renting and paying off an investment property?? i think if i were you i move into the property and with…[Read more]

zac-moose, sorry to rub insult into injury, but not knowing your personal situation, like most here i would have thought that the rent in the bank was necessary to pay your mortgage payment (unless you own outright???) in this instance if the rent wasn’t in the account i too like others here would be having some very stern words with the pm to…[Read more]

hi brad,

like you i started when i was around 18. i too found it difficult initially to get anywhere with the banks, esp. on my own. after speaking with my fathers bankers i was able to get something arranged. my advice to you is that it certainly would be possible to do something. check your numbers and get in touch with a broker. try to build a…[Read more]

that doesnt sound too bad. anywhere up and down the queensland coast is a good investment i think. i agree that it may have had its run. as for positive cashflow, i think it would barely scrap in. not including rates, maintenance, strata levies??? you have a positive difference of $3380 (based on 6.5% int.rates). still better to be slightly…[Read more]

finding +cf properties in todays environment is like trying to find a golden egg!! well done for asking the question, however i hardly think you will get people on this forum telling you where to find the golden egg. i think now investors need to make investments +cf by identifying growth areas, negotiating the right price and obtaining the best…[Read more]

i just bought a property in tassie, and the agent was asking for a deposit with my written offer. I rejected this request and advised them that upon acceptance of the offer by the vendor, then I will send my deposit. not sure about anyone else, but prefer MY funds in MY account rather than funds floating around…..

hi ty! thanks for your feedback and wishes. appreciate your view.

hi all

my first post here. great to see such a vigorous forum dealing with property investment. i kind of wish now that i read a few of the comments regarding investing on the west coast of tassie before buying.

so yes ive just bought a 3bdr in q’town. on a good note, the vendor will lease back the premises for $120 p/w for the next 12 mths. the…[Read more]