Forum Replies Created
Ummm… I’m pretty sure that was a joke Sach. [
]Crashy is harsh, but he speaks the truth. [
]ajwans – Yep, understand that. Though I don’t really like the mentality of people that think like that (not that I’m accusing you of thinking like that, don’t get me wrong). I prefer win-win situations not zero sum (ie one wins – one loses), and think it’s better on a personal and social level. [
]Still, you could argue that it is win-win during those times as they are looking to bail and we are faciliting that wish. [
]If those figures are anything to go by, it shows that during ‘busts’ -ve property owners will be hurting big time. Losing cash on a property when its not appreciating in capital value must be a real bugger… [
]Obviously during those times your +ve properties are gonna be worth their weight in gold – so with all the talk about a ‘bust’, even more reason to look for +ve (though I still think looking in capital growth areas is a must).
Yeh I only check these forums during working hours.
1. Cause the internet at work is faster.
2. Cause I do all my property searching at work.
3. Cause I’m too lazy to dialup from home. []Thank goodness that isn’t the cover that was originally released cause it is nasty… [
]I’m 25. Brought my PPOR at 20 (just before I got married) and brought my first IP at 24.
Looking to buy some more IPs but finding it hard to find +ve properties that are still for sale… hehe (ie they always seem to be sold by the time I find em).
PS. I wish I’d found this site back when I brought my PPOR, cause based on prices back then I would have many more IPs than I do now… [
]That would be a sweet as opportunity for some wrapping… you could add on 4% interest and STILL keep your wrapee happy… hahaha [
]Excellent suggestion by Mortgage Hunter. Write up some contracts saying they can keep the money in their offset account but NOT spend ANY of it and also stipulate that you can withdraw the money at any time you feel fit.
That way you’re helping your friend, while also keeping your options open. [
]Or you could go into the western suburbs – 10km to city, period style houses and starting to shake off the stigma from past generations.
Though if yuppy is what you want, then nah… you won’t like it in the west.
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