That Loan Broker you mentioned, sounds like the one I use.

She has told me about the dud she bought too, but I like her honesty, we are only human and know one on this forum has not bought a dud before, surely.

She is really great, she has got me out of the mud before when I was cross collaterized, and all my IP loans have been far from text book, great work ethics and I find her comforting to have by my side when going for loans, she is a wealth of knowledge either a phone call away or at my fingertips.

There seminars are also quite honest, they only push a little bit of there company, but they need to, they all do. You can walk away with allot, and I usually do.

I also use there PM for one of my IP, I think they are a little pricey at 9.9% but she also has found me great tennants, very detailed inspections, and keeps me very much up to speed with the property in regards to maintenance.

I was going to use there Buyers agent once, but eventually shied away from this, at the time I was buying an IP in Melbourne, he was dead against it. I soldiered on, it has been so far a disaster, obviously there a a few underlying factors, but he was right.

In saying that though he has since left M.W and is working in Melbourne as a B.A??? I put this down to life style choices.

One last egsample, I recommended my broker to a guy I live with who was looking at an IP and had an offer from a bank.

I suggested to use my broker, in the end she could not get him a loan with a lower interest rate and said to him 'You would be stupid not to take it, if the lowest interest rate is what your strongly after'.

So he went ahead without her, fine. It showed me that she had his interests at heart, although I tried to tell him what's 0.35% when atleast with her she will keep you informed of upcoming changes and keep an eye on your loan, and give you ongoing advice and begin a repoire, she made it easy for him to NOT use her and did not pest him.

I for one, like that.

In Summary, I use them and am more happy than less, and confidently recommend my broker or PM to friends.

The government's announcement today broken down -* 20 billion dollar contract
                                                                                                   * 6000 jobs during construction
                                                                                                   * 1000 ongoing jobs

Let's break this down….. 20 billion dollars only gives us the sense of security in longetivity for the "ongoing jobs".

6000 jobs at it's peak during construction means 1000-3000 will be white collar, so they will be beached back at the office.

The other 3000-5000 blue collar 80% will be in purpose built construction camps.

1000 ongoing jobs I would be surprised if atleast not 50% of them are fly-in fly out.

So where does that leave the investor? and what will the locals be left with?

Hard one. If you can lock in a 5 year lease on a private property with the contracting companies or the client that may serve you well.

I think commercial property (industrial), retailers and crafty small local businesses will do best from all this, get into it locals,

all the best I hope it works out.

What is the 6 year CGT exempt rule??
I thought you had to live in it for 12months before
you void CGT on sale!
Or is that a W.A thing?

Agreed, If you have enough equity to draw out into a LOC to be used later
for a deposit than do it. I don't know much about this industry but I have had my fingers burnt crossing before,
only because I didn't know enough about it. The posts your are receiving sound correct, listen to it.
Good luck

This may sound stupid but what does CF stand for?

Hi,
I am also new to the investing game and this forum, still learning allot abd trying to make the right choices.
So this is not me tryig to give you advice because Property is not my game. But I was interested in what drew you to Brazil??
I have bought there, and am surprised to read you guys were considering it.
Did someone recommend that to you? Are you going ahead with it?
I to am a risky investor, apparently it isn't the smartest way but it's fun.
goodluck with your choices

40 billion, 65 billion, 10000 people being employed……….sounds like a sure thing.
I accept defeat, better get in before it's too late