pad1 replied to the topic Melbourne Suburbs/Property in the forum General Property 19 years, 1 month ago
agree with last comment
I am a melbournite who has lived in Darwin for the past 18 months. what a great spot to live – lifestyle, much lower density living, beautiful beaches, sunsets, weekends, traffic doesnt exist.
coming back to melbourne briefly in jan and currently scrolling the internet for houses/units to buy. The amount of crap out there…[Read more]pad1 replied to the topic interest only loans – friend or foe? in the forum Finance 19 years, 10 months ago
robert
can you please eloborate on what you mean by gearing up properly
cheers
ben
my heart says that the more equity you own the safer your investment – i guess that is broad statement
benpad1 replied to the topic trusts again in the forum Legal & Accounting 19 years, 10 months ago
thanks steve
I ve since read that the trust not being a legal entity, is correct. I actually as part of anegaotiaion with the vendor rescinded the contract and repurchased after the establishment of the trust – to everyones agreement including the bank.
look farward to meeting you at an 05 seminar which i am soon to book.
Im living in darwin at…[Read more]
pad1 replied to the topic interest only loans – friend or foe? in the forum Finance 19 years, 10 months ago
thank you all for the response
the concept of interest only seemed like a set up for disaster but it shows that we develop fears out of lack of information.
I still dont know which way I will go for the next property but will keep investment only a real possibility – once Im more literate in the area of course.
My short term goal is to purchase…[Read more]