Ipswich would get you around 180k….and East Ipswich (which is slightly better IMHO) you could get a house overlooking the river for low to mid 200’s – not many places in OZ where you can do that.Rent around 5% yield too.
I was there on Friday too, enjoyed the talk by John Edwards (and got to meet him!!).
The rest of the stalls selling units etc were a waste of time IMHO.
Steve,
With your contacts at Channel 9 – will you soon put in your 2c worth on ACA so they stop this anti-wrap bias that the media has been so intent on lately (such as the Rick Otton/ACA interview).
Thanks to ACA/and that “bad wrapper” MHA now do not do full disclosure anymore.
Hi,
Try tonwhouses in Robina located very close to Bond Uni (student accomodation), very high rent but a little more vacancy (approx 4 to 7 weeks per year).
Hi,
Over one month ago I asked the question if anyone knew of a better place to get finance for doing wraps than AXA, and I have seen no replies since
then on a better lender.
Can anyone out there help and advise who they have been using on their latest wraps – and the pros/cons of who you are using?
Any help would be much appreciated.
Hi,
Westpac does it for around $200 depending on which state you are in, maybe less. There is some
excess though.
This is the cheapest I have seen – AON are pretty good too – around $275.
Hi all,
These telemarketers give me the s?!.s !!!
We used to get at least 2 calls a week from different people about “how would you like to decrease your tax” – or “how would you like to pay off your home in 5 years” etc….
I had one of these calls not long after joining this forum two months ago (and reading about wraps and positive cashflow properties) – I asked the person at the other end what they had that would give me a positive cashflow….I was told I would get a reply from their consultant in the next 24 hours….which never happened !!
I have had two similar calls since then and asked the same question….I love their responses.They are dumbfounded.
The phone calls seemed to now slowed to a crawl….
Perky []
Hi,
Are you referring to finance for wraps or for an investment property?
For investment property – WESTPAC has an investor pack that is .7% off the normal variable if you are earning above 60k per year – I am currently paying 5.97% on mine. (BTW I am NOT affiliated with WESTPAC in any sort of way !!! so I am not promoting them…).
Steve/anyone , what is the best lender for wraps now that ANZ are much more difficult to use?(they did not accept me) – eg int rates and get in / get out fees included…
AXA appears the best at 6.24% but they have a get out fee of $900 if cash out is within 5 years…
I agree with the above , the links collations are really good.
They have given me lots to look at in the middle of the night
when work is quiet…..keep up the posts Sooshie!!
Not sure if anyone reads Australian Property Investor magazine –
but it has some good articles.
Some of the articles are on http://www.findmeahome.com.au under
the news section.