raresaturn replied to the topic Investing in the UK in the forum Overseas Deals 14 years ago
I think the UK has further to fall in terms of property prices…the gov just laid of 50,000 workers. If you do find a property make an offer rather than pay the asking price. good luck
raresaturn replied to the topic which property to choose? in the forum Help Needed! 14 years ago
South Yarra for sure
raresaturn replied to the topic Asset rich Cash poor in the forum Help Needed! 14 years ago
This is what my wife and I did recently:1. Refinaced our current home, it's valued by the bank at $530k and we owe $170k on it2. engaged a buyers advocate to find a decent property for us3. bought said property with an interest only loan4. IP is serviced by an offsett account, which all our wages go into, plus rental income5. skimp and save. …[Read more]
raresaturn replied to the topic Answers to “Where to Find CF+ Deals” in the forum ambosh wrote:To answer to 14 years, 2 months ago
ambosh wrote:
To answer to the original thread question : America! Where else can you find properties with mthly rents being > 2% of the property price? eg my block of units was $80k and gross mthly rent is $2k. These deals are getting harder to find, but its not uncommon in the midwest…
where did you find a block of units for 80k??
raresaturn replied to the topic Looking for advice on aparments in melbourne CBD! in the forum Help Needed! 14 years, 2 months ago
We recently bought an apartment in Hawthorn for 320k, which seems to be around your price range.
raresaturn replied to the topic UK mortgage required to purchase uk property in the forum Overseas Deals 14 years, 6 months ago
I’m also interested in the UK. I know you need a special ‘buy to let’ mortgage but that’s about it.
raresaturn replied to the topic finding towns with population over 10,000 in the forum Help Needed! 14 years, 7 months ago
Ummm wikipedia? http://en.wikipedia.org/wiki/List_of_cities_in_Australia_by_population
raresaturn replied to the topic Train stations and tracks in the forum Close to station is good, 14 years, 7 months ago
Close to station is good, but close to tracks is bad.
raresaturn replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 14 years, 7 months ago
Nathan_b wrote:
I am still getting CF+ deal in todays market.I just settled on a property for $22,000 reno of $25,000 reval of $140,000 rental $200pw in pop of 10,000+
Would it be rude to ask where?
raresaturn replied to the topic What can I claim on my first year investment propety come TAX time? in the forum Help Needed! 14 years, 7 months ago
Don’t you have to live there to claim it as your main residence?
raresaturn replied to the topic Equity from first property VS New Loan for a second in the forum I thought the name of the 14 years, 7 months ago
I thought the name of the game was to build your equity. i could be wrong thought I’m still fairly new to this. We are increasing the loan on our house to buy an investment property, there does not appear to be much advantage in doing it the other way.
raresaturn replied to the topic Answers to “Where to Find CF+ Deals” in the forum Hi, you could try searching 14 years, 8 months ago
Hi, you could try searching on PropertyKeyword.com. Just type in "corner block" for instance, and it will find all properties across the major sites with that description. Some of my favorite keywords to search for are disused, abandoned, and former. You can find some really interesting properties this way.