Consolidating. I am not interested in any "off the plans"…. the Sunshine Coast is full of them.

Hi Resiwealth

I’d be interested in getting a copy of the report on Ipswich.

thanks
Rick

thanks…
OK here are some figures

(a)Equity
House 1
owe 110,000
est value 350,000

House 2
owe 80,000
est value 240,000

(b) Finance needed
180,000

(c) income
about 45,000

I have already had approval for 180,000 from a lender while I was employed on a similar income but I still want to have finance prepared if the correct deal comes up.

yep… I’d like to know more aswell PM me with a link that works or more info on it.

thanks
Rick[biggrin]

Hi Foundation

Can you send me this mass of interesting links.
Knowledge is power!!

thanks
Rick[biggrin]

Got an interview with Raine and Horne this weekend.

Just for the interest of other people thinking of moving into the industry the starting award wage is $476 gross per week… YOUCH!![thumbsdownanim[confused2]

how about “The Flightless Bird”[oneeyed] kinda like the pubs they have in london eg: slug and lettuce

Where is it? might help.. for the name!

Thanks for the insight so far

At the moment I am on $50,000 a year but what I do doesnt interest me. I do have a plan of investing in property for a living but I see the real estate job as a step forward to understanding the industry I am and will be spending my money in. Developing does interest me immensly aswell but got walk before I can…[Read more]

thanks for the suggestions… I know the industry is slowing down but I am not concerned that its not the flavour of the month.

As a web developer I remember how tough it was to get a job after the dot com bubble burst.. and I figure if I can get in now I’ll have some experience and be ready for the next upturn.[thumbsup2]

Hi Sheva

Are you looking for a house, townhouse or unit?
Also which area are you wanting to live in?

[smiling]

Jason

January’s issue of API has an interesting story on holiday rentals. I live in this area and if my memory serves me correct Sunshine Beach has had the highest capital gain over any other suburb on the Sunshine Coast in the last 2-3 years.

Cheers
Rick

SALACIOUS – can you elaborate on no interest repayments!!

thanks

Thanks luckyone. Does this then mean that the trust can then claim for negative gearing purposes even though I would be a director of the trust.[cap]

thanks

hmmm I know your right Foundation but renting in my opinion is such a waste of money. Maybe I’ll have to change my direction and look for a cheaper alternative. eg: townhouse or unit not a freestanding house [glum]

Hi Kidders

Is this a new property? If so the price maybe inflated so the developer makes a profit. I would look at similar established properties in the area and see what there sales data is like

cheers
Rick

Hi

I use one and think it is great. At the moment we have a loan of 83,000 @ 6.75% and have about 20,000 sitting in the offset account. This means we only get interest charged on 63,000. This saves me approx $100 a month. Where else can you get a return of 6.75% for cash at the mo.

However be aware that if you then spend that savings on a new…[Read more]

Hi

I have a question regarding locations in Townsville.

We will be moving there in Feb05 and would like to purchase a property before we move. We have been researching hard but its hard to get a good understanding of quality areas to look at.

From my short time up there I found that one street can be great but the house may back onto an…[Read more]

We are interested in being part of this investors club. We will be moving there in Feb 05.

thanks
Rick[biggrin]

Hi Mr Fixit

I went to a consumer seminar run by Neil Jenman http://www.jenman.com.au the other night and both companies you have mentioned came up as ones to be aware of. []

I have no experience with either.
This is simply for your own info[]