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.
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]
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 run.
Does anyone know which is the best course to do in Queensland for starters.
Anyone got a job for a super keen 29yr old on the Sunshine Coast?
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]
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.
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]
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
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 investment it not only costs you your savings but the money you were saving in interest aswell
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 undesirable street. There seems to be a fine line between good and bad locations.
If anyone can give us some guidance of good and bad areas it would be much appreciated.
Obviously this issue arises because we are looking in the below 200 range.
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[]