Total Members: 159,193

roy22

  • thanks mikevery informative report. helped me out to know where i sit in the market. thanks again

  • roy22 replied to the topic Should we fix interest rates now or not? in the forum Finance 15 years, 7 months ago

    I would also like to hear peoples opinion on this fixed rate rise. Is this an indicator of rates rising in the near future? Also i know that it is hard to predict in this specific time, but what are peoples predictions for the next couple of years regarding Interest rates.

  • roy22 replied to the topic Wanted – 2nd hand copy of Steve McKnight’s wrap kit in the forum Help Needed! 15 years, 7 months ago

    would anyone have steve mcknight "0-130 properties in 3.5 years" that i could buy? im in melbourne.

  • roy22 replied to the topic RIGHT TIME TO BUY? in the forum Help Needed! 15 years, 7 months ago

    thanks for your help everyone. i think i will go ahead and restructure the loan. the variable rate i am being offered is 4.94% which is close to half of what i was paying. even if it the breaking cost does equal the same amount of interest i would have paid in two years, i dont want to regret not having the opportunity of the low interest rates…[Read more]

  • roy22 replied to the topic CAN YOU STILL MAKE MONEY RENOVATING? in the forum Value Adding 15 years, 9 months ago

    thanks guys. i think i will wait tiill the market is on the rise again before i decide anything. hopefully this will be soon

  • roy22 replied to the topic CAN YOU STILL MAKE MONEY RENOVATING? in the forum Value Adding 15 years, 9 months ago

    hey guys,im new to the investment game. was reading the forum and got thinking about the idea to renovate my ip and sell for profit. i am currently living in it at the moment for the first home buyers grant. if i was to sell it and make a profit, that would pay off the bank and i could buy, renovate and sell again…..and so on. would there be a…[Read more]

  • roy22 replied to the topic Leasing out IP privately in the forum thanks very much for all 15 years, 10 months ago

    thanks very much for all your help guys. i think i will go with a pm soon. thanks again

  • roy22 replied to the topic Looking for an Accountant Specialist in Property Investment in the forum Help Needed! 15 years, 10 months ago

    I am in the same predicament in Melbourne. I have tried three different accountants in the last three years and they all have that same bad attitude towards giving one on one service. Can anyone recommend and accountant who i can trust and also has expertise in the property field.Thanks

  • roy22 replied to the topic what would u do!! in the forum Help Needed! 15 years, 10 months ago

    thanks for the info. much appreciaed. think i will continue to pay the principal which would make it a shorter time before i can purchase IP number 2. thanks

  • roy22 replied to the topic what would u do!! in the forum Help Needed! 15 years, 10 months ago

    hey all,First time on the forum. i have bought my first investment property and like everyone else in here would like to establish a healthy port-folio. just a couple of questions:is it still possible to create equity quickly if it is a "interest only" loan?andwould anyone know if there is a fee for changing a fixed loan to interest only if that…[Read more]

roy22

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