I have a investment property if required?

Hi Duckster,Sorry,probably should explain question better.On a $500,000 house in your state how much would it cost (your own home) for example in Queensland,Real estate agent fees approximatly.In general with selling and then repurchasing an owner/occupier home,Agent $14000,00stamp duty fees $10,000And connections $1000 to $1500Total around…[Read more]

Hi Duckster,Great strategy.

Selling before property stagnates for years was my option and then with the spare cash earning 10% buy back in when it turns.This is my strategy and its worked well over the years.More interest rate rises predicted.Why hold when you can put money elsewhere achieving higher growth i would rather diversify.Dom

THE Reserve Bank's six-year tightening cycle may have hit a peak amid fresh signs that recent interest rate rises are curbing domestic demand in the Australian economy. The central bank signalled for the first time that evidence was emerging that domestic demand could finally be slowing after 16 years of unprecedented economic…[Read more]

Gday Mr Fair Go,Actually i am looking for a business in general. Basically i would like to share the work load with a partner so i am not stuck in the business for 7 days a week. So therefore it would not be a small business such as a home james franchise or etc.Probabaly a medium to larger business which could support both partners.Dom

Neilvs,Great posts and good questions.My answer buy a property if you can and stay their.Because its not going to get any better.Dom

But how high do you think interest rates will go? Some investors have more than two ip's so if they sell one and  put the funds back into other ip's and reduce payments to offset the climbing interest rates with minimal costs and tax payments.This would increase rental return and serviceability.And then can borrow for the turnaround.Their are…[Read more]

Hello,A lot of talk about interest rates rising until middle  to end of this year. This normally follows a price stagnant period for many years. And decreased buying activity. Would you not sell to free up cash when this happens?And buy into the downturn or park your profit in a high yielding savings account?

After the next 4 interest rates rises it will be to late to sell we will be giving them away.LOLDom

Hello Redwing,Great work. You are certainly investing the right way.Dom

Great discussion guys but are you seriously falling into a BLACK HOLE with this one.(Fill My crack in).LOLDom

Frankston has been good to me to, i know that it is very active at the moment with all the infrastructure ( Eastlink, Marina,etc) I hear that the  perth investors are buying quiet a lot of property and subdividing and developing.Once the interest rates turn around in 2009 -2010 we will see some big gains. Its close to all facilities that you…[Read more]

Good evening,The topic (correct me if i am wrong) is do trades people charge to much for their services.Yes or no.I would like to see a moderator put up a simple poll relating to this question please. You can see where my vote is.

Looks like the beans were not spilled. So you will have to find your own bean pusher.But in the meen time here are a couple of links that i found .( should of bought the Aussie dollar)http://www.passiverealestateincome.com/http://www.ozforex.com.au/http://entrepreneurs.about.com/od/gettingstarted/a/passiveincome.htmDom

Its funny how some people here think tradies dont charge to much, all of my mates are tradies and i envy their new cars boats houses and their large LCD tv's. Not to mention their wife and girlfriends.Dom

http://www.hotcopper.com.au/http://www.aussiestockforums.com/

Hi Mikey,Congratulations on your succses i am about to make an offer on a 3 bedroom brick house in kambalda west.Hopefully if your details are right on the area we should see some great catching up gains.Again its always a risk to buy in remote places but with the future in rescources i can not see it going backwards. i am only buying one at the…[Read more]

Lisa,Are you with the same bank?

Hello, Frankston maket has been realy moving along lately as most here would know. Here is a couple of links i picked up from the somersoft forum.Frankston and melbourne topic their is quiet polular.I hold one proprty, and are very happy with price…[Read more]