Hi energy4anarchy,Unfortunately in the general sense, I would have to agree with Yellina's comments regarding banking staff.  I am an active investor and also work as a lender in a retail branch.  Given my experiences I find it fairly easy to ensure my customers are looked after and their situation is explained clearly to the credit managers and…[Read more]

Hi there,I don't know how ANZ does their vals, but your commentary is interesting.The bank I am with (BOQ) engages independant valuers for each valuation, and they physically do it (photographs provided on valuation).  I wouldn't say they are more or less user friendly, but they will generally let you know quickly if the property isn't going to…[Read more]

Hi there,I thought I would put in my two cents on this topic given a recent experience a good friend of mine had looking at a similar proposal from Devine homes in the Holmview area, Logan (just south of Brisbane).In this scenario, she was asked to purchase a single duplex unit, 3 bed, 1 bath, 1 car for $377k, with a 10 year rental guarantee, and…[Read more]

Hi Rellie, One could liken that to making first bid at an auction of $50k, when the property is worth 1 mil .. i've done it several times.. it's not offensive, it's an offer – something to get the ball rolling, and is better than nothing.The agent must be new, or have little idea of negotiation, either or.I picked up a property a month ago 25%…[Read more]

Hi all,I just thought i'd comment on the original topic of this conversation, which was created in 2006, and here we are in 2009.Funny to see how mining shares were the hot thing to be tipping then, and how true alot of the comments have turned out to be.Lets see what the next three years bring!Who's keen to put a prediction in????CheersSambo

Hi there,I am looking for a similar product/contract, so if anyone has any ideas, there's at least two interested parties!Thanks

Hi Trance, Richard is correct – It is possible to get finance for that type of unit for yourself through using mostly equity or cash, but imagine who will be buying the unit from you down the track – low end of the market, quite likely it will be a young couple wanting to get their first 'cheapish' property with minimal deposit, and they will be…[Read more]

Hi Evan, I personally use Mel from Holzworth & Associates.  He is very good and is the accountant for my whole family.  I am not sure whether he takes new clients these days, but the office is contactable via http://www.holzlaw.comGood luck with it, they're hard to come by.CheersSam SandfordSandford Finance Pty Ltd

Hey Wengyie,I live in Brisbane and have looked at many many deals over the years in many different Brisbane suburbs, it really depends on what you are looking for.  I personally am chasing positive investments, and have found none in Brisbane thus far.  This obviously doesn't mean they aren't out there, but you will have to committ alot of time f…[Read more]

Hey Daz, I've used Propell national valuers in the past to value my properties, and through my work.. GENERALLY, the costs are $220.00 per valuation – not sure about depreciation schedules though.  They have an office sydney, might be worth giving them a go, or trying to organise one through your financial institution for you – they will get…[Read more]