Hi Bert
I am still very new at this game, but what I have learnt so far is before I part with my hard earned money, do a lot of research. I have the money to buy some investment properties now, but I just don’t feel confident enough. I am using the internet to look at different areas, e-mailing real estate agent for info and checking out the…[Read more]

Hi Cheryl
I too am very new at all this. I have also been looking at +ve cashflow properties on the net and have come to varying conclusions. When I find one that tells you how much it’s tenanted for I always look at it in greater detail. How long have the current tenants been there for, what is their current contract, are they happy there, and if…[Read more]

Hi Karl and Rita
My girlfriend and I have our Clovelly mortgage ($520K) with ING and really we would never go through them again. I don’t think they are particularly suited to mortgages, particularly with multiple investments. Their inflexibility with their loans does not allow us to diversify.
On the day of settlement they had made so many…[Read more]

Hi Gatsby
My girlfriend and I have just purchased a 394sqm block of land in the Dunsborough Lakes estate on which we will be building a 4 bedroom house in the next couple of months. We believe this area is going to go ahead, though not as fast as other states such as NSW or Victoria. That’s ok, as we love going down there on holidays. We are very…[Read more]

Hi
No ocean views. It is part of the Dunsborough Lakes Estate, and it’s built around a golf course. Our lot is overlooking no.8 hole (whatever that means) and therefore no other dwelling can be built in front. We have views right out to the mountains. I agree…it is only 390sq mts and a small block, but I guess hence the price.
Having read all…[Read more]

Hi all
The land was bought back in Feb. 2004 and they are continuing the subdivision at the moment. I feel Dunsborough will continually gain in value, though for rental it will still yield about 4.5% to 5%. It may turn out to be very good for capital growth as that area of the Margaret River is becoming increasingly popular.
Our long term goal is…[Read more]