st george will do it

Hi jtrFeel free to contact me as I have a few peple I use and recommend to my clients over seas.Pete [email protected]

If your goals are to build wealth in property then keep paying interest and use the extra cash to get yourself into another property.  You want to get maximum exposure to a growing market.  For example.  If you had $500,000 or $1,000,000 exposed to a market growing at 10% where are you going to get the greater gains.  Hope that helps.Pete Gwy…[Read more]

Hi ShaunThere are many questions to answer  am not sure of your entire situation.  This seems wrong as you have plenty of serviceability.  There are many questions.  Are you with one lender and are your properties secured by each other or stand alone.  What is your work situation and income?  Are your full time employed, part time, self employ…[Read more]

Howdy MateI would tend to hedge my bets both ways and go with a portion fixed and a portion variable.  5 years is a long time and a lot can happen then.  Also the debt will be tax effective after 6 months so interest rates wont effect you as much.  There are many pitfalls with setting up finance to builod a property portfolio.  Make sure you ask…[Read more]

Howdy BillyHave a client with property there.  there has beensteady growth and appears set to continue.  medium house price around 240k from memory.  If you buy land for 100k then look at building costs and see where you are at.  Drop me a line if you need further advice.pete gwynne[email protected]0423 028 239

Hi RobynaWhat area of the Gold Coast are you looking at buying?  A few things before buying a unit on the GC.  check the body corporate and how much money they have in the sinking fund.  Check the body corporate minutes.  These can reveal some nasty secrets.  Rememer if you do buy to get a quantity surveyor to come in and body corporate asse…[Read more]

I am from adelaide and live on the gold coast.  i am currently building in both places.  I think adelaide is going through a boom at present but what will the ong term growth be as it is a declining population or stagnant in any case.  QLD is always going to be popular because of the population growth and it is reported we are going to be 2,000 ho…[Read more]

I think that area is a cracker for a lot of reasons and would hold for sure.  I have quie a few savvy investors as cleints who have bought in this area and are looking for more.  Good time to hold an asset in SE QLD.pete [email protected] 028 239

Hi MarkFirstly I would say take a breath and relax as you appear to have done very well and on your way to building a good portfolio.  There are many ways to make money in property.  All said and done to make a lot of  money in property you need a greater exposure to a growing market such as SE QLD earning compound interest over time.  If this…[Read more]