Thanks Mel

Hi

I have been lead to believe that HSBC take into account 100% of rent.

regards
alf.

Hi all

Thanks to all. WOW Bill thats a convincing CV. Havent been dazzled like that over here in OZ.

I have spoken to mortgage brokers for guidance as to my immediate and my possible future needs in relation to finance structure.

The response i get seems so standard. For example i asked one that i didnt want to increase my debt.

So this…[Read more]

Hi Mark

I know how you feel i went through the same sort of thing. Id be happy to share soem stuff with you and also listen to your story.

I had reasonable knowledge and still was persuaded so dont feel too bad. Real estate is forgiving.

Think long and hard before you sell. Its easy to knee jerk. Do the figures you may be able to increase…[Read more]

Hi

If you need further assistance on this you can email me no probs.

ubetido@iprimus.com.au

regards
alf

Hi Charchie

send one my way be appreciated thanks

ubetido@iprimus.com.au

regards
alf

Hi all

Well there seems to be mixed views i guess if you find it starts to cause you problems as in not being disciplined dont have one.

If you are under control and can use them wisely enjoy the additonal points etc as a bonus.

regards
alf

Hi

Was it subject to finance by a specific institution and a particular interest rate

or was it subject to finance/at market rates

alf

Man in bathtub playing with tool not necessarily a plumber[]

Hi Karan

if its ok i would appreciate the spreadsheet send to ubetido@iprimus.com.au.

thanking you

regards
alf

Hi Pat

If you think its right then go with it. Just because apartments aren’t the flavour now doesnt mean they wont be in the future.

CBD buying is cheaper than suburbs at the moment long term this may change too. This apartment phenomenan in relatively new here compared to say USA. We are becaoming Mahnhattanised try and buy an aprtment in…[Read more]

Hi all

Thanks for your responses. Yes i felt the solicitor may have been the way to go.

regards
alf

Hi Agent 007

I havent used one myself but am going to and one was recommended to me in Adelaide.

Drop me an email..ubetido@iprimus.com.au

regards
alf

Hi Melbear

Yes it was a bugger but i learnt alot and luckily the property has risen in value.

My main thing at the moment is loan structure and whats the most appropriate.

The variable/fixed argument is just as bad as the sell/dont sell.

You got any opinion on this you seem pretty shrewd with the figures side of things.

cheers
alf

Hi Melbear

Well i wish

We ahd gone to an property investment advisor and paid him significant dollars and he was looking over things. I recall asking him is there any risk to this his reply:

“I wouldn’t want you to lose any sleep at night”

What was set up were progressive payments so the bank would release funds at certain stages of the…[Read more]

Hi Suchshine

Is that after tax or pre tax calculations. I am in a similar boat its a hard decision.

One i suppose does waht one feels is right sometimes or the financial wisdom is thrown out for peace of mind.

I guess in simple terms there is always a risk to lose your job. (

If the property is worth say 400000 now 10years 800000 cost 6000py…[Read more]

Hi Budgie boi

how are you structured for the term of construction.

Ensure that a specific time frame is stated and if delays occur that the developer picks up the tab. This is from experience.

Bought off the plan. timeframe 6 months.

delays
weather conditions
industrial action
supply shortages
supply delay
approvals delay etc

so what was a…[Read more]

Hi all

Hey i would appreciate a copy anything thats free just send one never stops learning.
ubetido@iprimus.com.au

regards
alf

Hi all

Check out Bill From Oz in Soap box Forum. Be great to keep the compliments for Bill central.

regards
alf

Hi all

I have noticed many giving Bill acknowledgements in other threads.

So i thought I’d bring this forward if anyone wants to add to it.

There are very few that will give unlimited time to ones situation at no cost.

regards
alf