Total Members: 159,187

stormbiz

  • stormbiz replied to the topic Interest Only Loans in the forum No Subject 20 years, 1 month ago

    Hey Craig,

    I haven’t made enough posts in here to be saying ‘welcome’ first time poster’ but I can say I’ve picked up alot of useful info in here over the last 6 months or so.

    I also can’t tell you much on the topic except from what I read in here, so I went back and found the thread I was talking about…(It starts a little ‘energetic’ but…[Read more]

  • stormbiz replied to the topic Interest Only Loans in the forum Help Needed! 20 years, 1 month ago

    Originally posted by ashrick:
    Hi xon,

    What will happen if the property market takes a nosedive and prices fall by say 30%? Banks may recall the mortgages and require the borrowers to top up the 30% reduction in loan value.
    Just a food for thought.

    ashrick

    I’m pretty sure this is not the case with property now. Certainly with margin loans with…[Read more]

  • stormbiz replied to the topic Builder leasebacks in the forum Help Needed! 20 years, 1 month ago

    Thanks,

    All interesting points to consider. Being OS the passive side of it did appeal to me.

    I was also concerned with the inability to rent it out if I decide not to live in it. So this would also be a factor that would need alot of consideration.

    I think I will if I take the next step, at least need to get back and step into a couple,…[Read more]

  • stormbiz replied to the topic property prices falling %10 year to date. in the forum General Property 20 years, 2 months ago

    I believe it is from …

    news.com.au

    Hope this helps!

  • stormbiz replied to the topic Serviced Apartment – Pacific International Melb in the forum Help Needed! 20 years, 4 months ago

    One positive for it is, I have been looking for weeks at places in Melbourne for a week when I return to Aust. in Dec. It is in the final three, although another one in Southbank has the edge at the moment.

    They look good but I hope you can get someone who can give you a more professional perspective from an investors viewpoint.

  • stormbiz replied to the topic Brisbane in the forum Help Needed! 20 years, 4 months ago

    Thanks,

    As I’m aging and knowing I can’t play footy when i return, golf would be something I will probably have to take up!!!

    Can you list a few of what you consider to be the ‘less reputable suburbs’?

    I guess this would be an opinion as some people may live in any places listed and take offence. But coming from Melbourne, it’s a well known…[Read more]

  • stormbiz replied to the topic Brisbane in the forum No Subject 20 years, 4 months ago

    Thanks CD,

    After posting I did a search and found a good discussion on Brisbane back in April. Seventeen Mile Rocks wasn’t mentioned though. Any views on it would be appreciated.

  • stormbiz replied to the topic reality check – realestate implications!! in the forum Opinionated! 20 years, 5 months ago

    Well said Marc1, couldn’t agree more with your technological advances saving the day thoughts!!

    The artcile I read, I thought it said that the MAIN user of oil in the US by % is the agricultural sector because it is needed to produce fertilizers. After rereading it, it only breaks down the oil needed for teh agricultural sector!!
    Also, for…[Read more]

  • stormbiz replied to the topic reality check – realestate implications!! in the forum Opinionated! 20 years, 5 months ago

    Like I said, I had no idea oil was used but a quick search came up with….

    ‘Using them in a solid form simplifies the handling of artificial fertilisers and means that the contents are released more slowly into the soil. This reduces the risk of nutrients leaching out. The surface of individual granules must be treated, however, to ensure that…[Read more]

  • stormbiz replied to the topic reality check – realestate implications!! in the forum Opinionated! 20 years, 5 months ago

    A few weeks ago I also would have responded to the gradual decrease in oil supply with the increase in demand from continual global growth causing a massive oil crisis with concern for transportation.

    Until I read a well researched report by an energy expert that in depth described how the US massive dependence on oil is largely as a result of,…[Read more]

  • stormbiz replied to the topic Cheapest way to send cash overseas? in the forum Help Needed! 20 years, 6 months ago

    Allan,

    I would highly recommend http://www.stormpay.com as a payment processor (my user name is an indicator of my bias here though).

    I thought I needed to jump in on the ‘yowcow’ suggestion though. I can tell you that there are many processors popping up as you can now buy your own payment processing script for under $30. They all lack any kind of…[Read more]

  • stormbiz replied to the topic +CF Properties – SOLD OUT in the forum Help Needed! 20 years, 6 months ago

    It is almost impossible for a foreigner to get a lease on a place here unless he gets a Japanese person to sign up as a sponsor.

    On top of that it is common for 5 months to be paid out for what we would call a bond in Aust. Unfortunately unlike Aust, more than likely you won’t see any of it returned when you want to leave. One month of that is a…[Read more]

  • stormbiz replied to the topic +CF Properties – SOLD OUT in the forum Help Needed! 20 years, 6 months ago

    I’ve been in Japan for over 10 years and with DEpreciation running at around 5-8% over the last few years after the bubble burst and much bigger falls then, population falling and not much to push prices up again????

    The niche ‘foreigner’ market I thought was an interesting comment though. I don’t know if too many real estate agents would want to…[Read more]

stormbiz

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