I find that there isn't as much discussion going on this forum. To the OP, you might want to consider posting on Somersoft forums, there's lots of like minded property investors there.I just purchased 2 IPs, both through buyers agent.I'm pretty happy with the end result. On one transaction, the BA secured a property for me that was $40k below…[Read more]
Ah! good point. I was looking for a 1 solution point-and-click method and couldn't see it… still can't… looks like you have to go to the "My Inbox" link??
tess85 wrote:
(long-time lurker but first-time poster…)scored 428, pretty happy considering my age (22). Mind you, when I use my hard earned deposit to buy my first house, I'll probably be in the negative.. eek!
2 years later, at age 24, I scored 1201 Feedback: Wealthscore is a useful tool to keep track of my progress, but I don't agree with…[Read more]
My accountant is based in Campbelltown, he has 19 IPs and is very property savvy. PM me if you want any info, I don't want to post his details online and be accused of spamming!
Angela you have already been busted on the Somersoft forums for being PAID to provide these advertisementshttp://www.somersoft.com/forums/showthread.php?t=57932Do these instructions look familiar to you??Instructions: Find 20 Real Estate related forums and post the Ad (copy and paste) title and description below only once in each forum…….Upon…[Read more]
Thanks all. I think we'll go for the no LMI option. We're still young so our incomes are still going up – should be able to save up another deposit easily or pull the equity out from our PPOR and refinance.Cheers!
^^ what stumpCam said is correct.a $1M property, whether it is your first or 2nd, in NSW, will always cost you stamp duty…The first home owners reduction on stamp duty applies for first home buyers where property value < $500k. (and the reduction is phases out between 500k – 600k)
hmm, I personally wouldn't buy the block of land as you make no income from it. It's great that you want to start somewhere though ,what is your budget? if you tell us, we might be able to think of something?
was the loan a joint one or not? If so, I am surprised that one of you could fix the rates without the knowledge of the other.Well, what's done is done. how much does it cost to break? – just call them up if you don't know. it may be cheaper to break now than after the next round of rate cuts!
For Free data: I go to the domain website every week to download or peruse the latest auction results.http://www.domain.com.au/Public/weekinreview.aspx?cid=AuctionResultsI look up specific postcodes here: (recent sales over the past week)http://www.homepriceguide.com.au/auction_results/index.cfm?source=apmIf you don't want to have to check the…[Read more]
Now I remember why this topic was so familiar to me (read about it recently on another property forum)http://www.somersoft.com/forums/showthread.php?t=45716
long-term CG in unilodge-type accommodation is not great. Have you checked out the price history?Also, another point to consider, the studios are tiny (< 50 sqm), some lenders may not lend to you due to their small size?