Hey Guys for what it is worth – be careful. those ads have been running for months now and he only wanted 16 people to be on board and i know of seven people who have been accepted so i think it is just to get you in and sell some properties. He is looking at musswelbrook in the Hunter valley and the new off the plan homes are over priced. You can…[Read more]

I Guess my criteria is fairly broad at this stage. Ideally i am looking for properties that are as close to nuetral or positively geared as possible in areas that should see some growth in the near future. I don't have my mind set on any one type of property (unit, house etc) just take each on their merits.My price range is from $350k to…[Read more]

Thanks Luke – much appreciated

Thanks for all your input Terry. Looks like i better investigate further.Take care.

Thanks Terry,Thanks for your reply.From what i understand is that when you go to borrow money in the trust you give the personal guarentee and get the funds. You then need to set up another unit trust and approach another lender. You do not need to diclose the guarentee of the first loan unless asked and it will not show up on your personal tax r…[Read more]

Hey Moxi10,Thanks for that extensive answer to my question. It sounds as though what i have been reading is correct. theer is a lot of other fairly major industries to back up the mining such as the power, equine, wine industries which gives a bit more comfort. I have secured a block in the eastbrooks link estate and will start building shortly.…[Read more]

Thanks for the input. Keep on researching eh!!