Thanks for the quick reply mate! <br /:)” title=”>:)” class=”bbcode_smiley” />

ok then my next quest is …what is the difference between an OFFSET account and an LINE OF CREDIT account?thanks once again.

spam like the man said, thats $12 I could use for something else or even better $12 I could put into my future investments

Terryw wrote:
At 21sqm it would be very hard to get finance for. This may not matter if you are paying cash from existing equity, but when you sell it will limit the number of potential buyers and hence the price!

what would be ideal place or should i say the least measurements in sqm that you get finance without any problems?thanks

many thanks Richard

ok thanks for all your advice… house is defn our choice but at this stage we had the deposit for an apartment and not so much a house. Plus having an apartment in the city would be a dream come true but then again we have to remind ourselves that this is for investment and not for us to live in.many thanks once again. back to the basics to do…[Read more]

Thought I'd answer your questions one by one so that i can pick your thoughts again…What about the investment aspect of it? Before you start to look at ways to finance it, make sure it is a good investment. Yes in the heart of Melb; very close to everything and everywhereIf it is in the CBD, are you aware of the probable level of neg cashflow…[Read more]

Heya,Thanks for your outlook on this matter. The reason I'm interested is of the rental guarantee for the 1st five years at 5.5% net guaranteed in your hand and then you can renew it every 5 years for upto 25 years. Honestly, I didnt worry about the body corp etc even though i did look into it as they guarantee us 5.5% no matter what. You are…[Read more]

Thanks for the feedback guys. defn will be considering looking closely again in the next coming months. 

yes maybe so but we are thinking even MORE…

Yeah even though I have not done any courses, I cringe when ppl advertise workshops/3 day seminars/ weekend seminars and ask for $2K for the course. How could anyone justify that? I mean we are talking about 1000's of dollars here. I for one cannot justify that no matter what angle I look at it.Just my 2c

Hi Jules,Thanks for this info. I have duly noted them down on my things to ask pad. If you have other points from others and if you think of more, please continue to post them

hey Terry,I send you an email mate, if you could reply to that that would be super!

Yeah saw that article and defn hope so in our case….. I don't think you can buy a brand new property there for under $400K anymore….. unless its a bit older and with one garage…

hey Ian,where abouts is your property in SE QLD?cheers mate

Ian Landy wrote:

Trance wrote:
Coomera

Well that's a good start. Coomera ( gold coast ) is definitely a great area to invest from what I've heard. I am just south of the qld border and property is growing strongly here. Did you buy a new dwelling or an older place?Ian

hey IanWhere abouts in SE QLD mate?

its a brand new property which has just completed.. so no point in reno or anything… just building up $$ now but first we have to get a tenant in that building….

Coomera

Ian Landy wrote:
Hey Trance,Where exactly did you buy your 1st property?

QLD   

Ian Landy wrote:
Where are you living now?Ian

At present in the process of moving to QLD more precise Toowoomba but have no plans at this stage to invest there as its very much a dead part of country.