Recent content by BelezaPura

  1. BelezaPura

    Logan - arguments for and against capital growth

    I bought in the area 8 years ago (2007). Usual 2 bedder in a small villa. Payed $110,000. In that same year, or maybe one year after, prices moved and I ended up selling in 2009 for $185,000. That movement in the Logan market came 4 years after Sydney's run had stopped. If history repeats...
  2. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    Yep, will post high level figures on the weekend...
  3. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    Yep, that is a good option. Worth exploring. Thanks for that.
  4. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    This is my current project :eek::D I have the duplex contract sitting on my desk and finance ready to go, but I don't like the numbers. How I got here is a long story and not very different from what you hear from other inexperienced investors. The numbers looked reasonable, though not...
  5. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    Yep, it will be an uphill battle... 80% + likely low valuation = me out of cash Will consider my options...
  6. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    The context was the answers above with a recent example of RAMS going 90% on a triplex to an expat. I am keen to explore all options, but that was the first I got. Was just interested as there were two people saying they got 90% from RAMS, but then when my MB rang, he was told 70% is as...
  7. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    Interesting... I have asked my MB to contact RAMS to see if they can help me... He replied saying that he contacted them but they said they would only lend up to 70% of the costs... I've seen places that you get a different answer depending on who you talk to... do you think this may be the...
  8. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    Thanks Rolf My salary is in foreign currency... What lenders would consider lending to an expat for a triplex @ 80%... Would prefer 90%, but need to explore all possibilities...
  9. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    Hi All, Hoping some of you can give me some pointers. I'm an expat, working for an Aussie company and currently allocated in Asia. Am exploring the possibility of building a triplex in QLD. I have the land and WBC is ok to lend for a duplex, but not for a triplex. My broker says WBC...
  10. BelezaPura

    IT Jobs - Is It As Safe A Profession As It Once Was?

    I work for an Aussie company and am currently assigned here in Asia to manage the offshore staff in my area. Bottom line is, coding is now a commodity. At least the usual Java / .NET systems where there is nothing too complex or special about them. Operations is also a commodity. More so than...
  11. BelezaPura

    Do granny flats add value? Some real life figures :)

    Why building a GF would put you in negative equity? Can you elaborate on the sticky situations you have mentioned?
  12. BelezaPura

    iPad Air vs Tab S?

    I've just bought an ipad air for my wife as Bday present. My phones have all been android for many years, but tablets have always been Apple (bought Ipad 1 when it came out and now have an ipad 3). I think both can be great. In my experience, Apple is a smoother experience, though iTunes...
  13. BelezaPura

    Gone fishing portfolio in Australia...

    Damn, you've burst the bubble :D Thanks for looking that up. It is strange that the author would claim this performance on a public website, for all his clients and peers to see. Though, he does not let people know about the actual funds he uses unless you buy the book. It seems that...
  14. BelezaPura

    Gone fishing portfolio in Australia...

    I agree that may well be the case going forward... but I also think that, when he started out his fund, a lot of people would also have said that getting 15% average over 10 years would be very difficult.
  15. BelezaPura

    Gone fishing portfolio in Australia...

    My super provider does not offer this one, but it does offer what seems to be the equivalent managed fund. VAN0104AU - Vanguard Australian Shares High Yield Fund What makes you think this single fund / etf does the trick?
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