Recent content by bobby85

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    Carparks

    Sleep on the dunny can? I can imagine the advertisement. Spacious interior with room for improvement. Close proximity to security car park. Perfect for the single office worker or keen investor.
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    Issues with broker

    Thanks Jess!
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    Issues with broker

    Great advice guys. Thanks. I'm certain about going to a new broker for a new loan. I am interested in moving all the loans as I don't even want to deal with them now.
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    Issues with broker

    Hey Jerry, That's the plan. I just wanted to keep the cards off the table for now and evaluate my current situation before I do anything silly.
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    Issues with broker

    Hi guys, I wanted to let you know my current dilemma and see what options you think I should consider. Currently have $2mil+ loans via one broker. Relationship is deteriorating. They're not delivering what I need in a timely fashion. Perhaps they've become complacent? The broker I used to...
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    Sydney Market at top - calling a severe correction in 2018-2019

    Agreed. I would never have afforded a house when I bought IP#1. Waiting to buy a house would have simply delayed my initial entry and foray into the property investing world.
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    Sydney Silliness Warnings 2015

    Superb post. I copy and pasted that to a mate. Couldn't have said it any better. Luck is what happens when preparation meets opportunity.
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    Thoughts on this sydney purchase?

    Hi, Depends on your goals really. I think at this stage of the Sydney cycle you need to consider: 1. Will you be able to afford to hold it when interest rates rise? 2. What are your short/medium term investment goals? You may not be able to access equity for some time depending on how...
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    So what did you sacrifice?

    since no one has replied to this yet. Wow. Just wow. Good work! I bet you have a truckload of resilience and character from all you went through.
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    RBA to cut another 1%?

    So anyway, back onto topic. It looks as though we're looking at rates remaining the same or maybe being reduced again. It will be nice for cashflow to see an interest rate drop. Not so much for buying at inflated prices though.
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    Lidcombe NSW = Bubble Suburb

    Datto, I think you may be emotionally attached to the druitt as an investment suburb. Are you sure it doesn't cloud your judgement?;)
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    July edition of The Somersoft mag - oops I mean API

    i'll go to the newsagency now to go buy it!
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    Seriously will Syd ever stop going up?

    humidity? in sydney??
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    Inner West

    West. I'd say Strathfield is the outer most limit of the 'inner west' and even then people will argue that it's 'west'. Given the proximity to Strathfield/Burwood and Parramatta, I think Auburn has room for growth/gentrification.
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    Inner West

    I think you've missed the boat for this cycle. If you're happy to hold with low yields until rents can catch up, or do a Reno then go for it.
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