Recent content by bruxism

Hi guys. I've been looking at a property that has had the floods go through it. It didn't stay under water long, and the water came up to the eaves. Structurally the property is sound and from the outside it looks great, but inside there is really nothing but the frame. No kitchen, no...

I reckon i'm looking at a 25% drop in houses around my area in brisbane in the next 12 months or so. I'm saving up my pennies and looking forward to picking up some bargains.

Hi everyone. Just a quick question. My partner and I wish to purchase a unit together and take advantage of the FHOG. The problem is she is on a work sponsored visa and is not a permanent resident(not eligible for FHOG) She won't be a permanent resident for at least a year, but with the...

Hi guys. Every day I have a little routine. First i read/watch the news. Then i visit somersoft and I'll see that someone here has grabbed a piece of that news and used it to show how it's great news for property. Then i visit that other property forum. Sure enough someone has grabbed a...

Yep, i'm with you yieldmatters, i think 125 is definitely where we're at with this one. Although it seems kind of obvious and we know that the RBA likes to pull a rabbit out of the hat. If i was a betting man i'd be laying it on 150.

What will it be this time. Shock and awe 125 basis points? or maybe 75 basis points. Can't see it being much less than that, unless they think people are going to get in the holiday spirit and spend spend spend! Vote now!

Hi everyone. I'm on my way this afternoon to have a second look at a unit i think would be perfect to move into and renovate. It would be my first purchase and am quite excited about the idea of going in and fixing up everything. Apart from the usual suspects (new kitchen, new floors...

http://au.youtube.com/watch?v=vVkFb26u9g8 I think this is the video you were looking for sunfish. I watched it ages ago and found it very fascinating and really helped me understand some stuff. That said, truly understanding this stuff is going to take more than an animated video though...

Hi everyone. I've found a tired looking unit that i think i can renovate and flip. The big problem is i won't really be in a great position to buy for about another twelve months. I know i might be dreaming but does anyone think i could offer this and get away with it. Advertised at @ $268k...

just watched the 4 corners thing, debtland they called it. Utterly depressing. I think the most depressing thing about it is people with absolutely no idea what they are doing when it comes to money. Lack of financial education needs to be addressed in this society. The family they...

Hi I've been lurking here for a while and learnt a great deal so far. Something i would like more information on is buying large blocks with a house on them already(in order to be earn some money straight away) and then with the future plan to subdivide and or build units on them. What...

I'm a little surprised that everyone says the first thing to do is PPOR. Surely in the current market it makes more sense to rent and accumulate IP's first, then buy a PPOR later. Or is this crazy talk?