Recent content by ChrisA1

Agree with manufacture growth either through reno, subdivision, development. Depends on how active you want to be to generate your gains over and above the generic market movements. If you're wanting a passive generic growth, keep researching locations.

Excellent! I agree.. agent of the decade there! Will keep looking, hopefully this is a once off.

I was reading Property Observer today and saw an article about a book written by Craig Turnbull called Crowdfunding Real Estate - The Next Generation of Property Investing. Sounds an interesting approach to sourcing funds?? It could take a while to raise the necessary funds if you sourced...

As part of comparing properties on PF, I am looking at properties' sales histories. I happened to go onto RE.com.au to look for photos from a previous sale to find that RE.com.au is quoting a sold price that is $21,000 higher than what PR is quoting. The sales dates on both re.com.au and PF are...

That's rich for me!! Having the choice to do what you want when you want and not being driven by your job or finances is a solid foundation to aim for, then you can go further. I like your comment in the first post to hold down your day job. This is what is needed to pay the bills until you...

Like assessing all businesses, you need to assess the people and processes in the business. From the commentary above, it sounds like there may be a few questions around the business practices. It may be also worthwhile to see if you can investigate what the business owner's strategy is going...

I'm wondering if they will put postcode filter on the rules (eg if the postcode where you're proposing to buy starts with a 20 or 30, then this is your criteria, otherwise these are the rules....). It will also be interesting to see if/when they lift the rules or whether these rules will...

I decided to take the plunge and pay for Pricefinder on a month by month basis (that's my understanding anyway! - haven't tried to pull out of the system yet). I tried also to get into the 7 day free trial but was bounced out 3 times. I needed the data so took the plunge. If you can pull...

Agree, especially since the OP is living at home and doesn't have a mortgage to support as well (can change your perspective on things). One thing I learnt from Nathan Birch when I spoke with him in 2008 was at that point he didn't have a PPoR to draw equity out of for deposits etc. He said...

MTR, your comment clarified it for me in deciding whether to refinance or sell to release equity - will holding a property with the revised interest rates and costs hurt me if/when the prices drop?? Better to take a smaller profit now and be able to keep going rather than try to wring the...

I saw the newspaper article in the attachment about investors investing in companies providing private lending/private mortgages. Scott Pape, author calls it peer-peer lending. The article states that it is risky due to the borrowers that may come to these companies. Companies that provide...

Thanks Terry for your comment about the income from capital gains generally not being counted as income for serviceability purposes. I agree that financiers wouldn't treat this as a regular income unless this was your main business. It interested me that at this month's market update in Sydney...

Great comments HiEquity. You talk about batteries vs the grid. I agree that the grid has been built (and both need regular maintenance) but there are no shareholders for batteries. I'm not sure the shareholders will be pleased to see reducing electricity prices for their returns (I agree with...

There are many people who can help in your search and managing the properties outside your immediate area - BAs for buying, interviewing many PMs for managing and always the SS community!

Agree, since we work fulltime and the c**p feed in tariffs, we decided to include batteries for our night use. It added $10K to the price but allowed us to capture the sun's power while we weren't there. The cost of batteries is coming down. The WP forum is great for getting your thoughts together.