Recent content by dedfred

Holy Cow - What have I started???? :confused: Guys, My question to begin with was to kick of this post to seek some general advise in relation to the suburbs I've identified. My question's were very specific and I think we've actually gone south on the post not west :) I want to buy...

Property reports Hi BV, I wished someone told me this a little sooner I would have saved myself $215.00 :( . I'm not too sure what other people's thoughts are on Residex reports, I tend to think they were/are pretty good. No doubt it is a trend analysis and given that the property cycle...

Hi Nathan, Seeing that you are putting you money into this area are you able to share your logic behind your investment. Do you have research that leads you to believe the boom is going to happen or is it something else. I would love to get some insight from you. Please post your reply or...

I guess I'll take that as a 'I wish I knew' Nathan :confused:

Hi All, Dedfred is back on line looking for property number 3. This time after much thought we’ve decided to make a lifestyle move and purchase a house for us to move into (currently living in a 3 br unit in Lidcombe). However, even though it’s a place we’re going to live in, I want to make...

Thanks guys Hi Witzl, Sash & Jacque, Thank you so much for your replies. Jacque, your post is really good and is something I needed to be shot down and remember the basics. Sash and Witzl, thanks for the tips on the inner west suburbs...to be honest I really haven’t paid much attention in my...

Hi Jacque, Thank you for your reply and believe me when I say I know I'm pushing by buck to the limit. I will look at alternate suburbs like Parra etc and thanks for the info in relation to Strata as well. This is a question to all out there. How do you property guru's work it? I know the...

Hi Peter, These links dont work mate. Would have loved to look at what Residex had to say but I think I'm gonna have to by the latest report. Cheers Trev

Hi Jacque & Devo, I'm in the market for IP no:2 as well, I initially thought I had a borrowing capacity of may around the high $300's but got shot down to the low $200's. Well, that's not going to make me stop, just need to look in different places now with a different budget. :-) I'm...

Its time for number 2 Hi All, We're back in the market from IP no#2. Our first IP (Morayfield Brisbane) has done rather well over the last 12 months. Got it for $270K (got a $290K loan to cover expenses), and just got the bank evaluation back and its now $320K (conservative). We've got some...

Hi Sim, This will be my second meeting (first was at Glebe), question for you. We've got a young family, do people bring thier kids to these gatherings or is it a big no no...its hard to find someone to watch 3 kids in the one go :-( Worse case, I'll attend myself and see how it goes...need...

Great Summary Steve...thanks heaps. Trev

Looks like we're in the same boat... I'm in the same situation as you, living in Sydney and do not have a clue about South Australia isn't the easiest task to buy IP number II:( . Saying that I bought my first IP in QLD, and it took a lot of hard work and time. :) I guess I'm looking for...

Lol...Lol Ha!!! Ha!!! Nice one... lol :D I was hoping for some advise to stay in Sydney or shop in SA - maybe Elizabeth, is there any good evidence as to why this area is going to boom, council plans etc. If I can get some websites for me to read up I'll really appreciate it. I dont plan to...

If you could borrow 250K (maybe 300K), lived in Sydney and was looking to purchase your 2nd IP. Would you: Look to buy a 1BR unit in the suburbs near the CBD. Look interstate at QLD and see if you can still get a bargain within this budget Look in the much talked about SA, and north...