:D Jahn,
I'm with you buddy... I have noticed this as well, heck most of the 5 year fixed rates are less than the current variable rates right now!. But if the RBA does say increase 2x .25% you will see a marked increase in the fixed rates (to make up for previous losses). They will always be...
:confused: Hmmm? in answer to your post.... I wasn't big noting at all!... what I was trying to say was that the same people (media etc) are saying the same things about the real estate market is cooked & going cold etc.... same as this time last year!
& if you read my post I said `I found the...
Hi retiredby50,
Congrats if you have (retired that is)... My point was that if all the banks are willing to do 5 years fixed rates in the early 6's then they certainly have the view that the market will not be in for a major rate rise to 9%.. Actually shortly after buy the above property I was...
Greg, Cathy & Brains....
The bubble was going to burst supposedly last september!!!! according to the media & anal.ysts wasn't it!... Two int/rate increases (.25% each) in two months straight & the market cooled down somewhat. Auctions wern't going as well (in fact a big drop in auction sales)...
Kochie wouldn't know an investment if he was sitting on it!... as for `investing in cash'!!!!! please?... LB how they heck are inexperienced investors going to become experienced if they sit on the sidelines & wait!!!!! wait for what?....huh...
Get out there...talk to agents & other...
Firstly, the rental guarantee is only as good as the paper it is written on!... Do your due dilligence & find out through an independent valuer exactly what the ip's price should be & what it should rent for. More often than not your'e paying for 80-90% of the rental guarantee in the purchase...
Hi Renzent,
You can find an example here at http://www.propertyinvesting.com/strategies/flips
Steve McKnight has a wealth of info at this site...
www.propertyinvesting.com.au plenty of examples & a grt forum to boot! (just like this one! :-)
Hope this helps...
Duane
:D
Great post Brains,
Youv'e hit the nail right on the head!. Cashed up & waiting for the right time again:D (unless of course anything else presents itself shortly) ah.... time for more research:o
Cheers,
Duane
Please forgive me Paulzag & Amedeo:(
this link is to a story relating to a couple who were very lucky to get their money back out of HK & NII... ( if it hadn't been for channel 7)...
http://www.jenman.com.au/NewsStories1.php?id=56
Shortly after I posted this link yesterday morning the whole...
Hi all again,
Since posting this url & viewing the content this morning the website site has gone down... hmmm?. It was in no way complimentary to NII & there was some channel 7 film footage mentioned etc... It was a story about the traumas of a couple who were trying to get their money back...
Hi all,
Just thought I would post this link to the Jenman site regarding Henry Kaye & N.I.I.
http://www.jenman.com.au/NewsStories1.php?id=56[URL=http://www.jenman.com.au/NewsStories1.php?id=56]
This needs to be read by everyone browsing this forum.
It is a warning to all of us to be aware...
Hey Always_Learning,
I can supply some air tickets to get to see your Lunar patch if you like?... Also no gst if you pay cash & the tickets are one way fares on `Crash & Burn Airways' heheheh
er how many of those lots @$49 do you have left by the way?
:D :D :D :D :D :D :D :D :D :D :D
Cheers...