Recent content by Felix

Settle on Tuesday, Paddington QLD IP2 snagged it under market value and well under previous offers from a couple of months ago :)

Rolf, You got it in one. You've eased my mind a little. Thanks

So a bit of an update; I've managed to get the following Purchase price: $571,000 Deposit: $50,000 Stamp Duty: $20,000 LMI: $20,000 (round figures) Total borrowed amount: $562,950 which is actually a total LVR of 98.59% Return: $700 p/w I'm trying to wrap my head around...

What can I do with the joint ownership? I am familiar with the way the bank assesses it :( No non deductible debt & there's around 140k equity that I can draw down against with my brothers consent.

Hey everyone, I've been a long time lurker and have unfortunitley allow work to get the better of my over the last few years. Anyhow, I've initiated my 'get out of the rat race' strategy and purchased a investment property yesterday. I just wanted to float my current strategy and get some...

Hey Everyone, Long time lurker, but haven’t been posting much. I've finally got myself into a position to dive head first into the property market and wanted to openly discuss some options. Brief background I'm 25, and recently come back from a gap year (get the travel out of the system...

I'll come along for a chin wag.

Long term reader :) I'll make an appearance as I'm keen to take a dip into the property game. So count me in.

have you looked at getting finance? with an income of 96,000 (combined) I would assume you'd be able to borrow close to 400,000?? you would have a reasonable saving record etc... but some times lenders are willing to lend 110% of the property value, I'd give a morgage broker a ring and...

I've just completed my first year of uni at QUT (studying construction management). I managed to get a 'cadetship' which allows me to work full time around my uni timetable, they also pay for all subjects that are passed. In my opinion, the best investment is obviously in education, for you...

I'm thinking the gold coast. Southern Gold Soast has a airport at coolangatta, so convienant trips back to the city (melbourne/sydney or where ever). Within 1 hour of brisbane (so not far from city life), laid back, close to the beach, warm weather climate. and house prices in comparrison to...

Those of you who are interested in talking to fellow young investors or just like minded people. A state based group called Young (at heart) property investors club. Currently there is around 50 people in talks Australia wide, with one meeting already taken place (I attended and it looks...

I was at the meeting last Sunday and all seems good. Their is no age bracket, but it is encouraging younger investors to shares ideas and their approaches etc... We do realise with age comes experience, and the more experience people can bring to the table, the better the club will be. I...