Recent content by molly1a

  1. M

    Good Debt, Bad Debt and No Debt

    Cost Hi The presentation cost $19.95 for myself Hubby no cost. The only thing they tried to sell was their mentorship program but honestly they barely spent 5 min on this all the rest was just great info
  2. M

    Good Debt, Bad Debt and No Debt

    No Debt Hi Their thought was to either have low debt or no debt. The deals that they are doing were for eg subdivision,they may sell off both the land and the house, or sell off the land at the back to pay down the front house then all rent from this was theirs. They also talked alot...
  3. M

    Good Debt, Bad Debt and No Debt

    Seminar Hi The Presentation was based on the different opportunities that have worked for them and not necessarily waiting for the growth. They talked on many subjects subdivision, splitter blocks, reno, options, goal setting, mindset etc Of course they all promoted their course or...
  4. M

    Good Debt, Bad Debt and No Debt

    Hi All Question , Question we attended a great Seminar today in Sydney the presenters were Nhan Nguyen, Matt Jones, Jennie Brown and David Wright. It was a fabulous day and opened our eyes to many concepts. What i am questioning is their thought on No Debt, to tell you the truth we always...
  5. M

    The future of Muswellbrook

    I have had Google alerts set for wherever I have Investments. Last week 2 projects have had the go ahead for Muswellbrook one being Tertiary Education Centre, the other being an Aged Care Centre. Also 2 mines in the area Mt Arthur, cant remember the name of the other Mine but they both got...
  6. M

    Strategy - need to change ??

    Hi Yes thats right we were all about buy and hold. We feel that when we started in 2010 buy and hold was right for us just not sure now. I feel that it may not be the right strategy, due to needing good growth in a short time frame 5 years. Thanks
  7. M

    Strategy - need to change ??

    HI All Just wrote the longest thread and went to post it and lost it hear I am starting it again. We started investing in the year 2010 we have 5 investments plus our PPOR . We originally had a strategy of buy and hold thinking we would but 12-14 propertys sell a few in a few years and...
  8. M

    The future of Muswellbrook

    We bought there in 2010 have had 4 years of fantastic rent return. When it became vacant in May we went in updated the inside, we changed Property Managers and we met the market with price. So we were able to get a tenant took about 2 weeks . I know mining has definitely affected Muswellbrook...
  9. M

    what interest rate are you paying at the moment?

    Hi We have gone from over 5% at the beginning of this year to a low 4.69% with St George many thanks to our Broker as well he put it all together.
  10. M

    Hunter Valley Vacancy rate high

    Hi All We have an investment in the Hunter Valley Muswellbrook we bought there in 2010 have had some great rent over the years but now there are over 180 houses to rent ours being one of those. Our major concern is that there is a developer that has a 32 stage land release and that he is only...
  11. M

    How long would you wait on a broker?

    We have just worked with Shahin would highly recommend him. His service was excellent we have just done a refinance with him uncrossed all our loans and got a great interest rete as well as releasing good equity.Very happy.. Regards Molly1a
  12. M

    Muswellbrook

    Hi all We have had an investment for 4 years at Muswellbrook we were encouraged at the time of purchase to furnish which we did. Anyway our tenants are moving out the vacancy rates are 10% and we have been told by PM that it could take 2 weeks or 3 months to rent. We have decided to do a...
  13. M

    Data at the Back of the Property Magazines

    Hi All Wondering if anyone knows if the data at the back of the property magazines would be available as a Excel spreadsheet it would be great to access this info? Thanks in advance
  14. M

    Current Home Loan interest rates

    Rate We thought our rate was good we have had 2 rate drops this year went from 5.03% to 4.99% now down to 4.89% for just under 1,500,000 million debt. Looking at other peoples rates on here we still are along way from a good rate.
  15. M

    FINANCE QUESTION Hindsight is wonderful

    Harsh words Wow that's harsh to tell you the truth it was late and as usual property on my mind. I remember dozing that's why there are multiple letters when I looked at the post I tried to edit but wasn't successful. Could do with some tuition there on how to edit post or delete ? I was...
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