Recent content by Mushu Eddie

  1. M

    360k Where to Invest South East QLD

    Have been out of the country for the past week, thought I?d share some of the numbers of the areas that have been mentioned. When looking at Median price Redcliffe, Zillmere & Caboolture fit within the budget, these aren?t the standout suburbs as compared to the Brighton?s Thornside Everton...
  2. M

    360k Where to Invest South East QLD

    Cheers Jenko & Strongy!! Covers both outer north & south sides so a huge help & gives me a great base to kick off the weekends research.. vacancy rates/yields/days on market/owner to rental %/DSR etc On a side note, just seen a clip saying Brisbane will really kick up once gold coast &...
  3. M

    Gladstone Air-Con Recommendation

    Legendary AlmostBob! Can't thank you enough for your help on this, definitely a financial relief! I'll be sure to update with how it goes!
  4. M

    360k Where to Invest South East QLD

    Finally after being given the green light for a 90% loan which allows for excess funds to be parked into the offset, now the big question is where to invest with a limited budget topping out around the 360k mark. I will be looking at property that has room to add basic cosmetic upgrades to...
  5. M

    Gladstone Air-Con Recommendation

    Cheers AlmostBob! On the work order form it says it will require new PCB, tried to source but no luck. Wonder if these things come in & out of stock around the place so if I just say i'll wait until they can source one? Few hundred dollars certainly beats almost a couple grand!
  6. M

    Gladstone Air-Con Recommendation

    Cheers Spacebar!! Agent has obtained a few quotes & Azure looks the best priced so you were spot on! Frustratingly the unit's 2nd air-con is now leaking.. looks like xmas shopping will be tight this year!
  7. M

    Gladstone Air-Con Recommendation

    Hey somersofters, anyone have a good recommendation for a company to go through for a replacement air-con in gladstone, it's a small inner city unit. Agent says current 8 year old one has a "faulty outdoor PCB", whatever that means? Side question, can this expense be covered under insurance...
  8. M

    How long till a correction hits the property market

    Hey Deltaberry, agree prices won't pull back like that ever again.. if i had the funds to buy here a couple years ago i would have but didn't have the residency status or the funds back then.. 130k+ just for a deposit to get in the market here I think is crazy when i can use those funds for 2...
  9. M

    How long till a correction hits the property market

    Hey Cliff, yeah thats the plan should nervousness hit the market & the likeliehood of AUD going lower. Potentially a window of opportunity to get into the market saving me thousands in exhange rate transfer with the bonus of increased serviceabilty to open up my buying options which is quite...
  10. M

    How long till a correction hits the property market

    As an Aussie I'd be all over it if the market had another 61% pullback here in HK, only to have watched the prices double & triple over the past few years. Entry level market for a shoe box is definitely out of reach unless you have a spare 130+k AUD! I think the biggest reason for a market...
  11. M

    Gladstone QLD - How is it Going????

    Not sure how the rest of the gladstone investors are going but I'm tired of losing sleep wondering if i should hang on & ride out the storm or cut my losses? The problem is I don't even see selling my 25y/o inner city 2 bed furnished apartment as an option! So interested in knowing if anyone...
  12. M

    I always knew first impressions count!

    Now look what you've gone & done JDP111.. Just shown my wife the photos of the house & I'm pretty sure she's now making plans to leave me for someone who can afford a property like that :eek: On the plus side I might start investing in art :D
  13. M

    Looking in Brisbane to purchase my first IP

    As i keep researching for where to invest I came across this video from John Lindeman with his predictions for the Capital cities around Aus: http://www.youtube.com/watch?v=KXeDFRXnZ40 As you can hear he is not overly convinced Brisbane will be the booming market that everyone else...
  14. M

    Looking in Brisbane to purchase my first IP

    This thread is helping answer a question I've been searching for.. 2 bedder close to CBD or house with land further out, unfortunately though I'm looking at the low to mid 300k which restricts me to houses much further out than Taku's 400k. I have made some calls to buyers agents & they all give...
  15. M

    Using equity to buy next IP

    Cheers Jaime & Aaron for the reply, that adds another option that could tick both boxes of reducing non deductible debt & still being able to invest! Had a chat to my broker after getting the replies & he said he will do the necessary inquiries but due to my work circumstances thinks likely the...
Back
Top