Recent content by Perth Investor

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    RBA Reduces rates by 0.50%

    The budget could be the last straw for JG (and by definition WS in his job) if they don't handle it VERY well. With public support at 27, they have no margin for error. Kevin will be laughing so hard when they ask him nicely to come back and run the party...
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    Is it the end of negative gearing

    this is absolutely the people they are targeting with a land tax proposal.
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    Ireland

    Player I find this bit disturbing: The U.S. has $60 trillion in unfunded liabilities. At the peak, in 2007, the total of U.S. mortgages was $15 trillion More disturbing than a Quentin Tarantino film...
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    Generous Lenders?

    And they will take 100% of rent, and they will disregard credit card debt... They're quite the generous lender for the right client.
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    Anyone else looking in Perth at the moment?

    Yeah plenty of data can be flawed, but the data I was referring to had 896 sales on it, and a history. But I'm sure with all the jobs growth, population growth, booming economy, government spending etc there is plenty of scope for growth. :)
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    Anyone else looking in Perth at the moment?

    What are the odds, and what metric are we using for success? I.e. we need a consistent reference point to start with. And I'm willing to put $5 on it. Cheers Noel
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    Anyone else looking in Perth at the moment?

    I meant in Sydney, I know the Perth ones are going nuts. But that's great, what suburb was it in? Cheers
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    Anyone else looking in Perth at the moment?

    Are rents going nuts there too?
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    Anyone else looking in Perth at the moment?

    Bring it on baby. I'm sensing a lack of bad news on the telly (carbon taxes notwithstanding...) is having a positive effect on the market finally. Anyone heard from Greece in the last 6 weeks?
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    How many people have an actual plan to pay down principal by xxx year

    No point paying off principle if you are still accumulating. You could have a loan on P and I, pay $20K off during the year, then go buy another house and the debt goes up by $500K. Makes the $20K look quite small in comparison. Just throw the money in an offset account, and pay $480K for...
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    Credit File Defaults - Removed

    I've had clients use wefixcredit.com cost about $1500 and took about 6 weeks. I make no other assertions about the company - good or bad - other than what I said above. I think some companies offer a no result - no fee option?
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    Anyone else looking in Perth at the moment?

    I'm in. New, long term, low cash costs, rents very strong. That's good enough for me.
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    NAB 15% valuation DROPS - a finance lesson - top up early and often

    I know someone really close to me (really really close) who used to work at nab, and do his own valuations, for his own client's properties, and then write the loans for them. No conflict at all given his bonuses were based on something other than lending growth for the role, so it was all...
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    Chinese miner eyes Perth suburbs

    Third it, still no link but...
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    3 & 5 year fixed rates thread

    Macquarie as well
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