Recent content by piNoob

Thank you JDM, makes sense! Need to work it out if possible to fit 6 villas, maybe worth buying house from neighbour and building myself :)

Hi, I know it's not easy to give advice without knowing all the details, but in general can you sell house for more if you can sell 2 houses next to each other with your neighbour? Both have ~560 sq/m land and are in Sydney (Padstow suburb). You can build duplex on each, so not sure if...

Hi, Not sure if this is the right area for my question, if not please move. Just a quick question, if family wants a bigger house, which is more financially viable option (on existing single story house): 1. Sell the house, buy bigger 1. Build second story e.g renovate 2. Knock down...

Thanks guys, I've also found this while googling about NG, explained me a lot. http://www.propertyinvesting.com/strategies/negativegearing

Hi, Can anyone please explain how NG works and how can one benefit from it in real terms? Thanks in advance.

When everyone is celebrating this as a good news, does this mean that 0% IR would be the best news ever? I somehow thought that IR going down means economy has some issues? Of course I completely understand those with big debts etc. :D

This article gave me an idea to run my own prediction business. Anyone willing to buy reports from me? :D Prediction #1: Prices always go up, insert your % here.

I don't see a reason why buy now unless you need it as a PPOR. As IP doesn't make sense, why not wait a little to see where markets are going?

Nah mate, I ain't financial wizard, that's true. I've paid of my PPOR and don't think it's good time for me to buy an IP. But you go ahead and get in debt up to your eyeballs mate, you can never loose. :eek:

What's the point? Put money in Ubank or similar for 6.51% pa and have better return without any headache. If markets will pick up in a year or five or ten, you'll have your chance.

:D Power of media these days, say whatever you want and suddenly it's true, no need to prove anything. When we bought our PPOR 11 years ago I don't remember inspecting any 4x2 newly mansions, nor I remember any of my friends wanting to by 4x2 either. So easy to generalize things.

How does this politician know what majority of FHB's wants? Does he go out and ask everybody?

Yes, I guess you're right, if this was the case last year, it must be the same again. And nothing else matters :)

Strange, last time I've checked waiting cost me nothing?

me too. I see no rush to buy for now, waiting to see what happens.