Recent content by polly

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    Has anyone used this Buyers agent?

    Hi there Just wondering if anyone has used Metropole (http://www.metropole.com.au/) as a buyer's agent to purchase an investment property(s)? If so, would you recommend using them for a first time property investor? The costs seem rather high. Are they good enough to help me purchase a...
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    "REAL WORLD" Real Estate Workshop

    I just got MY's two books: 1) Thriving Not Just Surviving in Changing Times 2) How to Grow a Multi-Million dollar Property Portfolio in your spare time. Think I'll start with reading these and if I still need more info I'll have a think about atteding the workshop. Thx for sharing your...
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    "REAL WORLD" Real Estate Workshop

    Hi all Has anyone been to one of these workshops in the past run by Michael Yardney from Metropole? http://www.michaelyardney.com/seminars/realworld.html Just wondering what you thought of it and wether it was worth it? Interested to hear more about it.
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    When to settle??

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    When to settle??

    Hi there I'm looking at buying my first IP which I think I have found. Tax wise would it be best if I try and settle this financial year or should I ensure the settlement date is post 30th June 2007? I'm not sure how the tax side of things works, so thought I would ask all you experts out...
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    First timer - where do I start?

    Why is it a rule of thumb to use a rental yield of 7%? Is this effected by interest rate rises? Thanks Polly
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    First timer - where do I start?

    Thanks Arkay Very easy to undertand explanation. Appreciate the help. Cheers Polly
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    First timer - where do I start?

    Thanks alexlee Yes, that is right. I've increased my repayments above what they should be and I also pay at least an extra $100 per fortnight on top of that as long as I don't have any huge bills to pay. How is the yield calculated? Something else to learn... How did you come up with...
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    First timer - where do I start?

    Thanks Simon for the instructions to find/contact the morgage brokers. You said that the deposit will be sourced by topping up my current mortgage - does this get set up as a separate loan to my mortgage so that I can claim it as a tax deduction? I'm not sure how this part of it works...
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    First timer - where do I start?

    Thanks Geoff What is the best way to contact these morgage brokers? Polly
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    First timer - where do I start?

    How do I find the mortgage brokers on this site?
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    First timer - where do I start?

    Hi all I've been reading through lots of threads with great interest and feel that I am ready to buy my first IP but really don't know where to start. I'm a single mum aged 41 with one child aged 14. Many of you have said in this forum "if the figures work, go for it". But how do I know if...
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