Recent content by Real-istic

I think rates are being used to try and control both imported inflation and the mining prices..... but all they seem to be doing is creating a 2-tier economy. Small business and individuals are frightened and therefore commercial and consumer confidence is through the floor if you work in...

Blue card- sorry, to answer your question - no we dont have anything in Bayswater. Coastal is our thing, or regional CBD, and we try to keep subdivisions to 3 per title to avoid commercial rates Cheers

Hi again all and thanks for the advice Keith we are working on that spreadsheet now:), The biggest problem we are having is crystal balling and deciding on what direction we want to take. We checked into the Macquarie thing further today though and it looks like it might be what we are...

Hi Keith, Our shares date back to the 90's but they were certainly not acquired with any sense of strategy or purpose, just a few rumblings and a very ad hoc approach and they are dwarfed by our property portfolio. We had already decided that this year we would turn from property pretty much...

Hi all, I have question regarding cancelled contracts if anyone knows the answer. After a contract has gone unconditional, didn't settle then passed the default time and was cancelled, what are the remaining time constraints? I know that the deposit if forfeited, and if the property...

Thanks Keith! Very Very excited..... just checked the product disclosures on the macquarie product and it doesn't specify anything about what you use the margin loans for.. excellent! Lots and Lots of reading to do now to see what all the varying loan %'s are about. We are wayyyyy to...

Hi again, Keith -Just trying to get my head around the margin loan thing again. So if as an example you have a property that went up from 400K to 500K and you were able to access 80% of the increase (80K) in this case you would take this cash an invest in shares? Then with the 80K in shares...

Hi Keith, I dont know what dividend yields the banks will accept but if maybe you have been lucky enough to achieve better results than we have seen, with returns of average around 1.25%, and a margin loan to service we were more concerned that this would adversely effect our serviceability...

Hi Rixter, Just a quick question. How would a change in the lending criteria affect the plan down the track? Not being a doom and gloomer but with the end of no-docs and the cut back in lo-docs we have found that this strategy is getting really tough. Our last lo-loc ended up being more like...

Great idea Michael. I don't know why we didn't think of doing that, probably because of the subdivision costs initally but the value of the remaining blocks plus a couple of houses might be worth while. I have one site I am thinking of which we bought last year but was recently revalued at 70K...

Thanks for your input Michael I am grateful that we did not demolish some of the houses on the development blocks as at least they are now tenanted. We are still holding quite a lot of vacant land though and of course it has no return only outgoings. We had a plan to develop and hold all...

Hi all, I have been floating around the forum for a while but I have finally decided to post. I was wondering what strategies you experienced SS'ser have (if any) to help with the waves of investing. Namely for us we have quite a few IP's and some that we were planning to develop and...