Recent content by Rondofj

Caboolture looks so far out on the northern end to be even associated with Brisbane. Which bogan or Logan do people refer to because theres Logan Central, Loganlea but not just 'Logan'. Lol theres even a trailer park/ Shailer Park therebouts as well.:D I like Brisbane though, laid back nice...

Forgot to mention that aIm looking for cashflowvand hopefully good gains down the track, but cashflow for now. And I do know that the sydney suburbs mentioned have woken up :eek:

Hi there, Im from Sydney and looking to buy my first IP in Brisvegas around 250-300k. Can anyone tell me which Brisbane suburbs are like these Sydney suburbs: Mt Druitt n surrounds, Liverpool, Warwick Farm, Campbelltown, Blacktown, Auburn, Cabramatta?, Berala? etc. Lower socio...

Thanks for the tips guys, I just had a read of Jamie's post about IO loans and have started to see things in a new light. What happens after the IO loans 30yr period though? As we dont wana pay principal. Take another 30yr loan? The good thing is the 300k loan after 25yrs will, after all the...

Heya all, Been lurking on here a bit and owe you guys a great deal for the learning resources! Sydney based 37/m, no properties yet, work as an architect/crappy industry as we are in n out of jobs every now n then. Savings up to 400k. Salary between jobs 85-110k Have come up with a very rough...

Hey guys, I am a random reader of this forum and have thrown in the occassional thread. Basically have a plan to invest in the 'reject suburbs' of Western Sydney meaning the Mt Druitt area - Emerton, Whalan, Shalvey, Tregear, Lethbridge Park, Willmot, Dharruk etc. Plan is to buy a cheap...

Thanks for the reply PT Bear, getting to see some Light in IO loans now. Does it make sense to convert a IO loan after 10yrs to PI or to another IO loan for an Investment purpose? Because the only advantage i can see is within the first 10yrs where the loan is tax deductable. After the...

So how does the loan convert to a PI or another IO loan after the interest only term assuming you have paid off all the interest at the end of the term, say 5-10 yrs?? Because then you only have the principal left. What is the general strategy with investors taking IO Loans- how many years...

Hi all thanks for your good suggestions...:) I have just started reading 'Property Prosper Retire' by Kevin Young, a local. Just reading through his completely different strategy from Steve McKnight (0-130 Properties in 3.5 Years) and Robert Kiyosaki (Rich Dad Poor Dad). Kevin's...

Thanks for the replies and helpful hints guys, I also have in mind that I NEED to get properties below market value if I can, now how do I do this - keep a watchful eye online on domain and realestate.com.au?? Throw offers around and wait to get lucky?? Mortgagee sales I heard are...

G'Day All, My name's Ron and this is my first post in here after joining a week ago. I must say it is such a great and helpful online forum for property investors in Oz and elsewhere. Let me introduce myself. I am a single 34yo male from Parramatta NSW, and work fultime as an architect in...