Recent content by Snowgum

Thanks for your help. We are going to see our broker today with the intention of extending our current LOC to use as deposits etc and taking out a separate loan for the units. We will also tell our broker of our long term plans re investing (something we have not done :eek: ). If we are...

Thanks Rolf. We will speak to our broker tomorrow about setting up a LOC rather than using the current set up (x coll). Then later on down the track we will have the option of using equity in the units, or new LOC for deposit?? The units are being brought in my partners name for tax...

Hi Guys I have been reading about finance and x coll til I can no longer make sense of anything. I was hoping you could steer me in the right direction. We are about to purchase our first IP - a block of 5 units ($418 + buying costs). We found that St George could give us the best deal...

Jo - I, like you, agree with Acey that Smuffy should find a way to learn that she finds most enjoyable. But please realise that some people learn better in an environment that is not stressful. If she finds that posting in a forum is going to upset her, then maybe you are right. I mean, she...

I have a young son who is interested in leading a life of luxury and was pleasantly surprised, on searching, to discover a number of threads initiated by Smuffy. Thank you to all the people who have responded positively to young Smuffy. I will pass this information on to my son. I think he...

Hi All We have found a property (on the internet) which we are interested in purchasing. Trouble is .... we have been told that a couple of other interested people have already had building inspections done and, depending on that, may put in an offer. My question ...... do we put an offer...

Firstly I want to thank you all for giving me some great ideas. Sounds like obtaining the services of a consultant is a big plus for the inexperienced (read 'not confident'). Would anyone be able to recommend a property consultant in the Canberra region?

Thank you all for your responses. I have just finished reading 'How Investing in Commercial Property Really Works' and found it really informative. Although I have read numerous books on residential property, I am not very confident about investing in commercial. Has anyone ever used the...

Hi All I was wondering if anyone could give their impression on commercial and residential property ie does commercial property 'follow' residential in its cycles or does commercial move up and down irrespective of what the residential market is doing. If commercial does follow residential...

Hi Y'all I have come across some information which I REALLY would like to use but don't know how.:( You see ....... I have heard tell of an area in regional Australia where they have asked for developers to assist with building new homes for an expected influx of workers. Being...