Recent content by ziels

Re Bigtone, eeew: Good point on the price guys. I was of the same view of the price but defintely good to have someone reaffirm it. What are the general ball park prices for OPT - I mean are they generally higher than current market value (with the reason it being new, tax depreciation, etc...

Well this financial planner setup is actually a team of two - not sure if makes any diff. One of them is the financial planner, other one is the 'real estate agent'. So effectively, one will give the big check saying you can afford it. And the other will come along with a list of properties...

No idea. But you are most prob right about the 5%. Nasty !! Strangely enough, Sandringham is where my financial adviser had bought into - an OTP as well. Would not want to get into this situation. But I would imagine location could be a factor?? Would Port Melbourne be any diff - or pretty...

To be absolutely honest, this being my first IP, I think I have been too gullible in going with my financial adviser. My financial adviser started by wanting to review my finances and mentioned that I am in good financial standing to get some IP's. And after several sessions, I must admit I...

Hi, I have been reading quite a number of posts about Off the Plan (OTP) purchases, in particular one good thread discussing this - link below. Being new to this forum, my very first IP, and OTP; I hope I could get some of your thoughts on this, rather than just the ideal 10 year property...