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  1. M

    buy to the max or buy cheaper and pay less interest?

    A PPOR can be a good income-producing asset, provided you utilise the equity to purchase those assets. Unfortunately, if all you do with the PPOR is live in it without tapping into the equity, then it is wasted. I view my PPOR and IPs no differently.
  2. M

    Another PPOR to IP question

    Lynn That is EXACTLY what a well meaning friend/neighbour sais about our ex-PPOR in Sydney, in a very good location , close to shops,excellent schools,etc. He said sell, as you don't want tenants destroying the house. I am holding on, and I know I will not regret doing so. Advice from well...
  3. M

    Sydney suburbs with potential to do a renovation and sell?

    reno Kam Having been through a major renovation recently, I can attest to the fact tradesmen and builders (and construction in general) is too darn expensive. You would have to do the bulk of the work yourself. However, if you are prepared to buy in eastern , northern or inner west suburbs...
  4. M

    Took 10 years - but it does happen

    Daz My plan is to spin off the equity I accumulate in property, using an equity loan, and purchase a combo of shares and managed funds. At home loan interest rates, I reckon over the longterm, the combination of franked dividends and CG should mean my shares would be ahead of my interest...
  5. M

    Are the planets really in line for a strong growth in medium term?

    chatswood to epping I fully agree, prices in Lindfield, Roseville, Chatswood, Willoughby, and to a lesser extent Killara, have been screaming along this last 18 months. I have seen houses sell in Lindfield and Roseville for between $2.2 to $4.6 million, the former for grand Fed homes that...
  6. M

    Are the planets really in line for a strong growth in medium term?

    chatswood to epping I fully agree, prices in Lindfield, Roseville, Chatswood, Willoughby, and to a lesser extent Killara, have been screaming along this last 18 months. I have seen houses sell in Lindfield and Roseville for between $2.2 to $4.6 million, the former for grand Fed homes that...
  7. M

    Baulkham Hills/Castle Hill

    Highly Geared Are you after a freestanding house, or would a townhouse do? We're in the North Shore, and it is great, close to schools, facilities, and relatively quick into town. If it was me,I would prefer a townhouse in the north Shore, Epping, Eastwood, areas. i think these areas are...
  8. M

    Mortgage Stress and Rental Stress in Sydney

    alex I have been considering investing in the NW os Sydney too. I am still unsure where would gibe me the best bang for my buck. baulkham Hills looks like it has come down a bit, and may represent fair value in time. Problem: no train. Carlingford and parts of Dundas Valley are closer to the...
  9. M

    impact of stockmarket crash on property prices

    Hey all, I have asked this question in a previous forum,albeit differently worded.It is not rocket science to figure out there will be a correction or crash on the stockmarket at some time. I believe it will impact on property prices. one would be led to assume there will be downward presuure on...
  10. M

    One Parent Families and PI Opportunities

    xenia Care to share how your dad did it? i am always keen to learn from those that have done it?
  11. M

    declining property prices?

    And here in lies the essence of why most property investors do what they do- to buy back some time while they have family/friends they can spend time with. That is why I do what I do,HG. You sound young(under 30 at least), possibly haven't been knocked around financially, probably no kids. Hell...
  12. M

    Where is Sydney on the property cycle right now?

    ASDF I agree, the sentiment in late 2005 was certainly different to now. Houses in the northeastern part of Chatswood, also Roseville, Lindfield,etc are doing well, but only the fully renovated houses. The older run-down houses are less buoyant, but have held their value and crept up some since...
  13. M

    Where is Sydney on the property cycle right now?

    Jacque The entry price is steep. The holding costs would be enormous, because of the disconnect between yield and price. I prefer the Northwest/Hills area, but am still divided on where exactly. The increased infrastructure,incl. retail, transport,etc makes it a good prospect in my opinion. The...
  14. M

    2006 census says there is NO SHORTAGE

    This means I can save at least 10-15k MORE for investing in other places vs buying each year while having a significantly better quality of life. Interestingly, what do you invest in? It obviously isn't property, is it? Could it be shares, or bonds? What are you creating there,BTW? A...
  15. M

    Where is Sydney on the property cycle right now?

    Hi all, does anyone(investor or owner occupier) see any real value (considering rental yield and CG potential) in Sydney, within any respectable distance from the Harbour/CBD? I am struggling to find anything of value within 20km of CBD. Yields are still under 5%, probably closer to 4% for...
  16. M

    declining property prices?

    Hi everyone, what do people feel the impact of a stock market correction or crash will have on property prices? I have heard they work in reverse, when stocks are out of favour, property is in. However, the root cause of the current market correction is easy credit, primarily to housing. That in...
  17. M

    Share Market Crash will bring up or down on housing Market

    Analyst Did you buy after 9/11, or did you panic and sell like everyone else? It is when the market falls(in property or shares) that presents the buying opportunities that will prove profitable over the LONGTERM. Have you read Ben Graham's book on value investing in stocks? It is called 'The...
  18. M

    So how do shares work?

    I think on a percentage basis, shares have a better return than property, taking into account yield(including franking) and CG. I am however uncomfortable with the prospect of borrowing(margin loan) to buy them, unless the margin is small. I will9and have), however, redraw from a home equity...
  19. M

    housing crash

    Michael Will do Rob
  20. M

    housing crash

    Michael yardney When property crashed in the early 90s, what % drops did we see from the peak in '89? I'll see you at the seminar this Saturday(Sydney). Rob
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