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Well, the fact is, property investing in Australia since 1996 have pretty much made the concepts of yields, cashflow etc largely irrelavant. I think many of us on this forum have made lots of mullah on the strong capital growth of the past decade, even in the face of some significant negative...

This is another reason why I avoid OTP like the plague.

Thanks Xenia for sharing the experience. I'd have to take double the photoes from now during all the changeover in tenants.

One thing I find alot in Seaford/Frankston are those hanging shoes on power lines. Are there THAT many druggies in the area?

Where in Australia do you buy a property for 300k and rent for $1k per WEEK? I'd buy 10 right now.

I have a LOC in both my partner and mine names. I also have a joint trading account. The interest we incur in the LOC is split 50:50 to us, the shares we buy are also split 50:50.

How big is the cash flow shortfall? And what is the composition of the loan between deductible (IP) and non-deductible (PPOR)? You could change IP loan to IO (if not already) to free up a bit of cash flow. And if you have some offset in the IP loan, move it to PPOR so you get a bit more tax...

Why is it that people feel the need to spread D&G? Isn't the MSM doing enough of that already? The interest rates are racing towards record lows again, rental vacancy is still hovering around historical lows, and the Fed government is pumping all the budget surplus into the economy. The...

Hopefully you get your deposit back 100%. Sounds like this building is totally unliveable and about to collapse into a sorry heap any minute!

Relatively higher crime rate. Surrounding industrial area. Lower social-economic demographics. All these factors drag down the prices. However Broady should offer enough upside opportunity to offset the negative factors, for the bold investors.

I view the drop in 4-bedroom houses in bluechip suburbs as confirmation that former corporate high flyers are now getting hammered with threats of being made redundant, bonuses withdrawn and all around doom-and-gloom. Also these houses have historically very low yield, so they're very...

This forum is about like-minded investors helping one another on the journey to financial freedom. Lately too many bitter **** trolls have flooded the board and contributed nothing but regurgitated the same thing over and over again. Now with interest rates racing towards record lows, I...

Good decision. Typically these OTP CBD apartments are marketed to overseas / expat buyers who have little idea of the local property scene, resulting in fat margins for the developers. Despite the savings in stamp duty, despite the high depreciation schedule, OTP apartments are IMO the...

With the interest rate tumbling so fast (another forcasted 50bps coming in a couple of weeks time in December), why the rush to sell? Now that with the Mac Bank credit card and $40k in emergency cash, wouldn't you be able to ride out this rough patch and hold on? 2 months ago I was...

John Edwards was absolutely right when he said that Perth was a one-trick pony earlier this year. Now that commodity prices have dived, just watch Perth get absolutely hammered. For me, I'm usually a bull, but even I'm quite uncomfortable with the thousands of dollars that I'm subsidising...

You are very cryptic WW. I, too, am wondering about the "doh". I'd be happy if I were in MM's shoes.

Back to normal... i.e. double every 7 to 10 years for well located property, and the uptrend to be visible within 6-12 months.

This sounds like a fair price. How much floorboard space are we talking about here? If say 50 sqm this is probably within ballpark. Do you mean you need to pay out both sums from your own pocket, because AAMI won't honor the claim?

Yep I agree. I think this is the bottom of the market, time for us sharp investors to snap up the bargains before the general public recognise the great buying opportunities. Currently I'm about 50% leveraged, time to bring that up to 70% and ride the upcoming boom.

So which part is the nicer part of Croydon? Between Maroondah Hwy and Canterbury Roads?