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Hey everyone, This may be a bit of a silly question, but how does one choose a broker? Other than referrals, are there any specific characteristics I should be looking for? As even going to someone that has been referred to you may be a bad option.

Hi All, Just wanted to get people's feedback or thoughts on a little conundrum I have at the moment. I currently live in Sydney and am looking at purchasing an IP. As I work in the Sydney CBD my original idea was to buy within Sydney, live there for a period of time (more than 6 months)...

Hi Guys, Just talking to a mate regarding a way to structure a loan. He told me that some instituations allow you to setup an Interest Only loan with a 100% Off-Set account whereby the money in the offset reduces the Principle, thus reducing your repayments. Does one know which...

This Character can't make up his mind. http://www.news.com.au/business/money/story/0,28323,25378732-5013951,00.html

Hi Guys, Just wondering, is it possible to sell a property with the terms to Settle in say 6 months time? How will this affect someone who is buying the property and wants to use the First Home Owners Grant? The situation behind this is: My mother would like to sell her IP but her...

KRUDD has confirmed no extension to the First Home Owners grant. http://www.news.com.au/business/money/story/0,28323,25373584-5013951,00.html Finally we're going to be back to a buyers market :)

Hi Guys, Looking at the current situation in the low end of the market, it is getting harder and harder to find decent properties, let alone bargins. We are now seeing a sellers market in the bottom end and anything that is advertised is snapped up immediately, I've tried calling REA and...

Hi guys, Quick question regarding the FHOGs. If my partner and I are both purchasing a first home (not brand new) to we receive $14k or $28k? Thanks in advance

Hi Guys, Just wondering how real estate agents pick up if a buyer is going to get FHOGs? This is not information we have to disclose is it? I've got my Pre-Approval application in the works at the moment but have not properly started looking at properties to purchase. I've been doing...

Hi Guys, One major step in the process of choosing and deciding on whether to buy property or not, is to analyse and crunch the numbers as thorough as possible to find the financial feasability. The confusing part that I find with this is that there are SOOOO many numbers, calculators and...

With such varied opinions on the GFC and where the economy is heading it is hard to gauge when to buy. FHOGs and low interest rates are increasing the purchasing power and affordability of the lower end of the market and many different sources are establishing this through the amount of...

Hi Guys, I am currently looking at purchasing for the first time and am getting rather overwhelmed at searching for the right one. The amounts of people I'm seeing at open houses and stories about lots of FHB more or less throwing money at agents/vendors due to inexperience at negotiating is...

Hi Guys, In a previous thread i'd asked what real estates mean when they have advised that a property is "Under Contract / Under Offer". I've been informed that this means that someone has signed a Contract for the property and it is in its 5 day cooling off period. Now from what i...

Hi Guys, I have read in many books, articles, opinions etc that purchasing on particular roads in a suburb can make a world of difference in the price of the real estate. I can imagine the proximity to schools, train stations, bus stops etc would obviously make some streets more expensive...

Hi Guys, Just about to buy my first IP and just want to be up to date on the legal standings which I have as an investor. If I am to get a Property Manager to look after the handling of the property and such, what legal rights and standings do I have if they are not pulling their weight...

Hi Everyone, This may seem like a random question but would you purchase a unit on the ground floor of a building or on the second floor? My purchase is going to be as an investment and I know that it would obviously depend on the state the unit is in and also a renter's own situation but...

Hi All, I have been doing alot of research via books and such regarding various techniques of positive and negative gearing. Basically i understand the concept that the basic idea of Negative Gearing is for tax breaks and also a wait for Capital Growth. Positive gearing is more or less...

Hi Guys, I have been told about apartments in Chippendale NSW which are 1 bedders, 1 bathroom and single garage, which are selling for $240K and approx. renting for $395. What are your thoughts on it? I am still trying to get information for this but to me it seems like its almost too...

Hi, I am new to this game and about to apply for my first loan to purchase my first investment property and have read so many resources regarding property investment, each having ideas of what type of features a loan should have, soo many in fact that I am now lost as to what I require. My...