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Huge lurker here. I haven't personally contributed to this forum, so I feel somewhat guilty posting at the Eleventh Hour but I couldn't help but login just to say thank you to everyone for contributing to this forum. The wealth of knowledge found on these pages which I used almost like a...

Our Obsession, Thanks for all the links. Much apreciated Best Regards, x-gen

travelbug - thanks for the logical response. Propertunity - geez when you put it that way.... :o although it would be nice to have a collection of 'nice' houses :D

Well what I was trying to convey is that i'd drive through and if the house was in a bad area that I personally wouldn't ever consider living in, then there is a greater chance that others would feel the same way. No?

Propertunity Propertunity, Thanks - didn't realise that was the method they utilised. Just out of interest, as a buyer's agent, i'm assuming you would have streamlined your DD process by now. Is there any 10 second rule (or 1 minute rule :D ) you use as an initial screening on properties for...

Hi all, I was just wondering if there are any reports or anywhere I can go to get the CG figures of suburbs in OZ over the last year and/or over the last 7 years or so. I have access to RPdata, however I'm not sure how accurate the CG figures are. I take it the numbers would be skewed and...

Hi Jason, ppreciate the suggestion. The property is the cheapest 2 bedder of it's size i've found at around 1km from cbd. Thanks, X

I've downloaded 2. 1. http://users.on.net/%7Ethefirstbruce/IP1.zip 2. http://www.somersoft.com/forums/attachment.php?attachmentid=1339&d=1151022451 There is a ton of other spreadsheets here... http://www.somersoft.com/forums/showthread.php?t=26452 x

contrary, err..in short its a terrible investment? thanks, X

Hi all, I posted this in accounting, however thought it might be more appropriate here. I have downloaded the IP calculator and have punched in the following numbers. Asking Property Value $550,000 (100% lend) Purchase Costs $21,340 upfront Borrowing Costs $900...

Hi Cashflowplus, I just worked out the numbers a little more. you're right, it's around cashflow -10k pa. I estimate the cap gains to be around 5% p/a. For a 500k property - is this a little too much negative cash flow? thanks, X

Hi Philip, The numbers are correct. It will be an 100% lend (actually will be lending 570k for stamp duty etc) Farmilor is correct, the cashflow position is increasing the figures below are negative rather than positive. Regarding the tail-end of the question, anyone with thoughts on...

Hi all, I've been playing around with an IP calculator I've found on the forums (thank-you to the creator) and punched in all the numbers. What I realised is after punching in all the numbers, I've got no idea what the resulting finding are telling me or how to evaluate them. Some of...