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    Bank west New Loan

    Hi All, ANy of you familiar with Bank West's new capped loan? It works like a variable loan only is capped at a certain interest rate. I thought it was quite interesting. Anyone here on it? Feedback would be great. Thanks
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    Melb - Healesville, Berwick, Mornington or Somerville?

    From the lot I'd say Berwick, although I am a bit bias as I live there. I wouldnt mind buying an IP there but since you already own one there, maybe you want to diversify. Rental in Berwick is good. train station. And a lot of education facilities. Monash, TEC, the new selective entry...
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    Which suburb?

    Hi All, I am looking for a 2br place and am considering the following suburbs (in order of preference) 1. Kensington a 2br place suit the demographics there - young professionals good rents excellent transport 2. Maribyrnong a 2br place suit the demographics there - young...
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    Multiple offers??

    hmmm....that sounds ok but i guess maybe to make it clearer what if i make 3 offers and all 3 gets accepted. and I decide to take the best offer and reject the other 2. Is that still legal?
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    Multiple offers??

    Recently i heard chris gray from empire on one of the real estate talk shows. He said that he made multiple offers to various properties at any one time. Is that a strategy that any of you use? and more importantly, is it legal??
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    Portfolio Lending - Xtreme X-Coll!

    I have a loan with westpac. I met with a westpact loan consultant and she said for my first IP it could be cross collaterised or a stand alone loan. So I was under the impression that I could apply for a stand alone loan and therefore have two properties and two loans with westpac. Here is...
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    Trusts & Structures

    Thanks mate. That was the exact type of document I was looking for.
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    % Property ownership

    Yup. It didnt exactly go like your skit. But I think the concepts were well highlighted in the skit. Basically buy close to the city and you will be ok. Distance from city is bad.
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    Choice of suburbs?

    I'd consider the Nunawading area in general over clayton and moorabin. Good infrastructure and close to Glen Waverley as well. i think you will find that a lot of ppl wanting to live in Glen will be priced out and the next place they look for is Nunawading being quite close. I was like this...
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    Choice of suburbs?

    I lived in Clayton for 5 years. I enjoyed it as a student. But thats the thing about Clayton, there are so many students. and from experience, these students are here a few years and then off somewhere else and as a result a lot of the properties are not well taken care off, messy frontyard...
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    % Property ownership

    Nope. Nothing of that sort. They were transparent and only charged a fixed fee for any deal. In that sense, I was happy with how they carried out their work. I was tossing between using them or just going independently. There are pros and cons to both sides. The biggest con in using them...
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    % Property ownership

    Apologies. The kick off meeting was complimentary. But should I choose to engage in their services there is obviously a charge. That charge was what I was referring to.
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    % Property ownership

    Hi prop, Nope, I did not pay for the property advisor. It was a kick off meeting and he was giving me some insights into the drivers of the market. They are a fairly well known advisory company, and most of what they say made a lot of sense. I thought the price for consultation was fairly...
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    % Property ownership

    Hi All, I met with a property adviser today and he said along the lines that I should be looking for areas with a roughly even owner occupied vs renting. His logic was that these areas tend to be betters supported in times or recession of bad economic times. In the good times, owner buyers...
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