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They don't shower much down there.

Deception Bay = Inala by the Sea. But in saying that I think it's a wise area to invest. No matter how much a place is full'o'bogans, if it's by the sea it will get good growth. Brighton and Sandgate are other sh*tdumps where sooner or later people will buy it up and build brand new...

Are they student accom or serviced apartments? There's always heaps on Victoria Rd that are student accom for about that pirce.

I still like Richmond, Collingwood, Fitzroy, Carlton, North Melbourne. That inner city ring is very desirable and will only become more so.

Is there any particular reason why you feel the need to make such bitchy comments? Here you go again:rolleyes:

Unfortunately that's par for the course on this forum. Very cliquey and full of know-alls who like to do their best to turn new posters away.

Here is what his "free" report will say: 1. Your house is worth $X. X being 10-20% over market value 2. Your loan is $Y, your equity is $Z (X-Y) 3. A new house in your area is worth A. A being 10-20% over market value 4. If you use Z for a deposit on A it will only cost you $40 a week...

I also think it's a slightly risky time to buy OTP in Richmond at the moment. I don't think the market will go backwards, but when you settle you might get little or no growth depending on how well you buy. I have no doubt that right now in Richmond that an older 2br unit in between...

Cirque is not a new building. It's a reno. Go drive past it on Lord st. It's an old office building that they are going to do up. Overpriced IMO. What I have noticed is new 1br in Richmond go for just over $400k whilst 2br are close to $600k. I think 1br will rise to $450k before long

I agree. You can never do a poll that is perfect, includes everything, and allows everyone to be on the same page. I'm a bit surprised at how many people here go against the grain for no good reason. I've also noticed there's a fair few know-alls who frequent SS.

Henry Kaye would respond but he's in the slammer.

Here is the OP:

Tip: start your own thread. This has nothing to do with the thread. And "if you was just sayin' ", take it to another thread. The only people who seem to think it has anything to do with competing are the ones claiming that competing is wrong and hell bent on changing the thread into their...

Most likely timing. I don't think a lot of people who are doing b+h would crack the mill in the last 5 years. Had you started 10 years ago you probably would have done the $1m inside 5 years simply because all markets were firing.

I'd suggest you have totally misinterpreted the OP. it's a simple snapshot designed to show one arbitrary view of the posters here. Given that nearly everyone who has voted is anonymous, there is no comparing going on, and no one is blowing their trumpet. You read a lot more into it than was...

That's at a mininum. More like to be 3 or 4 times that. Maybe we should pitch in a buy a suburb like Lalor Park and develop it.

Not sure we're on the same page here? I'm sure I'm not telling you anything you don't already know but what I mean by 100% lending is using equity from another IP for the 20% deposit and then borrowing the 80% on the new IP. I know. I've been doing it for some years. Essentially I'm asking you...

Some text book stuff there. I would have thought that is resi buy + hold -ve gear. A good plan nevertheless. Each year when you are buying a new IP, are you using equity in one of your IPs to fund deposits and borrowing 100%?

But what is important is how much they own/owe on the PPOR. Given that most people access equity in the PPOR to buy IPs, the PPOR needs to be included. I considered $2m, but $1m is enough of a platform for people to know they have the base.

I did consider it but then you'd get someone who does 80% Resi buy and hold but has bought one off plan and has done 1 sub divvy. I'm really after what people predominant strategy is. If there isn't one, there's an option.