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  1. M

    Going to buy my first property who do I talk to?

    Well better late than never, I think I'm finally got enough cash to get my first property. My strategy is to hopefully be able to buy a property a year and use equity to finance subsequent purchases. Do I need to speak to a broker or a financial planner when it comes to loan type and...
  2. M

    where are the best free data?

    Hey guys, I would of thought there would be a sticky on this. But would anyone be able to share a link to where they get their property market data from? yields, CG, vacancies, etc? I'm talking about free sources reliable. The only suburb profiles I can find are...
  3. M

    Another Brisbane question

    Hey guys, After reading and following this forum for the last few months I have come to the conclusion that it is probably much easier to find good deals with good chance of CG and CF+ properties in Brisbane. My situation is I'm 29yo, I have low capital (About $60-70k) and I'm on about...
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    rules of thumb when identifying deals?

    Hey guys, eveyone on here talks about a good deal. Just wondering what are the fundamental things to look for in a deal? The only things I have been doing is looking at recent sales prices and comparing properties that are comparable. I also look at the yield and how much it's going to cost...
  5. M

    Is is impossible to find a deal in western sydney at the moment??

    Hey guys, I've been looking at my first IP in the St marys, north st marys and oxley park area. Are there any other suburbs surrounding you could recomend worth looking at? Seems like those areas a slightly nicer than your normal 2770 suburbs and command a premium price. Market is so hot...
  6. M

    bank valuations?

    Hey guys, I understand mortgage valuations would be on the conservative side, but as a rule of thumb, how many % below market value would the banks value your property to establish how much equity are in your assets? Located in NSW. Thanks guys
  7. M

    First home buyer incentives and how it is affected or effects subsequent IP purchases

    Hey guys, Say for instance I am intitled to a stamp duty exemption and $15k grant for a new off the plan property, and I put my name down and a deposit to buy the property. The property is finished in 12-24 months, Am I able to buy an investment property as soon as I put a deposit down...
  8. M

    my situation- best way to work with what I've got

    Hey guys, we might have met in this forum when I asked about parental guarentees/equity release a few days ago. Thanks for all the great info I'm really learning so much on this forum I cannot thank you guys enough. I am 29 yo, single, no dependants, and I have a gross income on 96k I...
  9. M

    basic costs to factor in when calculating outgoings?

    Hey guys, what would be a basic list of costs when calculating outgoings, and what kind of rate would you apply for these costs? I know every property or scenario is different but Ive come up with the following: - water - property management fees - building and landlord insurance - repairs...
  10. M

    Family guarentee for ip?

    Hey guys, I have a decent paying job but I have limited capital. My parents have a fair amount of equity in their ppor and ip's. I was wondering if it's possible to use that equity in a family guarentee for my own ip's? Thanks guys
  11. M

    Your thoughts on southern sydney city - waterloo, mascot etc

    Hey guys, I'm looking for a ppor and obviously capital growth is a priority. I work and live in the city (pyrmont). I own this property as well, and it's at the point where my place is cashflow netral now so I would like to buy a slightly bigger place and get my friend to live with me and...
  12. M

    Your opinions on Blacktown and surrounds

    Hey guys, Blacktown has exepreinced some good growth over the last few years, Just wondering if you could still see potential in the area? Seems like you can still get houses in the Blacktown, Marayong, wentworthville, toongabbie suburbs for circa 600k on large blocks with subdivision...
  13. M

    Sydney - Looking at first property

    Hey guys, I'm in the market for my first property. My budget is sub 750k, and I was wonder what's your opinion on what type of property in which areas I should investigate? I'm not picky about where i will live as it will only be short term (a couple of years) until I can afford my next...
  14. M

    sydney north market predictions in the short term?

    Hey guys, I just wanted to hear your opinions and thoughts on where the north shore 2br market would be going in the short term. Looking at an entry for my first home, but am a bit nervouse to get in with all the noise about the market. I'm looking at buying somewhere along the train...
  15. M

    your thoughts on sydney's north shore

    Hey guys, I'm looking at buying my first property in the next 6 months. The idea is to try and buy a property in Sydney's north shore that I will be living in initially, but would like to have the option of converting it to a IP at a later date if i decide to move elsewhere or upgrade. I...
  16. M

    what lvr would you recomend a newb?

    Hey guys, new to the game, I'm looking at buying my first property, and maybe in half to one years time, my second. At the moment i have about 80k in capital. I'm looking at properties in the 350k range. I'm just wondering what your thoughts on financing should be. for 80k, i...
  17. M

    Sydney's options

    Hi guys, looking into buying my first property. In terms of investment I've learnt that western Sydney is the winner characterised by low vacancy's and high growth and good yeild. The problems is i want to take advantage of my first home buyers grant and as you know you need to live in it...
  18. M

    Buying first property in Sydney

    Hey guys, long time browser, first time poster, great forum you have here. I've made the decision to buy my first property and move out of home. I just want to be pointed in the right direction. my financial situation is im on 60k a year, no debt, I'm not too sure how much I should spend...
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