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Hey Guys, Received an email today from ING stating i now receive 1% cashback on all mortgage repayments! With the same condition as the 2% cashback of paywaves of $1000 deposited per month. Thought some people may be interested Thanks

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I would have to agree with Doozer about White Rock, it was my first preference when crunching numbers but after driving around looking at properties there you could tell noone cared about their properties and were rundown and the general feel of the area was sketchy we then moved our search over...

Thanks for the link Hobo

Hey guys, just wondering as I already paid stamp duty on 2 properties will they be exempt from this new tax? Does anyone know how they will treat already owned properties? Cheers

The rate cut was far from surprising, pretty sure it has been predicted for quite a few months tto occur when it did? Any links to back up the rest of your statements

So will the banks now lower thier variable rates for existing loans?

Or Clean the walls first, you usually notice touch up paint because the older paint has dust or grime, also make sure you shake/stir the paint because the tints can sit at the bottom.

A good read, Thanks DT

Is anyone using this App and how do you find its accuracy? https://realas.com/about/ Happy to see its priced my latest purchase 15k over what i paid :)

Seems to me that timing the market to get good short term growth is a massive part of the success of this strategy. Or ofcourse instant equity adds, Reno or Dev.and then time in market, and another con I can see is if life circumstances dictate a need for sale especially in your later yrs then...

Hey again, another question if you are continuously using the equity to buy more properties then you wouldnt have much equity to live off, as the yrs go by and property goes up you will be using more and more equity to go again and since timing the market isnt an important part of the strategy...

Hey Rixter, Great strategy and one im looking to adapt to myself,a few questions though, after u have left your job are the rents going to be enough in the Lenders eyes to service this repeating cycle? Wont they catch on and work out you will never pay them off or that doesnt matter to them...

So it is! Not sure where I got every 4 yrs from. Pls disregard for 18 months :)

Not sure where to put this but as this will be my first time as an investor (and actually care about) Census results, Is there usually alot of people dissecting the information and using it to make investment decisions? Will it create increases in values in certain areas based on the results...

Think this may be one of those "Only you can decide whats more important" decisions! personally i would pay the debt first (actually personally i would never have a 33k car loan...) Good luck

Reminds of the time i went and inspected a property to rent and the previous tenant (who was still there at the time) tried to sell me the pergola "he" built along with the slate floors to living/dining and the solid wooden doors he had installed throughout the house. After a good laugh i...

Yea exactly except they are upfront about the commisions and kickbacks. Havent been able to find any negative feedback about them yet though.

Great advice Rolf, and is exactly what I told him, The way they explained to him was he pays them nothing and they have access to a full team from mortgage brokers to developers and even property managers and will organise everything. I tried to explain that people work for the person that pays...

Hey Guys, Anyone familiar with the Auspropertypanel? i have a friend that attended a seminar last night in the NT and has booked a 1on1 session, they are offering their services to him for free which has set off alarm bells for me and they seem to have him very excited, i tried to tell him to do...