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  1. O

    does my bank manager hate me?

    In some cases it 35% I was reading in APM that some banks are going to 65% lvr on loan for smaller apartments apartments under 50sqm. I know that the valuation they give aren't good for them. I recently sold a under 50sqm apartment it came out to be $25k more than the bank was willing give...
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    REIWA - Rent and House values a joke?

    Out with the old Did you see the paper. The new younger commitee have sacked the CEO of REWIA. Maybe there is a big change coming? fingers crossed. Respect, Peace, Out. OPM-addict
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    What have your friends been saying to you .

    Most of the people I see when they ask about IP's are not interested in educating themselves about property investment. Their opinion is: "risky in this current enviroment" "I wait until the prices go down" "You dont know what the governments going to do with interest rates" and my...
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    Perth?

    Hi Glenn and Puppeteer. All in all, the suburb should rise at or above the rate for the metro area due to the fact that the available land has just about all been developed IMHO, I agree. But to put your cash in there now is not a wise choice. There are other areas that are offering better...
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    Accountants in Perth ?

    Hi all Forumites (especially Sandgropers), After going to my accountant for the past 5 years I have decided I need someone who really know what I am speaking about when I say IP and PPOR. So if any of you are or use a qualified accountant, who is up to date with Residential Investment...
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    REIWA - Rent and House values a joke?

    Nieces and Nephews hi Keen, I afraid your the land of WA. Wait Awhile. IMHO they should be up to date. After all we dont have a lot of population and our process of buying property is better (again IMHO) than the other states. Also, they dont break it down effectively enough. i.e. my...
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    the GST

    The ATO still hasn't worked out the problems with the GST. I would think they would handle one problem at a time. REspect, Peace, Out. OPM-addict
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    Finance Broker in Perth??

    Finance Broker Hi Tammy, There are many financial brokers around. But most don't know what they are really on about and sell only selected packages. The guy I use in Perth is Mr. Edward "Eddie" Mitchell. Not only he a financal broker, but he is the best I have ever dealt with in strata...
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    NT - not today, not tomorrow

    PM and Strata Managers Hi Ecogirl, I feel your pain. Similar situation happened to be in a high rise flat I was in last winter. In W.A. its "Wait Awhile". My problem was that the Strata Manager (SM) couldn't be contacted. She had turned off her phone that weekend. Why it was her birthday...
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    Interest Rates: What will the Reserve Bank do? (02/04)

    +0.5% .....said the gut I would take a stab at it. My gut says 0.5% increase. My head says 0.25% increase and my calculator says look at that beautiful IP, I just want to buy ...sigh. The RBA next decision will determine my choice this year on what and when to buy this year. Given the...
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    New book - Rich Dads Guide to becoming rich - any good?

    RK from RDPD books I just finished reading another RDPD book called "Prophecy". It explains that after 2006 that the worlds stockmarket will go through another turmoil. In true RK fashion its a lot of story telling. (need a campfire and marshmellows). But not a lot on the numbers that get...
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    Again defence housing

    Hi Saibaba, The yield is horrible, but the good news is if this war on terrorism continues your sure to have tennents. Thanks to all for the information on defence force housing it seems too expensive expecially if you includes rates and stratas if any. But each person walks down their...
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    Dammit - I've got that itch again.

    Hi Herman, I understand what puppeteer talk about with people asking about advice on no money down deals. I give whatever limited advice I can to people. Some act on it others don't. I have only 3 properties but I'm looking for my 4th now and it will not involve a "No money down deal"...
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    Dammit - I've got that itch again.

    The Y generation "Y should I learn a trade. I know how to use a computer. I have skills" (Yes, you and about 1 billion other people on this planet) "Y should I read a non-fiction book. They don't interest me and besides I read a lot in high school about maths" (If RDPD is the only this...
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    Perth?

    East Perth There is a oversupply in the market there. A typical franchise on a theme of multi-density housing, thou better than the older type of apartments. (I guess the architects have stoped smoking since the 70's.) They have both 2x1 to 3x2.5 apartments/no common area developemnts thru...
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    Dammit - I've got that itch again.

    what is a TLA ?:confused:
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    Dammit - I've got that itch again.

    Junkies Were all junkies. Hooked on OPM. It starts by wanting to place screws in the wall to hang up photos, a better colour of paint in the living room and to have a pet. Its the soft, entrance level nartotic called a PPOR. Some stay there and are happy being stOWNED by the bank...
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    property investor psychological profile - an informed opinion!

    obsessive-compulsive tendencies - No really. I a sharer. I share my real estate so other can have decent place to abode in. with a myopic personality not unlike stamp collectors. - To hell with stamps. I dont want to put anything in a book so no one can see it. Mother weened too early...
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    Property Cycle

    Right on Sunstone Life is short. Invest HARD. :D I agree with Brenda the Australian property cycle will start again in 2009. Though some areas will increase more than others over the next few years. Interesting enough that is the year when the start of the baby boomers (1944) will be...
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    BIS Shrapnel-correct 50% of the time

    The times BIS Shrapnel reports are similar to a watch I got in Bali. They are right only twice a day. :D Respect, Peace. Out. OPM-addict
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