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    Is Australia facing an economic downturn/recession?

    Hobo, Great info! My thoughts. Australia is linked to the strength of commodities. Overall commodity pricing will continue to be solid. (why outlined below) Negative Drivers for Australia Forex issues will continue to dampen profits for Australian producers BDI indicates softening of...
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    New Mine Central West NSW

    Locko, The only further info that you might find helpful is this. Plenty of punters don't connect the dots and forget about the underlying driver. We picked up a place in a town called ravensthorpe. The big driver was nickel and BHP was the one horse town. We doubled our money in three...
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    New Mine Central West NSW

    I wrote this for another thread and will add a couple of extra notes at the bottom for you. Even one has differing risk levels. There is probably nothing wrong with buying in a mining town as a portion of your portfolio to offset risk. At the end of the day you need to understand the...
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    Picks For Positively Geared Property

    Even one has differing risk levels. There is probably nothing wrong with buying in a mining town as a portion of your portfolio to offset risk. At the end of the day you need to understand the underlying commodity price and future supply / demand to work out if you believe the town is to...
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    You dont know, what you don't know!

    Thanks for the input guys... Yes 12% net profit (excluding tax) is living on the edge. The market turns south 13% and gulp..... Couple of more details. Gosnells council, 916sqm, level sandy corner block. Back of the envelope (based on pricing) looks like this, 3 Bed, 2 Bath 127sq internal...
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    Why NOT to buy in the USA?

    MFR Loans “Sorry - lost you. Go out and get me one or two of these MFR loans that you seem to think are growing on trees.” You are lost because I didn’t state MFR loans were growing on trees, nor say they are easy to attain. In fact IMO bankers are often tarred with the same brush and credit...
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    Why NOT to buy in the USA?

    Law / Perp Easy to tell I have a high level of respect for Reggie and his team, good calls with data backed analysis. Liquidity. To place this in context, liquidity was in reference to the QE handouts. Essentially the QE series cranked up the printing presses for fiat currency, pumped...
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    Why NOT to buy in the USA?

    Lawsjs, The "question" to Reggie that forms the bulk of the post is not mine unfortunately, as I wish my pockets were deep enough for 9500 units! Therefore the "question" does not form my own views or observations which frankly are inconsequential next to someone like Reggie. Did you...
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    Why NOT to buy in the USA?

    Guys, great thread and tip my hat to your knowledge. This is my first reply, so hopefully works out fine. Perp, With your combined knowledge and positive attitude a creamy deal is sure to land for you. Appreciate you detailing your experience. Without raining on the parade, I was reading...
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    You dont know, what you don't know!

    Hi All, New to the forum, first post and wow what a wealth of experience out there! My vast knowledge of building and subdividing can comfortably be placed on the back of a postage stamp. You can guess where this heading and I would appreciate any help or tips. The Scenario. Location...
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