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  1. dex

    What is an acceptable gross/net yield now that rates are so low?

    There used to be a rough rule of thumb which said the gross yield was 5% for houses and 7% for units. That was when rates were higher than they are now. Of course this was flexible depending on the suburb and location. So now that standard variable rates are under 5%, do you think a 5.5% gross...
  2. dex

    If you engage a finance broker from here, do you tell them your username?

    There's lots of finance brokers on here chasing customers. Some are good and some aren't. I've had two really bad ones from here wirh thousands of posts but couldn't get the job done or communicate effectively. I've since found a good broker through here but emailed them without mentioning...
  3. dex

    Is $30k too much for a buyer's agent fee?

    My friend is looking for an inner city property in Melbourne and has engaged a BA to find them one because they live overseas. Their budget is $3-3.2m and it will be an IP until they return to live there in about 2 years with a young family. They've been quoted $30k which I think is an insane...
  4. dex

    The saddest photo taken from space

    Alexander Gerst took this photo last week from the International Space Station as it flew over the Gaza Strip which is 41km long x 6-12km wide. "If we ever will be visited by another species from somewhere in the universe, how would we explain to them what they might see as the very first...
  5. dex

    are St Kilda rentals soft now.. should I drop my rent?

    I had a tenant paying $295pw for a 1BR unit in St Kilda. He vacated a month ago so we advertised but had no takers. So 2 weeks ago we dropped to $285pw but still no takers. So last week we dropped to $275pw. I said to the PM I'd like $275pw for the first 6mths with the tenant having an option to...
  6. dex

    Science Summary of The Week

    There's a few guys here interested in science including American theoretical physicist Richard Feynman who worked on the Manhattan Project and developed the atomic bomb so I'll try and add to this thread every week. Courtesy of Reddit. Links here : ➤ Engineered red blood cells ➤ New Dwarf...
  7. dex

    Tenant wants 3 year old TV replaced.. any TV experts here?

    I got this email from a tenant who rents a condo from me in Bangkok. I have 2 x TV's in the condo.. a 55" LCD in the lounge and a 32" LCD in the bedroom. I bought both Samsung's brand new 3 years ago. The TV's are situated back to back with a wall dividing the lounge and bedroom so they share...
  8. dex

    Is it ok to pay my tax bill with LOC?

    I just received my tax bill :( Are there any problems with the deductibility of interest on my LOC if I use some of it to pay my tax bill?
  9. dex

    38 maps they didn't teach you in school

    https://imgur.com/a/zBnx9 Only a few countries not using the metric system.
  10. dex

    Anyone here purchased a cash bond?

    I've read about guys buying cash bond to help with their servicing once they hit the DSR wall but can anyone give any recent real life examples. I know Rixter is keen on them but has anyone else been using them and did you find the banks are accepting them at face value? Are they adjusting your...
  11. dex

    Any scuba divers here?

    Can anyone recommend a good regulator? I'm planning to buy a second regulator set for single tank, open water recreational diving in tropical climates. A dive instructor friend is steering me toward Scubapro gear which she says is top quality but I'm not sure it's worth the extra? I've half...
  12. dex

    Why are my posts being moderated?

    Whenever I make a post I get a message saying my post will be checked by a moderator to be approved before it's published. What is the reason for this? Is it because I'm posting from overseas using a proxy? The country I'm in doesn't allow me free internet use so I must use a proxy to access the...
  13. dex

    Inner Brisbane townhouse $450-$500k.. which areas fit my budget?

    Hi, I would like to buy a townhouse in inner Brisbane for around $450-$500k but could possibly go a bit higher than 500 if the place is right. I would like something quite modern and easy to maintain and rent out. I can put down a 30% deposit and will borrow the rest from an Aussie bank. I...
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