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I have done next to no due diligence! But I have a potential scenario. A relative has died recently and her house will go to auction. It is unsalvageable and is on a large block and one of a few in the area that is not yet subdivided. I am almost in tears that I don't have the cash / couldn't...

I have had a phone conversation with a company today who have told me that banks are required by law to annually review all LVRs (surely this means they need to get valuations done on every property every year?), and therefore if my LVR goes above their threshold, they will call in the loan...

Has anyone heard of this company? They have been suggested to us for a "chat" by a PM in Moranbah to "discuss strategies". We have a property in Moranbah that is worth less than we paid. I googled them and it seems they deal with bankruptcies. I had a return call from them today to schedule...

Hi All, We're considering Broken Hill - low entry point and at least some cash flow is where we need to be as we have a Moranbah property tying us up sadly... Does anyone have thoughts on Broken Hill? Our main concern is the slowly declining population. Cheers