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The Age - NAB cuts fixed-rate loans as pricing hits 20-year lows Pre-cursor of things to come from RBA or like the article says, simply a matter of a bank trying to attract customers?

http://www.news.com.au/realestate/perfect-storm-in-perth-market/story-fncq3era-1226593306857 Properties selling within hours of listing. Properties selling significantly above their asking price Multiple offers Panic / feverish buying Oh my, here we go again..... What happens...

Iron Ore in a tad trouble. http://www.mining.com/iron-ore-free-fall-strikes-projects-miners-and-frightens-investors-57714/ Not looking good for Perth property...though the Perma Bulls will tell you otherwise. Bottom line --> don't mess with the Chinese....if their melamine milk...

Bored at work today, I read the following article on the Courier Mail site - something about "News Limited's shadow board of respected economists" (too funny) predicting an end to rate drops, a steady hold and the next movement to be up...

Here's one for the mortgage brokers. The Broker who can get me out of this mess will be my best freind for life : Timeline Nov 2007 - I took out a home loan with Homeside lending for $500K to purchase a property for $545. LVR was 91.7%. Feb 2008 - I became concerned about rising...

Hi All, Does anyone have recommendations for a builder interested in a joint venture for a small townhouse development in inner-north, Brisbane? The property is 612m2, 60% GFA and D.A. approved for 3 upmarket townhouses (3 bedrooms, 1 study, 2.5 bathrooms, 3 levels, 2 dual LUG). The...

$2800 for their latest workshop on how to become a developer....lol I love these guys ---> self-proclaimed experts trading off people's ignorance....and that's all it is....but right or wrong, who really cares....they're out their making money and going forward right? As for the $2800...

Here's my story ---> I currently have an application with the Brisbane city council for a 3 x 4bdr, 3bth, 2 LUG, 3 level Townhouse development. The property is located in Nundah, Brisbane. I expect the DA to be approved within a couple of months (call me optimistic) and once approved will go...

Hi All, Just like to share my experience over the w/e concerning a 2bdr, 1bath, 1 LUG, cabity brick in unit at Northgate –you can view its details here http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=103468282&f=0&p=10&t=res&ty=&fmt=&header=&c=39155091&s=qld&snf=rbs&tm=1163399478...

I go to my USER CP.....from there how can I view all my posts? - in the same way when you click on a members name and it gives you that option in the drop down menu. George

Dear Peter Spann, My name is George Grubetic and I’m a reno-holic. I’m on my 2nd reno in my short investing career….a reno that’s becoming more overwhelming and hard yakka than building the pyramids….its tough, its grimy, its slow and its hard, and there seems to be more dust flying around...

Hi All, Thought I'd start a thread (yes, call me a copy-cat) detailing the in's and out's of a renovation I'm about to undertake on a 2bdr unit, 1bath, 1LUG unit at Nundah, Brisbane. Please see attached pics. Hopefully this thread can prove beneficial for everyone. George EDIT -...

Can someone please explain the difference between the U.S. and Australia with regards to geographical terms. In Australia, for example, we have major cities like Sydney and Perth and lessor ones such as Penrith and Ipswich…within those cities you have suburbs…. …. then you have places called...

Hi all, Could one of the mortgage brokers please help me out with some advice as I’m in a bit of a pickle with my bank. Quick synopsis – I currently own 2 units. Property # 1 valued at 200k (mortgage = 104k) and property # 2 valued at 250k (mortgage = 240k). Both mortgages are with NAB...

Serious, what is it with tilers, electricians and especially plumbers who promise to turn up for a quote but never show?....it’s just rude and unprofessional…then they’re the first to complain when the work starts to dry up….whatever! So if you find a good tradie, who’s reliable and also...

Hi all, Would anyone happen to know what the texture coat is called they use to put on ceilings back in the early 80’s and 70’s. It’s like a crumbly (is that a word?) surface. Someone told me it’s fire-proof. Anyone suggestions? George

Hi All, I’m interesting in hearing from investors who have recently (last 6 months) purchased any 2 bedroom units (or 1bdr) in the Brisbane area. What was your purchase price, what was the actual rent at the time and how did that yield sit with your investor philosophy and or goals...

You might have seen them listed on realestate.com.au…dozens of student accommodation units for sale in Shafston University at Kangaroo Point, Brisbane…approx. 27 m2, 2 bed type apartmemts, geared towards the overseas student market…...

Hi all, I’m in the process of buying an IP – a beat-up unit in the St Lucia/Toowong area (inner-city Brisbane). I have plans to renovate the place cookie-cutter style. My budget is $12K and time-frame for completion is 6 weeks. I plan on coordinating the work but not doing it myself due to...

Not a buyers market. Hi All, Just like to share my recent experiences with property in Brisbane. I’ve been looking to procure (hmm, actually I hate that word), make that acquire my 3rd investment property. I have a soft-spot for units so that’s what I’ve been looking and making offers...