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IP #2 settles today - brand new 4 bed + study in Wakerley QLD, about 17Km from the Brisbane CBD towards Manly. The largest single level design in the estate. We signed the contract late last year - so far it has only cost us the deposit bond, but believe it has already gone up ~50K in value...

"Forgive me Forum, for I have sinned. It has been 2 months since my last posting..." Feels like ages. It's been an exciting 2 months. Around 7 weeks ago I gave very short notice and accepted a challenging role with a large Australasian finance / insurance group of companies (still IT...

Is there any hassles with changing loan brokers (other than having to change hands holding their head underwater to sign the new docs)? Does it cause any issues with the bank or existing loans? How about any pre-approvals that you may have? Any advice appreciated. Thanks,

Last night Tony Delroy on ABC interviewed Kim Kiyosaki. The podcast of the interview can be downloaded here: http://www.abc.net.au/nightlife/stories/nightlifepodcast.htm I haven't heard it yet, but am downloading it as I type. From the website: Cheers,

Has there been a course on recently expounding CF+ propoerties - without any follow-up support? Perhaps it was a radio program? I don't say this to be mean, I just think it's really interesting that there are quite a few post from new forumites asking for assistance in buying cashflow +ve...

Warning - this thread may have a propensity to devolve into a 60's English sitcom. Perhaps some of the statesmen of the forum can help me through my emotional crisis? (Take a step back ladies, this could get ugly). Now, I'm a early-mid thirties guy. I still feel young even though my...

Looking at a contract for a Westpac LOC (Rocket) there is a clause that has terms to the effect of the following (sorry, don't have clause at hand): Westpac can, at any time, reduce the amount of credit available in the LOC and requires that any shortfall (ie, outstanding amount above the new...

I was pondering the onslaught of literature justifying the argument that the property market (particularly Sydney) is overvalued based upon the affordability figures. I don't have the figures at hand, but the argument goes something like "property is still 15% overvalued because it took 30% of...

Today the AGSM has offered a new course in Real Estate Investment and Financing Decisions for session 2 for full-time and MBA exec students who meet the criteria - must have done Corporate Finance and only 1 elective. It's a 6 week course as it is being conducted with the full-time MBA, only...

What am I doing here - American Dad's on, then The Family Guy. Don't know if you saw last week's Family Guy - one of the funniest moments that I've ever seen on tele was in last week's episode - I was crying and could hardly breath I was laughing so hard. 4 blokes (well, including a dog & a...

Can anybody recommend a valuer in Coffs Harbour - particularly one in a major lender's panel (eg Westpac)? Same for building inspectors. Also, any rental yield history or long-term stats / observations of the area that anyone would care to share? Thanks, Barracuda (we'll get that "2"...

I missed the ACA story last night on "where to buy" - still I would have had to sit through the rest of the show, so I reckon it's no great loss. It appears that Residex have a special "ACA" offer of 5 quarterly reports for the price of 4. I'm not sire if this is a limited offer or just the...

Just recieved an updated Notice of Valuation from the NSW Valuer General for the PPOR. The valuation is a decent jump from the previous valuation (from memory, hve to find the last one). Has anybody had any luck in convincing the Valuer General that he might have gone too far? My...

Gudday, I'm only new to the forums but have already learned alot whilst lurking. Keep it up. We don't have any IP's yet. It's been a few years (5) since we bought our PPOR - so am having to restart the research mode again. Being Sydney based, I'm likely to wish to invest in Sydney or...