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OK still sorting out vendor finance for block of land. I have a meeting with Vendor today. All things being equal, how hard is it to getting bank finance for a block of land? I think if i put a shed or whatever on it, doesnt add much value. So in a about 12 mths or so, I would like to...

Hi All, I am buying a block of land. Long story short I a may be moving to Darwin, I cant afford to be paying the high rents and dont yet enough deposit for a house. So I am looking at a block of land a bit further out. It does have electricty and thats about it. So will put a Caravan on...

Hi All, I am hoping next year I can have another crack at property invesment. I need to tidy up the 40k credit card debt. Mostly from trying to prop a business I had. Most of the credit cards I have are not listed on my Veda file. Only one. My question is next year I will be 45, do...

Hi all, I am looking at buying a house that was effected by latest cyclones in Far North Queensland. It needs a new roof and there is a lot of water damage inside. However property is real cheap and there is the pontentiol of good capital gains. I have some qoutes to re do roofing...

As some may know I was looking at buying a place in Cairns, but was knocked back and had to mark time for a few months. So I decided to rent in Cairns for the time being. The rental market has gone up 50 to 100 dollars for propeties. I asked a real estate agent why and he has told me that...

Sorry Moderators if this post is in the wrong spot. Wasn't sure where it goes, please move if you like. OK now to the post. We are in a mining town and my wife wants to move to Cairns. I would like to buy a PPOR in Cairns. We are not concerned the lack of employment or anything in Cairns...

Moderator please move to different section if you think it should be in different one. OK whats driving the Darwin Market? It appears on RE.com and domain anything that is below 400k is getting snapped up quickly? Is it all investors,FHOM? Seems a lot of buying especially given...

Hi all, A few months back I asked the real estate agent who manages my property to do a valuation. I was aware that the tenants wanted to buy the property and was just checking on price. The tenant told the agent he was intrested. I was already aware of this. The agent valued the place at...

Hi there, I am looking at renting a place. The real estate agent I am dealing with are near on impossible to deal with. I have left several messages etc etc. I have had inspection, told them I want the place, filled out the paper work. However they are dragging the chain and wont return my...

I and sorry if this is someone on this forum I came across this site http://www.easyhomes.net.au/RunScript.asp?page=13&p=ASP\Pg13.asp Dont have any problems with the idea of vendor finance and wraps etc. However they ask for a non refundable deposit of $750. You wouldnt even need to...

Hi all, Never a dull moment in my live. Sorry if this is in the wrong section, please move it if it is. As most know I have 3 IP's and 1 PPOR as follows, All x-coll. June 06 This is the one I am thinking of selling Purchase Price 186500 Loan amount 166000 Reval March 07 200000...

As above, with buying 2 properties as IP, Thought I would get more Here is some basic figures. 1st job tax paid 2925.00 Salary 11631.00 2nd job tax paid 17301.00 Salary 66576.00 Rental Income 7992.00...

Hi all, Just got my latest settlement statement, I cannot believe the LMI cost. Here is what I have brought in the last 12 months June 06 Purchase Price 186500 Loan amount 166000 LMI 1680 Reval March 07 200000 Sept 06 Purchase Price 189000...

Hi all, As above in general if I have 1 million dollars of IP's would I get 100k increase in equity a year?? I know there is holding costs, property expenses etc. However say over 5 to 10 years I am right to think that my IP portfolio will increase 100k a year on average? I am...

Hi All, As above. I am moving to Mackay and looking at buying a unit, however they all seem pretty expensive. Like 210 to 280K for a 2 bedroom unit, around the Mackay area near Shakespeare street. Could anyone in Mackay let me know where the market is at the moment in Mackay. I plan...

Hi guys, I have been offered a job OS. Money is not that good. 90k plus all expense paid except food and entertainment. After Tax will be about 55 to 60K. Also will get a ticket to Cairns once a year and Ticket to Brisbane once a year. Anyway my problem this will be my 3rd job in a year...

Whats peoples thoughts on the following???????? A mortgage broker has sent this to me. Positive Cash Mortgage Turning your current equity into positive Cash Flow. What’s Positive Cash Mortgage? The Positive Cash Mortgage (PCM) is an innovative mortgage product that delivers positive...

Hi all, I have just brought a property which is 890 sqm. Most of the current house, shed, pool etc is towards the front of the house. House has driveways both sides of the house. I have been thinking about dividing the block a little and putting in a transportable. I would then live in the...

As above. I couldnt find the bar to introduce myself, so I thought the coffee shop might be the place. Please move my post if there is a more approtiate place to post. I just joined this forum, being a intresting read of the last couple of days. Currently I have been in Queensland over the...