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  1. Easton

    My offer has been accepted!! My 1st Property!!

    Congrats Kim :) I know you've been doing a lot to prepare for this.
  2. Easton

    Housing Commission for IP?

    I'm not sure there's any talk about it - so i'm assuming this is an outrageously bad idea. But I was just wondering about providing your investment property for the government housing commission, I've been asked to look into it as there is a lot less for you to generally worry about? As your...
  3. Easton

    Looking to buy second IP - go for CF or CG?

    I've bought in Lake Macquarie - although it's the worst/cheapest kind of waterfront you can imagine as it's only a riverfront and without it's own jetty. I'm going to try and get approval for a jetty but I doubt my chances. Once it's settled i'll take some snaps though! :)
  4. Easton

    Looking to buy second IP - go for CF or CG?

    Hi Kim! Well you've brought my thread back from the dead. We asked for 330k and they wouldn't budge under 340k. It was a stalemate for about a week, then a buyer whos been looking at the property for months came in and nabbed it for 340k. I think a competing agent in the same agency...
  5. Easton

    Adding Rental Value?

    I'm looking at getting an IP, and I was wondering what might be effective methods in increasing rent? Since I intend on keeping it as a rental property for at least the next 7 years. I don't want to make any upgrades which won't eventually pay itself off. It's more than likely that in 8-10 years...
  6. Easton

    To those who borrow using LMI

    I'm no expert on the topic but, I know that I had to pay LMI to apply for a loan this week. Otherwise the loan's limit won't allow me to try and purchase another property. The LMI is about $3500 but I was happy to pay it in order to be able to buy this property now.
  7. Easton

    Attention newbies!

    This is a great tip! I think she was the author of a previous book I once read "Streets Ahead"? I'm gonna look and pick one up.
  8. Easton

    Savings Goal - Deposit

    Sorry I know it's a bit confusing! I didn't explain it fully. I didn't save 55k in 8 months, I just had 55k after 8 months :D Because i'm freelance my income fluctuates, I go through quiet and busy cycles, and the past 8 months is an inaccurate snapshot of my true annual income. I also had...
  9. Easton

    Selling photos

    I have to make a living as a freelance photographer and to survive you really need to be aware of a) the different avenues to make money out of your images. And b) WHICH avenue to use to sell YOUR type of images. The best way to look at it is that photography pays in two stages. The first...
  10. Easton

    New buyers... Fix or variable

    I'm really not the expert here so i'll just chime in what I'm currently thinking of doing.. I'm thinking of fixing it for 1 year. Sounds like it's peaked but not exactly falling any minute so I could do with the slightly lower interest rate by fixing it for at least a year. .. but i'm...
  11. Easton

    Savings Goal - Deposit

    I'm not on the best income but my savings is the only way that I can meddle with Investment Property. Last year I saved 96k for my first IP (no home or existing equity), it's been roughly 8 months since then and i'm negotiating to buy my second IP with a new 55k deposit. My income is only...
  12. Easton

    Looking to buy second IP - go for CF or CG?

    It sounds like the fact that i'm leveraging more aggressively this time around dosn't seem to deter most people. It seems to be a reality that there are some risks involved. This was the kind of response I was looking for :) I also went to the council today to check out it's flood history...
  13. Easton

    Now all of you who said prices would never come down...

    Net Speed: 132 WPM (words/minute) Accuracy: 97% Gross Speed: 136 WPM (words/minute) Yes... I'm a bit of a nerd :D
  14. Easton

    Looking to buy second IP - go for CF or CG?

    Hi guys, 6 months ago with the great advice from you guys, I bought my first IP! It's cashflow oriented and I've been very very happy with it. I’m now considering to buy IP #2, and again in need of advice and opinion. Basically for IP#2, should I focus on cashflow or diversify and go...
  15. Easton

    GPS in car navigation system

    I had been shopping for the last month or so on a GPS (I do my research!) all brands are great but from my research I opted for the MIO C520. It's only slightly more expensive than the C320 but it has bluetooth, so for an extra $10 or so you essentially get a touchscreen hands free unit. I think...
  16. Easton

    BHP-where to next?

    I bought OXR instead of BHP at the bottom of the recent correction (if we can call it over yet) and right now I kinda regret it :o
  17. Easton

    Photography

    Didn't know we had other shooters here! I love seeing other peoples work, everyone has their unique style and "eye". I just shoot cars for a living, so my work wouldn't be anything interesting to non revheads. http://www.eastonchang.com I use a 1dsmarkii (which is now out of date with...
  18. Easton

    24 yr old, still living at home..

    Hey, i'm 24, living at home too! :D Sticking around for a year or two more whilst buying IP's at the moment.
  19. Easton

    How many IPs do you have???

    Only one IP :( But looking for another :D
  20. Easton

    Simpsons movie..worth watching?

    Thanks boob lady! :D
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