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Thank you! Dear Ian, Jan and Sim, It has been a privilege to have been part of the community and it (and the software) was an important part of myself embracing the opportunity of property investing and later development. Thank you and God bless, Flynn

Residex Best Report is excellent Hi KrisK, If you are serious about buying soon, I'd recommend buying the Residex (www.residex.com.au) Best Rent report which details their top 100 high yield and good capital growth areas around Australia. The report is about $250 but well worth it, if you...

Higher risk is not bad, just higher risk Hi FHL, You've proposed a high risk strategy - in that you're wanting and relying on double digit returns from equities. However, I don't think a 100% or even 105% lend is very risky if you keep your deposit in an ING account as a buffer in case...

There's a reason why you can now 105% LVR... Thanks ermen, You make a sound point that probably differentiates me and Alex - we have different risk tolerances and attitudes to risk. He is conservative and, on his own admission, has probably missed out on some opportunities. Myself, I'm...

Fundamental drivers of demand Hi Wilson, I believe it is possible to find areas that are going to experience higher than average capital growth areas, while providing good high yields to minimise your holding costs. These areas could be considered to fall into two broad group. Safer city...

Hi Jason, Following up on my earlier comment. The strategy I'm suggesting is higher risk for you, in that it involves higher monthly repayments. Now this can be offset by saving your deposit as a buffer but it you spend it or otherwise don't have one - the strategy is high risk. Also, it's...

Thanks to all the experienced replies Hi Alex, Simon and Mofra, Thank you for all your replies and for expressing your views and concerns. I think I should have prefaced my first reply with the statement that I am suggesting a higher risk strategy that increase your chances of being wiped...

Hi 1st million, Shoot me an email on [email protected] :)

Go for a higher return/risk area - mining boom town Hi Kent, What a fantastic position you are in! Congratulations as well. I imagine you have three properties in metro/stable areas? I would recommend you buy in a mining boom town like Roxby Downs (21% pa growth for the last five years)...

Saving for a deposit sacrifices capital growth Hi Alex, I think 105% financing is suitable for your first property given the below. We probably have very different risk profiles and I'd be keen to hear your thoughts on each of the below points :) 1) You'll be unlikely to do it after your...

Investing in boom towns Hi Alex, (following on my earlier reply) I'm investing in mining boom towns (eg, Roxby Downs and Gladstone) and both properties have 12 month contracts on them. Roxby has the planned $5bn expansion and 0% vacancy and Gladstone has the $2.2bn Rio expansion and $3bn...

New to investing Hi Alex, I bought my first investment property this year and am buying a second one now (Gladstone QLD - also 105% financed). Wasn't around in the bust in the '90s (if that is what you are referring to). Be interested in your views on what I'm doing, as you're...

Units and house in Mt Gambier Hi Bushy, Interested in the property you have in Mt Gambier. Was in Penola six months ago doing due diligence and decided the risks were too high due to the approvals needed in State Parliament and instead bought in Roxby Downs (happy I did!). About to buy in...

Did DD on Penola 6mths ago - no price movement Hi 1st million, I flew over to check out Penola six months ago and spent time with the two local agents and visited about 10 houses. Yields are terrible and prices moved about two years ago and have been flat since. Six or so of the properties I...

Residex Top 100 best rents ($275) Hi Montrose, For $275 you can by Residex's Top 100 Best Rents, which details the highest 100 rental yield suburbs in Australia. Granted some of these will be in smaller towns, however there is likely to be some that fit your criteria. Haven't bought this...

Deposit vs higher interest/borrowings Hi Jen and Akumaslair, I agree with what Jen say - don't risk your parents house. If the worst happens, you (only) go bankrupt. You can recover from that. A situation with your parents forced to sell their home is a terrible outcome, emotionally and...

Fundcorp $45k secured by cavet Hi Jason, You son's biggest issue is not a lack of a deposit but the lack of stable/long employment. This can be overcome though - Carrington National (high interest rates though) and other (Bluestone, Liberty Financial) could do the deal. A potential strategy...

105% financing - 90% LVR + 15% personal debt Hi Akumaslair, I'm surprised no one has suggested using personal debt to make the difference and borrowing 105%, with your deposit held as a 'reserve' buffer in case anything go wrong (eg, you lose your job) and to make sure you can 'sleep easy'...