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Hi, some additional info to mess up your head. My sister bought a house for just over 10K in Christie Downs in the bad old 70s. Sold for 30K ten years later to upgrade to Seacombe Heights then sold for 104K in the bad 90s to upgrade to Hawthorndene. They always thought Christie Downs were...

Hi, way back in 2003, when I settled on house number 4, a postie was settling on house number 7. We were both borrowing through RESI then. Maybe the Adelaide posties have their own property investing networks? KY

Hi, a bit like the 4 blind men and the elephant, right? The one with the tail thinks it's a rope, the one with ear thinks it's a fan etc etc. And all 4 of them were right too. KY

Hi, my childhood friend lives in Kuala Lumpur. Remember I was talking about those crummy flats in Kota Damansara? Two years ago they were selling at 60K each. They're probably now about 80-90K and the rent would have gone up from 700 to 850 per month now I guess. High end Kuala Lumpur...

Hi, this is about my friend. She had to retire at 55 and with no pension but had a lump sum super. This was about 8 years ago. She owned her own home jointly with her husband. Had to sell 2nd house [IP] to pay for her 3 children's education. Her husband continued with a low paying...

Hi, creating another lot in the backyard is a good way to increase your asset base. I don't wish to burst your bubble but what are you going to use for cash? The reason I raise this issue is that you have extended your loan by 33K but 14K went into consumption. I take it that you work...

Hi, seemingly self evident answer. By the time you decide and the time taken for the paperwork, your fixed term would be up. It's only 4 months, why bother with the fuss? KY

Hi, all this talk of lawyers etc doesn't help. Breaking down the bare bones, the Blackwater investment returns about 13K p.a. that's 2.5% yield. That's 2 steps down from fixed deposit. It's not the end of the world. It's a mistake, that's all. The Mackay investment, ditto. You might...

Hi, well done indeed! Especially looking at the dates of your purchases, it took GUTS. It was easy to do it [well, relatively] in 1998 when I started. But having said that, I bought my 1st devt site in 2006. And that took guts! KY

Hi, I just put a post on the community forum. This proposal needs to be violently objected to. I personally think that it is to raise money because the revenue from stamp duty has dropped drastically in the last few years. While I do not have the figures, I guess that house sales slumped in...

Hi SA people, I think we need to protest against the proposed changes to stamp duty etc. While I haven't got all the little details, what I heard is that the state govt proposes to replace stamp duty with an annual fee on home loans. Something like that. I can't see how that can be good...

Hi, shares are volatile. If you're up overall, you've done well. In 09, I started with a list of 10. CBA ($25) MQG (around $50) BOL AIG Billabong QBE ($22) the fertilizer group the education group ANN and one other I can't remember. CBA and ANN are about 300% up the fertilizer and...

come on, st George, come on, you bugger! KY

Hi, it might help for you to clarify your end result. So at the end of this exercise, you'll have a brand new house for PPOR and about 300 thousand PPOR debt. Is that an advantage over your current situation? What about if you sell your current PPOR, use the proceeds to build a new...

Hi, without paying any $, check out if council will allow you to do this. Do you have 5m driveway access to the back block? Then only do you need to investigate if the profit stacks up. Usually the total value of 2 blocks is much higher than just one. Good luck, KY

Hi, for those who intend to learn in the near future. Long ago, my friend thought it was cool to play golf, rub shoulders with the wealthy! I paid $60 for 1 hour lesson. Coach said I had natural swing - used to play hockey in school you see. 2nd lesson, I couldn't connect with the ball...

Hi, you really need to look at tax savings investments to grow your portfolio whether property or shares. Your PPOR should not be considered as an investment. And cash savings while good for sanity is not good for tax savings. You may find the going tough for a few years but once it takes...

Hi, yields in Singapore were between 3-4% but they fluctuate as everywhere else. Interest rates are really low - had been for decades. I got a loan for 0.8% I think the standard rate is around 2.5 - 4 % KY Kuala Lumpur is worse. Rates are still low but can shoot up to 10% quickly...

Hi, and anyone who thinks this is specific to Australian cities should take a look at the cost of housing in Kuala Lumpur and Singapore. I just sent some cash to help my godson buy an apartment in Singapore His real earnings are somewhere around 30 thousand a year. The apartment he's...

Hi, isn't life exciting!! Remember I said it first, garlic garlic and garlic. I also planted a few just for home consumption. We're all extremely interested to cheer you on & well done! KY