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If renovating, subdividing land and building a house will only achieve a 11% p.a. long term return (i.e. 7% capital growth and 4% rental return), then I must not be doing it right. Australian residiential properties have been doubling (on average) every 10 years (or 7.2% p.a.) for the last 60...

I understand where you are coming from, and your concerns are quite valid. Every individual will have to do their own cost and benefit analysis to determine if loc doc loan rate will provide a decent return. There are businesses willing to use credit at 18% p.a., or credit card at >20% p.a. As...

No need to apologise, we all have lives outside of this forum!! Some more so than the others. :) I still haven't been to Vegas, sounds like I'm missing out, but I'm still waiting for one of my ex-es to come knocking on my door demanding for a shotgun wedding. :P I'm on a business trip in...

Thanks Paul for the considered words. I am not frustated by my inaction - it is what it is. :D The market will go up and down as do all investment asset classes. I try to be a long term investor (buy and hold), so my aim is not to speculate and time the market as the sole drivier of my property...

Well, it kicked my back side - up, down and all around - seriously considering legal action for assault charges :P I think I've worked out why you have been so successful in such a short period of time. You were responding to my post at 2.40am. So I gather you are an android that does not...

Thanks Bigtone, this thread managed to give me a good kick down the back side. :D Appreciate you sharing your wisdom and being so honest about your experience. I agree with your assessment about Melbourne, Sydney and Brisbane (not that familiar with the other capital cities unfortunately). I...