Search results

The Brissie trip was successful....managed to sign a contract for a very run down house in the Northern suburbs for less than 270k. Now all I need is for the bank and he the Qld DPP (yes that is correct Department of Publc Prosecutions) to okay the deal by Monday. My friend who went up with...

Player Very sound advice........thus why the thread. I agree with you 100%...your point about people getting in for the fear of missing out is particularly relevant. Now is the most dangerous part of the investment cycle....you have to be careful particularly as RBA has their hands on the IR...

Yeah...I know what you mean. Trouble is I have done about 2 renos last year...and am not keen to do another one. But you are right you need to add value to increase yields..... I think my luck may have turned.....just bought a ticket to Brissie to look at a couple of competitively properties...

Yes...I suspect a few of us maybe in the same boat.... MTR, I did consider that but ruled it out as I have a demanding day job....though at times I spend more time on SS than I should!;) I certainly see that you have moved up to be a developer. Perhaps...a point to ponder on more...

Sorry....missing a word....I was saying very few bargains in the market. My brain is quicker than my fingers.....;)

Agree on the road less travelled.....I have done this over the last 3 years of my investment career. Prices do come down though not substantially....usually a 5-10% correction. I personally believe that rates will rise to about 7.8% for std variable by mid 2010. This will definitely slow the...

BV Had a look interstate also...but these have sold or are overinflated. Hoping that more supply in NSW regional comes up. There is stuff there but supply is only trickling down. I am looking at Newcastle, Wollongong, Dubbo, Albury-Wodonga, Wagga Wagga, Tamworth, Taree, Coffs Harbour, and...

First of all Happy New Year! As I am in holidays at the moment ..... I have a lot of time to reflect on my property strategy for the year. Believe me or not I am at an investment crossroad!:eek: I feel that there are very few bargains around the market. Though the odd one or two I have...