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Hey If can build Cubby houses and rent them for $300pw I would!!! :D

Yes after all expenses including land tax...this one is silly and getting bigger about 12k across all states..at the moment. Yes....just got some of the silly clauses on the 700k on pre-approval removed or worked through..so almost a dead cert subject to vals. I have one about to build in...

Good stuff..looks like you are doing things and not sitting on your hands. :D I have not been sitting idle either...as a matter of fact I hoping to bag property number 20 and 21 in Brissie this Friday/Sat. I also have 1 about to build in Wellard (have already settled on the land) and one...

Yes...cheeky...isn't ...I guess an amateur like me needs to learn from the pros. :D How are you doing it.... I take it you have a very large portfolio..what are you doing differently? :o Care to share?

Sydney is a boom bust market. To test your theory lets do the math. Let use a couple on $150k (lets say 75k each). After taxes they will key about $115k. Lets say they buy a 650k home with a loan of 600k over 30 yrs. At 5% they will pay about 36k in interest at 7% they will pay about 48k...

PPOR purchasing is even worse...lots of buyers with I am going to miss out syndrome. I would wait....another 18 months ...I am almost certain rates will rise sometime in Q3/Q4. My crystal ball tells me it would hit about 7% from high 4s. That is over a 40% increase in mortgages....that is when...

Don't want to burst your bubble....but do you realise that Sydney is a very hot market?? Every two bit developer will be looking for 1000 sqm house with development potential. Vendors are not silly anything with a R4 rating is going to sell for at least $1m+ if not $1.3m. Besides why would...