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dex.....spot on...could not agree more..... Sim....10k is way over the top to pay for a property than 550k. I guess this is an old chestnut. Lets put it this way...there are quite a few people on this forum who have been burnt by buyers agents. What I don't like is all the indirect...

100% agree Melbournian...what is really wrong is how some people are dumping their cash in regional towns where it will be hard to get out. This is not going to be good. Liquidity is mostly in larger cities as they are more diversified in terms of their economies. There question I would...

That is very good advice......when some of stupid newbies scream it will get very interesting. As someone said ....a Jedi who turned to the dark side.....the authorities when they awake from their stupor will probably go overboard in dealing with any issues. Nothing new ....happens every...

Yep spot on....be very vary.....on the authorities....come knocking...the legals fees could bankrupt let alone the potential jail terms should you fall foul of the law!

Very true. Typically you need at least $200pw to really get cashflow property. Anything less your fixed expenses are eat into your cash flow. The builder I am building with in WA bought a couple of properties in Moree...he told me it was a nightmare to move the properties on (i.e. sell...

Because no Moree agent would sell that house....to many hassles...and locals would steer clear.....

Spot on....wonder whether you guys have read the "Pied Piper"...... A saying from the old country...."all that glitters is not gold"! :)

Agree those are silly comments....but based on her porfolio which was published in Your Investment Property (note that Nathan seems to have a relationship with these people). Most he wealth seems to have come from the 2 properties she bought early on...her PPOR and first investment unit. I...

If this is true...it also shows how gullible some people are and ....this is seriously spruiker territory. By the way this may cross over to financial advice...would be interesting to see if ASIC would take this to task...if there are enought complaints. I have held the view some of the...

Yep.....and the lambs are fronting to the slaughter.....