Recent content by funklaroon

This topic has been done to death: 1) You need at least 80% LVR 2) Capital growth has been a joke, on a 300k place you might have made 30k in the past 7 years but even then we are back at 2005 prices 3) Yields are ok? Average BC is 8k even up to 13k at Park Regis 4) 1 bedroom? forget it -...

It was amazing, easily the best movie of 2012.

Hi All So I keep hearing from BA's, PM's and so on that the prices we saw in 2001-2003, will never be seen again. Now 'never' is a bold statement but how hard is it for say Gen Y to to ever obtain that same capital growth. Suburbs like Kawana on the Sunshine Coast 150k increased to 450k and...

Hi All Looking at the Woodridge area, a few places with 3br upstairs and 2br down. Good sub-let or family rental potential. What are the vacancy rates like in this suburb? I know what the area is like in terms of socio-ecominc, cultures and soon but as discussed on a few threads there is more...

Thanks everyone for the responses, have decided to go out on my own. Valid points raised by all. Cheers

Thanks for the responses, yeah the GF/Wife route is messy. I wonder how it looks from a commitment perspective though. If she is ready to buy, I'm not, I guess she goes ahead but then it get's even more messy. Lucky I have some good family lawyer mates but still, prevention is better than...

She will be bringing in an equal amount and we both earn the same/in the same professions.

Hi All, So the scenario I pose is the following: Use deposit and purchase with a close friend or GF. My concern is using my only deposit as I would need to save all over again for the next chance to buy. Now obviously there are many variables so let's assume the following: I know...

Hi All Looking at an IP in the first quarter of the new year, criteria is cash flow positive and under market value, just wondering your thoughts on the best approach in finding something like this. I have considered BA, I'm in the Brisbane area so I am aware of some BA's through this forum...

Hi All, An opportunity has arisen to develop a commercial space in the Landsborough area near the train station. Just wondering what options I have, thoughts include: - Storage spaces - Medical centre/office space Currently there is a house on the property however that will be removed...

I posted to get advice, the sharks are a by product. Thanks for your input.

Why does the address matter? It feels like sharks are circling....

Yeah I have the address, 190k and $285pw minus costs makes it around 8%, currently rented. Thanks for the tip re commission. What's the area like? Does it appear like a good deal?

Hi All Just wanted your thoughts on this in terms of price and area. Seems quite good, 8.8% yield although right next to the highway. Does anyone have any knowledge of the area? Thanks http://www.realestate.com.au/property-house-qld-kingston-112397187

Looking at first IP - thoughts on fixing? http://www.news.com.au/money/banking/commonwealth-bank-cuts-fixed-rates-on-mortgages/story-e6frfmcr-1226494184646