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    Where to buy land in VIC to put a transportable house on?

    We have recently bought a house that a developer needed off his sight for a steal. A 5 bed, 2 bathroom in nice condition. So at that price we jumped in and thought we could so well and get land to put it on. My husband is a builder and his mate has a truck business so they will flat pack it and...
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    Student accommodation opinion

    Hi Elliot, Great hearing of your success! I am in the process of looking into purchasing a boarding house and am in need to speak to a good finance guy. Who did you get finance through? if you could post their details i'd love to pick their brain?
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    What kind of loan for boarding house?

    Looking at purchasing a boarding house for approx 1M. The boarding house is in a regional CBD location walking distance to the uni and shops etc. I am talking to the uni about them leasing it off us for student accom. If we can get finance rough numbers look like it will be at least $300 pw...
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    Is it time for Frankston?

    For those that are familiar with Frankston (just looking into it now) what would you say is a GOOD price for a 2 bed unit? Been renovated well and looks pretty good?
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    Melbourne Get-together Tues 10 June

    Looking forward to coming to our first one tonight!
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    Advice for first investment

    Thanks Alex9050, I agree with all of your points, and we are pretty savvy when it comes to a quick reno to add to rental yield or equity but not over-capitalising. We are trying to avoid negative gearing like the plague, but with a maximum of $370 to spend (above this we are neg- geared) it is...
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    Advice for first investment

    Thanks Erica, I like what you said about handling high stress, I think that is something we do well. Do you have IP's in melb? What are people's thoughts on outer east like Croydon, Mooroolbark, Bayswater etc? Looks like sub-dividable blocks are all going for a very high price and are few and...
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    Advice for first investment

    Pre-approval won't help you 'lock in' a loan before bub 3 comes along. If your circumstances change your pre-approval will mean nothing. When you actually apply for the loan, your current circumstances will apply, not what they were when you initially obtained pre-approval. Thanks BR. I didn't...
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    Advice for first investment

    As a noob to investing with a lot to learn I have been pouring over this forum for months and have learnt and loved all the advice! My husband is a carpenter and we have spent the last 5 (had 2 kids in between) years renivating ou PPOR in croydon Vic. Our snapshot situation: Bought for $315k...
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