Can't make this one unfortunately. Some of us still have to work the day job. Have a great lunch, and Happy Easter.
Thanks for the very interesting post and comments. @See Change, if you don't mind me asking, what were your (approx) marginal tax rates/bands...
Morning all - would love to attend. Please put me down for 1.
Also keen for the next one. Any chance of one before Christmas?
Thanks all. Good to know.
Hi All Obviously banks do valuations for the purposes of refinancing etc. Mine (CBA) also gives an online indicative approx value of a property...
Great post - thanks for sharing @Sam M We are in a similar situation to you. A lot of debt is coming off fixed rate loans at very low rates...
Well done mate - good luck with it all. Keep us updated on the project.
Hey mate, congrats on the purchase. You say "overland flow around the unit block scared some buyers off". That block looks like it properly...
Hi All Just a quick update on this. After a few viewings the family members started to realise that buying a (decent) property for an investment...
Thanks mate - have (I think) DM'd you to sort logistics. Look forward to speaking in a bit, and enjoy the uni hols
Thanks Bendigus. Will do - indeed it is about all I can do.
Will do mate - what a wild ride. Glad it all worked out alright in the end.
Thanks Paul. I think not forcing and maintaining a good relationship is probably the wisest advice in this very helpful thread. Ironically it is...
This is a good point. It also narrows down the field of Uncle Bobs quite dramatically. It also leads into @The Y-man's very valid point above...
Tried that. No luck. The response: "What would they know? How do I know they are an expert? They don't know this area. My wealthy friend...
Agreed - but it may be a very expensive lesson. I certainly hope I am wrong (and indeed often am, so fingers crossed).
Am suggesting they by nearby freestanding established houses on decent size blocks of land (c1000sqm) which sell for the same price and rent for...
@Random111 - we have been in a similar position as you. Winding back is a bit scary going from lots of income to a lot less. My 2 cents: Work...
Thanks everyone else for the input and support. I am thinking to just let them go, but try and steer them as best I can. It will be a valuable...
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