Is there another property forum?

Personally I think there's a lot of value to be had being amongst all kinds of buyers. It gives you more perspective. If you're only amongst ppor buyers you could for example, be led to buy in new estates with lots of land around and little value just because many other ppor buyers are looking there. If you are amongst investors who are also talking about long term value and fundamentals, it may help you choose a ppor in an area which has both OO appeal as well as good investment value.

 

I would suggest that it’s best to look at this resource forum as the best value information for free you can find. So you simply need to know enough to ask the right question on the forum.

A PPOR buyer may buy 5 houses in 40 years so rarely needs this style of forum but some started off as flippers when it wasn’t cool and have gone through more than 100 properties including residential, subdivision, commercial, non urban, industrial plus aspects of council regulations, strata management, legal requirements and complex negotiations that are of niche interest to very few PPOR buyers.

As an example at the age of 40-45 I was paid well to give a 50 minute lectures around Australia in my fields. 15 years later I’m happy to give that information for free as I don’t yearn for extra income.

So I would recommend asking a well phrased question after researching the site. Unfortunately the worst questions are Where should I buy or Should I buy this? Even after 42 years in the industry I have learned substantially by reading the posts of others and I enjoy the humour, wit and comments on this site that you will not find on reddit, Facebook or many other sites where they are less selective with their members.

 

You can only claim 1 PPOR at a time. IPs can be endless if you have the borrowing capacity….

I started a thread of when we bought our current PPOR, it actually went for many pages, and really, property investing was part of the reason we were able to buy the PPOR cause I felt we were in a financially secure position to be able to do it.
Link: We bought the house!! :)

We weren’t looking to buy at the time but while on the way to my sister’s place one early December Saturday for a pool/BBQ party, I wanted to check out the local open homes on the way…. Fell in love with this place we saw….

 

yes that’s exactly the thing I’d prefer. Not interested in investment properties and I’m good with shares.

 

whirlpool.net.au. You will find very different people there.

 

If you're looking for a building and/or renovation forum then HomeOne is good Home Renovation & Building Forum and it does have a real estate section that is quite geared to the PPOR people

 

There is the search function near the top right corner

That way you can read as much as you want on any given topic, you don't even have to contribute

You don't have to just look at the most "recent posts" all the time

The more effort you put in searching for an area or answer you are interested in the better your experience will be, pretty much like everything in life

 

My brother in law was asking about buying Brisbane property and he was unaware the boom started there at least 12 months ago. Anyway, I recommended that he read this forum. This was his thoughts (on left) without even looking at it, and you can see mine....

 

Maybe I'm of an odd mindset - but I've always considered a PPOR purchase to be an investment of my money too, and hence want to make the best choices with that consideration.

I have also been bemused by people saying "it's my forever home" as believe there is no such thing (until you get to old to move again) - so I tend to look at things through a potential-re-sell-one-day lens

 

Yes. I was a regular 13 years ago when we were building our home.
After that, I lost interest. Probably because of SS.

 

Same
I stumbled across PC long after purchasing my second IP.
The PPOR mistakes I made prior, redrawing without a proper split to buy shares
Similar with mixing PPOR and IP loans
The lost deductability

If the OP thinks much of the learnings available here don't apply first and foremost to a PPOR they haven't read or searched anywhere near enough

If only I'd read 10% of @Terry_w links in the beginning I'd be retired by now
Debt recycling is #1 on my current list of wealth improvement
(for the OP that's helping me reduce my PPOR non deductible debt )

 

NO

This is THE forum. If you can't find gold nuggets here...

 

...you haven't found @fullylucky.

 

The same people would answer your questions in there than if you asked them in here. I'm sure plenty of people would love to talk about their PPR if there was a section dedicated to that conversation.

 

You can talk about shares here and get priceless information . What are you buying now? If you are a high growth investor you might want to make a contribution to the 10 Bagger thread or get some tips. If you are in to T/A you might find the Elliot Wave discussion interesting . You are already making one biggest mistakes investors make, not understanding your own bias.

 

Not odd at all. It absolutely is an investment. Who drops 1, 2, 300k deposits plus takes on a chunk of debt without wanting their home/asset to also be a good investment? No one I know. Not even the super rich who can afford to buy anything would ignore the investment side of buying a PPOR.

It makes no sense (to me) to buy a PPOR without also wanting to understand the value/investment side of it.

 

oh I get it.
There are plenty of home owners not interested in buying property. There's a few here in the ETF section.
That would probly be a forum about home expenses, maintanence, problems with council, neibhours, save electricity ie led lighting, man caves, she sheds, granny flats, pools, solar, boat storage...
Seems there's plenty of topics.

 

This is a very functional place to participate in all things property (and to an extent shares), although @Sam700 is not entirely wrong in that its also very pro property ownership/investment with few arguments against the majority

That said however this is a property forum, and you will be equally unlikely to find anyone on a Honda forum arguing against Hondas.

To answer the question hower, no I dont know of any other forums, and anyone here would already be there if they did and thought it 'better'.