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Discussion in 'Investor Stories & Showcase' started by hammer, 29th Sep, 2016.

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  1. hammer

    hammer Well-Known Member

    Joined:
    28th Aug, 2015
    Posts:
    1,035
    Location:
    Darwin
    Bought my first PPOR this week. Bought land and other things in the past, but have rented the whole time.

    My family has been needing our own place for quite some time and with the crash up here an opportunity presented itself in the form of a villa/duplex next to the city in the best part of town with 250m2 land. It was far below our budget, fully renovated and will cost us about the same as renting.

    Anyway, I knew what an opportunity looked like, how to research the market, how to get the cash to make it happen, the risks and how to do the sums and find a broker from all the discussions on here.

    You've all helped in your own little way, even if you didn't realize it, so I just wanted to say (on behalf of my small family) a big thanks.
     
  2. SeafordSunshine

    SeafordSunshine Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    512
    Location:
    Sydney
    Congrats! Hammer!
    I love a countercyclical purchase!
     
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  3. MTR

    MTR Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    12,324
    Location:
    Perth, Melbourne, Atlanta, Boston

    great work:)
     
  4. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    7,240
    Location:
    Adelaide, SA
    Good onya :)
     
  5. Leo2413

    Leo2413 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
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    8,216
    Location:
    Sydney, Brisbane, Taiwan, London
    Mazal Tov!
     
  6. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
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    Location:
    Canberra, Brisbane and Sunshine Coast
    Congrats Hammer - enjoy your new home. It's an exciting time.

    Cheers

    Jamie
     
  7. C-mac

    C-mac Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    930
    Location:
    Sydney
    Well done Hammer! Where is 'up here' if tou dont mind? Darwin? Cairns?
     
  8. Xenia

    Xenia Best Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    3,218
    Location:
    507 South Rd ASHFORD SA.
    That's great news Hammer
     
  9. hammer

    hammer Well-Known Member

    Joined:
    28th Aug, 2015
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    Location:
    Darwin
    Darwin.
     
  10. WattleIdo

    WattleIdo midas touch

    Joined:
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    Location:
    Riverina NSW
    Well done!
     
  11. S1mon

    S1mon Well-Known Member

    Joined:
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    Location:
    canberra
    no worries mate here to help
     
  12. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,979
    Location:
    Mt Druuiitt
    Any time Hammer.

    Not sure what part I played but good luck anyhow.
     
  13. ellejay

    ellejay Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,712
    Location:
    Kimberley and NZ
    Excellent news. All the best!
     
  14. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,319
    Location:
    Sid en e - olympic city
    It is a good place, isn't it ?

    Congrats and enjoy !
     
  15. Colin Rice

    Colin Rice Mortgage Broker Australia Wide Business Member

    Joined:
    9th Jul, 2015
    Posts:
    1,620
    Location:
    Perth
    Great news!
     
  16. Tranquilo

    Tranquilo Well-Known Member Premium Member

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    Location:
    Mascot
    Hammer time:)
     
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  17. ashish1137

    ashish1137 Well-Known Member

    Joined:
    12th Sep, 2015
    Posts:
    467
    Location:
    Sydney
    Congratulations @hammer
    All the best for your future.

    Regards
     
  18. larrylarry

    larrylarry Well-Known Member

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    18th Jun, 2015
    Posts:
    4,363
    Location:
    Sydney
    Congratulations! What a feeling! How much BMV? 40%?
     
  19. Perthguy

    Perthguy Well-Known Member

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    Location:
    Perth
    Perfect! :)
     
  20. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    2,328
    Location:
    221B Baker Street..
    That's well done,fully renovated and the same outgoing's as renting and within the budget..