Deciding where to go for your home loan is one of the most important decisions you’ll make. While many prospective property owners will choose to use a mainstream lender, non-bank lenders also have their advantages. What are non-bank lenders? Essentially, a non-bank lender is a lender that’s not a bank, credit…
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Back in July 2015, Sydney’s house median price has reached a new milestone and officially went over 1 mil. Now, imagine you can buy a 3 bedroom house in QLD 22KM away from Brisbane CBD, on a 600SQM block of land, for a price of 300K and renting close to $400 a…
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Paying off your education is no reason to put off buying property. You can remember it now: sitting in a chair at the back of the lecture theatre, chatting to your friends and ignoring the debt that each day at university was plunging you into. But now you’re older…
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Looking back at my portfolio, Hornsby one has no doubt being one of my best performer because I bought it in a rising market and rode the wave. So I thought I’ll put together some of my observations on the indications of a rising market so hopefully more people will be able…
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Hello all! It’s time to continue on with rest of my property stories 🙂 Since property 2 @ Hornsby settled, it took me another couple of years before I was able to go again. This is partly due to helping my fiance to re-locate from Canberra to Sydney, moving and settling…
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Hey guys! You may have noticed that with my property stories I have been including a snippet of yield/cashflow calculator analysis. This is the tool I want to cover today as it’s a very handy little tool to help me determine the offer price, yield as well as forecasting cashflow when the…
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Like everything else, first time is always the most difficult but once the mindset got over the hump then nothing will be able to stop you. To be honest I was quite concerned initially about having a mortgage debt and what I should do with it. But since settlement all I’m…
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Have you ever felt that you need to do something about your financial future, but just have no idea where to start? Or you have read up a lot of posts about property, spoke to investment advisors and now is even more confused than ever about what to buy and where…
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I hope Part 1 has given everyone some perspective on how I arrived at my first IP ? In Part 2 we’ll talk about some numbers for this IP and some of the lessons learnt. Because it was a unit with rental guarantee so the yield has been quite good since day…
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Following the lodgement of a home loan application, hopeful borrowers are often keen to know what will happen next and how long it will take for them to receive the verdict. The bad news is that there is no one-size-fits-all answer. The good news, however, is that a solid application with…
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