hehe, id like to revise my equation:
wrx + mods + houses

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[S]kid[S]

They don't smokey. Hence i'm sti-less

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you mirin?

saving for deposit or bought already?

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[S]kid[S]

Easy as man just get a second job night shifts or even a 3rd job and your ass and your rexs ass is SAVED .
Is what i was doin for a good 6 months + study .. fark that shit never again.

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[SIGPIC][/SIGPIC]11.617 120mph

Feel you on the second job Benny. I'm looking for some bottle shop work or some IT work on the side or similar.

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you mirin?

come live in the sticks smokey, you get a free house with every block of emu export down here

another argument is that with the growing rate of perth, it will eventually become silly for people to build further out (it getting silly already)

an option is to buy a bigger block in the inner suburbs and play the waiting game for rezoning to occur. this would then allow you to subdivide your block into smaller pieces which could then be sold sepeatley.


as for my plasn to buy my 1st home.. i didnt win lotto on the weekend.

then if everyone played the waiting game than.... theres gonna be so many blocks of land.... without subdivided yet...and people dont really have a choice except to go out??.....

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MY00 Impreza WRX
[LTDGC8]

its not ONLY boyz who drive nice cars!!!!

Also good to keep in mind, you're better off paying interest vs paying tax. Sit down with a good knowledgeable accountant, look at your options and PLAN PLAN PLAN. You can end up with great collateral BUT you need to PLAN ahead. The market is ripe for the picking DON'T sit on your hands. This sort of positive economy may not come around again for 20+ years so use it NOW. Not earning enough money?, go up north, plenty of money to be made, the sacrifice now for the investment in the future will make it look like a piss in the ocean when you own your own home within 5 years. You NEED cashflow to set up a property portfolio, in the end you only want to pay interest on investments anyway, as long as you can service that, you WILL have a positive effect on assets, which with normal growth patterns, will double your net worth in a matter of years......how long would u have to work to earn 500k? Get a good accountant, don't be scared to work and don't be afraid of taking calculated risk.

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www.racewars.com.au

I dont think we have seen the housing market bottom out yet..... i think there are many better places to put your money for a greater return on your investment imo

just my 2cents