Search results

Qlds007, can you elaborate anymore about why they are seeking their money back? I'm not here to promote the business but I'm of the understanding that they are still placing loans through all the major banks (35 lender panel etc). Wayne obviously has a certain style to his operation. John...

Cheers Rolf, that gives me a few more questions to ask them about. Appreciate it.

Hi Guys, I'm looking for a change of employment and feel its time to branch out from the world of PAYE. I went to a Refund Homeloan information day today and I'm trying to weigh it up as a franchise opportunity. The arrival of kids has slowed our property expansion plans slightly but as the...

Thankyou's Dear all, Quick update. The contracts for the 4 flats have fallen through as after a number of inspections (building/pest/electrical) the repair bill was starting to mount. News of a new family member also forced a re-evaluation of the amount of risk we were willing to take on...

Dear Camel, This is obviously a hot issue for you. I'm on two BC committees and about to be on a third. The bane of my existence is a particular owner who is always quoting obscure legislation and generally pushing the bounds of what is acceptable. It has really tarnished the whole...

Hidden costs We looked at buying a display home at Bushland Beach which is a new area just north of Townsville. There was a 12 month rent back at $500/w with an option for the company to rent it for a further 12 months. Only problem was that the sales rep gave us their company costing sheet...

The Townsville RAAF Base used a similar product during renovations about 18 months ago now. It seemed to work pretty well. Grass is still there and looks good.

Yup, 4 strata titles 2 x 1 bedrooms 2 x 2 bedrooms Have a 60day settlement and 21 days finance. Am happy that we can at least some kind of finance approved by then and still have time to play with. You all have raised a few points that put me well out of my depth. I'll have to contact...

Rolf, Does the fixed loan make it harder to draw down on equity in the future? or is it a factor of selling for the cap gain as you need to pay break loan costs? Serviceability is ok for while. Kids are the only thing that might affect it but we should have 9months notice before that...

Forum Gurus, Grasshopper with much to learn. Looking at moving from NAB to CBA as we are buying a block of 4 flats which doubles our debt + some other factors. It does give us a chance to structure our loans from scratch again though. My rough plan is attached. (btw software is...

100% Offset vs LOC We're in the same boat. I'm about to move from NAB to CBA and am looking at their LOC product vs the offset account. (2IPs now buying 4 more) Up until now we've used an offset account and it has been great as any money in it can be used for boat, holiday, food, rates, Body...

Depreciator, How do you get the one page summary to the valuer? The couple of times that we have had our properties valued by the bank it has happened by some unknown person at an unspecified time in the previous couple of days (all bank organised). Our so called Personal Banker won't...

No PM options? http://www.poaa.asn.au/ Thanks Gooram! Followed the links and have come across CentrePay by Centrelink. Any tenant in receipt of Centrelink payments can have rent deducted straight from their payment before they get it. This might interest those self managing...