Recent content by Arthur Klassos

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    Cross Collaterized - Advice ( still learning )

    Rolf, I had to look up what you said on the Internet to try and find out what it means. That is brilliant, I have never heard of this before and I will definitely try, I guess the more favorable financial position I am in , the better chance of success. Have you been successful at getting...
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    Cross Collaterized - Advice ( still learning )

    I had a fantastic meeting with the NAB today. I am confident that they will set me up as I wish. PPOR - LOC with sub accounts ( personal and 20% deposits for each house) + Separate Loans ( Uncrossed on each individual property). Thanks for your comments, they have been on immense...
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    Cross Collaterized - Advice ( still learning )

    Thanks for your input guys. I know i am in for a lot of fun in trying to restructure. I initially did not want to set up like this, but this happened because I was building a property and because it had no income the bank decided to cross collaterize. This house is about to be...
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    Cross Collaterized - Advice ( still learning )

    I have looked through some other threads that deal with this topic at times. I apologize upfront to those who have seen and dealt with this. I have 4 properties ( 3 are investment and 1 PPOR ) Currently all financed with the same Bank. I have a Line of Credit on my PPOR which has two sub...
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    Victoria Houses

    Sorry Mate, Main point of my post was get some insight from locals on the suburbs that have the Character houses and are sort of close to the city. I like houses not too far from the CBD. Regards Arthur
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    Victoria Houses

    Article in News re Population http://www.theage.com.au/national/pressure-grows-as-melbourne-rockets-to-4-million-20090423-agt5.html MELBOURNE'S population is growing on a scale not seen in Australia before, swelling by almost 150,000 people in two years — mostly on the city fringe...
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    Victoria Houses

    Budget is flexible from my end Just going to check out the rental returns for your suggestions. Did a quick search on realestate.com.au the houses are just the sort I am looking for, thanks for the tips, just beginning my research into Victoria so I appreciate the suburb tips...
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    Victoria Houses

    Sorry don't know Vic that well , but I want an investment property there. I think there is huge potential there. Looking for house 10 - 15 km from CBD that are character homes. I like bungalows. Price Range 400k - 550k. Areas that have biggish blocks say 500m2 and over. Close to...
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    Courtyard Homes - Capital Growth

    ie Houses with very limited backyard. 1. Has anyone noticed Capital Growth in these Investment Properties ?. 2. Outer Suburb vs Inner Suburbs is there much difference ( in capital growth ) or has the first home owners pushed up the stats in these categories. I have a feeling that they (...
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    How to Value a Property

    I apologize to long term readers of the forum if this topic has already been done. I am keen on others commenting on how they value potential investment properties a) Comparable sales ( from data available on internet ) b) Visit Multiple opens in a chosen area and get the feel of it c)...
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