Recent content by asulatur

Hi, Can anyone recommend a PM that manages in Cessnock Area? or maybe provide warnings against certain PM for some reason? Thanks in advance

Apologies in advance if this seems off-topic, but I have noted a prevalence of double level houses in Gladstone with what seems to be a dual income potential, ex. there would be 3 rooms in the upper level, and a self contained unit in the lower level. I'm just wondering if anyone knows whether...

Hi, I'm currently researching properties in Gladstone area and have noted a prevalence of double level houses with dual income potential, ex. there would be 3 rooms in the upper level, and a self contained unit in the lower level. I'm just wondering if these can be legally rented out as...

This is the scenario, I currently have untapped equity in my PPOR, i wish to use it as a deposit for an investment. Most of the time, will it be better if I just top up the loan? or refinance it with a different lender and secure an LOC? which tends to give the maximum equity to invest?

Hi, I just want to post this question with regards to tapping equity, whether it should be refinancing or top up, is one better than the other? or are there other better ways? thanks in advance.

thanks for all the response. Hi E, will check my contract again, with all the legalese in the document, not sure if I can even identify it.

Do only certain lenders e.g. Homeside include the "all monies" clause? I checked my PPOR contract with NAB, and I couldn't find the clause.

Hi, we're currently in the initial stages of our first IP purchase. We already have our pre-approved loan with Homeside (NAB broker arm). Reading up on cross collaterisation, I was just wondering whether having our PPOR with NAB, and IP with Homeside will be considered as cross...

Hi, I'm aware that their is a sticky on list of property investing books here in the forum, but I'm just curious which book/s or websites people are using as their primary reference, or sort of property investing bible, in which they keep on going back to. thanks.

what about bathurst or hunter region thanks for the replies. what about bathurst or the hunter region e.g. muswellbrook, cessnock, kurri kurri, singleton? any thoughts? are they now overprice? thanks.

Hi, I'm a long time reader but recent poster in somersoft. The information i read here have been invaluable. Been learning a lot. I'm still amaze on how generous people could be with their time and expertise. The reason for my thread is that I'm currently doing research on mining/resource...

thanks again to everyone, its been helpful on my decision on how to structure our first IP. I think we're on the right track on putting it on the not working spouse for a CF+ property.

thanks for the replies, very much appreciated. @coastymike, I'm not really familiar with unit trust structure, haven't read much about it but base on your comments it's worth a look. will try to read up and research. how much normally does it cost to setup and maintain?

@propertyunity - we plan and hope to buy more than 1 or 2 properties. But at the moment the intention is not to overcomplicate things for the 1st IP, if it doesn't really give much benefit for our current situation. As I know some people who were disappointed on using Trust after realising that...

hi, we're currently looking to buy our first IP and I'm a bit in a bind on which structure to use after reading the forum and a few IP books. DT seems to be a prevalent recommendation, due to its asset protection and tax minimisation features. But I'm just a bit concern on the cost (setup and...