Recent content by Barletta

Hey all, Just received my 6 monthly sinking fund bill in the mail and I'm not sure if I can justify the total. There's two sections to the payment, one is the admin fund and the sinking fund. The admin fund is nearly double the sinking fund! So my question is, how much exactly should it be...

Hey guys, My loans (totaling 715k ish)are currently on 5.08% variable. I've been emailing the manager at westpac and I told her different lenders were offering lower rates, 4.6% etc, and she came back with this; "Hi Daniel I have looked at the advertised variable rates for Nab, CBA and ANZ...

Thank you very much Corey for that, I will email my manager at Westpac and ask her to drop the variable rate down for me :)

How is what's been said above achieved? I have a sum of investment loans worth up to $714k with westpac and am about to lock in rates, and they only offer 4.99% (which is what they're advertising on their website) for 5 years. I asked if they could do anything better and the reply back I got...

I said this a month ago. Pretty logical. I see you're asking questions which is good, but make sure you read EVERYTHING you can on Gladstone and it's opportunities :) Read this whole thread to get an understanding on what Gladstone was like before the increase in rents/sales to what it is now...

Just heard an announcement from the news presenter on the radio this morning, 3 of the LNG plants have signed a contract to provide Gladstone with $19.8 Million housing to help with the rental crisis. After a bit of thought, that's only going to be something like 40 houses, so no big deal...

Hmm, I pay 8% of the weekly every week, plus a $5.50 charge for admin fee's etc, and I think that's all? Who was yours through?? For those of you asking about real estate agents in Gladdy, and how they're faring, I was out one night clubbing at 'The Reef' and I managed to bump into one of...

I really wouldn't include Gladstone in all of this... We're an industrial city. The beauty of Gladstone is, that even if one of the industries were to fail and stop production (i.e QAL, our Alumina refinery), it wouldn't really cause Gladstone to crash to nothing, due to the numerous other...

Woops, I meant 4/2/2 haha -.-

Just out of interest, what estate is this in?! That's amazing. I just got a tennant to sign a lease for $620 p/w at the start of Feb, on my house I purchased for $480k, in Sun Valley, 8 Y.O 4/4/2. So yeah.. damn

Hey norwoodman, just wondering what line of work you're in, and where abouts you're new job is? LNG would be a safe assumption?

Alright, so if I did decide to go with a PM, can anyone recommend a good one in the Gladstone (QLD) area?

I've just bought my first property (IP) and was thinking about having a go at managing it myself to save on fees' etc. I figure the more money in my pocket, the sooner I'll be able to get myself another one. I was going to go through a PM, however I bumped into a friend of mine last night who...

In Gladstone it does. At the moment, PM's are estimating I get between $550 -$650. With rent going up every couple of weeks, by January, it very well could be positively geared! (repayments are $590/w) I also just got told that a house built in the 70's, 4 bed, 1 bath, 2 garage, with a reno...

The reason I ask about postive cashflow, is because that's what this property is basically going to be, neutrally geared to say the least. I'm wondering what to do once it is positively geared (probably in late January, if the market has another boom). Should I get the house evaluated then, and...