Recent content by becaben

There are several lenders who will use only your most recent year's financial results so if that is superior to the previous year(s), your borrowing capacity will increase significantly. Combined with an $80k deposit you should be able to purchase properties in a much higher price bracket than...

EBM here also. I had a great claims experience with them a couple of weeks ago for a fusion claim on an A/C unit. Lodged the claim online at 4pm and was approved by 10am the next morning. Very impressed !!!

Thanks SCM. Sounds promising. There is already a new-ish concrete floor in place so would it just need an approriate moisture/pest barrier between this slab and any flooring I install

Hi All I'm considering adding value to an IP in the Moreton Bay LGA which is a newly renovated highset 3+1 house by converting the ground level to additional bedrooms and another bathroom to make it a two-storey 4+2 home. However, I'm not from the area so I'm not familiar with the local...

I was up there a couple of weeks ago looking mainly at Scarbourough properties. I found it very appealing due to the lack of new land developments nearby and will purchase there shortly.

Ha .. I'm perfectly capable of doing my own research Jenko :) Tyla, has pointed out a number of shortcomings with the property I posted a link to so I'm interested in what Tyla thinks would make a good investment in this area ... Budget is $350k max and I need 6.5% gross yield to pass my...

Thanks Tyla. Would you be able to list a couple of opportunities in the region so I can see the sort of properties that would make a better investment?

Thanks for spelling it out to a newbie, Mystery. I've looked at the numbers and after depreciation deductions, I am putting in approx $50/wk. Does that make it a bad investment against other properties in the area? Thanks Becaben

http://redcliffe.ljhooker.com.au/ETCGWZ

In the words of Pauline: "please explain" ?

Lift, pool and a common room/gym :) How long have you had your townhouse, Angel? What do you think about the CG outlook for Scarborough?

Hi All Long time lurker but first post .... I'm dredging up an older post here but I'm also very interested in everyone's thoughts on the Redcliffe Peninsula. I'm thinking of making an offer on a unit in Scarborough one street back from the water. Gross yield is 6.5% but BC is high at...