Recent content by belleran

10% seems high. Are you speaking from experience or the experience of others you know who are invested in the area?

Would anyone have an idea of expected yield on retail buildings in this area. I am looking but not sure what yield is good or bad for this area?

No post 1985 construction just maintenance and remodelling existing premises. No change of ownershhip. It is a tenants in common ownership.

Yes the property was bought pre 1985 ie 1984 before the CGT introduced.

I am I right in thinking that proceeds from the sale of a pre 1985 property will not be taxable at all?

We are celebrating DH 60th at the coast soon with 14 others. Any recommendations for a nice place for dinner?

No loans involved. The building is combined resi and retail but majority of income is from the retail side. Forgot about the arm's length rule. Would this also apply to purchasing another sibling's share by my SMSF?

There seems to be so many questions in relation to superannuation. Does this deserve its own section?

I have a retail/resi premise in which I have a 1/4 share with siblings. As I am now over 60 I wondered about setting up a SMSF and selling my share (tenants in common) to it. When I declare myself fully retired earnings would be tax free. My share would be about $400k. Would it be worth the...

My daughter lives in the area and is thinking of buying her first home. I think she would feel better talking to someone face to face.

Does anyone know a good mortgage broker who operates in the Hervey Bay area?

My loan was crossed by NAB and my broker said it would be about $1800 to fix and it was the broker's fault it happened so have left them as they are. Should it cost this much to correct?

I Have employed a builder to construct some units and it is now coming up to the point of handover. What checks do I need to make before I make the final payment? I have done a walkthrough and checked lights, paintwork etc but any advice appreciated.

My broker has asked me to sign a form that says we agree to reimbursing their lost commission from the bank if we sell or refinance our property within 2 years of the start of the loan. Is this normal and are banks putting that pressure on the brokers?

Specifically -- What courses actually do prepare you well for involvement in the industry whether that be mortgage broking or financial advice. No use doing an expensive uni course when there are other courses which provide you with better training and take less time and cost less