Recent content by blackenator

Yeah it was in July 2014 had the house valued about a month ago was valued over 150k more then I paid. Wouldnt try again now the same block is over 350k way too expensive

I actually got in on the second release so I purchased a block and built after. The costs all up was about 480 it was completed in Jan this year currently renting for 580 a week now

I actually got in on the second release so I purchased a block and built after. The costs all up was about 480 it was completed in Jan this year currently renting for 580 a week now

I purchased in the south west corridor in Leppington (willowdale) and my girlfriends parents live in Dural the North West. If I had a choice I would probably aggree with most of the posts in saying I would prefer the North West but if you factor the price diffrence between the two areas I do not...

Hi all , Thanks for all the information on the thread awesome information. Just wanted to know if the CBA has had any changes in their equity polices. I have a house and am hoping to get in Valued in the next few weeks and hoping to have 90 equity redraw instead of the normal 80%. Thanks

Sorry to bump and older thread , but I wanted to ask if your in a position where you have surplus and keep managing to save for deposits using cash will the banks still lend to you even if you hit that invisible lending wall?

I am currently living in my property that has recently been built and wanted to know the state revenue board usual ask for proof of residency?

Thanks for the thread will be needing a tax agent soon

thanks again for your responses. Say for example my max borrowing power is 450k and I purchased a property that is now worth say 550k and it is positive cash flow about 70 per week. Would I be able to borrow the same amount again? I assuming it will fall due to the 80% of rent only being...

Thanks a lot for your responses and redom for the thread. Another quick question can you still hit a serviceability wall if you constantly buy positive geared properties?

Just a question about depreciation is the taxable rate including your rental income? For example if I am on 80k a year without rental income but with rental income I am 100k. Do I get to claim based on the 80k bracket? or the 100k bracket?

ah thanks you very much this makes a lot more sense now :)

Ah thank you very much for the good news and the bad news ( insert half smiley face)

Hi all , I had a question about tax and fencing. I am currently building a new premise and being a first home owner I have to live in the premise for 6 months to get the fhog. The house I am building will be completed soon and I have to do the landscaping myself and have been quoted for 5k...

just wanted to know how is overtime assessed? I assume each bank is different on how they asses overtime?