Recent content by bth

Hi Guys I will be looking for a 3rd IP and would like "any" advice on the following... 1) Do I look elsewhere for my finance or stick with the CBA. I have 3 loans with them ( 1 PPOR and my 2 IPs ). I am seeing them this week and they see no problems whatsover in a loan for another IP. I...

Sash This one is "under offer" and is close to your place around the everglades. Was on for $329K and when it is finalised I will let you know the selling price. There were not many photos posted (just the outside) so it would not have been anything special. Just an ideal rental as it is...

Hi Sash. That would be 66 Florida Avenue. I did not get to see the house or attend the auction sadly. The rent is on the money for a 3 bedder. I assume it needs a little TLC for rental but should rent easily and I would reckon that up together ( nice kitchen decor garden ) it would sell for low...

Hi All I do not post often but thought that I would give some insight to the woy woy peninsula. I came to Woy Woy from UK start of 2004. Bought 1st house (our PPR then) in Umina Beach late 2004. I have three properties here now though that was never the intention as I will explain. I bought...

Hello We have just purchased our 2nd IP and are going to live in it and rent our PPOR. Can you guys advise us ( or post a link as I am sure this would have been asked before ) what exactly the rules and regs are regarding this ie do we have to live in it for up to a certain amount of time ...

Yes Rolf We plan to buy this investment ( ie borrow the money ) but wondered if we can have it in her name as owner and she lives in it and pays all the bills etc can we claim 1st home buyers grant AND void the stamp duty

iHello - I probably know the answer willl be ' not possible ' but can I avoid paying stamp duty (NSW) and obtain 1st Home buyers grant by having the ownership of a property in my daughters name (18) ? I presume she would have to be the borrower which she is not . Thanks for any answers

Hi - I bought first IP in 2006 and would now like to try and purchase a 2nd. Need advice re finances and also if I should be looking in the same area ? Some info ..... The first IP was purchased for $ 350,000 in Oct 2006 and rents for $470 (gross) per week. It is a block with 2 houses on it...

Hi If I purchase an IP and live in it for the first 12 months ( at least ) do/can I avoid capital gains tax when I come to sell ? And is there a formula for calculating capital gains tax at selling time ? Thanks

Thanks everyone for your thoughts and observations I have given this some thought and weighed up the pluses against the one minus ( The road ). This property is in a sought after area called Wamberal on the central coast of NSW ( next suburb to Terrigal ) The property was originally listed when...

Am considering putting an offer for a property on a road that is currently being upgraded to a dual carraigeway. RTA has claimed land from properties and this house will have a new drive put in place and landscaped front gardens. It is a 3 Br brick house I in good order) has a 1 Br approved flat...

G'Day everybody. Have been reading the forum for several months now without posting. It's a great site and I am learning plenty. Would just like to share with you guys, as new investors, what we have purchased in the last 10 months. We live on Central Coast . Our first purchase last October was...