Recent content by GlennM

Peter - Your new Book Peter, Just a question in regards to your book that you have completed concerning Shares/Options. Have you an update when it will be published and available in the bookshops? Thanks, GlennM.

Thanks Richard.

Is it possible to source an interst only loan for a PPOR? If so, which banks will accept these types of loans? Thanks, GlennM.

Clarification from Peter's Seminar Went to the Melbourne seminar and it was good value for money.....thanks Peter. One thing that was stated that I didn't really understand 100% was in regards to paying off your PPOR (your own place). Peter said in the seminar that it was silly to pay off...

Anybody know when Peter Spann's new book on Shares and Options is to be released? I remember Peter making reference to it quite a few months ago on this forum? Thanks, GlennM.

Julia, So if I establish say a second Credit Card that is solely used for Investment purposes only and use this to pay for IP expenses, I can then sweep amounts across each month from my LOC account and claim the interest from this account? Under this scenario: 1) I effectively free up...

Tubs, Yep...the data from the Valuer General in Victoria can also be purchased as a soft copy. I have done this over a number of years. It is great, as the soft copy is in Excel and you can manipulate the data as you see fit....definitely saves typing the data from the book!!! However, you...

I believe though that if you replace an asset in its entirety (even replacing with exactly the same asset), it will be subject to depreciation and cannot be claimed as a repair or a 'one-off' deduction. However, the Net book value of the old asset can be written off. GlennM.

Duncan, I agree with you...would also be good if you could search by number of bedrooms. GlennM.

Snapper, Both suburbs you mentioned - St Kilda/Port Melbourne are only a few kilometres from Melbourne CBD. Frankston on the other hand is around 40 minutes drive out from Melbourne. You will need to weigh up the potential for Capital growth and income in the area (depends on your...

Acey/Sim/Michael, Thanks for the clarification. GlennM.

I normally use realestateview.com.au rather than realestate.com.au as I had previously thought they were significantly larger (as far as listings etc are concerned). Does anybody know whether they are related (same owners)? Does this mean realestate.com.au will now take the lead? GlennM.

Steve Navra, Just wondering whether you have had a chance to put together a rent vs buy spreadsheet as per you earlier post. Thought it would be quite interesting to many of us!!! GlennM.

I started off using Westpac. However, I have found ANZ more flexible, allowing 95% borrowings and they also capitalise the Lenders Mortgage Insurance (LMI) as part of the loan. My last two loans as a result have been with ANZ. GlennM.

As stated before, it is supply and demand that determines rent levels. I am located in Melbourne and have had to decrese rents in order to attract tenants. I believe that investors are currently being hit both ways, stagnant or decreasing rents and ever increasing housing prices which both...