Recent content by GT.

Hi, I'm looking at buying a property and there is one of those electrical transformer boxes in front of it (see attached photo). Do these emit any electrical currents etc which are harmful? Thanks.

I've never been a fan of Fawkner. The fact that it's only accessible via Sydney Road, is in the heart of car yard district of Sydney Road, lacks shops etc doesn't really do it for me. Especially considering I want it to be my PPOR in a few years I can't see myself living there. I'll probably...

Hi, I am looking to get an IP which I will turn into a PPOR down the track. Looking at Coburg North, Pascoe Vale, Reservoir and Glenroy (targeting only certain pockets of Reservoir/Glenroy) as this is near my family/friends/network which will be handy when I do move into it. My budget is about...

Cheers. Will look into this further and speak to a lawyer. I spoke to four to get opinions because as mentioned they all gave me different advice. I wanted to get advice from a number of brokers, compare their structures to see which best suits me, my statergy and my goals.

ig It appears that it's having the cake and eating it. This is a structure that one of many brokers have proposed. Being new to the game I want to do my due diligence on the finance side and want to ensure that I am not out if pocket if I do proceed with this broker. My income can cover the...

Not at all. This property will be an IP. I am wanting to claim it as PPOR so that I get the six year main residence exemption. Following the six months it will be an IP whereby the rent will supplement my income towards repayments. So there is no fraud which you abruptly claim.

Hi I am looking at buying my first property. The broker has given me a structure where I treat the property as an IP on the loan applications to show that the rent will supplement my income in the repayments. Given this, I will pay stamp duty at non PPOR and non first home rates. However after...

Hi all, Looking at buying my first property but wanting to do the numbers first. I'm tweaking a budget spreadsheet posted on this forum but I am not sure if my net surplus calculation is correct. I have inputted my gross income then subtracted the estimated property loss and other work related...