Recent content by Hosko

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    Wesfarmers Federation Insurance

    I have used WFI for a few of my properties previously and always found them to be good. Good premiums, good claims experience. Having good experiences and being picky about who I work for, i thought that one day that may be a company I wouldn't mind working for. In the interests of full...
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    DHA management fees

    Great, thanks for all the feedback thus far. Back of the envelope calculations with my property vacant for 3 weeks plus an additional week where no rent is received because the REA gets the first week of a new tenant, that's about $1,600. The additional 8% or so that DHA charge to manage is...
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    DHA management fees

    Hi All, Now before this gets shot down, let's assume all things as an investment property tick the box regardless of being either a DHA house or non-DHA house. My question is - Are the 16.5% that DHA charge to manage a property that unreasonable taking note that there are nil vacancies...
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    Insurance during IP reno

    A good question to ask your insurer. I know mine is OK with coverage during reno's as long as the Reno isn't costing more than $100k. Hope this helps
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    Day Trading

    Hi Zimby, I do a little bit with Options on the ASX. Success varies month to month. I'm playing with $3-$5k positions. Sometimes in and out over 2 days, others I'll hold for 10 days or so.
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    High Yielding Shares Again

    I'm not a large contributor here but do take an interest in property and shares. Currently have a 3 property investments and these are just bubbling along in the background. Much more daily activity is taking place with our shares. I use these to generate additional cashflow through options...
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    Variable rate

    Well done Tony, Would you mind sharing loan amounts and LVR's? Thanks
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    How does a corporate credit card affect loan application

    Thanks for all your enlightened responses. I'll head to employer today for a letter. And Jon, not using the money as income to service the loan. Wish I had thought of that gem!
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    How does a corporate credit card affect loan application

    Yes it kills it at $25k, guessing the same result even at $20k.
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    How does a corporate credit card affect loan application

    Nope WBC. And Yep, I'm guessing it will kill the servicing
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    How does a corporate credit card affect loan application

    Hi, I have a company issued corporate credit card. Unfortunately I am liable for the payments, so I'm guessing this counts against the serviceability of a home loan. The company pays the money to me before the money is due to be paid to Citibank (where the corporate card is held). The card...
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    Accounting Fees

    So what makes a good accountant? Is it all about the lowest annual fees, getting the largest tax cheque possible, or more so about being proactive in relation to your needs and anticipating where they can help you? This would obviously come at a price, so how do you work out what is reasonable?
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    Shifting current lending to mortgage broker question

    WBC. I'm not seeking a new loan today, more likely 4-6 months down the track for next property. More so asking to see if it is worthwhile starting the conversation now with brokers for actions that will take place into the future.
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    Shifting current lending to mortgage broker question

    Possibly one for the brokers. Given that I am currently financed with a bank directly, is it possible for a mortgage broker to pick up an earn on this while I still keep my current lending where it is? Or would it need to be refinanced? Only early in the property investing journey and looking...
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    Contacting landlord to purchase rental property?

    Maybe put in a few repair requests to get the landlord thinking that its not worth the hassle holding the house. It was pure coincidence when this happened with the rental that we ended up purchasing but I do feel that it made the decision just that little bit easier for the landlord to encode...
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