Recent content by Loony

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    Home value vs investment value

    whats the value of your PPOR vs your investments? Most of us here probably can afford a more expensive home but decide to buy investments properties instead At what point would u decide to reward youself upgrade your PPOR?
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    DHA management fees

    I always thought 16.5% is high but if you consider you receive 52 weeks rent and they replace carpet and repaint that's actually decent. as long as the 16.5% is total cost I think its okay (I don't own any DHA properties)
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    Renting villa to your mum.

    Lucky I read this post! I was planning to 'rent' a place of mine to my parents. Love this forum always learnt somthing new.. I guess the postcode check to see if it's market value is powerful
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    Renting villa to your mum.

    question: in the case above market rent is $300 and if mum is renting it for 200p/w (under market rate) At tax return how does the ATO knows that 200 is under market rate? surely they not going to go around to check if everything is receiving market rate. and some for tenants of mine...
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    First IP :-)

    you can start advertise the property for rent? so by the time you settle on the property you can have someone moving in. not sure about rules in qld. but once you exchanged you will need to get property insurance. Good luck and congrats :)
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    How much puff does Sydney have left?

    I think there is still a room to go up in syd. market always keep going up when majority think its going to drop. it crashes when everyone thinks its going to go up. (eg goldcoast) it only crashed when nobody see it happening also weaker Australian dollars increase in foreign investment...
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    Does land size matter?

    the 2 open end one worth more, not only because of the 40m2 land size but the windows on the open side. if the open end looking out to open space/parkland then again it worth more.
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    Novated Lease or Buy Outright?

    Question: on the table you showed at the end of the 3 yrs, lease is about 9k better off, but you will need to pay the car out? (Residual of 15750?) Whereas normal car loan you don't? Anyway I m leasing my car and on a car loan (for wife) I find leasing is a rip, never do it again. ( mayb I...
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    1 Million to Spend

    You can buy 1 block of land and do a owner build.
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    Neighbour's selling

    How much you think the yield would rental be? You may still buy it today and keep it for long term to sell it to another developer? A builder/ developer will make more since they can build for cheaper so what not worth to you may worth to them I have a friend, brought his rear neighbour...
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    Buy and hold strategy break down

    Aggressive not equal to risky. Personally I would say doing a development or some sort is aggressive strategy Eg sub dividing building when you are not a qualify builder.(high outlay for higher return) Or buy 5 apartments off plan and on sell them before settlement Passive strategy...
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    Seems like rates will stay at record low for longer than we predict

    I guess even if interest rate go to 10% in 3 years time and from a investor point of view meaning there is going to be less people can afford to buy (due to harder to get loans) and therefore increase rental demand and higher rental return? it will only impact on those hugely negatively geared?
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    Should I use a Buyer's Agent?

    ""Frankly, I don't see the point in making mistakes that could cost tens of thousands of dollars and potentially put you back years in your investing. I would prefer to cough up a bit of money upfront. I see your point with learning the ins and outs yourself though and getting to know...
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    Should I use a Buyer's Agent?

    just like keeping yourself healthy, you need to eat well and exercise, like it or not there is no easy way out
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    Should I use a Buyer's Agent?

    NO! Not for the first few purchase I reckon. you need to learnt. any states any time there is always a 'good deal' its a matter if you find it. you need to have the experience and knowledge, this experience and knowledge will also helps you finding buyers agent later down the track...
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