Recent content by newstart

We've had some serious discussion but still need some experienced brokers on this forum and anyone who has done this before to shed some lights on our plan. 1. We'll build a house on the current IP then move in. This will become our PPR. 2. Then we'll start building 2 duplexes on our former...

How do you avoid cross securitise the properties if you go with one lender? As I mentioned in the post that we plan to sell one of the duplexes to repay our current IP loan (will be our future PPR) and development cost but keep the other duplex for IP with IO loan (required offset account). We...

I mean 2 dwellings. Although I haven't got DA approval but am sure it can be done due to similar properties in our PPR area with the same size and had 2 dwellings built. In term of LVR, we'll be looking for 80% but need to be very well structure since we'll turn our current PPR into IP and vice...

I’m planning to venture into development but need to study if it’s feasible in terms of finance. We have a PPR that is already paid off and an IP (with an IO loan of 260K). We also have a LOC on our PPR but with a different lender from the IP. The plan is to build 2 duplexes on our PPR and a new...

I am interested in access for VIC, please pm or email me, thank you.

Hi Propertunity, of course I'll contact the insurance (just yet) to get more info but thought of having source suggestion from here first so that I know what to prepare and expect especially from someone who's with AAMI...

Hi all, my tenants broke the lease a few months before it expires and I'm now starting the process of making a claim of Landlord Insurance from my insurance (AAMI). I'd like to hear stories/suggestion from someone who has made better and quicker claim(s) from your Landlord insurance. Thanks.

I know that there're some threads discussing about Mt Druitt, but I'd like some advice/opinion from those who are so-called the experts in Mt Druitt and Blacktown areas. For the same X amount, where should I invest Mt Druit or Blacktown? Any particular streets/blocks to avoid. Thanks

Hi all, We have an instant equity (equity loan on our PPOR) of $300K ready to spend and been looking for another IP with the intention of a cash deal. We think by doing it that way we can negotiate hard for our IP. We then refinance after that so that we can have the equity for our next...

Just a question outside of this thread. Can anyone shed some lights on how to terminate/cancel current PM existing agreement given my current situation? Thanks.

Hi Perp, thanks for your reply. Yes, the property has been on the market for a new tenant. However the PM has been pressing for option 2 in which i allowed the existing tenant to get out of the lease unconditional. I kept saying no because the existing tenant has the responsibility to keep...

Hi all, I'm looking for some advice on the following situation. My tenant has vacated the property 3 months earlier than the lease agreement expiry (they have notified the PM). I've asked the PM what they can do just in case if the tenant can't pay the rent for the next 3 months since they're...

Hi, if anyone has any experience with Australian House Hunters www.househunters.com.au, please shed some lights? Thanks.

Hi all, We've just received a letter from our PM recommending a debt collector company as part of their PM. The letter said "The landlord acknowledges that the managing agents duties and responsibilities under the management agreement cease and thereafter upon obtaining a VCAR Tributnal...

Hi all, I'd like some opinions from some expert Home Loan Brokers here regarding to my situation: 1. IP will be mature soon, currently with Colonial, loan amount 204K. Was bought 255K few years back. Price has gone up subtancially, amost double 2. Another $70K on another lender that was first...