Recent content by Ralph1

Hi all. Has any one used a small "boutique" property manager in inner north Brisbane?Do they offer a better service than some of the bigger agencies? Are they better because they only do property management and not selling? Any thoughts or advice or recommendations would be appreciated. Cheers

Hi Tonibell, how are the flats going these days. It has only been a year but has the Reno stood the test of time.

Hi all. I am still new to all this and trying to get my head around it. I am looking at buying a property in the SMSF, my financial manager is telling me I need to buy a new property to take full advantage of the depreciation. My accountant has mentioned not to worry to much about that, buy...

Sure is. Redrawing money from a PPOR loan that's going to become an IP causes a big mess. Placing surplus funds into the offset is the answer. Cheers Jamie Hi Jamie, love your posts. We are looking at doing renos on our PPOR and use equity to fund it and may rent it out at a...

Hi all, similar but different question. If I have a SMSF and have a $120000 deposit do I use all of that as deposit and buy one property or do I split it and get 2 properties. Going by what is said on this thread I should split it, or do you approach it differently because it is a super fund...

Hi all. Just after your thoughts on Pimpama. Looking at a dual occupancy home. 3 beds 2 bath on one side and 2 bed 1 bath on the other. Looks like a house from the street not a duplex. In a new estate with lots of vacant land around it, so the potential for a lot more homes to be built...

Hi all. Can someone tell me what a crossover is. Thanks

I have an IP in Lutwyche, 3-2.5-1 unit in a small block of 3, all strata title. The area is now zoned LMR. What are people's thoughts on whether to sell or keep. If the area does get some high rise buildings will the value of a small block increase or decrease.

Thanks for that RPI. I checked all that out and I don't think they will affect me to much. I also checked the Qld development code which gives setbacks etc but driving around there are houses with them in their front yards. Can you apply for relaxations? What is the best way to find out what...

Not sure. I rang the council last week to ask questions and was told I am probably better off ringing a private town planner. Thought I would try here first

Hi all. Can someone please help me, my block in Kedron was a small lot 536m and 13mtr frontage but now that the small lot code has changed to less than 450m mine is now classed as a standard block. My question is can I now put a double garage in the front yard. I read something last night on the...

Hi all. Thanks for the explanations above, fairly comprehensive replies. I now understand the returns etc that you get but I I'm still stuck on the bit about " it doesn't cost you one iota". If you take 60k out of your equity for all expenses, so now your loan has gone back up by 60k which...

KKgirl have you used Hotspace? How was there services, was it worth it, what was the pricing like? I was thinking of using them for our Reno. Cheers:)

Euro73 could you please explain something to me. You say you use equity to fund the deposit etc and the 10k short fall in the repayments for the first year, all up about 60k, and this doesn't cost you one iota because the portfolio costs you nothing to hold. I think I'm missing something here...

Hi all, I have a question about an NRAS property I am looking at at the moment. If it costs 445000 and I put in 10% deposit plus mortgage insurance and stamp duty and fees and the rental shortfall is around 16500 on the repayments including body corp rates etc then with my tax return and nras...