Recent content by Shane Port

Dont know about Banana region but a point of interest around Dysart and Moranbah is the history of houses in these towns. A lot of houses in the market now and selling from 250k to 350k were actually purchased by owners from BMA (the mining company that owned them) for very little as the mining...

Hi Tammy I live in Mackay and work in Bowen basin out of Dysart, where did you buy.

Does your block enjoy seaviews, if so the CG should be there, also two storey does not have to mean big, if covenant does not state minimum square meters than investigate small footprint, mediteranean style house. Just keep in mind that if you build, can your view be built out by blocks in front...

Does your block enjoy seaviews, if so the CG should be there, also two storey does not have to mean big, if covenant does not state minimum square meters than investigate small footprint, mediteranean style house. Just keep in mind that if you build, can your view be built out by blocks in front...

L.O.C and tax deductibilty Thanks Marc Thats makes sense i guess it would just be a matter of calculating the interest percentage on the 80k portion of the ppor loan. The ip in question is our third and is in west end brisbane i have discussed it earlier in the coffee lounge. It is a two...

Recently spent a day with a financial institution who specialise in building wealth through property, one scenario put to us was to establish loc on ppor and draw 80k from this to use as deposit on 510k ip, with the idea of approaching different financial institution for balance of purchase...

Thanks Wylie, Yeah we have two kids eldest at uni and we do look forward to the day they are independent, would certainly free up some money. Like your veiw on West End, will sit tight till completion date mid 09. Would like to add something small in the meantime (property wise). Shane

Had huge new years party at home with friends and family, not much comment on West End IP maybe wrong forum, just reading threads on what people do for living etc. more interesting would be debt level for ips, maybe a bit personal but reason i am interested is that i have pulled out of contracts...

am 45 still riding, bike of choice is 85 Harley lowrider, triumph have done great job reinventing the marquee, suggest you look at American or its twin, cant quite think of its name at moment. All Triumphs seem to be good value for money, some good 2nd hand ones around also. Have fun and stay...

Hi All, This is my first post, have found the forum very informative. We have to I.Ps one a 1 b/room unit at Mission Beach and a 3 b/room older house at Halliday Bay just north of Mackay. Just looking for comments on our recent purchase which is a 2 b/room unit at riverpoint for $510k, this is...