Recent content by Shelly

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    to sell,to buy or not to buy?

    ta Les Sorry to be confusing, No, I don't have a mortgage on my PPOR. Well I do and I don't,I have a St George Overdraft,they call it Portfolio. At this time I could close it down if I decided to. I've kept it as sometimes I use the overdraft for short periods,such a holiday last year...
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    to sell,to buy or not to buy?

    Hi all, I'm about to settle on one of my investment properties. Which means I will have one investment house(neutrally geared)left, as well as my own home. I have some(not much) money invested.Returning about 7.2%. I was going to put the proceeds of the sale into the same account. Not...
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    Options

    Don't worry about my money Bill. I'm more than capable of spending it myself,I'll admit a bit too capable:rolleyes: Cheers Shelly:)
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    $60,000 invest or use it to buy?

    Why thank you Les, Personally,I think it's all good stuff not just the 5 stars:) Shelly Edit: slight edit to keep context now that thread has been split
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    $60,000 invest or use it to buy?

    Felicity,with such a lovely smile,those private investors shouldn't be too elusive. I know what you mean Manny,I've seen some of those frightening solicitors stories as well. The local group here are very solid.Both partner and I have found them helpful with lending. Thing is, their rates...
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    $60,000 invest or use it to buy?

    Thanks everyone,sorry Lissy can't help you this time:) Kristine,I've figured out a couple of things that will help you age quicker.As for the reverse,in America human growth hormone is popular:confused: If I hear of any break throughs,I'll let you know. Personally I would rather park...
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    $60,000 invest or use it to buy?

    Sorry to sound confusing,the internet real estate site is obviously not private. What I meant is, its not like Real Estate Australia,where you list with a real estate and they advertise your property there for you. Cheers Shelly
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    $60,000 invest or use it to buy?

    We sold because partner needed the money to move onto another project. We made a rather fair profit and my partner sold the property in one week using a private internet site,so no commission........that part feels really good! Yes have considered CG tax and will be paying it. I don't...
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    $60,000 invest or use it to buy?

    Hi All. We have recently sold an investment property,will settle in January.I should receive about $60,000 from the sale. I'm thinking of buying another one. $60,000 doesn't go very far in todays market. I'm wondering if it's best to invest it somwhere and try to get about 8% return and...
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    Residex Future Values

    Hi All, I was wondering how accurate people think the Residex Future 5yr Snapshots really are? I'm thinking of selling and then buying another property partly based on the Residex predictions. Cheers Shelly
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    Line of credit to a lo doc loan?

    Thanks Les, The idea of the extra funds is for whatever,whatever I might decide to purchase. I would most likely be looking at using some of it as a deposit for another lo doc IO loan to purchae another investment property. I'm also considering putting my PPOR on the market and buying...
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    Line of credit to a lo doc loan?

    Hi,I'm not sure if I'm doing the best thing here. I presently have a line of credit with St George(Portfolio loan)on my PP. Some time ago I requested for the limit to be increased,I managed to get an increase of $50,000,this left me with available credit of a bit more than $80,000(not much...
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    Ed Burton Seminar

    Oh my, I'm replying to myself here. Looked down and noticed that on the 15th, Darren also made an enquiry about Ed Burton. Thanks,I think I get the picture.Ed's probably not for me. Shelly
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    Ed Burton Seminar

    Hi, I have just received a CD by Ed Burton a licensed financial and tax advisor. As well as an enrollment form for his latest seminar,costing $1,480 for two days. Has anyone been to one of Ed's seminars? Cheers Shelly
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    Residex future value

    No probs Les, Residex information was helpful to others as well as myself. As for my PPOR,held it for more than a year.I had it built just under three years ago.Capital growth excellent due to national boom. It would most likely sell for between $550,000-$580,000. House next door sold...
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