Recent content by SYF

  1. SYF

    Toowoomba.... What are the better suburbs?

    What do you think of this property in Harlaxton? What stigma does Harlaxton have if I may ask....? This 4 bed room house with reno potential house a good idea or bad? http://www.realestate.com.au/property-house-qld-harlaxton-107579587 Pa1nter, Is there a flood zone map that I could check...
  2. SYF

    Toowoomba.... What are the better suburbs?

    Thank you Thank you, Pa1nter. I haven't spoken to real estate agents up there, but I would like to make some phone calls and ask questions. I am very nervous about buying away from home... Thanks.
  3. SYF

    Toowoomba.... What are the better suburbs?

    Harristown? I have been looking in Toowoomba. What are people's thought on Harristown? Our price range is $200k-$300k with 6%-7% yield. We have not done renovation before, but if we could get a house under $250k we will consider reno. What do you think of this one...
  4. SYF

    Bathurst?

    Thank you for your input. I will do more research (trying to get better at it but I am still all over the place). Thank you
  5. SYF

    Bathurst?

    Sounds great locko24. Houses in Orange are bit more expensive than Bathurst. That's why I am looking in Bathurst, but do you think Orange is better place to invest for cashflow + or neutral? Thanks
  6. SYF

    Bathurst?

    Where to look We are thinking of visiting Bathurst in a month time. Could you suggest which area to look at? We would like to purchase our IP number 2 for under $250k with renovation potential, or maybe build a granny flat in the back yard and rent them to students... Thank you.
  7. SYF

    Selling an IP to pay down PPOR

    Will it work for us too?? I have read the thread and wondered if 'spousal sale to reduce nondeductible debt' would work for us as well... We have 322k debt on PPOR now worth 530k. We bought our first IP last Nov for 397k and debt is 318k. This IP was purchased 50/50 ownership between me and...
  8. SYF

    What property "experts" do you rate?

    I am a new investor and have used her mortgage broking service last year. I follow some of her comments in magazines and also read through her websites. She is down to earth, provides lots of information which will help investors who are just starting out like me (and many others who are...
  9. SYF

    Bathurst?

    API & YIP Hot 100 Hi. I am looking into Bathurst for next IP since it is our price range and also listed as hot 100 in both API & YIP. I would like to know which area is best for buy, reno and hold. Any other opinion would be greatly appreciated!
  10. SYF

    Is it worth changing Ownership structure?

    Thank you, Terryw. I wonder if I should e-mail your link to my lawyer and ask about it. I suppose we got nothing to lose. So I will do that and see what he says. Ta. SYF
  11. SYF

    Is it worth changing Ownership structure?

    Thank you Thank you Propertunity and emptyvessel. Now I don't feel as bad as I did. We will definitely talk to our accountant and seek advice. We can manage cashflow with 50/50. I will not be working full time for a while (maybe never) and even if I work a bit more, my wage will not get as...
  12. SYF

    Is it worth changing Ownership structure?

    I need some advice... My husband and I purchased our first IP last year. I educated myself by reading books, going to seminars and visiting this forum. When we purchased an IP, our mortgage broker advised to have a property ownership with 99% in my husband's name and 1% in my name. This, of...
  13. SYF

    Property Accountant

    Nick My friend went to see Nick to sort out some financial issues regarding IP. She was very happy with him. I am planning to get in touch with him for my tax return this year.
  14. SYF

    First home buyer in West Wollongong/Figtree Area

    What about this one? I just checked realestate.com.au and saw this one. http://www.realestate.com.au/property-house-nsw-wollongong-107289335 This is in a great location and reasonably priced. Walking distance to free bus stop, hospital, uni and CBD. I wish I have a deposit for it!
  15. SYF

    First home buyer in West Wollongong/Figtree Area

    I think West Wollongong is good area to buy! Hi Webberfan. This is my very first post. I have been learning a lot through this forum. We have lived in Wollongong for 10 years and experienced a great growth. We purchased our first IP in Figtree in Nov last year. I think West Wollongong is a...
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