Recent content by Tristan1

I bought house and land package for 310K in the White Box Rise Estate Wodonga. 4 bedroom/two bathroom/ two car garage. Build was finished January 2011. Currently rented for $385p/w. Valued at 350K in January 2015. 40K growth in 4 years = about 3-3.5% growth (not enough for mine). Its positive...

Some great cashflow deals getting around. Particularly in the cheaper properties 7% + yield. How much CG are people forecasting and how long do we think it will take?

Regardless! Still a useful informative post for people considering their first IP purchase.:)

Hi Guys, Interested on peoples thoughts regarding Tax Variation. The idea of accessing your entitled tax back weekly rather then waiting 12 months sounds pretty good. For example, have a look at these figures for one year on a sample investment property. Rental income $18,279...

PRP, My first IP was a DHA one in Wodonga, Victoria. I serve in Defence so was a good option for me given I was getting extra grants for buying in the area. I purchased land and chose my own builder to build to DHA requirements. Land 110K and build was 200K. Cost was 320K after...

John, I live in Sydney and have just purchased a house in Marsden. I used Karen from Property Zest. Karen has been fantastic and buys quite a few properties in the area. http://www.propertyzest.com.au/ Fee was $8800 for the full service for property under 350K. I was in the same boat as...

Spoke to Sumayya today, very helpful. She said that all fees are negotiable. How many properties do you have with Sumayya and what management fee are you paying, (if your happy to say)? just want to get a figure so I know im paying something reasonable. Im just looking to have the one property...

Also looking for someone in Sydney with an investors mindset. Will be hitting you up around tax time. Just reading the EBook now. Great Stuff.

Hi Guys, Just purchasing my 2nd IP in Marsden, QLD. I want some feedback on property managers in the area. What Managers/Companies are really good and what are the ones to stay away from? Thanks

Don't know much about Bankmecu but interested in peoples opinions. They are offering a Basic home loan investment special of 4.60% (4.61% comparison rate) And they will capitalise LMI above 90% with that rate. Sounds pretty good. Pretty sure brokers don't use them. Has anyone used Bank...

Hi Guys, New To Somersoft, have been following the threads for a while, love the advice and opinions, keep up the good work. Looking to invest in Brisbane for under 300k. I know its not much but want to keep buying property. My strategy is buy hold, release equity and re-buy. Im looking to...