Recent content by Wishlist

  1. W

    Costs and fees on a refinance

    Thinking of refinancing and would like some info on expenses that are not bank costs. The property and loans are in Queensland. It is particularly government fees/costs that I would like to know, such as stamp duty - does that still apply? - and any other fees that might come as a surprise...
  2. W

    Negative Gearing numbers revisited

    This sounds like you already own the properties and are considering pumping more cash into them. If so, what is the 'cash on hand' currently being used for? Would the returns or potential returns from the cash as it is currently used, or intended to be used for, (is it in shares?) outweigh...
  3. W

    what if i'm on the receiving end of an unfair will.

    Even given different financial attitudes, in the end it is their money to dispose of as they wish. You can only discuss reasonably with them the possible financial benefits to all of a different distribution of assets in the will (assuming you are really concerned with 'all' and this is not...
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    banks v smaller lenders

    Guess if they are unknown lenders then we cant be of any help. :D However, with regard to lenders other than the big four banks and their collective ownerships, then I can say I've been happy with lending I've sourced through smaller lenders. I would say the key to any lender you...
  5. W

    Which would you pick? Secondary location/top suburb or better location/2ndary suburb?

    Good advice everyone. Even if the deal is good, I have decided not to buy where there are already obvious negatives that can't be mitigated. Forever....:eek: Now, that's a scary thought.
  6. W

    Which would you pick? Secondary location/top suburb or better location/2ndary suburb?

    Trying to decide if buying within a very good suburb but in a secondary location is worth considering in preference to buying in an average suburb with a much better location, if the overall cash flow is a about the same. Property Positives - close to everything (transport, shops...
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    Smoke alarm compliance

    Thanks for your post Lura. Having input from a PM is valuable. Keep it up. I agree with Lura. As a Landlord I considered doing the task myself but realised that traipsing over to a rental property, even if it is close by, is going to take at least an hour of my time, and if the lease is...
  8. W

    Smoke alarm compliance

    Thanks for your post Lura. Having input from a PM is valuable. Keep it up. I agree with Lura. As a Landlord I considered doing the task myself but realised that traipsing over to a rental property, even if it is close by, is going to take at least an hour of my time, and if the lease is...
  9. W

    Are QBE and EBM offering the same landlord insurance?

    I see EBM are insurance brokers. Their rentcover policies are underwritten by QBE (I believe), so is the insurance on offer via QBE website (ie combined building and landlord insurance) really just the same as the Rentcover Platinum? Easier if someone knows the answer than for me to go...
  10. W

    Do you like the new realestate.com.au website look?

    Alerts NOT happening!!! Created a couple of new alerts, and deleted the old ones and now I get none. Anyone got any tips on getting this fixed. It's driving me crazy having to go through all the same new listings each time. They are 'new' for longer than I need. Have started using...
  11. W

    Thoughts on the market in central gold coast

    New infrastructure happening in the area - light rail and hospital. Anywhere close to that may get a boost.
  12. W

    Psychological advantage of putting in a pre-auction offer

    No, definitely no plans to make unconditional offer. If the date for finance etc approval is before the auction, wouldn't this give them two bites at the cherry, as they can still proceed to auction... or would having it under contract mean it must be announced to all and sundry, thus...
  13. W

    Psychological advantage of putting in a pre-auction offer

    Considering how to approach a property that is up for auction. Not interested in bidding at auction and want to put in a pre-auction offer with conditions. Situation: Auction is about 3 weeks away. House is being sold because of an unhappy divorce situation. I am thinking of making a...
  14. W

    One house, one title but divided into two units - pros and cons?

    Okay, so if it can be reconfigured without too much expense, then as a long term hold you come out with average capital gain, or better depending on whether another investor wants to buy it because of the yield. Is it worth paying more up front for the increased return though? Say you get...
  15. W

    One house, one title but divided into two units - pros and cons?

    Particularly interested in the pros and cons as an investment compared with a conventional house. Yield is expected to come in at 7% or better. Long term would you expect its capital growth to be similar to surrounding properties? I understand that a property like this would be more...
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