Recent content by Witzl

I'm not sure if this has already been mentioned, but the $95 fee does not apply to existing customers who set up a new loan over $100K after 1st August 2013. It DOES apply if you are not borrowing any new money, or are borrowing new money under $100K. I just found this out from my broker this...

Similar to what See_Change and Ausprop have said, and these guys are FAR more experienced than little old me. I see Brisbane as value because it has had its little correction, market has been down for a while there, and because it is a slightly contrarian view to everyone else thereby making it...

By moving I mean "hot" like Sydney is at the moment. I do agree that it is primed and ready to go. If i were in a position to buy more IPs right now, i would certainly be buying in brisbane - represents the best buying value to me.

Iron shirt in the morning..... shirt all creased when i get to work.

I voted investing less than 5 years, with growth 20-50%, but then realised we've been investing over 5 years now, whoops! I definitely see growth of 20-50% in the next few years. Sydney has been building up price pressures for a number of years, and the rate cuts last year turn on the taps and...

i personally wouldnt invest there, well not for a unit/apartment anyway. I'd only buy house and land. I think the CG would be somewhat limited, compared to a house and land in a different suburb. Houses are popular in the northwest, and units are seemingly only popular in the more well...

Got details for the Joe painter? I need to get my new PPOR painted during my renos, and my regular painter is booked up till xmas.

What you have said here is very very similar to several stories i hear from the Chinese that i know and meet with regularly. I agree that it would startle most Australians just how corrupt the country is compared to here. It is beyond what most could imagine. That's what i was trying to get at...

I mean that the proportion of chinese people buying is far exceeding the proportion of chinese living in the area. Yes this could be an increase in the proportions of Chinese wanting to move into the area..... but the increase just does not seem realistic. At most houses i went to, over 80% of...

I visit china a couple of times a year, and get to talk to a lot of entrepreneurial business owners and operators there.... so i say the below only from the experiences and conversations i have had... .... In the last few years, China has had a MASSIVE property bubble. Values doubling in...

Before going down the path of solar panels, have you instead considered installing some more energy efficient products to reduce power consumption first? The first port of call would be to replace all lighting with LED - we all know students don't turn off the lights, EVER. You could save...

Talk to your broker and accountant about getting this set up correctly for your specific situation.... .... but the way we have done it in the past is get a set amount of equity in our PPOR mortgaged with a redraw facility or offset account attached, putting all the funds from the mortgage into...

So you are concerned that you have INCREASED your income? Sorry does not compute. Depending on your long term goals, and your personal situations (kids, family home etc), if i were you I would consider pulling some equity out of one of these investment properties and buying another 1 or 2...

Me personally, given your plans i wouldnt bother with a skillion roof. This house is purely a money making investment vehicle, not a "live in it an love it" home. Hence, do what works best for the numbers. Look at it long term - if you plan to hold the property for 10 years say, will you get...

Nah no offense at all. DIY Australia is not one of these low-end mass produced type kitchen companies though, they use high end materials and finishes, and allow for custom designs which can then be supplied either flat packed or assembled. For example, the 2nd IP above is 18mm MDF, gloss poly...