Recent content by zimby

Wow thanks All. Bran, not in the Medical profession, was just a visit where I snapped a selfie :) Lines up with what I've been thinking, probably time to bite the bullet and take a minimum basic over. Partner has good cover with added Babymaking option so she is not really fussed.

Hi Apologies if this has been covered before. I also would contact my accountant, but Its a public holiday and I'm keen to get further opinions :) So, up until now i've not had any inclination to purchase private healthcare, I'm an active 31( hence the rush) year old who has had no need...

Howdy Are there any day traders on the forum? Or even very active traders. Got some time in between properties and looking to do a bit of active trading. I understand the risks and have traded before, but never actively ( 15+ trades a week) Whats a good capital amount and in what lots do...

Hahaha people still laying into fullylucky and his DIY Job :)

Howdy So currently going through some issues with this nasty QLD weather. Have a townhouse that has flooded( gutter rain) 3 times now with approx 4-5 inches of watch through the lower level( kitchen, lounge, car port) Each time has been with the freak downpours. 1st Time Body Corporate...

A good property Manager is worth all the money you can pay them and more.

But What LVR?

Thanks Jamie, Currently on Single Income so not hugely concerned. We live pretty light and IO repayments are quite compatible to current rent for the area's we're looking at. Shahin_Afarin - Indeed, have done topups in the past, but only for for Investment, so likely be a separate loan to...

Howdy We're looking at purchasing property number 4. Property numbers 1,2,3 are all tenanted with IO repayments. There is enough equity to draw down from property number 2 and property number 1 for property number 4 deposit, serviceability is good as well. Only Problem is We've reached...

Thanks Jamie Which banks allow up to 90%? for these scenario's?

Howdy So here's a scenario. Property 1 loan 346 bank value 415 property 2 loan 344 bank value 439 property 3 loan 381 bank value 493 LMI paid on all loans. How much funds could be extracted for investment. The Figure 21k was reached for the two property's under 80% lvr, bringing...

Thanks Paul. I currently have a few policies with EBM and have claimed with them in the past. However This has only been for Landlord protection. Pretty much only after the insurance for Legal Liability, not concerned about the actual contents as we are not super Materialistic and majority of...

Howdy Anyone using the Tenant Cover Provided by EBM and had a claim? Landlord Protection is pretty good. Tenant cover is quite cheap comparatively speaking( half the cost of combank for twice the claim amount) this makes me wonder if I'm comparing apples with tennis balls. Cheers

Cheers! Interestingly the only mention was disruption in the area, so I might be reading into this a bit much.

Thanks Y-Man Sounds like it could be fair, interested to know if this will work out for you after number crunching. Is the property PPOR or Investment? Is it doing well? If doing poorly then this would be a good opportunity to shift a property, if doing well then I guess a bit harder to qualify.