Search results

  1. B

    Sydney - Differentiators between North West vs South West

    Yeah it was in July 2014 had the house valued about a month ago was valued over 150k more then I paid. Wouldnt try again now the same block is over 350k way too expensive
  2. B

    Sydney - Differentiators between North West vs South West

    I actually got in on the second release so I purchased a block and built after. The costs all up was about 480 it was completed in Jan this year currently renting for 580 a week now
  3. B

    Sydney - Differentiators between North West vs South West

    I actually got in on the second release so I purchased a block and built after. The costs all up was about 480 it was completed in Jan this year currently renting for 580 a week now
  4. B

    Sydney - Differentiators between North West vs South West

    I purchased in the south west corridor in Leppington (willowdale) and my girlfriends parents live in Dural the North West. If I had a choice I would probably aggree with most of the posts in saying I would prefer the North West but if you factor the price diffrence between the two areas I do not...
  5. B

    Changes / tightening on servicing for investors

    Hi all , Thanks for all the information on the thread awesome information. Just wanted to know if the CBA has had any changes in their equity polices. I have a house and am hoping to get in Valued in the next few weeks and hoping to have 90 equity redraw instead of the normal 80%. Thanks
  6. B

    How to grow a multi-million dollar portfolio on an average income

    Sorry to bump and older thread , but I wanted to ask if your in a position where you have surplus and keep managing to save for deposits using cash will the banks still lend to you even if you hit that invisible lending wall?
  7. B

    anyone had stamp duty concession and not moved in?

    I am currently living in my property that has recently been built and wanted to know the state revenue board usual ask for proof of residency?
  8. B

    Accountant recommendations Sydney

    Thanks for the thread will be needing a tax agent soon
  9. B

    Calculating changes to your borrowing power

    thanks again for your responses. Say for example my max borrowing power is 450k and I purchased a property that is now worth say 550k and it is positive cash flow about 70 per week. Would I be able to borrow the same amount again? I assuming it will fall due to the 80% of rent only being...
  10. B

    Calculating changes to your borrowing power

    Thanks a lot for your responses and redom for the thread. Another quick question can you still hit a serviceability wall if you constantly buy positive geared properties?
  11. B

    landscaping and tax

    Just a question about depreciation is the taxable rate including your rental income? For example if I am on 80k a year without rental income but with rental income I am 100k. Do I get to claim based on the 80k bracket? or the 100k bracket?
  12. B

    landscaping and tax

    ah thanks you very much this makes a lot more sense now :)
  13. B

    landscaping and tax

    Ah thank you very much for the good news and the bad news ( insert half smiley face)
  14. B

    landscaping and tax

    Hi all , I had a question about tax and fencing. I am currently building a new premise and being a first home owner I have to live in the premise for 6 months to get the fhog. The house I am building will be completed soon and I have to do the landscaping myself and have been quoted for 5k...
  15. B

    Calculating changes to your borrowing power

    just wanted to know how is overtime assessed? I assume each bank is different on how they asses overtime?
  16. B

    Buying HL packages as a strategy for retirement

    I didnt purchase a house and land package but I did get a block of land in Sydney apart of a release from stockland about a year ago and construction is due to finish this week. I paid about 480ish all up and could probably sell it for about 600- 650k as other houses similar specs to mine have...
  17. B

    What have you achieved this year!!

    what a awesome thread congratulations to everyone who achieved something this year. As for me I purchased my first property in Sydney I purchased a new home to take advantage of the FHOG and the property could potentially have grown by almost 30% in value. Construction is due to finish next...
  18. B

    Liverpool NSW?

    I work and also live in liverpool area and noticed a quite a large increase in prices over the last year and a bit. You could technically split liverpool into 2 sections the good side and the lesser of a good side. Towards nagle st , charles and speed street are probably less desirable then say...
  19. B

    South West Area

    wow thats an amazing result could you share where abouts the otp purchase was?
  20. B

    South West Area

    I purchased it as a investment but will need to live in for a period of 6 months due to me getting the fhog. I am hoping for min 500 a week I could get more potentially but thats what I am expecting. Leppington will be a major hub in a few years and may lead the growth as well as oran park in a...
Top