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Hi fellow investors, A lot of experts are suggesting Sth East Qld for am area to buy property at the moment and hinting on Brisbane. Do you have any advice on the best areas in Sth East Qld to buy an IP. I am looking in the $450-$500k range. Thank you very much for your help...

Good plan. Thank you. I will check out API. Andrew

Thanks Rolf, Depends which way you look at the name, I use it as a motivation until I reach my portfolio goal. Andrew

Hi there, I am wanting to adopt a strategy that will provide me with the greater equity within a 10 year period. My plan is to buy a house, townhouse or unit in Sydney ( a cheapy because that's all I can afford) for around the $400k mark, move in and renovate around me then flip it and do...

Hi there, I am wanting to adopt a strategy that will provide me with the greater equity within a 10 year period. My plan is to buy a house, townhouse or unit in Sydney ( a cheapy because that's all I can afford) for around the $400k mark, move in and renovate around me then flip it and do...

Hi all, just a quick question, can banks approve a loan inexcess of 80%LVR in house without going to LMI? If so, do you know who can do this? Thanks Andrew

Hi Kristine, I thought you may have read my subsequent post "The bankruptcy gets lifted in September this year. Its actually my partner who had a retail business go bad from a previous marriage. We are looking at buying an Investment property together and I was wondering how her financial...

Hi guys, Thanks for your input. Although.... I have just spoken with CBA and WBC. Their response is, as long as LVR is 80% ie no LMI, and my history of payments with my current properties is perfect then there is no penalty re high interest rates for a recently discharged bankrupt being...

I am going to look into that but having the extra income will help serviceability I am thinking.

Any guesses on what the rates would be? Will I faint? In your example of showing no income, that must have had an effect on the serviceability?

Hi Kristine, Thanks for the bad news ;-). Do you think high rates would a still apply with me being 50% of the loan with a 3 residential properties as security? Regards Andrew

The bankruptcy gets lifted in September this year. Its actually my partner who had a retail business go bad from a previous marriage. We are looking at buying an Investment property together and I was wondering how her financial issue will affect the chances of us getting finance.

Hi there, Does anyone know the attitude of banks/ finance companies regarding discharged bankrupts when the person applies for finance to buy a residential property? Thanks for your help. Andrew

Hi there, I am looking at buying an IP in Orange, NSW. Does anyone have a view point on where to buy and where not to buy ? Thank you for any tips you can provide. Andrew

I self manage 3 IP's located in different parts of NSW. By doing this yourself you are far more diligent on rent payments coming in, chasing arrears, repairs etc. You must remember to do everything by the book eg bond, lease and condition reports. Also when the property becomes vacant you will...

Hi all, I am considering buying an IP in Parkes. I have heard some news about mining, transport hubs etc. Does anyone have any veiws on the long term potential and growth of this area? Thanks for your help. Andrew

Can you make this about me not you. Any constructive help would be appreciated. Thanks Andrew

Could someone please tell me how a constuction loan works? More imparticularly do banks value on the end value of the construction and work out the LVR for the purposes of the loan from that point? I am looking to buy a house with a large block of land and subdivide then build another house...

When interest rates were higher and my 2 investment properties were negaticely geared I took advantage of the Income Tax Withholding Variation. Now the properties are positively geared am I likely to pay tax? Should I cancel this arrangement with the ATO? Can someone help? Please put it in...

Thankyou Thanks everyone. I appreciate your time and comments. Andrew