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Looking at my second IP and currently have a 'pro pack' loan with St. George $395/pa with all the bells and whistles. Everything I read seems to say do not cross-collateralise! My situation: 1. IP 1 Loan amount $246k - Value $400k 2. Budget IP 2 - $550k purchase price I want to...

I wish to purchase land with the purpose of building duplexes. I understand that I need to apply for DA, however what are the basics of knowing that a piece of land 'can' have multiple dwellings? - How do I find out what the area is zoned for? - Do I need minimum sized blocks/frontages...

I've got my head around the basics of purchasing, owning, financing, maintaining an investment property as well as the tax implications. This learning process was due to reading several books: - 7 Steps to Wealth - More Wealth from Residential Property - This forum - Actually doing...

Hi Everyone, I signed the contract for my first property in March 09 and settled in late May 09. I intended to move in for 6 months and rent elsewhere so I can push on and buy another property as soon as possible. In April 09 I got sent interstate for work which was due to finish...

Background My main account (Salary, eftpos etc) is a commonwealth bank account. My IP account is a St. George account (credit card, offset account, mortgage account). My rent goes straight into my offset account, monthly. Currently my home loan comes out monthly out of this said offset...

I'm at the final stages of buying my first property. I've had my offer accepted, holding deposit down and have 6 working days till my cooling period runs out with finance pre-approved. I just sat down with my solicitor, contract looks ok with some clarifications that need to be made...

I'm a FHOB and will be taking advantage of the grant and once I fulfill the requirements it will be likely I move out into a rental property or similar. So for the first few months this property will be classed as an investment property then OO (for 6months) then back to an IP and hence...

I am doing my cash flow forecasts on building depreciation. As a general rule I've been assuming that the new houses I've been looking at have a building value of 40-50% of the total property value. However the apartments have little land content, lets say 10% of the property cost. However I...

I'm sure theres a few first time investors in the same situation. Anyways.. Background - I wish to legally take advantage of the FHOG with the aims of moving back home with the olds after my minimum 6 months in this property. I hope I can go back home for financial reasons as it might be...

Hi Guys, Just a bit of a background, I'm 22 years old, finishing university this year but have been working (and saving) for a few years now. I've been reading about property for many years and finally being on a salary has meant that its time to start seriously putting some time into getting...