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    wat's wrong with article?

    http://propertyupdate.com.au/invest-high-growth-properties-without-hurting-cash-flow/ I like reading MY's articles...but this one got my attention. I think it gives incorrect information (unintentionally, I would say) which can be costly..lets see what u guys find??? Hint: Comments at the...
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    Credit hit on Pre approal extention?

    Does extension on Pre approval from Bank causes an additional Credit hit? Note Pre approval is already in place but expires in a month time....Pre approval was done in October last year... cheers
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    Query abt Tenancy agreement - VIC

    I've property in VIC on annual lease. Lease is about to end and we have send the rent increase notice with new lease, tenant has decided to browse around. I am thinking, until what time tenant can hold off making decision. Is it the last day of lease or 28 days prior to end of existing...
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    Conveyancer and B&P Sydney west

    Hiya, can I please get some latest references on conveyancer and B&P inspection in sydney's west.... Property will most likely be unit/apartment.... thanks
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    NSW buying strata unit process

    Hiya, Trying to understand what is the Private sale process in NSW for buying strata unit. I mean what sort of checks needs to occur before signing on contract. I've no exp buying in SYD.... in VIC, you get section 32 (on request) from vendor and you can get this looked at by your...
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    LMI allocation

    question for brokers.... Refinancing existing loan from 70% to more than 80% and using that money to fund the 20% costs for new Investment property. Plan is to set up the additional account for this equity release. As I am going more than 80% LVR would be payable. initial loan did not had...
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    LMI deductible for scenario ??

    Hi there, I am in process for releasing the equity from existing IP as separate split to fund the next purchase. Need to borrow above 80% for equity release hence LMI payable.....lender has advised that LMI payable will be added to separate split.....Plan is to 10% deposit for new IP + stamp...
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    Thoughts on Geelong and Ballarat

    Just wondering what are people's view on VIC regional market. I am looking specifically in Geelong & Ballarat. Is one better than the other? We want to invest for long term and capital growth is important for us, to gain equity and buy again. Budget is 350K (but less would be better)...
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    is this cross collaterisation

    Hi there, Just trying to understand If I am doing the cross colltarisation here? I've two properties and combined equity in both is enough for me to fund 20% deposit for another investment property. My broker suggests that I create the new loan account of e.g 100K (50K equity drawn from...
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    where to invest?

    Hi there We've been saving for a while and in a few months we'll have saved enough to cover our existing PPOR debt (i.e. no mortgage)....this was the best strategy i learned here and have given me flexibility to upgrade to new PPOR eventually with this offset money but new PPOR is still few...
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    Owners Corp unresponsive

    Hi guys, Just wondering if you guys have any suggestions on how to get answers out from my owner's corp management. I find them completely unresponsive and hardly reply to e-mails or phone calls understand u get what you pay for.....but they are not cheap either. I find body corp manager...
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    Building a credit file

    My partner and I have joint savings account in our names. She has started her career and earning decent income. her salary gets deposited to joint account and then gets transferred manually to offset linked to PPOR. PPOR, IP and all the utilities are in my name. She had separate Saving...
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    interstate IP - local or interstate broker?

    When buying a property interstate for investment, what do the brokers/conveyancers and investors recommend hire a interstate broker or use the one from your local city.... it makes sense to hire a local conveyancer but what about broker? Is it possible that if both are local they can work...
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    litigation question for couple

    Had a very interesting discussion about the litigation process with my friends. My friend has IPs on her names only and that is how she wants it to be....one of main reason she mentioned that her partner works in particular industry where he is likely to get sued compare to her...
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    LMI on PPOR - deductible?

    Just wondering if someone had similar scenario where they had to pay LMI on PPOR to fund IP.... currently my existing LVR on PPOR is <80% and as per my calculation if I'll take it to 90% i get enough money to fund my next IP.....but wondering will be tax deductible over the next 5 years or...
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    Neighbor's tree damaging antenna

    Hi All, A tree from my neighbour's garden is overshadowing antenna on my property....so far not much issues with reception or something....but in 1-2 months i can foresee the branches from the tree very likely going to damage the antenna..... just wondering should i tell my neighbour to...
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    Equity Release & Loan structure for 2nd IP

    Hi there, Planning to buy 2nd IP in a year time. As a first step I am thinking for arranging finance for 2nd IP deposit and structuring importantly?.I understand that I?ll have to do valuation to get the $ amount & this time around happy to pay LMI to borrow more?.. Current Situation...
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    Poor TV Reception ($800 to repair??)..help

    Hi Guys, Can you pls provide some assistance/guidance on this issue....After 9 months in tenancy tenants raised poor TV reception issue at IP. PM suggested it might be to do with high winds we had. PM got a guy at the property and they've come with a quote in total of abt $800....I am...
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    tax queries

    Hey guys, settled on my first IP this in 2012-13. I am with one of the big four with their professional package...which basically gives away free offset, free savings account, CC with no annual fees and unlimited number of loan accounts (in my case it has PPOR loan, Equity loan, Resi...
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    Back yard - common property

    Hi all, Just need to know if anyone else had similar situation in any of their investment journey.... i recently bought the unit and in my first meeting with body corp, i was told that backyard of my unit is part of common property, so they have arranged quote from conveyancer for me to...
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