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    Next 6 months - How to Invest

    Will be great if they do something like that. It's really only depreciation and mortgage insurance that's put me in the red.
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    Next 6 months - How to Invest

    But haven't you heard? The Oostralayaaa property bubble is going to pop because they gonna cancel negative gearing :rolleyes:
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    Next 6 months - How to Invest

    PPOR? Where about?
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    Take the money and RUN!!!

    Good post Redom. Friday I found out that Macquarie is now increasing rates for investors that are fixing or taking IO.
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    Next 6 months - How to Invest

    Other income streams sound good. I'm looking at some possible side business ideas, not immediately profitable but I'm hoping to learn enough to eventually replace my day job.
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    Next 6 months - How to Invest

    Sounds good mate, I am thinking of starting a similar 10year share accumulation for diversification reasons. When property stops growing, can still get some growth from shares. Evens things out over time. Will try and get a bit of equity out to invest, if my serviceability passes!
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    Changes / tightening on servicing for investors

    If you buy, ensure offer is subject to finance
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    Next 6 months - How to Invest

    We've been thinking about this lately, as it is an interesting time with conflicting information out there and a lot of warnings about the property market or the economy. I'm curious what others are thinking - property, shares, or cash & pay down debt. We are building a cash buffer and access...
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    Changes / tightening on servicing for investors

    Not necessarily, in fact for myself the strategy we use strictly forbids it. Some people like regionals, but it's not most of us. Lomas and other Gurus were big on the regional investing, and some even recommended mining towns :confused:. But you can find high yield in capital cities as well so...
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    Data on borrowings - any sources

    Hi Cliff, APRA provides some, but I haven't seen any broken down by city. There are lots of other breakdowns by type of loan, and by LVR bands though. This is the last report: http://www.apra.gov.au/adi/Publications/Documents/1502-QAPES-December-2014.pdf Good luck
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    Potential negative gearing changes

    APRA have already started removing negative gearing by stealth. The pressure on the banks has caused them to cut all the policies that allowed multi-property investors to pass serviceability checks. Now that investors can't pass serviceability checks whilst negatively geared, we need to wait...
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    Will capital city differentials remain roughy the same for the foreseeable future?

    Where in Melbourne? Are you excluding the glut of OTP bulidings under construction? I'd love to buy something in Melbourne as I have no land tax commitment in VIC yet, but I just can't see the value at the moment..
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    Changes / tightening on servicing for investors

    Most of us don't go over 90%. The % price of LMI jumps far too much and also the credit scrutiny increases. > 95% is more like first timers doing that to get their first step on the ladder.
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    Best places to buy in Brisbane or Melbourne?

    We have followed almost the exact same process Rixter mentioned except that we did Saturdays for a 3 month period. From Sydney we would plan all our inspections during the week before, then fly up Sat morning, and fly back that night. Very cheap no accommodation needed. QLD Real estate agents...
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    Sydney is turning into a ghetto as poor are trapped by fewer jobs and rising housing

    This is certainly the situation where I live, yield would be about 3.5% The strata is > $2000 quarter. We love having the landlord pay the strata for us :)
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    Sydney is turning into a ghetto as poor are trapped by fewer jobs and rising housing

    Nothing wrong with renting.. We love renting and our commute to work is only 5 minutes. When I change jobs or get sick of the area we can easily give notice and move again for minimal cost. There are lots of investor disadvantages to living in your own property, including lost tax...
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    What sort of impact will all this tightening of serviceability have on the market?

    The pricing is based on the product eg fixed investment loan. IO is just an option, doesn't usually change the rate.
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    What sort of impact will all this tightening of serviceability have on the market?

    They have the same interest rates, always have for me..
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    What sort of impact will all this tightening of serviceability have on the market?

    Too bad for all those people who want to keep the money in the offset instead of paying contracted principal, or those who plan to turn their PPOR into an IP one day.. Changes to LVR and Serviceability make sense, but why mess with IO when it doesn't affect risk in a positive way. To limit...
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    fix loan rate 5 years?

    The break fees are enormous. I fixed my PPOR for 5 years the last time rates were at the bottom. I saved alot over the first few years when rates went up but that was mostly due to being lucky. In the end, separation and needing to settle my ex meant there was a $30k break fee to pay...
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