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    Brokers that refund trail commission

    Yes but surely the .15% trail is loaded onto the interest rate. At the end of the day the borrower pays not the banks.
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    Brokers that refund trail commission

    I am not saying I wouldn't pay anything and the analogy of asking an employee to repay salary is not accurate .. I am just saying I would rather pay an upfront (whether the loan settles of not) and no ongoing trail. Anyway, what are borrowers getting for the trail ' mortgage advice for the life...
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    Brokers that refund trail commission

    I am not saying I wouldn't pay anything and the analogy of asking an employee to repay salary is not accurate .. I am just saying I would rather pay an upfront (whether the loan settles of not) and no ongoing trail. Anyway, what are borrowers getting for the trail ' mortgage advice for the life...
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    Brokers that refund trail commission

    No, why i am saying is pay the equivlant of the three years ongoing trail as an upfront brokerage payment in exchange for .15 % (brokers ongoing commission) deducted from the interest rate. If that makes sense
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    Brokers that refund trail commission

    no it is paid upfront ($23.45*12*10)= $2814 paid upfront
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    Brokers that refund trail commission

    I've had a home loan for more than ten years .. no probs. Anyway my purpose is to rob mb from money , i know they have to make a living . (If I could do that to banks I would but not mb.) Anyway, What is wrong with paying a 3 yrs ongoing brokerage upfront with nil ongoing. seems like a win win...
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    Brokers that refund trail commission

    I see what you are saying about opportunity cost. If instead of paying an upfront of $3K to a mb or bank I invested $3K. Assuming a 8% return or a 5% real return (removing 3% for inflation so a gross return of 5% pa) I would have the equivilant of $4886 in ten years time; a real return of...
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    Brokers that refund trail commission

    But it wouldn't be a bad deal if the loan is held for say ten years .. on a loan of $500K assuming 0.15% tail it would cost $7500. I'd be happy to pay $3k for that. I'd be even happier to find a broker who charges based on time taken to set up a loan rather than the size of the loan.
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    Brokers that refund trail commission

    Still , 0.15% adds up . on a $500K loan that is $750 per annum or $2250 after just three years.
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    Brokers that refund trail commission

    Hi, has anyone had experience refinancing with Brokers that refund trail commissions on home loans. Is it worthwhile pursuing or are there traps to consider ?
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    landlords taking photos during inspections

    Following our inspection we made a list of maintenance matters including an unusable lock. Since we complained about the PM and her housework inspection we have not heard from them at all regarding the maintainence issues. I guess we just pissed them off. Do you know what we should do now? We...
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    landlords taking photos during inspections

    No , we are renting but own a few IPs also. We had an 8.30 am inspection but forgot about it. Our place was not ready - washing up not done etc. The agent came to door unexpectedly and just barged in to inspect. Had a complaint from a know-it-all 25 yo property agent who pissed us off and...
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    landlords taking photos during inspections

    During a routine inspection of an IP can a landlord take pictures of the tenants items in Queensland?
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    Inner City Brisbane IP worth the extra $ for Carspace?

    Brisbane CBD apartments I was looking at Brisbane CBD for yield in particular Festival Towers. I found out why the prices are lower ... http://www.brisbane-apartment.com/2013/07/festival-towers-lawsuit.html Does anyone have experience with living in Festival Towers as an owner occupier...
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    Brisbane City Council Valuations

    Hi, does anyone know if there is any free, publicly assessable information about property valuations provided by the Brisbane City Council? What I'd like to do is compare an asking price with the council valuation. Thanks
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    PPOR Exemption

    DO you have know the link to the actual QLD legislation?
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    PPOR Exemption

    Yes it has been advertised by the agent for three weeks.
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    PPOR Exemption

    We have signed a contract for a PPoR and it has just settled. We are also paying rent and have 6 months remaining on our lease. We can not find someone to take over the lease and may have to rent out our proposed PPoR for 6 months for cashflow reasons. What happens in terms of all the stamp...
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    Agents Fees/ Rental Property

    No, I am not doing my own tax just and trying to translate what the accountant is saying.
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    Agents Fees/ Rental Property

    Taxable income = assessable income - deductions income tax = (taxable income*rate)-offsets. Net income = taxable income - income tax Therefore, the $12,600 is assessable income, the 7% ($882) agent fee is a deduction and the $11,718 is the taxable income which is subsequently taxed...
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