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Hi, I was thinking of purchasing a property in the Campbelltown area and was planning it to subdivide it and build another house, in addition to the existing house. I had some questions, and thought that Somersoft with all its knowledgeable posters might be able to help. I have been...

Hi all, I was interested in a purchasing a positively geared property, and since I am at uni now, I get youth allowance. What i'm interested to know is if the banks take into account youth allowance in calculating loan serviceability? If so, which lenders take into account youth allowance...

Hi All, This forum has been a wealth of information for a novice such as myself and reading the posts of many insightful posters has led to me do some research on tax structures. Since a lot of you are very experienced with the tax structures, it would be very helpful if you could review...

Hi All, As you all know the 5 year fixed interest rates have been flying. It's quite scary that the spread between the Variable rate that I pay at CBA (5.06%) is a whole 2.73% lower than their current 5 year fixed rate of 7.79%. I was looking around for some good 5 year rates and was...

Hi all, I posted this thread previously under the Innovative Techniques header, which I think was the wrong place to post this type of stuff. I have temporarily given up on the purchase of a 2nd IP since the banks do not like lending to a 19 year old with only a $30 K income and a personal...

Hi all, I have temporarily given up on the purchase of a 2nd IP since the banks do not like lending to a 19 year old with only a $30 K income and a personal loan. However, I brought up the topic of starting a form of an investment club with 9 other friends (they are between he ages of 22...

Hi all, My 6 months is up today and looking for IP #2. I need your help on financing tips. Basically, I purchased a property 6 months ago and have since lived in the property to qualify for FHOG. Since my 6 months is up today, I have been able to get a private tenant with rent being...

Hi guys, Basically my dad bought a block of land last year and the plan was to build two houses. We submitted a DA plan, which got rejected as the council had provisions to build a road, which the solicitor did not pick up when we were buying the place. Anyway, the council has told us...