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Hi all, We've spent the last few months working with an architectural draftie on a set of drawings for a ~$150K rennovation/addition project at the rear of our home in Perth... planning approval is through, detailed drawings are ready for tender. Can anyone point me in the right direction...

Quickie: Just sold PPoR, looking for another... wondering where to park our deposit money (coupla hundred grand) so that it earns a bit of interest in the meantime? Any recommendations for savings accounts? Got as far as ANZ and Bankwest so far... May need to access at any time so not...

A brief synopsis of my situation: 2 x good incomes, wife just preggers with no.2, looking to trade up PPoR. To put ourselves in a good position to make cash offers on next PPoR we put our place on the market. Sold in 8 days (accepted offer yesterday) :rolleyes: Wife goes on maternity leave...

Have just come off a discounted rate with Bankwest after two years and their new deals dont look too crash hot... I'm after a simple variable rate loan with offset account to park savings. LVR less than 80% and no IP's (yet), $450K loan. My broker is recommending Homeside 'HomePlus' at...

I'm looking to switch my PPoR mortgage to a more competitive product, perhaps with a new lender. Current loan is $450K on $700K property. With the new lender, if i obtain an 80% LVR mortgage ($560K) and then rent my house out, can i claim the interest against the $560K amount as a tax...

Something to ponder: Couple A pick out a property they like, say $1m... Couple B buys it and rents it to Couple A. At the same time Couple B pick out a property they like of similar value ... Couple A buys it and rents it back to them. An agreement is signed such that say, in 5 years...

I cant figure out whats happening in the $1m+ market in Perth at the moment... 'golden triangle'/western suburbs dont seem to have much come onto the market, and what does come onto the market either sells in a flash or stagnates for months... there really isnt a lot to choose from, but the...

Quick Q... think I already know the answer (better to embarass myself here than with my broker! :p) Wife is on 1yr maternity leave, we're waiting patiently for her to return to her (high paying) job in November before we buy a new PPoR ($1m+) and mortgage ourselves to the eyeballs. We saw...

I'm a great believer in WA/Perth and think that its the place to be in the medium to long term, but i notice: - housing prices are already in excess of 2007 boom levels - economic recovery seems to have stumbled somewhat - stock market currently going backwards - resources projects still...

OK, not enough Perth threads on here, so let me open my situation up :) Looking for IP1, sticking with Perth until we've learnt the ropes and currently not getting anywhere fast... there doesnt seem much for sale: - $400K or thereabouts. $415K max. - modern(ish) villa/ townhouse...

Here's something I hadnt previously considered... Is it possible (as a Brit/ Aus dual citizen - been in Aus 4 years) that I could get a UK mortgage and invest in a CF+ IP over there? I see this as an attractive option since prices there dropped a lot with the GFC and also my AUD$ deposit...

PPoR current value $700K. Original mortgage was $425K but we borrowed an extra $50K to tart the place up. All of our savings are sat in an offset account so we're only currently paying interest on $330K We're in the market for our first IP, for which i've seen a broker and would like to...

Just been visited by mortgage broker to discuss finance for IP1. Read a lot about releasing the equity in PPoR and getting a LOC to fund a 20% deposit + costs. Broker says another option is to just get a budget loan for the same amount... 0.1% cheaper and no recurring fees. Is there any...

Is there anywhere on the net i can find 10/15 year growth statistic by suburb? Can only seem to find 3yr. Thanks, Sam

I'm trying to plan how/when to get finance for our first IP. Can anybody tell me if, when banks check previous 3 months income for finance approval, these have to be with the same employer? i.e. can it span the time when you changed your job? Additionally does it matter if the previous 3...

I imagine that most first-time investors buy in their own "back yard"… the (pshychological) reasons for this are understandable - low risk and high comfort, lots of caution… but an increased possibility of accepting mediocre yields or growth compared to properties in other locations with better...

To give some of the new/less-experienced investors (like me) some guidance, what would be a typical tick-list of Due Diligence that some of you more-experienced investors go through before buying an IP? Thanks Sam

I'm itching to get stuck into IP#1. We are able to release equity from our PPoR and stay within comfortable LVR levels (80%) to fund the purchase… plus we have an extra $100K cash savings that we shouldn’t have to touch. All good :) Snags: 1. Wife due to give birth in 4 weeks. Hence...

Hi all, I'm in investment limbo and would appreciate some opinions… I'm really not sure what to do for the best. Earlier this year I started reading and generally educating myself in preperation for IP#1. To cut a long-ish story short I lost my professional job and have spent a large part of...

Hi all, without paying to see a QS.... Question 1: I have a 1990 constructed 3bed, 1.5 bath standalone 2-story townhouse... trying to find a rough-as-guts realistic construction estmate to use in my depreciation calcs if i turn it into an IP? 106m2 living area, total strata'd area 221m3...