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  1. M

    Good Debt, Bad Debt and No Debt

    Hi All Question , Question we attended a great Seminar today in Sydney the presenters were Nhan Nguyen, Matt Jones, Jennie Brown and David Wright. It was a fabulous day and opened our eyes to many concepts. What i am questioning is their thought on No Debt, to tell you the truth we always...
  2. M

    Strategy - need to change ??

    HI All Just wrote the longest thread and went to post it and lost it hear I am starting it again. We started investing in the year 2010 we have 5 investments plus our PPOR . We originally had a strategy of buy and hold thinking we would but 12-14 propertys sell a few in a few years and...
  3. M

    Hunter Valley Vacancy rate high

    Hi All We have an investment in the Hunter Valley Muswellbrook we bought there in 2010 have had some great rent over the years but now there are over 180 houses to rent ours being one of those. Our major concern is that there is a developer that has a 32 stage land release and that he is only...
  4. M

    Muswellbrook

    Hi all We have had an investment for 4 years at Muswellbrook we were encouraged at the time of purchase to furnish which we did. Anyway our tenants are moving out the vacancy rates are 10% and we have been told by PM that it could take 2 weeks or 3 months to rent. We have decided to do a...
  5. M

    Data at the Back of the Property Magazines

    Hi All Wondering if anyone knows if the data at the back of the property magazines would be available as a Excel spreadsheet it would be great to access this info? Thanks in advance
  6. M

    FINANCE QUESTION Hindsight is wonderful

    Hi All The last couple of weeks we have been reviewing the way our loans are setup as they are all Xcoll all of our investments are buy and hold and they are all positive cash flow. Our current situation is that we have run out of equity. so i have beeen doing lots of research plus asking...
  7. M

    Blind inspiration

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  8. M

    Annual package fees

    Does anyone have info on the package fee that st George charges it is 395 per annum . What I would like to ask if you have say 5 loans is it paid 5 times at 395 per year Thanks
  9. M

    Equity formula

    Can I ask if you purchase investment and you do it as a standalone loan we use 30k equity that is sitting in an account for deposit house cost say 250k the 30k may help go towards deposit and LMI costs etc we use our cash to do cosmetic Reno we then get it revalued for profit Say the house...
  10. M

    Complete Renovation System Anyone

    Hi All Has anyone got a copy of the Complete Renovation System by Dean & Elise Parker Thanks Lorraine
  11. M

    LMI Question

    Hi All Can someone tell me does LMI kick in at 80% LVR or is it a different percentage for different lenders. ?? St George I believe is at 80% Thanks in advance
  12. M

    Choices .. Where Where ???

    Hi All Ok the strategy is chosen at this stage happy to buy investments that are positive cash flow of course there is the benefit that there will be growth in the long term . We have chosen this strategy due to wanting to replace income. Of course this means buying numerous houses with a few...
  13. M

    Chunk of Money or Equity

    Hi aAll Just wondering if any of you had bought any investments and either created equity through reno or made a chunk of money recently Thanks Lorraine
  14. M

    Make a chunk of Money

    Hi All We have always bought our investments as a buy and hold but was wondering if anyone is out there doing any small deals that are creating a chunk of equity quite quickly We are just looking at the possibility of doing something so we can keep moving forward Ideas appreciated Thanks
  15. M

    How to keep purchasing Investments

    Hi All We have bought 5 investments since 2010 we used equity in our PPOR it was worth about 340K up until now we have not put money into any purchases we have our money sitting in offsets against each house only. Loans are with 1 bank we are wanting to purchase another investment but the...
  16. M

    Stamp Duty

    Hi All Can we just check is stamp duty a tax deduction or not when you buy an investment??? Thanks Lorraine
  17. M

    Buying House with Daughter

    Daughter would like to buy a house closer to work in Newcastle area (Cardiff, Lambton etc etc) around 300K to 320K mark We are always up for a good investment but as she wants to live in it if we help and buy in with her we have no idea how it could be setup. Do you buy as half each , the...
  18. M

    Pay off principal or have offset account ??

    We have interest only loans with offset accounts sitting against each loan read today that it is good to pay off some principal what are your thoughts ?? I feel its the same as the money is sitting against loan anyway Thanks
  19. M

    Splitting House to make 2 dwellings Electricity help ???

    We are looking at a house in a great growth area that would be very easily made into a 1 bedroom flat downstairs and 3/1/2 upstairs but the problem is what to do with the electricity I believe the it has not been wired separately any suggestions one PM said to just estimate a weekly amount for...
  20. M

    Which One ??????

    Looking at 2 houses they are very different in the same town not sure which one to go with 1 : Brick tile older house built early 80s it is 3/1/5 would buy for 225K would rent for 285 per week no work to be done current young owner have done it all it is very nice/ modern the only thing you...
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