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Hi All My settlement is on next Monday (today is Friday) and it is not still booked yet because my solicitor did not provide the requried forms to the bank so that they can instruct their solicitor to accept the settlement!!! I understand settlement things normally happen in the last...

Hi all I have a home loan on PPOR with 100% offset, and try to work out how much extra repayment I should make in order to pay the least interest cost over the loan term. Just confused, saying if I have $2000 available fortnightly to make the loan repayment; Option 1: make minimum...

Hi all I have a 1 br unit to rent out near Brisbane City areas. I am considering to manage the IP by myself because I have only one IP and it is also part of a hotel building. Where do I start? I guess I need te get a rent valuation first. Does a PM or agent do it? Is there any...

Hi All I am looking to change upstrair carpet in my townhouse. Did some research and read many horrible stories :eek: Any recommendation on particular retailer and tradeaman, or advice on how I can approach? I am in Brisbane. TIA

Hi Guys Is it standard that a loan contract says; 'Under this agreement, amount and type of fees and charges and when they are payable (including by imposing new fees and charges or changing the method of calculation of a fee or charge) may be changed without your consent' If I am bound...

Hi all I read that if you move out to a new home and rent out your previous main residence, it will reset CGT cost base (and acquistion date re 50% discount) at the first date when it became a rental. So (excuse me if I am asking a silly question) in terms of calculating CGT for a future...

Hi All I asked a question about financing my home the other day and now I have another one. My bf has a home loan which is for our PPOR (title under my bf), and I just signed a new contract (soley under my name). We will move into the new home and rent out my bf property. Unfortunately...

I know the title sounds odd. My bf has a property where we have been living for 7 years. I recently signed a contract to buy my first home, which my bf will move in together and we will rent out the old home. Since I need to borrow only about 40% of the purchase price, we are considering...

Hi All Can anyone please recommend or share positive experience with a good buyer agent in Brisbane? Another question - Do you think you can normally get bargain in mortagee in possession sales? Thanks

Hi All I am shopping around for my first IP. My budget is between 300k-350k and looking for a 2br townhouse within 10km from CBD. At the moment, I am focusing on +ve cashflow rather than high CG. I also found a few 3br townhouses in Wynnum around $300k. Any opinion on the surburb? I am...

Hi All I understand there is no perfect timing to get into the property market but just wondering whether the current low end market is still overpriced by FHBG. Do you guys think FHBG is still inflating the market prices or the impact has almost gone now? I am still waiting until...

I have read ‘more wealth from residential properties’ recommending a fixed rate for 5 years for IP loans. I understand there is no rule in property investment but just wondering what your thoughts are about fixed vs. variable rate, especially now variable rate is so lower than fixed (I think...

I am really confused when it comes to how to achieve positive cash flow in IP even with this low interest rate. For example if you buy a property of $300k with 7% interest rate (current 5yr fixed rate), rental expense being 25% of rental income, in order to cover interest payment of 21k...

Hi guys. I am planning to buy my first IP next year and trying to do rough budget. I am thinking to buy a 3 bedroom townhouse, around $300-330k, within 13-15km from CBD (Brisbane), which can generate rent of $330k per week. How much % of rent I would need to budget for property...