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Hi Mike, Thanks for your reply post, you are right in regards to long period between contract and physical settlement brings unforeseen risks. It is a "two edge sword" situation, my initial rationale was: 1. With little outlay, 10% deposit would give me control over an asset of $400K...

Thanks MTR, I am in Melbourne, hence MB in Perth may not help. Unless your MB has branches here.

Smsf Ip Hi everyone, Thankyou everyone for sharing the knowledge and information. I have been keeping an eye on this thread on and off for quite sometime over the last few months. We have set-up our SMSF for over a year now and haven't taken a plunge into IP with SMSF yet. We know that we...

Thanks Propertunity for the link to BV's SMSF IP purchase!

Hi all, We have been toying with the idea of a holiday rental property using SMSF capital. The rationale was two-fold, capital gain (since super is long term anyway) and life style choice (holiday rental), I spoke to my accountant; the following comments were given: 1. For borrowing...

Frankston Bandwagon Hi all, I have just jumped on the Frankston Bandwagon, bought an IP in the Karingal area, in one of those estates off Karingal Drive for $350K, very rentable prop with sizeable block of land, apparently not subdivible yet, may be in a few years time. Look forward to hear...

Thanks for all the comments Thanks to Pickle Pickle, The link to the previous thread of DavidMc's research has certainly given us food for thoughts re inner city investments.. Hi AwSydney, Thanks for the comments, why the East? I am more familiar with Melbourne East, hence interested to...

Hi all, Thank you for keeping this forum interesting, I came across this site by accident a couple of days ago, I found all the comments in this forum uplifting and motivating. I have a dilemma and I would appreciate if anyone could give me some advice or comments. I am considering to...