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  1. dantheman

    Favourite TV News

    Hey Guys, I've never really watched the TV news, I've been more of an internet person. But I've got a recorder now so I'm going to give it a try and watch it with my dinner :cool: Which free to air news channel do you think has the best property related news and has the most integrity...
  2. dantheman

    Trusts

    Hi Folks, I've always had my properties in my name but I'm considering making the switch to using a trust in future for asset protection. Is Dale's book on trusts still valid? Or is there a more up to date publication I should read? Any recommendations would be great. Ideally I'd like...
  3. dantheman

    Moving finance to one lender

    Hi All, My current setup is this: LenderA: one loan over propertyA used for propertyA LenderB: loan over propertyB used for propertyB line of credit over propertyB used for propertyA. I am thinking of moving all the loans to LenderA in order to improve the interest rate and reduce fees...
  4. dantheman

    Cheap ACT Property Manager

    Hi All, Now that interest rates are rising and net return is falling, I'm looking at reducing my costs. I'm currently paying 11% (inc gst) for property management in Belconnen. However I pay only 6% in Sydney and have had no problems with the quality of management from that agency...
  5. dantheman

    Getting Started in Renovation

    Hi All, I've been a Jan Somers follower, aka buy-and-hold investor so far in my short investing career. Having just started reading the new McKnight book and now having a partner who I can trust to support my goals, I am now interested in renovating. One problem though, I have absolutely...
  6. dantheman

    Regional or City now?

    Hi, I am trying to decide whether to buy either two properties in regional/coast NSW, or just one property in Sydney (they are so much more expensive). At this stage of the cycle, wouldn't it be better to buy in Sydney because that's where the next boom usually starts and then fans out to the...
  7. dantheman

    Purchasing block of IPs

    Hi, I'm looking into buying a block of 3 townhouses. I'm a novice investor having only 2 other IPs, so I'd love some help on the implications that i need to consider. Property: 3 2-beddy townhouses, each with ensuite+bathroom+garage. Area: Regional town (NSW coast), and is near the town...
  8. dantheman

    Quantity Surveyor in Sydney

    Hi All, Can anyone recommend a quantity surveyor in Sydney, Inner West? It's for a new apartment, I was hoping that a surveyor could find more/extra value to depreciate over and above the standard report provided on purchase. Thanks Dan
  9. dantheman

    $700,000 single garage anyone?

    This article puts a new meaning to the idea of scarcity: http://www.sky.com/skynews/article/0,,30000-13459628,00.html
  10. dantheman

    Developer refusing access to valuer

    Hi All, Wondering if those with experience in settlements in the apartment arena could help me. I am trying to finalise finance for an off the plan apartment, however the bank of course needs to go and value the apartment. The developer's r/e agent has told the bank's valuer they are...
  11. dantheman

    recommended agent or not

    Hi All, I'm after some opinions on my situation. I am settling an apartment off the plan in Erskineville and looking for a managing agent. The developer has provided a "recommended agent". They state that this recommended agent is beneficial because will have access to the site before...
  12. dantheman

    The Death of Ex-pat LMI

    Hi All, I recently applied for a 95% home loan with LMI - with the only current insurer that will insure ex-pats. The lender sent my application away fully expecting approval and received a decline. They will no longer insure mortgages of expats and therefore no insurer will insure expats...
  13. dantheman

    Buy PPOR and borrow against or straight into IP's

    Hi All, I've been reading this forum for some time but haven't seen a discussion on this topic. I've been pondering what the optimum solution for this situation is: Someone has the following: 2 fully leveraged IP's.. $800k in shares after CGT is paid. If they are ready to sell the...
  14. dantheman

    Market Timing vs Buy and Hold

    Hi All, I'm interested in how many people actually try to time the market compared to those who hold. If you sell because you found the purchase was a mistake, or for other reasons such as losing job etc that doesn't count. I am a beginner but I would like to think I am in the category...
  15. dantheman

    Mortgage Insurance

    Hi All, Current valuation $290k Fixed $125k LOC: $70k If I have already paid Mortgage Insurance on my current loan (and originally borrewed 95%), does that entitle me to get another line of credit (bringing total owing up to 95%) on this property since the revaluation? I want to get...
  16. dantheman

    OTP Completions impact on local rents

    Hi All, Seeing as I'm young an unexperienced, I was wondering if anyone would like to share their experiences with off the plan apartment completions (that they had subscribed to). This one coming up in December has about 100-150 apartments. Mine is a 1 bedroom, balcony, shared parking...
  17. dantheman

    Newtown/Erskineville agent

    Hi All, I've got an off the plan 1 beddy in Erskineville completing in December and needing an agent in that area to manage the property's rental. Can anyone recommend any letting agents they have used from there? I need to deal with it all remotely as I am overseas so I have even more...
  18. dantheman

    austcorp debentures

    Hi All, This is my resting period for property investment and I was looking for somewhere to put money in the meantime (besides paying off mortgages). I've been looking at the austcorp debentures, has anyone else been looking at these and what are your opinions? They have a high interest...
  19. dantheman

    UK Property Investing

    Can anyone recommend or comment on their experiences with the UK market? Can anyone recommend any UK property investment books? I need to read some books to get up to speed on how things work compared to Australia. The formula would still be the same but I imagine tax and laws are...
  20. dantheman

    Deferring tax deductions

    Hi All, I know that if you go overseas or stop working/earning for a period of time you can defer all your negative gearing deductions until you start working again. 1. Can you choose when you want to start claiming again (ie when you earn a higher income which could be even later) 2. I...
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