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I do all the property investing stuff/finances - looking/signing/buying - I run it pass Hubby because he looks at everything from the eyes of an engineer which is very helpful. He was not interested in property investing before we met. But he is very supportive and never discourages me. He does...

I've lived in Sydney for almost all of my life. My partner and I are seriously considering moving up to Newcastle. He works in the coal/rail industry so job wont be a problem. I would like to work a little less and more time for us to do things we like. Currently, he gets stuck in traffic for an...

How do people here work out how much to fix? Never had to think about fixing before now. I currently have 100% offsets - Say if I have 5 loans and don't intend to break any of them for 3 years - should I fix say 4 and keep one still variable so I can place all extra fund into that offset?

You could get the monthly eStatements but if you want to have them exported to an excel sheet for example for accounting purposes it only goes back a few months. This is what I have found.

Westpac has been really good to me so far in term of loans. I also have loans with 2 other banks although I find them to be harder to deal with. I will try to spread around more.

Because Im not organised :P

Good idea Rixter, I will ring them tomorrow. I will threaten to take my business to CBA. I hate how I cant get transactions old than 3 months exported from Westpac online banking.

I have more than $2M of borrowings with Westpac... maybe I should ask someone else in Westpac...

I called my Westpac loan manager today and he said didnt know about the 3 year fix rate of 5.59% - he said he will go and find out.

I've heard of a Dr Doctors - dont know what his first name was.

I use Ray White, they have been fine so far but we havent had any tissues to test them - touch wood.

The vendor has had quite a bit of trouble selling these I believe, they were asking around $600k to start with. $480k is still asking too much. The banks look at it from a fire sale prospective - how much would it sell for? The buyer pool is very small indeed.

I was told that until settlement, you do not own the property so the insurance cover you've taken out is not valid. They are happy to start charging you the premium but if you need to claim something that's when they will say you are not covered.

I checked with Blacktown council website - apparently you need 900m2 minimum to subdivide and torrent title them if it's a square/rectangle block and 970m2 if the block is irregularly shaped. This is what I got from searching around. Hopefully they will relax the rules down the future when the...

I have bought 6 properties sight unseen. You have to pay to do the inspections etc. I actually find I worry less with these properties - ignorance is bliss. The ones I have gone to inspect I just worry over the smallest things which don't matter anyways.

For what is worth, I'm predicting another 0.25% cut in Dec :)

Yeah I know that company, they are selling each individual unit separately.

We just signed a contract to buy a west gladstone queenslander. This will be our second one in this area. We are quite comfortable about having two there. From an industry point of view the whole thing hasnt even started yet. We dont believe its too late either.

my PM just told me we are going to increase the rent from $380 to $440. It was a 6mth lease - pretty crazy if you ask me.

I dont believe this will affect the investors as much as we think as my understanding is that there has always been two stamp duty calculations when buying in QLD - one is for the investors and the other is for the owner occupiers. The former stamp duty amount is about twice as much as the the...