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Hello fellow members, I need some advice. It's been a great forum and I am almost addicted to it. Before I raise the question, I just wanted to make it clear that I would like to know what could go wrong with what I am thinking and what are the main negatives. The questions is- Is it a...

hello fellow members.. just wanted to know people's thoughts on buying OTP IP in Lyndhurst..I know the area well and it has performed well in terms of capital growth in last 4-5 yrs..I am in particular talking about this http://www.realestate.com.au/property-house-vic-lyndhurst-118537019...

Hi guys, just want some thoughts..I bought first IP in broady about 2 yrs ago and unfortunately paid bit more than I should have..Its tenanted and slightly negatively geared with no issues..Just wondering if I should just hold onto it or get rid of it and invest somewhere else.. Do you think...

Hi all, just a quick question.. Does the bank allow interest only payments on PPOR loan? Do people usually do this and leave the principal amount of repayment into offset? thanks

Hi Guys, Quick question. PPOR - 350k owing IP1 - two loans 1. 45k (equity loan from PPOR?) 2. 315k Now if I want to borrow more and calculate equity on PPOR, how does this work? If valuation comes say 480k - The equity is 480 - (350+45) = 85k Is this correct?

Hi all, I have my loan on PPOR set up as 50% LOC and 50% as standard fixed rate loan. The fixed rate loan is about to finish its term and I was just thinking of merging this to LOC and make one big LOC loan. Is this possible and what are pros and cons of doing this? I have one IP with...

Hi All, Just a quick question, is there any penalty for switching from P&I to Interest Only on a fixed rate loan? Thanks in advance

Hi guys, I have a PPOR loan and purchased IP1 last year. The IP1 is 350k and the loan is split into 315k and 45k. Now what I wanted to ask is that the 45k loan (I guess equity loan for deposit) is linked to PPOR or it belongs to IP1? My PPOR loan is increased by 45k, is this correct? So If I...

Hi All, I remember reading about Perth Mint on the forum. I just wanted to ask, where can we go when it comes to selling the gold purchased from Perth Mint? I am talking about small amounts like 20g.

Hi Guys, just like your thoughts on this. I have a car loan which has high interest rate and I have portion on my mortgage as LOC. Just wondering if its easy to increase the limit on LOC and and pay off the car and have it on LOC which has much low interest rate? Can bank do the top up on...

Hi all, Great forum and learning a lot. I have few questions (may be few dumb) in relation to SMSF and would be very grateful if can get some answers. Apologies if they have been already covered elsewhere. 1. What is the minimum amount needed in super to acquire a property through SMSF or...

hi all, my accountant says, Solicitor’s Fees – These are capital costs, and have been noted as part of the cost base to offset any future capital gain. is this correct?

Hello fellow members.. this is my first post..just dived into the world of investment property.. I have a question and hoping someone can help.. I am planning to lodge a tax variation form with ATO so that I can get tax benefits every fortnight in my pay instead of claiming all at the end...