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Thanks for that - Terry I actually fell asleep while reading your book last night - its a good read but I probably shouldn't be trying to read it at midnight

Thanks for the reply Terry So the one my accountant gets is sort of a one size fits all trust whereas a trust obtained from say a lawyer such as yourself can be customed made to fit your needs and wants. However are the ones my accountant gets good enough to get the job done ? - Can I...

Hi there I wish to set up a family trusts to purchase future investment properties in . My accountant says he can get a trust deed within 24hrs and have it all set up with a corporate trustee pretty quickly However - are some trust deeds better than others or are they all the same? My...

I hope someone else might be in the same situation I currently have a block of flats in Newcastle - it is a block of 3 units The block is not strata-titled -ie on one title Unfortunately many building insurers will not insure this type of situation I am currently insured with GIO...

Thanks for link Spades. yes - very nice profit ! I could give up my day job ! not bad for a supposed flat market here in Newcastle.:) Devank - there was much talk in the past about stopping the train at either Broadmedow or Hamilton but its seems official they will stop the train line at...

Hi Neil I just remembered If you are wondering what can achieved here in the current Newcastle market Here is a example ( unfortunately not one of mine ) 27 Hewison st Tighes Hill 2297 Purchased 8/3/13 $366000 Sold 12/7/13 $ 575000 Looks like they did New Paint New kitchen New bathroom...

Hi Neil I have lived in Newcastle since 98 and have investment properties in Sydney and Newcastle. There has been a lot of job losses in the mining industry of late with several large support companies laying off personnel. I feel that this really effected towns further up the valley such...

We’ve dropped our 1 year fixed rate to 5.19%p.a, 2 and 3 year fixed rate to 4.99%p.a and 4 Year Fixed Rate to 5.39%p.a under the Wealth Package. Got this today via a email from the CBA Cheers

Many thanks for the replies It will cost me about $20000 to knock the wall out separating the small kitchen and living area ( price includes the steel supporting beam, cost to make good eg rendering and new cornice etc ) and to place a new kitchen including appliances. This price includes all...

I currently have a 2 bedroom unit which we are about to renovate in a 3 unit block - built in the late 40's . We own the entire block we will paint; new carpet and new venetian blinds . The bathroom will get a new shower screen and the main bedroom will get a built in wardrobe The...

Hi all; many thanks for the replies very helpfull Just a few more details as requested The house in question is a investment property in sydney ( about 100 yrs old; full brick construction ) which we have had it rented out for over 5yrs without us being aware of any problem - we have...

Hi all; I have just recently had my investment property in syd inspected by archicentre and it looks like I have a rising damp problem in the living room. Can anyone recommend a reputable company to fix the problem - I am told it could be exspensive to treat and there are many not so...

Thanks for the reply Les and sorry yes I did mean .7%. Cheers

Hi all I am currently getting .07% off the SVR under the MAV package with Colonial . The loans total just over $800000 I/O. I was wondering if anyone knew if I could get a better deal elsewhere. Particulary since I wish to borrow more for residential investment purposes. Cheers

Hi all Many thanks for all the replies; sorry it took so long to get back to this thread as I have been on holidays. I can see from the replies that this particular problem seems to effect alot of people however from the above posts there seems to be little I can do to change my...

Hi all I was wondering if anyone can help me? I have a investment property which has increased in value since I bought it 2 years ago . I was hoping to refinance and use the extra money to help pay down my PPOR . Thus from my understanding increasing my tax deductable debt and decreasing my...

Just wondering if anyone has subscribed to Chris Batten's Website? If so; is it any good? Cheers