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Reply: 1.1.1.1.1 From: Greg Loucos Robert Thanks for that I will check with the fund. Regards Greg

Reply: 1.1.1 From: Greg Loucos Thanks Robert and Richard I do have insurance included with my super but what about if the level of insurance is less than the amount you are in debt. I was wondering which form of insurance would be best and if any had any taxation advantages. Regards Greg

From: Greg Loucos Hello all Having recently purchased our first IP I now have some general questions on risk management. (Probably should have addressed these before buying.) What type of personal insurances do people generally prefer to use to protect their investment, eg term life, income...

Reply: 1.1.1.1.1.1.1.1.1.1 From: Greg Loucos Rolf Thanks again. Will try and sort out a direction to follow with the wife and review my current loan contracts to see if refinancing for the long term will encounter any early pay out penalties, in the long term they may be worth paying to get...

Reply: 1.1.1.1.1.1.1.1 From: Greg Loucos Rolf The PPOR will be our home for the long term, we also have 1 IP purchased this June. Regards Greg

Reply: 1.1.1.1.1.1 From: Greg Loucos Rolf Once again thank you for the advice. My aim is to reduce our loan on the PPOR as quickly as possible and still leave us flexibility in moving ahead with IP purchases. A LOC seemed to meet the criteria for doing this but as you have mentioned other...

Reply: 1.1.1.1 From: Greg Loucos Rolf Thanks for the reply. How do you go about conducting the comparison, do you have a spreadsheet where you can input the details of two products and then determine if one is better than the other? What is the best way of trying to compare products so as...

Reply: 1.1 From: Greg Loucos Thanks Ethan, this is what I was after. Regards Greg

From: Greg Loucos Does anyone on the forum have or know of a calculator to calculate the impact of using a Line of Credit in reducing a loan. Regards Greg

Reply: 2.1.1.1 From: Greg Loucos Stephen I have also used BMT in Sydney and the schedule generated was very professional. As of July 2002 the rate I was charged for the schedule was $660 inclusive of GST. Hope this helps. Regards Greg

Reply: 1.1.1 From: Greg Loucos Thanks Duncan and Dale have found the post, I wasn't relying on a one off return so am not fussed just was wondering how it all works this being our first IP. Regards Greg

From: Greg Loucos We are in the process of settling on a townhouse and before renting it out would like to do some repair work to make it more appealing to tenants. My question is if the floor coverings are damaged and we replace them can they be claimed as a deduction or do they become part...

From: Greg Loucos Hello all My wife and I have just had a discussion with an accountant who is planning an IP development interstate and have come out of the meeting feeling a little puzzled as to whether the deal is to good to be true. On offer are new boutique units within a 2km radius of...

Reply: 3.1.1 From: Greg Loucos Thanks to all for the responses. Jeremy thanks for the offer. Diane 30% variation raises hairs on the back of my neck, are your sources reliable? John thanks but knew management fees were high was looking at a safe first IP if there is such a beast! Geoff...

From: Greg Loucos While investigating DHA properties I have come up with an issue which the forum may be able to clarify. The rents set out on the DHA properties documents appear to be much higher than the rents available from non DHA sources. I have checked with various Real Estate Agents...

Reply: 3.1.1.1.1.2.2.1.1.1 From: Greg Loucos Joo Joo Listed on the DHA web site are their current criteria for housing, some features are mandatory while others are optional. Follow the links for leasing. I would think that the more optional items included in the property would be looked...

Reply: 3.1.1.1.1.2.2.1.1 From: Greg Loucos Amber Thanks for the tip on the change in standards for housing. Regards Greg

Reply: 2.1.2.1.2 From: Greg Loucos Ladies and Gentlemen Thank you all for your comments, be assured all are taken on board. Being new to IP I am conservative in my actions and have checked some of their listed properties against median prices and the highest prices in the area and have...

Reply: 1.1 From: Greg Loucos Jacque Thanks for the reply, as you might tell we are new to IP and am venturing on the conservative side for the first leap. Will be in for the long ride once we leap, and will be happy to be negatively geared for a while. Are there any things of notice we...

From: Greg Loucos Has anyone brought IP from the Defence Housing Authority? The property management fees are anywhere from 12% to 16.55%, these are high but as they factor in the cost of repairs on the property and restoration of paint and carpets are they reasonable as the fees are tax...