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  1. james start

    how can i make $400 a week from $100k cash?

    bit of a long shot and may seem like a strange question, but if you had 100k in cash and needed to generate an income of 400 a week net how would you do it?, I have been looking at businesses, but 100k doesn't buy you much except more work if I can pull it off then I can retire, in fact if...
  2. james start

    Accessing equity

    I posted a thread a whole ago about my relationship with Suncorp and accessing equity out of a couple of investment properties, Today my car packed it in so I phoned the bank to see about money options, they suggested a equity loan on one of my properties The thing is this property...
  3. james start

    bathroom under a highset

    Im looking for advice on anyone that has added a bathroom under a highset...or if someone was going to attempt to do it..what would be the most economical way to do it Im going to get a plumber around next week, but I thought I would put this out there first to see if anyone has had any...
  4. james start

    Business loan

    Hi there I couldn't find the exact answer on google so I'll try my luck here I want to buy a bar/restaurant/cafe (I realise financing this is difficult but I have alot of experience) The cost is 180k and is ATM slightly profitable How do I get a loan for this? I have 2 ips...
  5. james start

    What is the best way with this

    Hi there My parents are about to enter retirement They have a ppor fully paid off and have one source of passive income but not very high The remainder is 150 in super and 250 in cash What would be the best way to create a income, I realise they would be only looking at a 400...
  6. james start

    Suncorp 95er

    Hi How difficult is it obtaining a 95+ lmi w Suncorp Obviously it depends on a lot of different things but my main concern is that I have 2 loans with them one 90% lvr and one 85% lvr, the thing is is that with one loan I am 2 payments ahead with my repayments and the other I was late...
  7. james start

    where would you go

    Hi all I need to improve my cash base and want to speed up my road to retirement. I have 2 ips but not a lot of equity in them.. both in brissie, ones needs a reno but I don't think it will add a lot of value as sales are slow atm in this area so I think the cash could be better used...
  8. james start

    what song is this?

    inspired by all the granny flat threads in "adding value" these days... i have "disguised" a popular "old" song with using words and phrases derived from the threads. points go to the smarty that figures out the original song title granny flat granny flat granny flat rock granny flat...
  9. james start

    granny flat

    any feedback on this?, i imagine its cheap for a reason:eek::eek: http://www.ebay.com.au/itm/Granny-Flat-delivered-your-door-/150805469642?pt=AU_Real_Estate&hash=item231cb4d9ca
  10. james start

    using equity

    how hard is it to access 87 to 90% equity in your home instead of the usual 80?, do u pay a higher interest rate? are most banks reluctant to lend above 80? what r some of the cons involved thanks again
  11. james start

    adding value to under a highset

    hello i want to build under my highset but i dont think its high enough for council to recognaise it as a livable area ( i was gonna add a bedrom and bathroom and leave it as a single garage what are some other ideas i do with it , i need to make sure the valuer see's value in it after i...
  12. james start

    pm beenleigh/edens landing area brissie

    can anyone recommend a good property manager for edens landing, beenleigh area? regards james
  13. james start

    what would force rental returns to fall?

    in relation to established suburbs not areas where there is new development and oversupply forces rents to go down what are some other reasons?
  14. james start

    how reliable is suncorp

    hi there I applied for pre-approval and got accepted I then went on and found a house (im confident its undervalued) In between pre approval and now, my car blew up and i applied for some finance which went on my credit report, but then i withdrew my application cause i didnt like the...
  15. james start

    bedroom under a high set

    curious george here... has anyone ever converted a space under a high set into a extra bedroom or work space etc? i have just bought A high set where the garage is underneith and next to it is a space where the previous vendors have semi enclosed it into a type of "study" i have seen a...
  16. james start

    granny flat finance

    Hi there some questions about finance for a granny flat. does it fall under a construction loan? what sort of deposit would the banks expect, 20%? Are constuction loans difficult to obtain? would i need to put my iP house up as security ( I only have a lvr of 85%) on it average...
  17. james start

    mortgagee in possesion

    hi there Im just starting out and im about to view my first mortgagee in possesion property. The ad says its going to auction in a month but welcomes offers if the terms are right. This property sold in 2007 for 339k. other similiar sized houses on the street are going for $320- 360 ish...
  18. james start

    working out holding costs

    i have a calculator that im using for my first ip, it has all the usual income and expenses, but after this, it deducts depreciation and a marginal tax rate, hence changing my negative result to a positive result Im trying to forecast my holding costs as acuratly as possible for a possible...
  19. james start

    rental yield and house value

    Hello there Im somewhat new to investing and i have found a good deal and would like to clarify something with someone with experience, as i cant find anything on the net I have found a house for $250k i think i could get it for $220. without going into 2 much detail, this house hasnt...
  20. james start

    ballina

    Hi there anyone got a IP in ballina or any thoughts on it? i live in yamba and am looking for something semi local that might perform a bit better than my neighbourhood I have tried to search for related threads buy cant find much recent thanks in advance
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