Search results

Melbourne metro in my case means East and South East subburbs within 10km radius of CBD.

Hi Everyone I'm looking for a new PM in Melbourne metro area. Does anyone know of someone good, reputable that you would be happy recommending please? I'm happy if you send a private message if not comfortable with public statements. regards Michal

Problem with leaving it in the bank is that future value of your money if next to 0 growth Best interest on the market for cash at call (at 300k) is around 6% minus tax at 37% (6.01 / 1.37) = 4.4% (most likely bracket for most people) Inflation is 3.5% Net gain is around 0.9% So yes...

Thanks, you've just nailed it. Lots of assumptions flying around here. But in the interest of the discussion it's all good.

Yes of course, this goes without saying. Although each situation is unique and each investment move, not only delivers the next investment into the portfolio, it also progresses the broader strategy one step forward. Actually, I would love to upgrade to the newer version of my X5, but like...

Yes, definitely paying attention to the market. I have lived in Sydney for 10 years until recently and I can tell you that there are areas in Sydney that never go down. They might plateau, but never go down. Historically Melbourne has outperformed all other capital cities. Again, Melbourne has...

If you buy property wisely, income could be as high as 3 times that. Although not without liability of some mortgage. Depends how much you hac hold and maintain normal lifestyle.

Well maybe not. A slight variation on this could be 2-3 properties at 20% + cost. Then you ride the capital gain wave for 3-5 years. Might be a good way to go.

Thank you, that clarifies it.

How would that work?

Yeah, now we're talking. Lying on the beach daydreaming is boring ... ;-) regards Michal

Hi everyone A hypothetical question. If you had $300k in cash to spend on investment properties and had a free reign to do whatever you wanted, what would you do? regards Michal

I've use a MISA just recently and it works well. Other than some minor constraints it is a very flexible arrangement and there aren't any significant negative issues with it. Aparently all CBA Line of Credit secured loan accounts (read mortgages) have a MISA account attached. This is hidden...

Hi everyone I will ask my accountant for a definitive answer on this however I am interested in opinions on how tax deductible items are treated if you have a CF+ property in a Discretionary trust structure. The broad scenario would be as follows: - Property purchased for about 450k...