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I'm with ME and inquired about fixing. If you want to keep the offset account for a loan it has to be split and 50k must be variable. If you are prepared to ditch the offset you can fix 100%. I just signed the paperwork and will mail it tomorrow. So far it's been a simple painfree process.

Yes. If I ended up owning the share I would then write covered calls on it.

No I meant puts. I don't believe I could write covered calls against any of the lics or etf I mentioned. I would look at writing out of the money puts on individual ASX 20 shares. Rather then having cash earning stuff all in my trading account my existing portfolio of Lics/etf would be the...

I've had similar concerns. I've thought about creating an income stream by dividing my capital between ARG MLT AFI WAM & SYI. Would be a grossed up yield of around 7%. If one of the LICs or etfs fell over it wouldn't be a total wipeout. I would also hold the shares in a number of different...

Thanks for all the replies. It's not something I will be jumping into overnight so I'll keep researching and thinking about it.

Thanks for your reply Edge7. You are right about the trusts themselves being leveraged. The ones I have been looking at have about 40-50% leverage. Iwould prefer no leverage at all but haven't found anything that meets that criterior.

I am looking at moving out of residential property investments into commercial property investments aiming to establish a passive income stream. I would be investing up to about a million unleveraged over the next 5 to 7 year. I feel that I wouldn't get the diversity and quality for direct...

You could try one of the devices used to remove wallpaper glue

Coastal Would you mind giving a rundown of what management costs are involved in holiday letting on the Gold Coast. Thanks

Are you able to get more rent for your beach view unit by renting it out short term as a holiday unit.

Thanks charttv and GreatPig. I was actually mistaken about it being ex div yesterday. It was actually record date so I wasn't holding MCC when it went ex div.

Firstly a big thanks to evand for this thread. I really like some of your trading ideas such as only trading after a good night on the US markets. I bought 13K MCC yesterday and now am up just under $500. Not big figures but I'm building up my trading account and will keep increasing stakes...

I last built a couple of years ago with a custom builder. He included some things that a project builder wouldn't eg extra site fees, floor coverings and light fittings. I was left with the following expenses to finish. Driveway 5k Turf included top soil and laying 2k Retaining walls 10k...

He is my favourite author. Just finished 'The Gatehouse' last week. Great book. I wasn't interested in reading Gold Coast for ages. It just didn't appeal. When I finally read it I enjoyed it. I think it is the author's favourite book that he's written. My favourites are Word of Honour, Rivers...

Is it over for 2 years, 5 years, forever?? Will Australia just return to pre commodity boom levels of prosperity or has too much debt been accumulated since. With a growing world population to feed can our agricultural sector pick up any slack if drought conditions recede?

They were never asking as high as 400k for the Collingwood Park house. They werealways asking around the 320k. Since the program was made the problems with collapsing undermining in Collingwood Park have come to light. I read in the Courier Mail that they were sueing the State Govt bevause...

I have a fixed loan on an IP with Adelaide bank. Interest rate is 7.4%. Adelaide bank is one of the few lenders that allow 100% offset account with a fixed loan. I can access a LOC thouigh a different lender that is secured by my PPOR. I only use this LOC to pay IP bills and interest that is...

Members Equity I was quoted $600 to break a fixed rate of 7.44% on 250k. Had just under 4 years to run on that rate. I accepted the quote on Tuesday just before the rate cut. Will be paying a bit more to start but am happy to now have the flexibility to sell or benefit from possible low...

I have had two lawns of Aussie Blue couch laid. I find it very durable in dry conditions. It greens up very quickly after any rain. I had them both laid by Sunshine lawn renovations. The lastest one two months ago came in just under $6 m2 laid on prepared soil. The owner operator (his name...

That sounds like a great buy. Sounds like you may have around 85k gain. I don't think Brisbane Real Estate overstate values. As far as the road works go they can only improve values. Is that link at Pinjarra Hills going ahead for sure.