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Friend has ANZ loan - property in company name - paid about $80,000 off a $300,000 loan. He's been told he can only redraw to 80% which he was hoping to pull out equity of about $50,000, but can only do about $12,000 so not enough to use as deposit to buy another IP - do any of the brokers...

Just received a brochure from Mater Prize Homes where the prize is for 2 properties - 1) a 345m2, 4x2x2 house with pool on the water (canal-front) and 2) a tiny 55m2 1 bedroom in Chippendale, Sydney. By my calculations, the house is worth about $884,000 and the unit is worth $780,000...

Have a 4x2x2 (145m2 inside) house and was looking at painting the inside of the house myself - you see it on the home shows, looks so easy, and I know it won't be that easy, but I'm looking at the cost savings too. Note: I am not very handy. So, is this worth doing yourself or best to employ...

Got a new PM a couple of months ago (28 y.o) who manages my 3 IPs (units) and been calling me "Rich" and "You're Rich". I have a house as well, so 4 properties in total. Now I don't own them the properties outright and have loans against each one. I work in an office with 20-something girls...

I bought a new car and claimed the GST component when I bought the car. Now I'm selling the car (6 years old) - do I have to pay the GST back when I sell privately? If I trade the car in and the trade-in price is GST included, do I have to pay the GST back?

I heard a developer getting this interest rate directly from NAB

Anyone heard of them and comments?

Anyone in an industry super fund? How has it performed for you over the past 5 years or so? Worthwhile or not much different from a typical super fund? I'm with MLC and my super fund uses my super to pay for I think trauma insurance and income protection but I haven't really seen any great...

Just bought a house (PPOR) 6 months ago with a saltwater pool (North QLD) Pool chlorinator (Surechlor) is about 19 years ago (same age as house & pool) and almost on the way out. Pool is about 35,000 litres (8m x 3.5m) Looking at buying a new chlorinator and local Poolwerx shop who I get...

I want to see a neurologist to have a tremor in my hand checked out. When I went to the GP and got a referral, she said I would have to wait around 12 months because "my situation" was not urgent. There are only 2 neurologists in my regional area in QLD. I thought because I have private...

Hello, A friend of mine in Melbourne has had discussions with this company with doing house and land package in Kelso, Townsville. Around $400,000 - expected rent: $400 per week. Anyone had any experiences - good or bad with Optima? Anyone on the ground in Townsville that can tell me...

I spoke to a very wealthy 70-year-old individual today who's said he's had a SMSF for about 20 years and has been buying and selling within his super fund and building it up over that time - only paying 15% each time he sells the property. He's also a builder, so mostly been buying land and...

Has anyone bought a suitcase recently and can recommend a brand they're happy with? Looking for a large suitcase (approx. 80cm). Brands I'm looking at are: Flylite, Antler, American Tourister...probably pay about $180. Most of the suitcases appear to be always on sale so a $300 suitcase at 40%...

I was driving to work this morning thinking that I would have around $30,000 in an offset account and could go out and maybe buy another property in a real estate market that is on the upcycle, then I looked at the car in front of me and I thought... If I drive really close to the car in...

From reading about other investors buying a CF+ properties, most of the time I see they're located in pretty crap locations, ie: population numbers are low, they're located out in woop woop, or in some undesirable suburb that you wouldn't get your dog to live these...basically, the way I see it...

Listened to Nathan Birch on Sunrise video and Nathan said he'd purchased in Sydney areas like Port Macquarie and Kochie said that's hardly in Sydney, making me think Kochie thought Sydney metro areas, so being that I live in QLD and rarely been to Sydney (yes, I'm from the dinosaur era), what...

A stiff reminder of life... http://markmanson.net/10-life-lessons-excel-30s

For typical buy, reno, revalue, release equity, hold strategy 2 Brm Unit. Under $150,000. Original 88-90% LVR at purchase New Equity release to be redrawn back to original LVR For the Finance Brokers, any lenders will be do revalue after 1-2 months? I know usually its not less than 3...

With all the talk recently of investors setting up SMSF to buy property, made me wonder whether it's worth using my small amount of super to buy something or is it just for people with like $200,000 in super?? Started a new job 1 year ago and employer is contributing about $10,000 to super...

I love how spruikers, magazines or some investors love to EXAGGERATE the truth in order to big note themselves. I know magazines are there to embellish the truth with sensationalist headlines so that people pick them up and buy them, but so many times it's so untrue after you read the articles...