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  1. J

    Financial advisers - in Melbourne

    From: John B Every time I speak to a financial adviser (and I have spoken to mnay) they want to sell me managed funds. I'm sure they make commissions out of these. The 3 IP's that I have bought is not enough diversification for them. Two questions. 1. What do you all think of managed funds...
  2. J

    Serviced apartments - again (sorry)

    From: John B I have read the posts before on serviced apartments but I'd like some more info. We inspected a very nice 2br S.A. in Melbourne CBD for $255,000 with a rental guarantee (from the Stockland group - whoever they are) of around 7% for at least 5 years or option for another 5 years...
  3. J

    Refinancing-please explain

    From: John B I keep reading about accessing (refinancing)your capital gain. Can someone explain exactly how to do that? For example if I buy a property for $200,000 (still paying an IO loan) and it is now worth $300,000. How do I refinance to get at the extra $100,000? Does my IO loan...
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