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I will be retiring end 2007. I will be receiving a pension from a Public Service fund. I also have investment properties. The advisers I have seen tend to shy away when I mention IP's! Does anyone know of a good IP savvy adviser in Adelaide?

Hi all. Just want peoples opinion on InvestorsDirect and their "Cashflow Mortgages". I realise that the concept eats into any future capital growth but in a time of rising prices is this a worthwhile strategy? I am a little concerned that they claim "you can claim the tax benefit from the...

Two of my fixed IO loans are due for renewal. I want to extend the Fixed Rate IO period to more than the original contracted (5 years) but the bank insists on re valuation of the properties! Is this a normal bank practice and if so what is the logic? Regards, Fester

A newsletter I came across from Wise Investment (actually their operation seemed fairly similar to The Investors Club). I must admit I have no positive geared properties, but I have negative geared positive cashflow properties. Now, am example in this newsletter under heading "cashflow versus...

More from the tax commissioner: http://news.ninemsn.com.au/article.aspx?id=8964

I received in the mail a letter and flyer from ASTORB, Australian Strata Title Owners Reference Bureau. I did a search here but only found one reference, and that was a similar query to mine and he received no replies. They are Queensland based and provide services to owners of QLD investment...

http://news.ninemsn.com.au/article.aspx?id=4895

Hi all. One of my properties here in Adelaide, the PM constantly phones me with small issues. As an example, the battery in the smoke alarm has gone dead or, the other day, the lounge room air conditioning vent has popped down a bit or, a door handle has come loose. Now I appreciated her phoning...

This article in the Sydney Morning Herald: http://www.smh.com.au/articles/2004/05/21/1085120120184.html Am I heartless! I read this, but I don't have a great deal of sympathy for this couple. I personally would not have gone into a similar deal. They have made some good CG from the sales...

Anyone been watching this series? I am suprised that there has not been a mention on this forum. Last week was on Brad Sugars and this week Rick Otten (on wrapping). I found then very interesting, especially following Mr Sugars and Mr Ottens "students" of their seminars and their subsequent...

Friend sent me this website: http://www.realestateinfo.com.au/ Says as seen on TV. Never heard of him here in Adelaide. Anyone know of his claim to fame?

ATO has moved the goalposts again! Checked my QS reports against their new amended list. Lots of changes. Have to go through having my QS reports amended yet again. Went through this last year after the Woodward case. My guess is that depreciation is costing the Government in lost revenue with...

I have been told that if a property is sold and the profit rolled into an allocated pension that capital gains tax is nil or reduced. Is this correct? Regards, Fester :)

I know on loan applications for Equity/LOC for the particular bank I use to pull some more for property deposits etc has a "declaration of purpose" and a warning that I should not sign unless the loan is used predominantly for business or investment purposes. Now, let's say, I want to use one of...

"Safe as houses? Coming up on Insight - A look at the scams and high pressure selling techniques that are pushing many vulnerable people into highly risky property investments. It's called loan-wrapping and the loan-wrappers say it's a good deal, but some hapless clients are out of pocket and...

Anyone watch this Sunday morning? What's your thoughts! Website: http://www.retv.com.au/ Fester

http://investor.ninemsn.com.au/investor/News/Pascoe/story_686.asp

This is the situation. One of my properties became vacant recently and the PM was unable to find a tenant in about 3 weeks. I found a tenant myself through a friend. The PM insists he can charge a letting fee. My argument with him is that I found the tenant! What are others thoughts on this...

Just eyeing a property in Wishart in Brissy. Was up there recently. Seems like all the facilities are at hand (Garden City, bus, roads etc). Any thoughts good or bad? Regards, Fester

I notice a lot of people on the forum refer to their LVR. I am curious whether in this formula they include their PPOR or just their rental properties? I mean, my LVR if I just include my investment property is 85%, if I then lob in my PPOR it reduces to 78%. Fester :cool: