Search results

  1. A

    Block of Units - 1 loan, or 4?

    Hi all, If you were to purchase a block of units, which are on one title, would it be more beneficial to have 1 loan for all properties, or separate loans for each property? My preference is to have a separate loan for each property as they are indiviaul properties after all. The tenancies...
  2. A

    Looking to buy....what do you think?

    G'day all, Looking to buy a unit from a friend in Mildura. Unit is a 2br, in a complex of 4, single story, fairly close to everything. Looks in fairly decent condition, don't need to spend money on anything. I'm getting a discount, as its from a friend and has not advertised it yet. He's after...
  3. A

    Body Corp Company required for small group

    G'day all, I am the Treasurer for a group of 7 houses in Brisbane that would like to organise a Body Corp company to set up the books. We have just sacked the previous organisation for poor accounts and reporting. If anyone can recommend such a company, please let me know so I can get in...
  4. A

    Hopefully, a simple tax question.

    G'day all, I dabbled in some managed funds over the years, and since I have sold all of them I have a bank account with a negative balance left over. I also have several investment properties, each with the own loan account, as well as a "buffer" account which I transfer money in/out of...
  5. A

    Flaking ceiling - what to do?

    G'day all, I have a unit which the gyprock ceiling is quite flakey. It was painted a long time ago, and I have applied a temporary fix simply by painting straight over it, which did work quite well but it looks a little rippled in places. When the current tenant moves out I would like to...
  6. A

    Adelaide Meeting

    G'day all, I'm not seeing any activity in Adelaide - are there any people who meet regularly, or even occasionally in Adelaide at all ??? Andrew.
  7. A

    Serviceability short

    G'day all, I'm trying to refinance and unfortunately I'm coming up short in the serviceability department by about $500/month. I have heard (somewhere) there is a strategy used by investors where you give an amount to the government, and they give you the money back in installments and...
  8. A

    Simple Subdivision Quote

    Hi all, The project I am looking to undertake is as follows, and would love some feedback from those who have done the same or similar jobs. We have an existing block of land with an old house in Adelaide. The block measures 16.38m x 45.34m = 742.8sqm, and is in the Port Adelaide/Enfield...
  9. A

    Property Meetings in Newcastle area?

    G'day folks, I know there are a few investors who live in/around the Newcastle area, but are there any get-togethers for us people??? I've recently moved from Adelaide to Medowie (newcastle) and am keen to meet up with people. THanks, Andrew.
  10. A

    Property Manager required for Logan QLD area

    Hi all, Can anyone recommend a property manager that services the areas of Woodridge and Logan? My current one is causing issues and I don't wish to give any more business to them. I have three properties to change. I was hoping someone in this forum could give a recommendation from a more...
  11. A

    Does this strategy work?

    G'day guys, Can I refer you all to Aug-06 API magazine, page 52 under the "Plan of Attack" section. He mentions that he has taken his strategy to many "experts" and they cannot pick fault with it. Can anyone on here? I cannot see how he can get ahead, not without paying down...
  12. A

    City Median Statistics

    Hi all, I have seen various charts in the past, even current website, that have graphs for median values of property in various aspects. I am after some specific statistics and was wondering if anyone has these, or has seen the following: What I am after, is the actual numerical statistics...
  13. A

    Income Generating Funds

    Hi all, I have seen the term "put your money into income generating funds" used quite frequently here as of late, presumably as some people are a little unsure as to what to do next in the real estate world during the quiet times. My question is to those who do put money into these "income...
  14. A

    Transferring PPOR Equity?

    Hi all, How would I go about moving PPOR and keeping it legal tax wise? We own our PPOR outright but may need to look to purchasing a new PPOR and renting our old house out. Our house is worth about $250K, and I have savings of $90K. See normally what I would want to do, is buy a new...
  15. A

    House Insurance in QLD

    G'day folks, Can I have a bit of an idea on what insurance company people use both for "Building" and also for "Landlord"? I'm in the process of renewing several Building insurance policies so was curious as to people's choices ..... I'm currently with AAMI but I think their premiums are...
  16. A

    Rick Otton

    G'day guys, A friend of mine has just leant me a "wrap pack" from Rick Otton. I just wanted to know if this guy is all above board. It cost my friend $2500.00 for the material and audio CDs etc. I was under the impression "wraps" were not looked upon in a favourable way by investors who...
  17. A

    LOC servicing several properties

    G'day guys, I have a LOC which initially funds the 20% for any property purchases. The other 80% is a separate loan secured against the relevant property, and therefore I borrow 100% inclusive of all fees etc, which come out of the LOC. I now have 7 IPs. All the rent gets paid into the...
  18. A

    Residential Subdivision in Adelaide

    Hi guys, I have adopted a buy & hold strategy now since my first IP purchase in 2001. This now equates to 7 IP properties, however I have to say I'm feeling a little "left out and in a rut" by just owning rental properties and doing nothing else. Just over 12 months ago I purchased a...
  19. A

    Providing a good start for a new child

    Hi guys, Well, after 9 long years of trying, my wife is finally pregnant!!! YAY! The purpose of this post is to ask all those experienced investing parents out there a question relating to their kids futures. I would like to establish some sort of savings plan for the baby. I was initially...
  20. A

    Query on personal savings

    Hi all, Not really sure what area to post this in, so I thought I would try this one. I am in the situation where my wife and I have managed to save an amount of 85k which we currently have invested with Westpac in a 5.45% return "Maxi-Direct" account. I can access these funds immediately...
Back
Top