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What happens if the RBA drops the rate 25 points and the loan is variable, do the banks have to follow this?

Who can someone recommend for an IP rented under a fixed term. Do i just go with SGIO? or any other recommendations.

Get me a job @D.T. :p but seriously anyone Hard worker, head screwed on ;) Anyone in Occ Health and Safety, Trades Assistant or im starting Building Design if anyone is keen to help a new good SSer out? Z6

Scenario 1: Sell original bought property price (535k) for 700k = 165k profit + Interest in the kitty. Scenario 2: Buy price (535k). Build 2 places 680k~ = 1215k. End value 1300k as you mentioned = 85k Youd be losing ~50% profit

Where do you find out this information?

Yeh i understand the balance is key. Whilst at uni ive gone to europe for 5 weeks, melb several times, bali and lombok several times, thailand and also the gold coast all for a week or more. I also play golf regularly a game i now love. But agree balance and 'living' whilst young is key

BMT have quoted me $770 for a 471 sqm block, 80 odd sqm living area. They have also said 'If they cant at least double the fee in deductions (1540) then they will not charge for their services' Is this a reasonable price considering people are getting 715 for id say much larger places ect...

On Thursday the 29th i settle. With hard work during university not only studying but earning enough and being disciplined enough to save whilst also being smart with my money i was able to save up enough for a deposit. Then i came across this forum and started my search for property. I wasn't...

What if im managing the property myself? Still the tenants responsibility. Im happy to help though. Suggested calling Synergy, Atlantis and Water Corp and changing there name onto the details for the length of the tenancy.

Who does my tenant contact and how do they get the utilities of the property changed to there name and it comes out of there account. I assume Synergy for electricty Water Coorperation for water Gas ect ??? Do i contact them or does my tenant? Help is appreciated. Perth, Midland...

How expensive is it to seal a standard size benchtop (marble) then? Pinkboy Z6

Yeh interesting design. Doesnt look right to the eye though. Maybe better off not having that glass door there at all, just seems strange laying in that bath with that door there? Maybe couldve gone without potentially.

Looks awesome, have given you a like on facebook. Will be keen to keep an eye on upcoming and previous projects and grab a few ideas and turn those ideas into something else. Am starting Building Design course in a week and cant wait. This inspires me more. Thanks Z6

MRA? Thanks z6

It sort of did but i worked out with my low casual current income that i needed a house where i could get rent from to service the loan.

I was looking at a development site in Parmelia. Could build 2 on the land. However trying to email the REA was very difficult .

CF+ and good capital growth isnt that what we are all after. Hard to get both together.

thatbum, Where do you look to see which areas/suburbs have had good runs in certain years ect? Just on REA? Would like to know your best resources?

Thankyou Michael. Gives great hope. Logan seems ti have treated you so well. The rental returns are ridiculous compared to say Perth. Just a question how do you work out what an area has done for the last 5 years? What resources do you use? So how did ypur IP1 - IP5 go have they been as...

150 positive on IO loan?