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Does Keithj still post on this forum? Between JIT and Keithj the last fixed rate cycle was timed beautifully. http://www.somersoft.com/forums/showpost.php?p=537356&postcount=39 With variable rates predicted to drop by 1% in about 2 months!?!? ASX It's looking like now I need to know...

Damn global warming

Drewy, I imagine that the big builders will build anywhere. But be weary. We are using NBG for a house at the moment. They are extremely slow. Everything takes a VERY long time to do. Even if they completed the house in the next month I would never use them again. We are also looking...

WOW aiming to take 10%-20% revenue from WES with new hardware stores. And make about $30M pa from this. Hardly seems worth it?

Thanks for the update, really enjoy reading how it's all going. Good to see how green it all is. Sounds like export prices will be good this season, amazing how it all lines up. Just wondering, how long can you store grain for? Months or years?

I don't think NR played on anything for his amusement. In talking with him he always seemed to honestly believe what he was writing on the forum. And I think his commercial purchase(s) happened a medium/long time ago. It's like any forum/article/etc. a person should take it all in, assess...

Nothing boring here Dazz. Hopefully one of the two that responded will come through. Do you even bother with mortgage brokers when dealing at this level? Do you have a plan B (or whatever plan you are up to on this one) if none of the 11 come up with what you need?

Is the following do-able? UT buys property worth $400k (for eg.) Investor takes out loan for $400k and buys units in UT for $400k In a few years, property is CF+ against initial loan, and has doubled in price. Investors DT now buys $400k units in UT and UT pays out Investors initial...

I'd be sure to buy near a station. With one main road into the CBD, and population growing out West the WGB will only get worse.

Alex, why wouldn't you use a super fund to buy a property. If you're a PAYG, so you have to make super contributions (or your employer does if you you want to look at it that way), and you have a lump of money in super going backwards or sideways because the industry fund is in shares or...

Yes, well that's what they're telling us. Got the impression that it is a very recent increase. Timing is everything :)

Legs - AVJ +4.5k nowadays for Inverloch. Still very good compared to others.

Thanks for clearing that up Scott. I was hoping you would respond :)

Hi If I build a new house from, say, AV Jennings for $170k. Can I claim the full $170k towards the 2.5% capital works depreciation? Cheers

With the retirement mode - I thought that was a bit of a blurb to get in people who would like to buy a few properties (who are say 10 or more years off retirement). For people who own enough property in their SMSF and are in retirement mode then the warrant system is fine, as you do not need...

Michael - 100% agreed. Given C&N's history. I was surprised not to see the little "TM" symbol after the Property Proceeds Deed. C&N are too pricey for my liking. But would really like to know what is involved. For me, not being able to leverage off equity has made me pause going down the...

Has anyone heard of this? Is it another C&N thing? Sounds good - but no info on google. Article here: http://www.propertyupdate.com.au/articles/562/1/Careful-of-property-bought-in-a-SMSF-using-warrants/Page1.html

Hmmmm Aazar, DeeHwa and Deltaberry all pushing the same line, all joined at the same time. Coincidence? I hear that a lot of GenY's make a living by doing things like this. Get hired, by say a buyers agent or two, to spruke inner city property...

Of course the $420k is fully claimable. It is all going towards the new IP. You're just cross-securitising the new IP against you PPOR, hence the need to bring the PPOR loan down a bit by paying some of your offset into the loan.

Something is wrong with your scenario. How can you reduce your PPOR loan by $100k - where does the $100k come from? Are you saying the the new loan against your new IP will come to $520k? i.e. $420k towards IP and $100k towards existing PPOR loan? And it has been said many times on...