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Try a broker like Stratton Companies like Alphera Finance do high 5s % for car loans. Not far off home loans (ie 1% difference not huge) with less stuffing about and offer residuals which allow decent cashflow mgt.

Twin means two engines. Shaft means shaft drive. As opposed to stern drive. Or outboard. Shaft drive has a prop shaft, with the motor inboard, but further forward in the hull, as compare to a stern drive. A stern drive has the entire "leg" in the water (which causes maintenance issues)...

May be worth buying a few issues of this and reading up: http://www.tradeaboat.com.au/subscribe.aspx Lots of reviews, classifieds, etc...

Agree with Rolf. The size you have mentioned is an inbetween size - not really suited to twins, and also my suggestion if going inboard is to try to get a diesel (higher cost to buy, but a lot safer, and cheaper to run). I don't like the petrol sterndrives - lots of horror stories about things...

Thanks Dave. Very helpful. So about 5 ish % p.a. for Vic if you try and strip out "increasing house size" factor - i.e. 1.60x multiplier over last 10 years.

If I have an approx idea for what it would cost to replace a house today, any rule of thumb as to what the cost would have been to build c. 10 years ago (to esimate the 2.5% capital works depreciation applicable to a c. 10 year old property). I.e. divide by X, what would X be approx? Its Melb...

You forgot tax on the surplus cashflow. The $60k would need to be reduced accordingly before it can be used to pay down the loan.

And this is why I no longer read this forum - its become a complete joke. http://en.wikipedia.org/wiki/List_of_Australian_states_and_territories_by_gross_state_product https://www.alcoa.com/australia/en/alcoa_australia/overview.asp Firstly - Alcoa's entire 2012 GLOBAL sales do not...

Thanks Terry. How do you borrow 104%? Does this involve cross collateralising another property? If its cross collateralising with the PPOR, which I assume is the case (which the funds will be applied to reduce non-deductible debt on) is this all legitimate?

Thanks Terry. Can't see why you'd gift. In my mind the steps appear to be: - Purchasing Spouse takes a loan for 80% of the purchase price with bank (based on bank val, etc..), and get lawyer / conveyancer to transfer title in consideration of the purchase price (100%, funded by debt and...

Thanks Terry. When you say "Also make sure you do it properly or the interest would not be deductible at all - I've seen 2 forum members who stuffed things up " what do you mean by properly - and how did they stuff this up? Also, how much does a PBR cost (approx ballpark) to obtain and how...

Hi experts, 1. If (in Victoria) one is contemplating a spousal sale, should one get a PBR ahead of doing this? 2. How long does a PBR take to procure? 3. How much does it cost? 4. Can any accountant prepare it, or is it a specialised field? Cheers.

Thanks TPI. Inner city house prices are definitely moving in the area we're looking at, that's for sure!! You're right, it will have to trickle down at some point.

Dunno - would have thought it very popular for FHB / younger crowd. Oddly, got a bank val for $527k in 2011, so seems that 2007-11 was acceptable growth wise, and then absolutely nothing since then. Wonder what the next 12 - 36 months will bring.

Fingers crossed, I'm not planning on dying before 60!! When I was in my teens I couldn't imagine being 30 :) One day will wake up 60 etc...

Filling your boots with a SMSF, especially if you are a couple on higher incomes, is a great strategy. Its amazing how quickly it adds up if you're doing $25k each into growth assets (e.g. shares) - and compounding in there at the concessional tax rate. Even if they tinker with the rules -...

Hi, Upgrading PPOR currently - and looking at current holdings contemplating what to keep or sell. Anyway one thing which struck my eye was the very poor performance of an IP in St Kilda East over the 6 years of ownership. Bought 2007 -$415k Current Val - $500 - 530k ("estimate" with...

If I could give you one tip on lower value CIPs its to "understand" market rent and what this means for the economics of your tenants, not just take it at face value. I.e. many smaller business seem to "tread water" between rent and staff costs - staying open for two to three years, and then...

This is a very odd thread. China - your first problem is you let your lease lapse on a periodic tenancy - this gave the power to your landlord. Why did you not renew it? Why don't you just go and negotiate a 3 x 3 x 3, or a 5 x 5 with a new landlord? As long as you pay your rent each month...

Where can I get mid 5s with no reviews? Ammortising over how many years? My fixed term is up in Jan and am eager to bring on the savings!!