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  1. Noelc

    Investing in Shares

    Hi Guys, this has been a wonderful forum for me over the years but admit I have not been on here much of late. Anyway I,m wondering if any knows of a forum similar to this one but focusus on share investors?
  2. Noelc

    Is this tax deducible?

    My wife and I bouhgt an investment property a number of years ago. We split up 6 months ago and agreed to split all asset 50%. I,ve had the investment property independantly revauled. Here are the numbers, Mortgage owing 214K Current value of property $275K Ex wifes share is 30K after...
  3. Noelc

    Captol gains tax when property is in joint names

    Hi about three years ago our financial instition whom provided the funds for our investment property insisted that my wife name goes on the documents. In order to get the funds we agreed. My wife and I have now split and we are looking to sell the investment property. We have agreed to split the...
  4. Noelc

    Whats going on in Paralowie

    I,ve taken my eye off the property market lately. I have an IP in Paralowie SA (I live in bankrupt Sydney) which I purchased about 14 months ago. Today I noticed that there are some 92 properties for sale just in this area. (Seems a lot to me??). Is there something going on here? :eek:
  5. Noelc

    Retirment plan

    Hmm, I,m sure its not to late but I,m now thinking about retirement plans. I,m 45yrs old with a high PPOR mortgage (LVR about 85%) and I ip with (LVR of 90%) yeild 5%. Where do I start with a plan for retirment. Can anyone point me in the right direction, some examples maybe, web...
  6. Noelc

    QLD Council consolidation

    I am wondering if the QLD governments proposal to consolidate local councils will have an impact on property prices. I know of some suburbs here in Sydney where property on opposite sides of the street may have different post codes and as a consequence there perceived value can vary upto 10%...
  7. Noelc

    Depreciation schedules

    Hey guys, When purchaseing an IP do you always get a depreciation schedule done?? What if the property does not need any renos but is still 20 + years old? Is it worth getting the schedule done?
  8. Noelc

    pre-approval Vrs new job Vrs IP purchase

    Hi guys not sure if this is a good situation or not. Have made an offer today on an IP which maybe excepted but with 30 days to settle. My pre-approval expires Tuesday 22 August. I maybe starting new job 17th september LVR on IP will be 95%. based on the above I beleive I will not...
  9. Noelc

    Median house prices

    Hi Guys, I,m sure some one here can help. Rather than buy an RPdata report I,m looking for an alternative that alows me to look up the median house price for specific suburbs, hope fully for free?? Any idease??:cool: thanks
  10. Noelc

    Buyers agent in Adelaide

    Hey guys, i,m seeking your expert recommendations regarding good buyers agents based in Adelaide. I have done a post search but acheived nothing?:(
  11. Noelc

    Where are the baby boomers going to retire

    Have done a bit research on what/where the baby boomers will/may go when they retire over the next 10 or so years. I,d be interested in any comments you guys might have??
  12. Noelc

    How soon after purchase do you revalue

    Hi guys, I beleive I got a good deal when negoiateing the purchase of my PPOR about 2 months ago. I now want to look at purchaseing an IP. When I borrowed to fund the PPOR I borrowed 85% (No LMI) split in two loans I/O and P/I. I have approx 30K sitting in an offset account against...
  13. Noelc

    Suburb hot spotting report

    Hi Guys, There was a program on ACA or today tonite?? a few weeks ago about a guy whom produces reports indicateing hot spots by state by suburb. I remeber reading a pos here about shortly after wards but cant find the post. Not sure on the reports credentials but for a first timer...
  14. Noelc

    I,m ready to buy an IP but how do I work out where???

    After reading quite a lot of posts I,m now even less confidnet of where to buy my first IP? What I do know is this. Strata management is not for me (Cant be bothered with the hassals). So I guess a house it is I,m nowhere close to being a handy man and never renovated. So the house would...
  15. Noelc

    I must be dreaming

    I must be reading this wrong or there are errors?? I am considering turning my PPOR into an IP. Its valued at $395K looking to refinance to 85%. because I already bought it a few ago stamp duty etc is not payable. REA has apparised it @ $390 per week gross rent. The attached spread sheet...
  16. Noelc

    If PPOR turned into IP how is CGT charged

    I,m sure this question comes up a lot so appologies If I,m covering old ground. We are moving to a new PPOR. Unfortunately our old PPOR has not sold yet. There is an over supply of properties in this area and I doubt that It will sell soon. Yes it is priced right. Rather than have it...
  17. Noelc

    Good Gazzumping story

    A couple of weeks ago some may remember my post about being gazzumped on our dream PPOR. Well I thought I give an update on the story as I think the end result is fantastic and want to share it. Rather than provide a long chronological story here is the events as they happened. We...
  18. Noelc

    Hot spots in Sydney

    Recently I read with great interest many threads relateing to hot spots in Melbourne. I thought I start one for Sydney. I am not a season IP investor and nor do I concider myself skilled enough to debate others point of vews. I live in Sydney and will be looking to invest in an IP here...
  19. Noelc

    What would you do if you were gazzumped

    After being advised today my signed contract has been gazzumped by 20K and the vendor now has two contracts to choose from (2 different RA) when he meets his solictor Monday morning to sign, what would you do? I can match this which still leaves the mortgage <80% of the property value. The...
  20. Noelc

    Gazumpa!!!!!!!!!!

    Just when I thought we found the perpect PPOR. How does this work, Yesterday I signed the contract and paid the 0.25% securing deposit of the agreed sale price , Today I,m told a higher offer has been been submited from a different agency and because the owner had not signed our contract yet...
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