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Thinking of refinancing and would like some info on expenses that are not bank costs. The property and loans are in Queensland. It is particularly government fees/costs that I would like to know, such as stamp duty - does that still apply? - and any other fees that might come as a surprise...

Trying to decide if buying within a very good suburb but in a secondary location is worth considering in preference to buying in an average suburb with a much better location, if the overall cash flow is a about the same. Property Positives - close to everything (transport, shops...

I see EBM are insurance brokers. Their rentcover policies are underwritten by QBE (I believe), so is the insurance on offer via QBE website (ie combined building and landlord insurance) really just the same as the Rentcover Platinum? Easier if someone knows the answer than for me to go...

Considering how to approach a property that is up for auction. Not interested in bidding at auction and want to put in a pre-auction offer with conditions. Situation: Auction is about 3 weeks away. House is being sold because of an unhappy divorce situation. I am thinking of making a...

Particularly interested in the pros and cons as an investment compared with a conventional house. Yield is expected to come in at 7% or better. Long term would you expect its capital growth to be similar to surrounding properties? I understand that a property like this would be more...

Possible to renegotiate price after building inspection? Have you done it? Any tips? Building inspection on a house I am buying has come back advising replacement of 1.5 - 2m retaining wall along full length of property. Additionally there are verandah rails that aren't of an approved...

If your borrowing capacity was around $400K and you wanted to buy a $500K property which of the following options would be preferable? 1. Borrow the entire amount from one lender bring the LVR on the purchase property IP to 80% or 2. Increase borrowings on an existing loan to 80% drawing...

Friend living in Christchurch is looking at purchasing possibly two properties and selling a PPOR at the same time. May need some good advice from a broker on financing. Can anyone recommend a broker that services Christchurch? - would need to be able to meet the client face to face.

For those with a LOC account secured against a PPOR, from which all property expenses (& no personal expenses) are deducted - what do you do at tax time to apportion the interest costs from that LOC to each IP? Is it necessary to do so and how do you calculate it? Would seem that as a...

Seems to me that as little as 18 months(?) ago Investors Direct was eagerly pushing 'Cashflow Mortgages' on the basis of solid capital growth of av. 10%. However, in the latest newsletter the following... '.... Australia is lagging behind the US but have a few positive things to keep us...

What would you reckon is a good gift up to $100 for an 18 year old male? He is quite interested in computers; motorcycles; flying; music; golf; amongst other things. Seems to have everything he wants tho. Was considering a portable hard drive (but maybe I am am just projecting with my own...

Seems Westac doesn't want to get behind the pack and has also significantly reduced fixed rates. Don't know if it is new or not, but there is also now the option of a 12 year fixed rate. May be peace of mind for some. Fixed Options Home Loan 26th August, 2008 1 year 8.69% pa 2 year...

Assuming a stategy of living off equity, or at least, living off the rents while increasing finance on loans to cover property costs, if rents were lower than costs then it would create a negative 'income' for the year. If the situation continued like that then would it equate to not paying any...

Seems now that the banks have divorced themselves from their long held relationship with RBA interest rates, what is to stop them raising rates again and again if they deem that their profit margins are insufficient? Negative public sentiment isn't stopping them, and the competition is falling...

Planning to have a depreciation schedule done. QS requests info on dates of renovations that had been done prior to the purchase of the property. I don't have these details but could, with some effort and with co-operation on the part of the previous owner, probably find them out. My...

Recently attended a presentation by Margaret Lomas who commented that all of her properties were with the one lender which makes drawing extra finance out of the loan easier when purchasing the next investment property. Even though the threads I read here all advise against...