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  1. piNoob

    Selling with a neighbour?

    Hi, I know it's not easy to give advice without knowing all the details, but in general can you sell house for more if you can sell 2 houses next to each other with your neighbour? Both have ~560 sq/m land and are in Sydney (Padstow suburb). You can build duplex on each, so not sure if...
  2. piNoob

    Renovate vs duplex?

    Hi, Not sure if this is the right area for my question, if not please move. Just a quick question, if family wants a bigger house, which is more financially viable option (on existing single story house): 1. Sell the house, buy bigger 1. Build second story e.g renovate 2. Knock down...
  3. piNoob

    Negative Gearing in simple terms

    Hi, Can anyone please explain how NG works and how can one benefit from it in real terms? Thanks in advance.
  4. piNoob

    Apartments in Potts Point Sydney, good idea?

    Hi, What do you reckon, buying IP like this, is it good idea? http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106165146&f=10&p=10&t=res&ty=&fmt=&header=&cc=&c=71252897&s=nsw&snf=rbs&tm=1262571219 Asking price $269k, currently rented for $429 p/w. Anyone has experiences in the...
  5. piNoob

    The home loan checkers?

    Hi, not sure if this is a right area, forum layout is too complicated for me :) Did anyone heard or used this software? http://www.thehomeloanchecker.com.au/tic/main.html# They claim that if you don't find any errors in your mortgage statements they not only refund software costs but...
  6. piNoob

    LMI Refund?

    Hi, was reading investment magazine yesterday and there was some advices about mortgages. Basically is said that if you have paid LMI and now have less than 80% to pay on your mortgage, talk to your bank as you might be up for a refund. Does anyone know anything about this? In our...
  7. piNoob

    Good Accountant with IP background in Sydney?

    Hello, can anyone recommend a good accountant with a knowledge in PI in Sydney? Preferably in Hurstville area? I guess if accountant is good I can drive anywhere is Sydney, as you normally would only need 1-2 visits a year anyway? Decided with my wife that we need accountant before...
  8. piNoob

    Holiday in Gold Cost to buy IP, need help!

    Hello, ok, here we go, just yesterday me and my wife decided to go to Gold Coast during school spring holidays ( starts in 1 week ) and at the same time look for our first IP. Idea is to drive around and get to know area better, but if RE agents will offer something interesting will buy on...
  9. piNoob

    Using equity without xcoll, how?

    Hello, We are very close to do first step and buy our 1st IP, but there is one thing I simply can't understand :( If one uses equity in existing PPOR as a deposit for the IP, how can you avoid xcoll? Isn't the whole point of equity is that bank is lending you money, but has right to your...
  10. piNoob

    Residex report - no reasons why?

    Hi, I was a bit suprised to find out that Residex Top 100 for QLD prediction report does not provide any reasons as of why they think selected suburbs will perform better than others. One would think when they prepare data for the report, they should have some notes about why they think...
  11. piNoob

    Gold Coast?

    Hello, Can anyone give me some thoughts about Gold Coast? We are looking into one suburb in particular called Ashmore. Do you reckon Gold Coast area has potential to grow in regards of CG? How is it compared to other parts of QLD? Property itself is located 2 km from surfers paradise...
  12. piNoob

    Extension on PPOR?

    Hello, Me and my wife thinking of adding another room to our PPOR. Currently its 3 bedroom, 2 of which are quite small, so we need more space. Did some quotes and price would be between 70k-100k, thats for 1 room on the first floor. The reason for this thread is that we not really sure...
  13. piNoob

    Residex "Best Growth Metro (Top 100)" - worth it?

    Hello, Someone suggested this report in another unrelated thread, so I though I might ask for opinions on the subject in a separate thread. Anyone ever bought this report from Residex? Is it any good? It ain't cheap, I think $215, therefor my post. As I'm planning to buy in Brisbane...
  14. piNoob

    Please suggest suburbs in Brisbane for 1st IP

    Hello, Me and my wife have decided to buy our first IP in Brisbane after reading numerous posts on this forum and following news in general, looks like its a rising market here. We have ~500k to spend (all pre approved), would like to buy in so called blue chip suburbs. Looking for good...
  15. piNoob

    Looking for buyers agent in QLD

    Hello, can anyone recommend a good buyers agent in SE QLD? Seriously thinking of getting first IP in this area, have loan pre-approved etc. Thanks.
  16. piNoob

    Morayfield Qld ( The Meadows )

    Hi, does anyone know anything about this area? I met buyers agent few days ago who swears that this is one of the best places he has to buy an PI in QLD. Deal is H&L package ( The Meadows ), very close to Bruce highway. It's 4 bdr house on 600 sqm land for ~340k. He said that nice...
  17. piNoob

    Forum similar to this but about shares?

    Hello, sorry for asking this question here, but I believe some of you invest in shares as well as in property, so you might know a good and friendly forum about investing in shares, similar to this one? Me and my wife thinking getting into shares as well, would be nice to see other peoples...
  18. piNoob

    Cross collaterising - please explain!

    Hello, as the thread title suggest, could you please explain what cross collaterising is and how to avoid it? At the moment I'm going trough loan approval for my first PI with my mortgage broker. As I'm already with ANZ on my PPOR, broker suggested to use ANZ's package deal. This deal...
  19. piNoob

    Residex quarterly reports - when?

    Hello, I want to buy Residex quarterly report for NSW and found that they are selling up to December 2006. As first quarter of 2007 already passed I thought I can wait for new data.. Does anyone know how long it takes for them to produce report for the last quarter?
  20. piNoob

    Property research..how?

    Hello, I'm on a roll today, this is my third post, sorry guys :o I would like to start researching for good CG suburb in Sydney where I could afford to buy my first IP. Question is - where do I start my search? Every single source advices you to buy in strong CG area - how do I know...
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