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Who in Cessnock to get a depreciation schedule from Renovation done. Need a depreciation schedule- help!

Hi There is a built in wardrobe in the newly purchased 70s (?) decor era with laminated deep brown sliding doors. Any suggestions for rejuvenation or just toss it ( costs to replace -yikes!) Ooops - just realised I don't know how to attach pics to posts - instruction please

What documentation is required by the lender when purchasing through SMSF?

Many thanks all.

Hi I will be renovating my IP in Cessnock - kitchen and bathroom. I live in Sydney. I looked around eBay but wondered if the forum members have suggestions about sourcing e.g. second hand kitchens ( full or individual items), showers, baths,laundry tubs and the like.

Hi Sounds like you are on track in your property journey. You did mention using a broker on this site.... Can you tell me who is a broker(s) - I am looking for one. Cheers and all the best

I understand that even though buying through SMSF is a limited recourse loan, lenders require a personal guarantee. Do you know which lenders do and which don't or is it negotiated on a case by case basis? Also I hear that some offset accounts offered are not the full rate offset accounts -...

I checked out EBM because of what looked like good premiums however, they will not insure old houses unless have been rewired ( I think 50-60 years olf from memory but will not swear by it)

Am purchasing a PPOR. It is possible that may need to rent it out for a period of time. With my IPs I have always got the depreciation schedule but it does not seem relevant to PPOR even if it may be rented out for some time. Am I right?

Hi I think you belong to a large 'silent' group'. We have a similar situation and are older than you and recovering from two very expensive divorces. Serviceability is not an issue given high income but deposit requirements take us back into the First home owners territory. Luckily I bought a...

Check whether the company plans to build a camp ( with all facilities) as this may impact rental demand in town. Some councils such as Gunnedah will not allow camps but others do.

Many thanks to all. We are looking for PPOR to be then let out for up to 6years.

I wonder if there are any significant differences between the two?

Thanks -as you say there are ramifications of the difference. If I went with another lender would not the repeated valuations be recorded on my credit file - how significant does this become?

One valuation (vis St George ) came in at $230,000 and another via broker at $245,000. Is this typical? Is this too small a difference to worry about in the scheme of things but still $15,000 is $15,000?

Any recommended a) brokers b) property savvy accountant ? Live in Sydney

Hi Looking at NAB for the next property PPOR then rent it out ($750-$800K). Any views re valuations, unlocking equity,willingness to rate negotiation. ING was the suggested alternative.

Is it possible to strata a commercial property - business downstairs and residential flat upstairs?

I agree and that is why stressed the "estimate" rather than "quote"; nevertheless the rigour of analysis seemed to be missing from the proposal.

The main problem was a very large discrepancy in estimates provided: St George: LMI $2700 or if previous LMI taken into account then just on $1000 payable Broker: LMI $4300 or if previous LMI taken into account then $2690 payable In addition there were sloppy figures provided by him...