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Hi all I am currently leasing a property to DHA, with lease expiry in 2012 and a further 3 year option. I bought the property from DHA themselves, 3 years ago now, and it has been relatively hassle free. However, they called me the other day saying they have gotten quotes to fix a drainage...

Hi All My wife and I are buying a strata titled office which settles in 2 weeks. We are buying it in our own names and leasing it to my business which is a company. We will of course, lease it at market rates to keep everything at arms length. The office is brand new and the purchase price...

Hi All Wondering if anyone could help with this. I have a 3 year fixed rate with St George about to expire (20 days from now) and just received the documentation for it to revert to an Advantage Package loan (5.04% variable - discount 0.75%). In the acknowledgment form info (doesn't...

Hi All I'm looking at selling an IP in the next few months and have a couple of questions. 1. A potential buyer is my tenant. She has indicated she would want the place recarpeted and repainted - both are definitely due. If I were to do this, if I understand correctly this is not immediately...

Hi I applied to my bank (Bank SA/St George) to have the security released on a third property we used to provide security to our first two IP purchases. I provided valuations by a registered valuer to assist my cause in showing that the properties are far and away under 80% LVR. So I...

Hi All I currently have all my home loan business with STG/BankSA. One thing that has kept me there so long is the ability to have multiple offset accounts against the one loan. I absolutely require this as I have a fair amount of cash in offset and it has different purposes for which...

My logical brain is saying yes! but the cautious part of my brain is saying slow down and pay down some of the existing IPs I have. I'm 28 and trying to accumulate rapidly (bought in 2005, 2006 and 2007). A run-down of what I have now: PPOR (bought 2005) owe $350k worth $550k (LVR ~63%) IP1...

Hi Lets say you have Property A which was originally purchased with a $500K mortgage. Property B was purchased with a $300K mortgage. They are cross-securitised i.e. there is a Mortgage registered against Property A for Property B and vice versa. You now want to sever this link and...

Hi All I'm looking to buy a property in Hobart primarily as a (very) long term investment. I don't expect there is going to be huge gains in Hobart anytime in the near future but I figure the rental yields are good and property there is VERY affordable. I would also like to use it...

Hi All I bought a property from DHA a year ago now and the capital growth has been fantastic - around 25% in the one year. The reason for this I think is partially due to the fact that it was undervalued when sold to me. I am having a problem with the rental valuations however. In December...

Hi All Allow me to introduce myself, I am a 27yo software developer and property investor from Darwin, NT. I have owned a few properties together with my father - thus far we have always invested together (except for our PPORs). My situation is currently this: * I pay myself a salary of...