TM started the topic first home buyer and renovations converting to investment and depreciation in the forum Help Needed! 7 years, 11 months ago
Hi guys
I am just about to buy my first property with my partner. The plan is to live in this property as it is in a regional location (where I already live) and will save us bout 100 dollars a week compared to renting. The plan is to live in this property and do renovations as we go to increase the value but ultimately for an investment purpose.…[Read more]-
TM replied to the topic To use a buyers agent? in the forum Help Needed! 8 years, 2 months ago
I have been doing research for about a year now and would feel quite confident getting a property in somewhere like Geelong. I want to make sure I get the right start however and if the capital growth elsewhere is going to be much better and I can get a buyers agent to assist then I would be happy to pay the fee.
-
TM started the topic To use a buyers agent? in the forum Help Needed! 8 years, 2 months ago
Hi guys.
I’m a first time investor and finally getting to a point where I have enough for a deposit on a IP. I’ve been doing lots of reading and know that there are other areas that seem to be growing better than where I live in regional Vic. One such area is south east Queensland.As I don’t live up there and have never bought an IP before I…[Read more]
-
TM replied to the topic LMI and deposit in the forum Finance 8 years, 6 months ago
Thanks for all the tips guys.
-
TM replied to the topic LMI and deposit in the forum Finance 8 years, 6 months ago
This is my first purchase. And am considering living in it as it is cheaper to pay off a mortgage than rent.
-
TM replied to the topic LMI and deposit in the forum Finance 8 years, 6 months ago
Unfortunately I don’t have another IP. I guess that takes me back to the drawing board of options 2 and 3
-
TM started the topic LMI and deposit in the forum Finance 8 years, 6 months ago
Hi guys,
I know that LMI is added if you don’t have an 80% deposit for a lot of the banks. What I would like to know is whether you can borrow the stamp duty and legal costs etc.
For instance if I buy a $200,000 home. And I manage to scrape enough together to get the $40,000 deposit but don’t have the extra for the stamp duty and solicitors fee…[Read more] -
TM replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 8 months ago
Surely anyone that did this fund is laughing right now. I wish I was around when the offer was available. Any one know how its going?
-
TM replied to the topic Dominique Grubisa? Heard her speak? in the forum Heads Up! 8 years, 9 months ago
Just to clarify I made a mistake in my original post.
“Like other have said I kept my wallet closed for the day and am now doing my own research into things but apparently it has been beaten in the court system in Australia.”
It should have said “but apparently it hasn’t een beaten in the court system in Australia.”
Sorry for any confusion
-
TM replied to the topic Dominique Grubisa? Heard her speak? in the forum Heads Up! 8 years, 9 months ago
I am just learning about all these things at the moment Jacqui and that is way over my head haha. I know very little about how the trust systems work and what legitimately protects you and what doesn’t but I am avidly reading to try and learn. I definitely want to start up my own self managed super as I realise that is probably the way to go but…[Read more]
-
TM replied to the topic Dominique Grubisa? Heard her speak? in the forum Heads Up! 8 years, 9 months ago
Cheers for the quick reply guys. I have enjoyed ready your advice on many of the posts on this forum and find it really helpful. I am definitely caught up in the fear trap of asset protection. I will start work as a doctor next year and realise it is a vulnerable profession so am more conscious of how I protect my assets. Having said that I…[Read more]
-
TM replied to the topic Dominique Grubisa? Heard her speak? in the forum Heads Up! 8 years, 9 months ago
I saw her speak at on the 18th July 2015 (yesterday) and while I am hesitant to believe something that sounds to good to be true she seems to know what she is talking about. She patented the idea in Australia for the Vestey trust and asset protection which like the others said involved putting a caveat on the property title. Apparently you can…[Read more]
-
TM started the topic Understanding water fees in the forum Help Needed! 8 years, 10 months ago
Hi guys. Im new to investing and just trying to work out all the fees that you need to consider when buying property. Im trying to work out whether certain properties are positively or negatively geared. As a first time investor I am looking at regional markets to try and get a property that can increase my income.
Obviously the only income of…[Read more]
-
TM became a registered member 8 years, 11 months ago
Total Members: 158,314
