GLOSSARY for acronyms - Just a site suggestions

Hello out there,

I really appreciate the time and effort the team have put into to create this website. Being new and always had a calling to do this, i thank the team.

a suggestions:

a glossary; being new reading the forums are a great way to seek advice and way to blog each others experiences but there are some acronyms that bedazzle me such as PPOR, CF+ etc. i think a glossary would help those like me.

thanks for the time to read

GOD $AVE$, devil spends

GOD $AVE$, Devil spends!

In all this I still dont know what PPOR or CF+ means.

Can someone please tell me what is stands for and their meaning.

thanks in advance

GOD $AVE$, Devil spends!

Hi Vitaliano,

PPOR means Principal Place of Residence. ie: The home where you live.

CF+ means cash flow positive. ie: a property which has a surplus of total income over total expenses.

Hope this helps.

Regards,
YI.

Regards,
YI

"Knowledge is Power"

Investment property forums– abbreviations

IP- Investment property

LVR- Loan value ratio

PPOR- Primary place of residence

RE- Real Estate

OPM- Other people’s money (Borrowed)

LOC- Line of credit

SMSF- Self managed super fund

PM- Property manager

OFI- Open for inspection (open home)

LMI- Lender’s mortgage insurance

CGT- Capital growth tax

FHOG- First home owner grant

DHA- Defence Housing Australia

DSR- Debt service ratio

Wrap- Vendor finance arrangement

R&M- Repair and maintenance

P&I- Principle and interest

CFP- Cash flow positive (property)

NGP- Negatively geared property

ROI- Return on investment (( Rent $15000/investment $300000)X100)=  5 %

NRAS-National Rental Affordability Scheme

GFC-Global Financial Crisis

ATO-Australian Tax Office

IMHO-In my humble opinion

BAFO-Best and final offer

CGA-capital growth averaging (strategy)

DINKS- Double Income No Kids

LEO-Living On Equity

BAS - Business Activity St

CRAA- The Credit Referencing Association of Australia