Hi Parky,
Terry’s first answer might be what you need :-

Yes valuers actually can tell you what it would have been worth at any point in time.

That might be enough for you – but please don’t ignore the other option that I have brought up – it could be beneficial for your parents to work through that path. Or not – no guarantees either way.…[Read more]

Hi Parky,

I don’t want to speak out of turn here, but I wondered if there might be “a way around” this. Right here, we could do with the input of @Terryw as I am not an accredited adviser. But I can be a catalyst perhaps ….. ;)

What I am thinking is this:-
1. A person’s (couple’s) home is exempt from CGT
2. It CAN be exempt from…[Read more]

Hi Kevin,
Sorry to hear of your loss. Good to hear that you are smart, and are asking “what is a good way to go?” Seems to me that you know the value of a dollar, and want to spend them wisely. Well done.

There are lots of sides of this particular coin that should be addressed prior to spending too much. My first thought, since you have…[Read more]

Hi Kevin,
Sorry to hear of your loss. Good to hear that you are smart, and are asking “what is a good way to go?” Seems to me that you know the value of a dollar, and want to spend them wisely. Well done.

There are lots of sides of this particular coin that should be addressed prior to spending too much. My first thought, since you have…[Read more]

Hi RMAA,

The positives are it’s part of the SE growth corridor of Melbourne, new (additional) train station due to the population growth, more schools etc. but there is a lot of land around to build on at the moment.

That is both good and bad… Good that it is in a growth corridor that is seeing Infrastructure being built – bad that it is in a…[Read more]

Hi RMAA,

The positives are it’s part of the SE growth corridor of Melbourne, new (additional) train station due to the population growth, more schools etc. but there is a lot of land around to build on at the moment.

That is both good and bad… Good that it is in a growth corridor that is seeing Infrastructure being built – bad that it in an a…[Read more]

Hi Zen,
Good to hear from you again, and to share your experiences with us. The initial interview sounded quite kosher – asking all of the right questions…. ;)

Denis, others earlier in this thread asked “Does this group entertain purchasing 2nd-hand property?” If not, why not?

Keep in mind, that while any Company is “courting you”,…[Read more]

Hi Denis,

they want me to come back with a whole lot of details around my financial situation etc.

Largely, they likely want to know that you have assets that have Equity to spare. If you had a PPOR that was leveraged up to the hilt, and few other assets, they would probably lose interest in you real quick.

Now, I don’t know either SFG,…[Read more]

Hi Denis,

they want me to come back with a whole lot of details around my financial situation etc.

Largely, they likely want to know that you have assets that have Equity to spare. If you had a PPOR that was leveraged up to the hilt, and few other assets, they would probably lose interest in you real quick.

Now, I don’t know either SFG,…[Read more]

Hi Liam,

On a reread of this, it struck me – when hearing “tales of woe” from others, they are usually all about someone being “ripped off” when purchasing a house. As I mentioned earlier, marketeers would fly folks “FREE” to the Gold Coast to stitch them up on a poorly built new property at an inflated price.

Always too, the “clients”…[Read more]

Hi RMAA,
Now is a good time to really think this through, and to help, here are a few thoughts that might steer you one way, or another.

There is obviously more to “the numbers”, with four of you in the deal. You might not want to share such things on forum, but you should do so with an Adviser. Major one is “What do you owe everyone if…[Read more]

Hi Huskisson,

Sounds like the two sisters have their heads screwed on right.

They can not come up with the $1.1M+ that would be required to pay out their brothers, so are looking at other options for how to retain their shares, with the ultimate goal of owning an apartment in the new development and making some profit in the meantime.

…[Read more]

Hi Huskisson,

Sounds like the two sisters have their heads screwed on right.

They can not come up with the $1.1M+ that would be required to pay out their brothers, so are looking at other options for how to retain their shares, with the ultimate goal of owning an apartment in the new development and making some profit in the meantime.

…[Read more]

In the big world of finance, some members may prefer to “sit down in front of a new adviser” rather than using phone, email, etc to discuss financial things with someone they have never met before. In that case, knowing just WHERE a Mortgage Broker is based would be useful….

So, WHERE are the MB’s on this website based?

Check this thread…[Read more]

In the big world of finance, some newer members may well wish to “sit down in front of a new adviser” rather than using phone, email, etc to discuss financial things. In that case, knowing just WHERE a Mortgage Broker is based would be useful….

So, WHERE are the MB’s on this website based?

Check this thread for info on several of ours…[Read more]

Bueno, Ethan !!

And for Tyzzer, you might like to check out Colin Rice’s signature in this post :-

https://www.propertyinvesting.com/topic/5030760-help-about-to-purchase-an-investment-property/#post-5030860

Hope he can help,

Benny

You’re a champ, Ethan !! *applause*

And, for others reading, also wanting a Mortgage Broker who is based in Perth, check out the signature in this post:-

https://www.propertyinvesting.com/topic/5030760-help-about-to-purchase-an-investment-property/#post-5030860

Benny

You’re a champ, Ethan !! *applause*

Hi Ethan,

This is the post from the member who was asking:-
https://www.propertyinvesting.com/topic/5031398-what-to-do-when-you-are-maxed-out-for-finance/#post-5031418

Maybe you’d like to pass on the name in that thread?

Benny