Hi Adam,
Sounds like you are off to a great start. Certainly, considering the purchase of property as an investment is worth some time and thought, for sure.

So I’m not thinking of buying a house to live in (unless it is a good idea with financial advantages and gets me closer to my goal)

Buying your own home can provide some benefits, b…[Read more]

Hi Mullsey,
Welcome to propertyinvesting.com – I hope you find your answers somewhere in here. First there are many useful Articles that give a new investor a bit of a leg-up. Look for the “Training Centre” on the home page. Other than that, go trawling and look for forum topics where the title sounds like it might appeal.

It is a good…[Read more]

Hi Nan,
I can sense frustration, so I would love to be able to help…. but I am struggling with this from you:-

But at current market, there is no way to buy property under market price and in the opposite way, we have to buy them over the market price.

I am trying to understand just what you might be seeing that has you saying this. Can you…[Read more]

Hi Gavin,
We are all about education – the only sales we allow mentioned are where people have books, courses or other tools they wish to move on. That is what Buy Swap and Sell forum is for – not for IP deals. And hey, thanks for asking first !!

Benny

Hi Kylsta,

Re any “Groups who get together”, do check out this one :-
https://www.propertyinvesting.com/topic/5025679-brisbane-property-group-meeting-tuesday-31st-may/

Matt Jones usually pops by with the next month’s meeting info about a week or so before the event. Look around in the “Heads up” forum too, and you will see the Sunshine…[Read more]

Hi Lizu,

The bank has said that the only way to avoid paying the fee would be to close the offset account and convert to a standalone loan account.

Oh, goody !! And then you could receive Interest like 1% instead of the 5% you get as an Offset now. Me, I’d pay the $10 a month and say Thanks !!

An Offset is TOO GOOD an option to just stop…[Read more]

Hi Lizu,

The bank has said that the only way to avoid paying the fee would be to close the offset account and convert to a standalone loan account.

Oh, goody !! And then you could receive Interest like 1% instead of the 5% you get as an Offset now. Me, I’d pay the $10 a month and say Thanks !!

An Offset is TOO GOOD an option to just stop…[Read more]

Hi Lizu,

The bank has said that the only way to avoid paying the fee would be to close the offset account and convert to a standalone loan account.

Oh, goody !! And then you could receive Interest like 1% instead of the 5% you get as an Offset now. Me, I’d py the $10 a month and say Thanks !!

An Offset is TOO GOOD an option to just stop…[Read more]

Hi Raasta,
I think you might’ve got lost in my words. I mentioned that we often think of spending $30k on a reno to gain cashflow and equity but not the other option – see here:-

Would it make sense in your case to spend that $30k on Selling costs and quit property B? What would be the “rent return” in that case?

You would need to sat…[Read more]

Hi Raasta,
Wow, you appear to be very highly geared. Is this because of a downturn in values that I believe hit Perth over the last few years? Or was it a recent, deliberate move on your part?

At a quick look, and without getting out a calculator, it seems property B is the biggest part of the problem. You would have the actual numbers that…[Read more]

Hi Raasta,
Wow, you appear to be very highly geared. Is this because of a downturn in values that I believe hit Perth over the last few years? Or was it a recent, deliberate move on your part?

At a quick look, and without getting out a calculator, it seems property B is the biggest part of the problem. You would have the actual numbers that…[Read more]

Hi Raasta,
Wow, you appear to be very highly geared. Is this because of a downturn in values that I believe hit Perth over the last few years? Or was it a recent, deliberate move on your part?

At a quick look, and without getting out a calculator, it seems property B is the biggest part of the problem. You would have the actual numbers that…[Read more]

Hi Puredaycent,

however if we decided to sell after a year I believe I would be stung for capital gains tax.

I would advise you take up with a MB to discuss your financial options – moves such as you are contemplating are complex, and having a heap of more accurate information would help immensely. See, I believe you are quite wrong with the…[Read more]

Hi Wezwaz,

a block of land that has a land valuation (according to rates notice) around $120,000.

UCV’s are notoriously low, and have been ever since I can recall. The UCV (Unimproved Capital Value – i.e. supposed “land value”) is used to determine Rates, so this maybe keeps the number artificially low (???).

Don’t use a Rates Notice to…[Read more]

Hi Viz,

1. I have been told buying in partnership is a BIG no no by my mortgage broker, exception if its your spouse, not even your parents and reason being, the bank will look at the total loan owning not my portion and my equity will be only my portion. Would love to hear from anyone who bought in partnership other than your spouse and some…

[Read more]

hi James,

All I just want to terminate the contract as the house have active White ants. What to do to terminate the contract? If they say I can’t dispute the contract I am legally obligated to buy this house?

I hope you have had a solicitor helping you through with your purchase. If you have, then they should have advised you to formulate t…[Read more]

Hi Cattleya,

“how does scrapped negative gearing present great opportunity? Is that because prices are expected to fall?”

Since it is a poll, it is up to you to choose if you think it might benefit you.

One possibility I can see is if it is to be scrapped by some date in the future (July 2017?) then there is going to be a scramble to buy so…[Read more]

Hi RYF,

Use the Search button – on the Home page, look right and down – below Training Centre and Register your book.

Benny