Hi Catalyst,

How do you post photos on this site?

Check this out – Andrew gave someone else a step-by-step instruction to post a photo :-
https://www.propertyinvesting.com/topic/4995714-youngest-nobel-peace-prize-ever-winner-malala-yousafvsai/#post-4996543

Benny

Hi Lloyd,
First, welcome to this place – I hope you stick around and gain from being here (even if your posts aren’t answered right away). :p

To your questions, I can help with just one – to find who owns a property, you would need to contact the Titles Office in your State. Usually, they have a way whereby you can purchase basic Titles…[Read more]

Hi again,
Well, you see, THIS is why you need expert advice :-

Since you say it was your PPOR (your home, or “Principal Place Of Residence”) there would be NO CGT to pay up to Jan 2015.

It was only after I hit Submit that it came to me – you MIGHT need to pay CGT since 2005 – IF you had partially rented your PPOR at any time over that ten yea…[Read more]

Hi Czerney,
Welcome to this place – I hope you get a lot from the experience of “being here”….

I got a licenced valuer to value the property based on the renting start date,

Smart move !! Well done.

but I guess my question is what will my capital gains tax obligation likely to be based around if I decide to sell. Based on the…

[Read more]

Hi Chris,

Ideally i want to minimize my cash investment on the next house

i.e. borrow against the equity in your PPOR – sure, no problem if the Equity is available to do so.

…so i have looked into the idea of cross-collatorisation.

No need to do that – and you really don’t want to go there (mostly). There is a lot to consider, and a…[Read more]

Hi Matt,

I understand that vacancy rates are the measurement of time where a rental is vacant, however, I’ve noticed its measured in a percentage.

It is measured in a percentage primarily because it involves numbers only, not time. Vacancy Rate is worked out like this :-

Number of properties available for rent in a suburb / Total number o…[Read more]

Hi Ivan,
Yes those templates are still available. First, register your book via this link :-
https://www.propertyinvesting.com/store/0-130-properties-revised/register/ and a followup email takes you to the pages you want.

I believe the templates may have been updated to match the revised version of the book. So if you have the earlier book…[Read more]

Hi Matt,

The reason why I’m thinking of paying Principle and Interest is because I want to have an LVR of 80%, then change to interest only.

In that link I added last post, DO be sure to read the reference to Offset Accounts as well as the Do I pay PandI or IO?

See, Offset Accounts can have you effectively “paying off 20% of your P…[Read more]

Hi Matt,
Good on you for turning your sights this way at such a young age. It is really good that you already have a sizable amount of savings, and this will be the start of something good as you are obviously looking to use it in a profitable way.

What I would suggest is that you set aside time (and some $$) to educate yourself in your…[Read more]

Capital Gains Tax (CGT) is a complicated beast !!

There are some “well-known” good bits (e.g. your PPOR remains CGT exempt for up to 6 years after you move out of it – BUT there are some conditions around that, so check first).

And, when buying, there are little gotcha’s that might trip you up – so read up, or ask away, BEFORE buying your…[Read more]

Capital Gains Tax (CGT) is a complicated beast !!

There are some “well-known” good bits (e.g. your PPOR remains CGT exempt for up to 6 years after you move out of it – BUT there are some conditions around that, so check first).

And, when buying, there are little gotcha’s that might trip you up – so read up, or ask away, BEFORE buying your…[Read more]

Capital Gains Tax (CGT) is a complicated beast !!

There are some “well-known” good bits (e.g. your PPOR remains CGT exempt for up to 6 years after you move out of it – BUT there are some conditions around that, so check first).

And, when buying, there are little gotcha’s that might trip you up – so read up, or ask away, BEFORE buying your…[Read more]

Capital Gains Tax (CGT) is a complicated beast !!

There are some “well-known” good bits (e.g. your PPOR remains CGT exempt for up to 6 years after you move out of it – BUT there are some conditions around that, so check first).

And, when buying, there are little gotcha’s that might trip you up – so read up, or ask away, BEFORE buying your…[Read more]

Hi Jason,

My knowledge of the associated costs, expenses, taxes..etc is quite limited. Would either of you know of any good resources, templates or guides I could download or buy that detail the above?

Steve’s books tend to include a number of examples of “numbers”, quite easily readable and understandable. Great for the new investor.…[Read more]

I had to read it twice to even start to agree with the author. But after the re-read, I think I now understand what he is saying.

In essence, be careful which parameters you use in determining potential Capital Growth of an area. Though an area may be “sought after”, one of the common limitations is the number of available properties. e.g.…[Read more]

Hi Asou,

I have asked so many people around me but none of them seem to know the answer

Yeah, it is one of those questions that many of us don’t spend our lives thinking about. Based on figures I hear, less than 10% of people ever buy an Investment Property of any kind. And then, (like me), many investors don’t know all there is to know about…[Read more]

Hi Jo,
Re your comment “Should I wait until I have 80% LVR so I don’t have to pay LMI?” I’d like to add a few thoughts:-

1. Many investors agree that the paying of LMI can make sense in the generation of wealth – but it may not be the best decision for everyone, so do have an adviser take a look at your situation and discuss things in…[Read more]

Hi Asou,
Welcome here !! I’m glad you decided to join us to ask your question. Why? Because there is SO MUCH you need to consider ahead of a decision like this, and you are in the right place to get some good pointers through the maze.

I haven’t done what you are thinking of doing, but I have heard enough from others to know that there are…[Read more]

Hi PaulKaren,

Out of interest, I just Googled “Property Clock Gold Coast” and saw quite a few useful entries pop up. The concensus seems to be that 2015 is likely to look good for the GC.

I watched as values rose, then fell again from 2008. I am still holding one in the area that I plan to sell next year. Or even this year, if values…[Read more]

Hi again Jason,
You seem to be in a rather good situation that can allow you a few choices – all thanks to already owning a PPOR. There is quite a wealth of information at this early level, and I wanted to suggest you take a look at this thread first…[Read more]