PropertyInvesting.com | Blank Frank | Activity https://www.propertyinvesting.com/members/blank-frank/activity/ Activity feed for Blank Frank. Mon, 13 Apr 2026 18:15:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 959c6e0582fe5ac6625652e8fdeb5aaa Blank Frank replied to the topic So what rate interest rate are you getting in the forum Help Needed! https://www.propertyinvesting.com/topic/4402806-so-what-rate-interest-rate-are-you-getting/page/2/#post-4642025 Sun, 20 Feb 2011 10:51:37 +0000 GOM, I do not see your 6.76%, package or not. We are talking about investment property loans, right? If they have such an attractive rate why isn’t it on their website?

Fixed Rate Home Loans

NAB Tailored Home Loan (Fixed)

NAB Choice Package

InterestRate ComparisonRate
1 year 6.94% pa 7.41% pa
2 years 7.29% pa 7.47% pa
3 years 7.45%…[Read more]

]]> 1e5b2eb5d9aec1ac70bd88403e7b4dae Blank Frank replied to the topic So what rate interest rate are you getting in the forum Help Needed! https://www.propertyinvesting.com/topic/4402806-so-what-rate-interest-rate-are-you-getting/page/2/#post-4642023 Sat, 19 Feb 2011 07:12:47 +0000 propertyboy wrote:
I have $1.1m in debt.Three seperate investment property loans.The current interest rate I am getting is 6.96%Is anyone getting a better rate than this at the moment?Could I renegotiate a better rate or am I getting the best out there on the market at the moment?Just want to know if I should devote time to refinancing or…[Read more]

]]> d633163672aeba74596c9b2dfed8878b Blank Frank replied to the topic Useful Buffett Insight in the forum General Property https://www.propertyinvesting.com/topic/4402822-useful-buffett-insight/#post-4642153 Thu, 17 Feb 2011 06:11:07 +0000 PQ wrote:
Dont be silly Leo, Australians are just as greedy as Americans and everyone else in the world for that matter – its a basic human trait to want a reward for no effort!I think there will need to be a significant drop in employment before there is an American-style crash in Australian property prices. Plus there is still the matter of l…[Read more]

]]> b02c8e24b6c5c22df75f44ff5dafe05a Blank Frank replied to the topic Choosing a Quantity Surveyor in the forum Help Needed! https://www.propertyinvesting.com/topic/4402686-choosing-a-quantity-surveyor/#post-4641190 Fri, 11 Feb 2011 14:51:48 +0000 Derek wrote:
PS many of the bigger QS/depreciation companies work closely with the ATO so they are on the same page. Your accountant basically only needs to open the report up and transfer the figures from one piece of paper to another. Makes life pretty simple.

Cheers Derek for the valuable advice. :-) Thinking it over, it would probably pay for…[Read more]

]]> f3e00518d43c0ccb79574e5da915d240 Blank Frank replied to the topic Choosing a Quantity Surveyor in the forum Help Needed! https://www.propertyinvesting.com/topic/4402686-choosing-a-quantity-surveyor/#post-4641187 Thu, 10 Feb 2011 08:00:19 +0000 I’m chiming in with question:

I am buying my first unit off a plan. the Builder has put out a thorough document detailing all building costs and finishing. = $170K brick and tile strata unit

Is a quantity surveyor necessary?

If not, how do I work out the depreciation that I should claim year by year?

]]> 6f5fad11fb6f7b99f897de22f2742667 Blank Frank replied to the topic Line Of Credit - and paying off the principal in the forum Help Needed! https://www.propertyinvesting.com/topic/4402722-line-of-credit-and-paying-off-the-principal/#post-4641447 Wed, 09 Feb 2011 14:40:07 +0000 Terryw wrote:
Why do you think paying principle woudn't be deductible.?What about if you had a loan with Bank A and you refinanced it with bank B? You would be borrowing to pay principle

In that case, you are not paying off the principle, you are just rehousing the the loan facility. And the interest continues to be deductible.

…technically…[Read more]

]]> 1e3f8ba4034a539400661c369e887427 Blank Frank replied to the topic Contract is biased the seller's way / builder's way -- A concern? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402566-contract-is-biased-the-sellers-way-builders-way-a-concern/#post-4640432 Wed, 09 Feb 2011 14:15:04 +0000 Well, ignoring the Call Option document worked out. They accepted the offer without it. I bought the last unit.

]]> 148a4d8e0e1348bfdddac48a583c6000 Blank Frank replied to the topic interest only loan v's interest and principal loan in the forum Help Needed! https://www.propertyinvesting.com/topic/4402496-interest-only-loan-vs-interest-and-principal-loan/page/2/#post-4639919 Tue, 01 Feb 2011 14:15:41 +0000 Jamie M wrote:
Off the top of my head, try Adelaide Bank Frank.

Cheers

Jamie

Darndest thing…there is evidence that Adelaide did until 17 Oct 2010 (with a rate of 6.93% slobber)…then they got bought by Bendigo who seem to have never heard of any such thing…they have bad website however, so there is a faint hope that it is just not listed.

]]> 97be14386792c48d0e7dfc50d6a76f2b Blank Frank replied to the topic interest only loan v's interest and principal loan in the forum Jamie M wrote:Blank Frank https://www.propertyinvesting.com/topic/4402496-interest-only-loan-vs-interest-and-principal-loan/page/2/#post-4639917 Tue, 01 Feb 2011 12:01:26 +0000 Jamie M wrote:

Blank Frank wrote:
Interest Only can be fixed or at a variable rate.  Can you get an Interest Offset account with a fixed interest loan In Australia?

Yep, sure can.

Cheers

Jamie

CBA doesn’t.

St George doesn’t.

Westpac has IO with 100% offset but no ability to fix the rate.

Aussie doesn’t.

ANZ has it for 12-month…[Read more]

]]> 7aa379d4b0cde2f7639c2aba1f015810 Blank Frank replied to the topic Interest only loans with offset in the forum Help Needed! https://www.propertyinvesting.com/topic/4402630-interest-only-loans-with-offset/#post-4640767 Tue, 01 Feb 2011 11:46:26 +0000 Jamie M wrote:
Hi propertyinfo

Depends on the deal – in general, the lower the LVR the better the rate. After 5 years you can normally refinance to another interest only term – some lenders, such as Adelaide Bank, offer 10 year IO loan terms.

Cheers

Jamie

Jamie, you seem to be saying that banks can be bargained down or somehow negotiated…[Read more]

]]> baca0ea13b8a56488dd1545b1013f7f8 Blank Frank replied to the topic Has the property Market changed to Much to really invest in??? in the forum Jamie M wrote:Hi https://www.propertyinvesting.com/topic/4402616-has-the-property-market-changed-to-much-to-really-invest-in/#post-4640693 Tue, 01 Feb 2011 11:37:30 +0000 Jamie M wrote:
Hi Johann

You’ll be able to get a much lower rate than that. If you had a $300k IO loan @ 7% (for arguments sake) you’d be looking at $1750 per month. There’s also depreciation and negative gearing (as mentioned above).

Cheers

Jamie

Best I can find Variable is 7.11%. Fixed is 7.64%. (these are Package discounts too). Are you…[Read more]

]]> d9fd9e2dd2a8cbe64658a0ecece7b10c Blank Frank replied to the topic Can you judge growth to come? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402565-can-you-judge-growth-to-come/#post-4640427 Tue, 01 Feb 2011 11:29:55 +0000 xdrew wrote:
I had a choice of investing in an area with an immigrant issue. The area was Lakemba. At that time the 2br Units were at 120k (dont you wish you could time travel now?) and there were heaps on the market. I took a serious look at the couple of properties that were advertised and i decided against it. MOST of the properties not only…[Read more]

]]> 687d8d9ba1c8450fc8f9db9900265c81 Blank Frank replied to the topic Can you judge growth to come? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402565-can-you-judge-growth-to-come/#post-4640426 Tue, 01 Feb 2011 11:20:36 +0000 Kent Cliffe wrote:
Hi Frank,Past result and statistics should always be questioned. This is especially the case with median house prices. A few reason why median prices can be skewed include:1) Subdividing large parcels of land into smaller blocks can cause the "median" prices to drop, but per sqr mtr prices to increase.2) An increase in new…[Read more]

]]> 2dd98ebfd58a75db7a63d6f6a631be41 Blank Frank replied to the topic Can you judge growth to come? in the forum Andrew_A wrote:Those figures https://www.propertyinvesting.com/topic/4402565-can-you-judge-growth-to-come/#post-4640423 Sat, 29 Jan 2011 10:22:52 +0000 Andrew_A wrote:
Those figures look like they might be unreliable for judging real growth, medians can be very volatile, much better to look into direct resales and see how they have fared. There are also housing index providers that do a good job, I don't pay attention to median data mostly.Generally I would say that Perth has to be looking…[Read more]

]]> dcdd5265489a79335a3ac7b6775b07e7 Blank Frank replied to the topic Selling or not selling? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402382-selling-or-not-selling/#post-4639308 Wed, 26 Jan 2011 03:04:31 +0000 <Moderator: delete flame>

]]> 30124592b629bc08a9852e6548c4e105 Blank Frank replied to the topic Buyer Beware in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4402574-buyer-beware-10/#post-4640481 Wed, 26 Jan 2011 02:56:32 +0000 Me too.

]]> ab6a37deda2000baa5a902bbce36a20d Blank Frank replied to the topic Contract is biased the seller's way / builder's way -- A concern? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402566-contract-is-biased-the-sellers-way-builders-way-a-concern/#post-4640431 Tue, 25 Jan 2011 07:10:51 +0000 After discussion with the agent, I am just not going to sign the ‘Call Option’ which gives the developer the option of taking back the property. Into the bin-shaped file cabinet.

]]> 635244569a8f61efb5e04d970c643048 Blank Frank replied to the topic Can you judge growth to come? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402565-can-you-judge-growth-to-come/#post-4640421 Tue, 25 Jan 2011 06:05:29 +0000 Cheers, xdrew.

It is a low soc-ec area, but there is money going in…a Big Box mall is now there, very nearby: Coles, Woolies and sundry stores ++ , but nothing flash in the fit out. Business looks quiet in there.

]]>