Total Members: 148,755

Brokota

  • Hello All,

    I have been reading both on here and in emails etc that predicting properties will double in price every 10 years is yesterdays thinking.

    Is this a new train of thought or has it been around for a while..?

    I understand that different states and regions have their own property cycles etc and we all know that Sydney and Melbourne has…[Read more]

  • Hello Ante 123

    Welcome, I was in your exact situation no more than a year ago, and have found this site an enormous help in learning the property game. You will find the people on here more than willing to give you advice on just about anything in property investing.

    In regards to book choice, there is another thread on here which lists a whole…[Read more]

  • Brokota replied to the topic Redbank Plains QLD in the forum Help Needed! 7 years, 1 month ago

    Thanks again Seqel,

    I suppose with any large development, an over supply is a by product of it.

    Looking at an NRAS propertyand got the numbers through on it today, bottom line is $85 CF+ a week after tax, with the median rent being $320. So has intrigued me  some more.
    Just aslong as the new area doesn't have the stigma of the older areas…[Read more]

  • Brokota replied to the topic Redbank Plains QLD in the forum Help Needed! 7 years, 1 month ago

    Hey Guys,

    Thankyou so much for the replies, to answer your question Seqel, the NRAS developer is building in Mount View Estate, have had a look and there is a 'Planned" railway station on the Brisbane line, so cant be a bad thing. 

    Question for M.Investigator – with 49% of households renting, this is a good thing for investors..? Or am I missing…[Read more]

  • Hey Sundance,

    I am honestly not sure, hoping someone on here can post an answer for both of us.

    When I got my schedules done, all I did was tell them the address of the properties and gave them my Credit Card Number and 3 weeks later I had the schedules emailed to me, so made it very very easy for me.

  • Hello Sundance,

    I have recently had depreciation schedules done on our houses and the business I paid to do them found out the build date as part of their research, thats what you pay them for.

    Also your local council will have records of when the house was built. I was advised by my council that if I wanted to know the build date of my house it…[Read more]

  • Hello Sundance,

    I have recently had depreciation schedules done on our houses and the business I paid to do them found out the build date as part of their research, thats what you pay them for.

    Also your local council will have records of when the house was built. I was advised by my council that if I wanted to know the build date of my house it…[Read more]

  • G’day Jamie,

    I asked today, and they do not pay the subsidy to interest only loans, but am able to transfer from IP to PPOR if required, just have to apply for another certificate. With that though am limited to only 3 lenders (One of their rules) being NAB and 2 others. They do not pay into an offset account, it is paid straight onto the…[Read more]

  • Hi Jamie,

    I do intend to buy another PPOR at some stage, but looking for another IP at moment, with regards to not pay the principal I am lucky enough that my employer pays $419.00 a month off my mortgage on IP1, and I have adjusted my repayments accordingly to pay the minimum amount, which is less than if it was interest only. If it was…[Read more]

  • Brokota replied to the topic Strategy/Plan..? in the forum Help Needed! 7 years, 4 months ago

    Afternoon 007,

    Streets ahead of you, have emailed and read your article – and congrats on how well you have done!!

    Its funny reading sometimes though as some books I have read and investment magazines, seminars I have attended that there are so many ways of investing in property it can all become a little overwhelming at times at which way you…[Read more]

Brokota

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