1. the threashold is appied to ‘account’, which is basically can be understand as ‘ ownership structure”. so say if you own 10 properties with your husband, then all the 10 properties total land value will be add up, and you will only get 1 lot of 549k…[Read more]

got a technical questions to ask regarding land tax in NSW.
1. was the land tax threathhold applied to individual based on their ownership share of the property? say if you jointly own 1 million land value, then each have 500k value , then land tax is free for both . but if you own it 99 Vs 1% , then you end up paying more land tax…[Read more]

got a technical questions to ask regarding land tax in NSW.
1. was the land tax threathhold applied to individual based on their ownership share of the property? say if you jointly own 1 million land value, then each have 500k value , then land tax is free for both . but if you own it 99 Vs 1% , then you end up paying more land tax (…[Read more]

merry xmas to all.
Just a general question, regarding the the tennants in common investment property ownership in the case of a divorce.

Assume all the properties are acquired after marriage, the title for the properties are tennants in common abd deliberately have one party a very high % ownership due to tax reasons , the other party…[Read more]

need your help again.

Do you know how long i can prepay the property cost per financial year?

there are quite a few landlords insurance bill due in Sept.. which will be costing me few thousand dollars.. I hit myself in the forehead not foreeseen this and thinking , i should have pay it before 1 july then i can get half of those…[Read more]

if you still need to…[Read more]

i recently found a bargain property ( say around 20k to 30k below fair market value), i was all excited about this until i saw the strata building report. it’s a 40 yr old unit in a capital city suburb with good yield and strong cap growth pespective.

anyways, in the building report attached an asbestos report which says it found…[Read more]

i quite like it and the concept it represent… which is creating and holding new real estate for longer term @ wholesell price…
but the locations seems bit strange..

would like to hear from anyone knows about the service or anyone has done a deal with them before?

thanks a lot

this is a better than offset in my view, as offset will lose the interest deductbility.

my banker said it’s the purpose of the funds that determines the LVR, so if you buy investment properties, the current LVR is only 65% as…[Read more]

I got bit of cash and want to pay down my small remainder PPOR loan competely. I was thinking to pay it down then refinance whatever amount out in the forms of LOC for future purchase.
However My banker told me that due to the bank policy change, they can only do 60% to 65% LVR .. as I already withdrawl some of the euqity out…[Read more]

I found this from a website”
“The site area in LMR is to be a minimum of 600m² with a minimum frontage of 17m. In MR and HR the site area is to be a minimum of 800m² with a minimum frontage of 20m. These minimum areas may be negotiable as we have been able to achieve a solution on lots down to 400m².

can anyone told me if…[Read more]

@melbourninvester, for me, what i do is to pull up a Brisbane train map , and circle the inner city subs that was on the train map ( basically the circle within the diameter shorter than half of my little figners size, lol) , the highlight a few major station, up / down/left/right, and go to the details of that…[Read more]

i m going to brizzi next weekend.. to go through the subs i m interested at..

i was thinking buy a few in nundun and pair up with woodridge ones to neutralise the cashflow . geez wont that be a marriage in heaven?

thanks for all your input buddies… ..…[Read more]

I m started to getting to know the market in Brisbane.. have never invested outside sydney . now I lay my eyes on the lovely sunshine capital.

I was looking at the train map and come up with a few suburbs.. dont ask me why and how.. sometimes it just come up in my head like a pop up.

they are Nundah , Wynuum and Woodridge ?
i refer…[Read more]

the LMI is way high.. check out the genworth calculator..http://www.genworth.com.au/online-tools-forms-and-reports/lmi-tools/lmi-premium-estimator

the LMI is way high.. check out the genworth calculator..http://www.genworth.com.au/online-tools-forms-and-reports/lmi-tools/lmi-premium-estimator

for 320k .. you probably looking at Marchathur/camden area for a very old 2 bedder.. rent out around 290 to 300 pw. you probably will need to offer on the 1st day of it’s open and be lucky if the vendor will lock in with your offer.

you can still get into the market with that sort of money in sydney, but the cashflow is bad.. my…[Read more]

thanks very much. Your suggestion is very useful and see how we think alike !

yep.. am currently doing 1, 3, 4, 7
after that, am going to go for 8 , 10 . I have some investment in funds and shares.. but i prefer things that I can control to be honest.. even though i can get it wrong sometimes.. but the most fun part of investing…[Read more]

Re: CF and CG, you absolutely need both to succeed. go out and buy CG IPs, utilise the tax benifit/ neg gear/ depro etc to…[Read more]

the best strategy i think is to combine the growth with CF strategy in a timely order .. of cause, if you have more funds and more skill sets, you can move onto commercial and development projects which create huge capital in relatively shorter period of time. For me, I would rather stick to a thing or two that i m familiar with and…[Read more]

1. I don’t have a cashflow problem. Never have. My IPs are self servicing taking the tax incentive into account. My prob is servicablity.. which if I want.. I can always go to CF method to enhance my serviceability down the track as I already build up my equity base over the years.
2. Compound does work the same way, just on different r…[Read more]

thanks for your reply. I m afraid i have to disagree with you here.

Cash flow is like your blood, while Captital growth is your muscle . you will die without blood straight away, but it’s the muscle that makes you stronger and grow bigger. I had enough of the education on those things ,among all the endless debate between the two,…[Read more]

thanks for your reply. I m afraid i have to disagree with you here.

Cash flow is like your blood, while Captital growth is your muscle . you will die without blood straight away, but it’s the muscle that makes you stronger and grow bigger. I had enough of the education on those things ,among all the endless debate between the two,…[Read more]

Firstly , happy Valentines day everyone! Im going to a romantic dinner shortly but my mind is filled with the trouble that i cant borrow anymore ?!

Im in the middle of the same old, refinance etc . my broker told me that my borrwoing limit will be hit by end of 2015 after the next batch of purchasing. and that i wont be able to…[Read more]

Firstly , happy Valentines day everyone! Im going to a romantic dinner shortly but my mind is filled with the trouble that i cant borrow anymore ?!

Im in the middle of the same old, refinance etc . my broker told me that my borrwoing limit will be hit by end of 2015 after the next batch of purchasing. and that i wont be able to…[Read more]

after a long battle , I m deciding to change a 10 yrs old japanese car to a newer model European car.

we come across car leasing through work, and was told we can package the car and all the car related expenses into our gross salary etc.. I think this is a great way to reserve the big chunky amount of money ( I was going to…[Read more]

Warm regards,

I hope you can help with this. I thought i had come up with a genius idea but only was told by my banker today that it was tax invasion?!
anyways, My strategy was below:

step 1: revalue my IP and borrow against 80% of the current market value .
for example: IP valued at 500k , and my existing loan was 200k , then I have 500k X…[Read more]