Total Members: 158,196

Don Nicolussi

  • Don Nicolussi started the topic Rate Rise Friday in the forum Finance 8 years, 10 months ago

    May be of interest to some that Macquarie have increased interest rates on all fixed terms effective tomorrow.

  • Don Nicolussi replied to the topic Cross-security question in the forum Help Needed! 8 years, 10 months ago

    BM 17 – your question seems really just double checking your gut instinct – which is correct. Yes you can keep your loans separate at the one lender. No problem. However, with the structure you have now I am guessing that the reason you want to move is price or rate. Serviceability (or the way banks calculate what you can afford) will be slightly…[Read more]

  • Don Nicolussi replied to the topic Looking for Mort broker in the forum Finance 8 years, 10 months ago

    Yson – Terryw on this forum has offices in CBD.

  • Don Nicolussi started the topic The real danger with SMSF property in the forum Creative Investing 8 years, 10 months ago

    Recently I have been catching up on blogs by various authors and writing a few bits a pieces myself. I came across Steve’s comments about the dangers of SMSF property or people using gearing to purchase real estate as an investment inside super. Nothing new and very well accepted by the major an niche lenders alike.

    The real issue I see is people…[Read more]

  • Don Nicolussi‘s profile was updated 8 years, 10 months ago

  • Don Nicolussi replied to the topic Potential red flags… ? in the forum Help Needed! 8 years, 10 months ago

    No problem guys. Good luck.

  • Don Nicolussi‘s profile was updated 8 years, 10 months ago

  • Don Nicolussi replied to the topic St George 5 yrs fixed in the forum Finance 8 years, 10 months ago

    Fundamentally locking in rates isn’t about gambling on the variable vs. fixed pricing – but the long term certainty in your interest costs

    Agree Corey. It’s about looking at your portfolio and running some “what if” and “how much” scenarios.

  • Don Nicolussi replied to the topic Finance for NZ IPs in the forum Finance 8 years, 10 months ago

    Hi Michael – try Kris link here http://www.krispedersen.co.nz/ .

  • Don Nicolussi replied to the topic Potential red flags… ? in the forum Help Needed! 8 years, 10 months ago

    Hi M&S,

    When it comes to red flags the advice I would give if asked is trust your gut. After that what I would do if I was new to an area and trying to work out if a “problem property” was a deal is do a bit of digging.

    The first thing I would to is try and find a comparable property that was in tip top shape or the condition your would bring…[Read more]

  • Don Nicolussi started the topic What is rich? in the forum General Property 8 years, 10 months ago

    Had a bit of time last night to grab some TV and saw a discussion on Channel 10’s “The Project”. The topic was the current governments budget proposal to reduce part pensions for already self funded retirees with assets over 1 million dollar ( not including their own home) and lower the threshold to $750,000.

    The panel seemed to think these…[Read more]

  • Don Nicolussi replied to the topic Build before subdivision or subvide before building in the forum Value Adding 8 years, 11 months ago

    On this I would definitely be heading to a local architect or planner who knows your local rules inside and out. Pay them for their time. The rules will be very different depending on location.

    In the end what needs to be considered is product.

    When I say that I mean what will you end up with and what is the demand for it in the market. Both…[Read more]

  • Don Nicolussi replied to the topic CGT with 6 years Temporary Absence rule in the forum Legal & Accounting 8 years, 11 months ago

    I have read some articles and I think that Terry is right. Probably I should change my accountant :( not very happy that she gave me wrong information..

    If anyone knows it will be Terryw . Give him a call.

  • Don Nicolussi replied to the topic Taxing Super in the forum General Property 8 years, 11 months ago

    The issue I find most unreasonable is that we are all locked in (to an extent) to a system where the goal posts keep moving. We are asked to make investment decisions now based on rules that will most certainly not exist in the future. Outside super when rules change you can pivot. Inside not so much.

  • Don Nicolussi replied to the topic Investing in Sydney – areas? in the forum Help Needed! 8 years, 11 months ago

    Liana . with your budget I would perhaps consider the central coast NSW. You are 40 to 90 mins drive to Sydney. The market is very diverse so you will have to do a lot of home work on locations. Some areas have peaked while others are in the mid part of an upswing. There is a lot of potential. There is still a tone of property available where you…[Read more]

  • Don Nicolussi replied to the topic The Next Step in the forum Help Needed! 8 years, 11 months ago

    I have another 60k savings also, so I’m looking to either use that or the equity that I hope I have but still try to maintain a cash buffer.

    Hi Knox – sometimes a finance application is more likely to progress when LMI is not involved or the LVR is less than or equal to 80%. You have mentioned serviceability so that may have been a factor t…[Read more]

  • Don Nicolussi replied to the topic how to borrow more / unlimted finance in the forum Finance 9 years ago

    Cash flow is oxygen when building a property portfolio particularly if you want to delink your “JOB” from your ability to invest.

  • Don Nicolussi‘s profile was updated 9 years ago

  • Possibly domestic factors are having a greater effect at the moment.

  • Don. replied to the topic Mortgage Broker Fees in the forum Finance 9 years, 1 month ago

    The quote and proposal is a good development as you will see what the broker receives from the lender and also their fees if any at the outset. Often the broker will discuss fees, commissions and clawback (the fact that the bank simply takes back the commission if the loan is discharged within certain time periods) as part of the initial…[Read more]

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Don Nicolussi

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