PropertyInvesting.com | gibbo1 | Activity https://www.propertyinvesting.com/members/gibbo1/activity/ Activity feed for gibbo1. Mon, 06 Apr 2026 07:27:13 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f3a336a364522abcbdb6179ff0d9ce7b gibbo1 replied to the topic Working from Home in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407025-working-from-home/#post-4672981 Fri, 06 Jul 2012 11:24:16 +0000 Hi,Also if you live in a strata complex you may need permision from the body corp.  As above if its just you working on your own – no probs, but extra visitors or parking and this will raise some concerns in some complexes.RegardsGibbo

]]> ab884a45466f79f06ba9a3871cb22b79 gibbo1 replied to the topic Proposition to partnership with a Capital Invester query in the forum Without knowing more...run https://www.propertyinvesting.com/topic/4406939-proposition-to-partnership-with-a-capital-invester-query/#post-4672422 Sat, 23 Jun 2012 11:15:04 +0000 Without knowing more…run

]]> a88f5dd4f933ca719987b53c3ca30fdf gibbo1 replied to the topic Purchaser Pulling Out with Dodgy Clause in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406927-purchaser-pulling-out-with-dodgy-clause/#post-4672349 Thu, 21 Jun 2012 12:03:21 +0000 Hi,

Not a lot that can be done to enforce the contract with that clause. The main thing is to learn from it and not accept a clause like that in the future.

Regards

Gibbo

]]> 41c9958d2ff691ab6d771403c0fab298 gibbo1 replied to the topic 'subject to finance' clauses and OTP contracts in the forum Finance https://www.propertyinvesting.com/topic/4406821-subject-to-finance-clauses-and-otp-contracts/#post-4671592 Mon, 11 Jun 2012 08:58:22 +0000 Hi Jaq,At best with a OTP, you may have a 7 day cooling off period but they do become pretty water tight once the offer has been accepted.RegardsGibbo

]]> 99fe8c6a33ee84147de1c23b3f855f7e gibbo1 replied to the topic How to break a fixed rate exit fees in the forum Finance https://www.propertyinvesting.com/topic/4406707-how-to-break-a-fixed-rate-exit-fees/page/2/#post-4670829 Sat, 09 Jun 2012 12:35:41 +0000 Hate it when when facts get in the way of a good story

Also what Terry has quoted is current regulations, not a bill that may or may not get passed in current form

]]> 2e78a40a4bb90b384396b10298389733 gibbo1 replied to the topic How to break a fixed rate exit fees in the forum Finance https://www.propertyinvesting.com/topic/4406707-how-to-break-a-fixed-rate-exit-fees/#post-4670819 Thu, 07 Jun 2012 13:06:35 +0000 Without a break fee, banks wouldn’t be able to offer fixed rates. Over a period of time the bank expects the fixed rate to balance out. If a consumer could get a cheaper fixed rate now and then change to a cheaper variable rate in the future without penalty…why would banks offer the cheaper fixed rate.

For some people fixed rates are an…[Read more]

]]> 2e80a6807f4ae8344099c8664ee57a89 gibbo1 replied to the topic Borrowing for third or fourth property in the forum Finance https://www.propertyinvesting.com/topic/4406757-borrowing-for-third-or-fourth-property/#post-4671193 Mon, 04 Jun 2012 06:56:18 +0000 Hi,

What a good broker will do is place your initial properties with lenders with tighter credit policies, as you borrow more then use other borrowers that have credit policies that allow more properties, take a higher amount of rental income into consideration, etc.

Regards

Gibbo

]]> 20224adeff2d5e4345d3cf62cf441812 gibbo1 replied to the topic Reno fliP finance in the forum Value Adding https://www.propertyinvesting.com/topic/4406745-reno-flip-finance/#post-4671085 Sun, 03 Jun 2012 04:30:17 +0000 Hi,

As others have mentioned the broker will have to payback the commission. If you talk with the broker about what your aims are they can arrange a service fee to ensure they make money but a good broker should realise that you will become a regular customer in the future and help make it beneficial to both.

Regards

Gibbo

]]> ef4f6622ad7e6af84f3805b75c485e57 gibbo1 replied to the topic Property managment fees and getting a property to 8% rental yeild in the forum Help Needed! https://www.propertyinvesting.com/topic/4406746-property-managment-fees-and-getting-a-property-to-8-rental-yeild/#post-4671100 Sun, 03 Jun 2012 04:24:13 +0000 Hi,

Different properties will achieve different returns at different times through the property cycle. 8% rental yield is a great bench mark, but just because its not achieving that doesn’t mean its not a good investment. Definitely keep an eye on the property to see what you can do to be able to increase the rent charged but don’t try and cut…[Read more]

]]> 6a2a9a02a7f46992d8f9b9541c42ed44 gibbo1 replied to the topic urgent!..buying before rural vic FHOB ends? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406732-urgent-buying-before-rural-vic-fhob-ends/#post-4671004 Thu, 31 May 2012 06:52:54 +0000 Hi,

If it is your PPOR then you want plenty of capital gain as you wont pay any CGT on it.

Regards

Gibbo

]]> e2c68ca3ad1d65090d4e4b1794afa6a2 gibbo1 replied to the topic Investment In Mining Areas in the forum Hi, This probably is the https://www.propertyinvesting.com/topic/4406716-investment-in-mining-areas/#post-4670916 Thu, 31 May 2012 06:26:41 +0000 Hi,

This probably is the opposite to what I posted on the thread about defense force housing.

Once again it is risk / reward. Mining towns are giving some great returns…but there are risks. Julia and Swanny love mines so pay for endless cash handouts to by votes. Some mines may become unprofitable overnight with a tax increase. I used to…[Read more]

]]> 1ce45165e98d4d89045676cb69965ebe gibbo1 replied to the topic Asbestos Kit in the forum Help Needed! https://www.propertyinvesting.com/topic/4406731-asbestos-kit/#post-4670999 Thu, 31 May 2012 05:34:00 +0000 Hi,

What state are you in? I know of a labatory that tests for it in Perth.

Regards

Gibbo

]]> 9062513f9186a65184885c616f099592 gibbo1 replied to the topic defense housing in the forum General Property https://www.propertyinvesting.com/topic/4406727-defense-housing/#post-4670968 Wed, 30 May 2012 13:26:14 +0000 Hi,

Like most investments it comes down to risk/reward. If you deposit $1000 in a savings account you will have $1001 in a years time. Someone on gumtree may offer to pay you 20% interest so potentially in a years time you will have $1200, but also possible to have nothing.

Defense force housing is the easy and safe option of property investing.…[Read more]

]]> a9fbba23f450bfc214400f6d950010e2 gibbo1 replied to the topic Splitting a cross-collatoralised loan in the forum Finance https://www.propertyinvesting.com/topic/4406684-splitting-a-cross-collatoralised-loan/#post-4670621 Sat, 26 May 2012 10:43:52 +0000 Can normally tell which posts are on the tablet. Terry maybe time for an iPad

]]> 83e372403538afe84995a9ffe2481e02 gibbo1 replied to the topic investment structure for investment property in the forum Hi, With the various https://www.propertyinvesting.com/topic/4406678-investment-structure-for-investment-property/#post-4670576 Fri, 25 May 2012 08:42:14 +0000 Hi,With the various options1) you will loose some tax deductability, but not a bad option depending on various circumstances.2) BAD option, search the forums – plenty of comments3) Redrawing the money off the existing loan will then contaminate the loan as it mixes deductable and non deductable loans into one.  This is close to the option I list…[Read more]

]]> ef3aefe51cb4112cfaaf6c2c85132576 gibbo1 replied to the topic Equity from Investment Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4406655-equity-from-investment-property/#post-4670442 Fri, 25 May 2012 08:28:09 +0000 BB2012 wrote:
I am not clear about the issue if the bank cross collaterise the new loan with the investment loan. Can you please explain a bit more?. Thanks for the help.BB2012

Hi,When they cross collaterise your loan they will give you 1 loan for 100% but secure it against two properties.  This can be avoided by having two seperate loans – 1…[Read more]

]]> 22159a00af6edb2d1f74ac8661271fed gibbo1 replied to the topic redraw v/s split loan in the forum General Property https://www.propertyinvesting.com/topic/4397577-redraw-vs-split-loan/#post-4610511 Tue, 22 May 2012 20:39:39 +0000 Plus he dug up a three year old thread so he could advertise on first post

]]> 7555a55b04c2ece39073bd9532909ad9 gibbo1 replied to the topic Equity from Investment Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4406655-equity-from-investment-property/#post-4670437 Tue, 22 May 2012 14:09:12 +0000 Hi BB,

Welcome to the forum.

Drawing equity of $75k will take the LVR up to 91%, so you will then have to pay LMI for that as well. The ATO will look at what the purpose of the loan is for – being purchase of PPOR it would make the $75k non tax deductible. If you do go ahead with this ensure that they are seperate loans so not to mix…[Read more]

]]> 142921ce28d3a95250d23997632f400d gibbo1 replied to the topic PROPERTY OFF THE PLAN........ SETTLEMENT = OVERVALUED! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406647-property-off-the-plan-settlement-overvalued/#post-4670358 Tue, 22 May 2012 07:36:36 +0000 Unfortunately most OTP contracts are pretty water tight and aren’t subject to finance approval.

]]> 1f3f6789987e0ce12266a121f7bd2601 gibbo1 replied to the topic PROPERTY OFF THE PLAN........ SETTLEMENT = OVERVALUED! in the forum Help Needed! https://www.propertyinvesting.com/topic/4406647-property-off-the-plan-settlement-overvalued/#post-4670354 Tue, 22 May 2012 04:54:46 +0000 Hi,

You will find most likely the developer wont negotiate. I bought my current PPOR as a OTP during the property boom in Perth. Some little event called GFC happened between me putting ink on paper and settlement. I would of been down around $50k at settlement and it did continue to fall. There were a number of people who bought a $600k…[Read more]

]]> 8cefe8aa1677cd2bd172c67f1e538759 gibbo1 replied to the topic Loan structure and proportion of ownership in the forum Help Needed! https://www.propertyinvesting.com/topic/4406641-loan-structure-and-proportion-of-ownership/#post-4670178 Mon, 21 May 2012 13:13:10 +0000 Hi,

Redrawing will mix deductible and non deductible debt. To avoid this you can setup an interest only loan on the PPOR for 20% of the purchase.

There are many factors in regards to income. If it is negatively geared, yes it will reduce your husbands income. If you were to do small renos you may be able to increase rent ( plus rent increases…[Read more]

]]> 9531a973cc0afab22f24c51f1126733e gibbo1 replied to the topic Property managers in Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4406642-property-managers-in-perth-2/#post-4670184 Mon, 21 May 2012 13:03:58 +0000 Hi,

Give Harcourts in Maylands a call. They have a pretty good reputation.

Regards

Gibbo

]]> 30cc13507f78686144f1650e8ba2a011 gibbo1 replied to the topic Property Management in the forum Help Needed! https://www.propertyinvesting.com/topic/4406558-property-management-8/#post-4669572 Sat, 12 May 2012 22:48:27 +0000 Hi,If you do go the full time property manager, I also support Kristin's recommendation of Harcourt's.  The manage a couple of apartments in my complex and they have worked well with the strata to remove difficult tenants.RegardsGibbo

]]> 647fe7520f776f138f2aca68d32892eb gibbo1 replied to the topic New investor - loan structure in the forum Finance https://www.propertyinvesting.com/topic/4406546-new-investor-loan-structure/page/2/#post-4669526 Fri, 11 May 2012 11:09:51 +0000 I think Jamie's first comment in this thread sums up a few people's views on the current broker…run from him

]]> b1e95dd311d1e2a9b84db666a5097f0f gibbo1 replied to the topic New investor - loan structure in the forum Finance https://www.propertyinvesting.com/topic/4406546-new-investor-loan-structure/#post-4669509 Wed, 09 May 2012 11:47:35 +0000 Hi PF,Yes, by reducing your P/I loan and the investment loans staying as IO this will help improve your cash flow.The subsquent purchases can have the deposits funded by equity in both your PPOR and IP's.  RegardsGibbo

]]> 6c00ee423b7a41a67d1c1a1fe39c1c16 gibbo1 replied to the topic Bankers definition of Credit Purchase Transactions in the forum Creative Investing https://www.propertyinvesting.com/topic/4406534-bankers-definition-of-credit-purchase-transactions/#post-4669405 Mon, 07 May 2012 11:27:43 +0000 One of the biggest problems is having a vendor selling a property that accepts credit cards. If I go to hungry jacks and buy a whooper with my credit card it’s a purchase, but if they didn’t offer eftpos and I had to take money from the ATM to buy my food, then I would be paying the higher interest rate.

]]> 0e3b0150de02e396e4717d0803a9149e gibbo1 replied to the topic New Investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4406535-new-investor-12/#post-4669409 Mon, 07 May 2012 11:22:27 +0000 Hi,

My suggestion is to spend a bit of time reading through the forums, property magazines and books. By just meeting up with one broker you will only get one view. Having done some research prior you will have a better idea of what you are comfortable with and can ask more questions of the broker.

If you want to PM me your email address I can…[Read more]

]]> ebaff8d5b137ecda0374cc72f63aa621 gibbo1 replied to the topic Landlord Handbook? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406532-landlord-handbook/#post-4669396 Mon, 07 May 2012 11:14:35 +0000 Hi

Would also be good to provide some information on strata companies. It amazes me how many people who own apartments who have no idea what stratas do and the owners responsibilities for the tenants regarding a strata scheme

Regards

Gibbo

]]> 3aa5905806abe6b7ebc264c26b54ebb0 gibbo1 replied to the topic Expressions of interest on subdivided property 9 kms from melbourne CBD? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406518-expressions-of-interest-on-subdivided-property-9-kms-from-melbourne-cbd/#post-4669224 Sun, 06 May 2012 12:28:16 +0000 Hi,

You could always have a chat with a REA, if they know the property is coming up they can mention it to clients. When it comes time to list they may already have a list of a few people interested in buying.

Regards

Gibbo

]]> e3688ed55c138a0f1cbdd3b4e65ec8c4 gibbo1 replied to the topic Southbank (3006) - Lowrise Apartment Proscpects In Future in the forum Help Needed! https://www.propertyinvesting.com/topic/4406522-southbank-3006-lowrise-apartment-proscpects-in-future/#post-4669252 Sun, 06 May 2012 12:24:30 +0000 sorry my crystal ball is broken this evening

]]> 039c48510eb0322450687dcdf6717966 gibbo1 replied to the topic Southbank (3006) - Lowrise Apartment Proscpects In Future in the forum Help Needed! https://www.propertyinvesting.com/topic/4406522-southbank-3006-lowrise-apartment-proscpects-in-future/#post-4669250 Sun, 06 May 2012 12:18:14 +0000 Hi,

It’s very hard to provide any advice with that amount of information. Is it a PPOR or IP, what are you wanting to achieve?

Regards

Gibbo

]]> d9346116f23c6911ea67badb079997f8 gibbo1 replied to the topic Becoming a mortgage broker in the forum Finance https://www.propertyinvesting.com/topic/4391536-becoming-a-mortgage-broker/page/4/#post-4577913 Sun, 06 May 2012 09:38:16 +0000 Hi David,

Are you still in contact with the previous broker you worked for? You could look at getting them to mentor you and using their aggregator.

Regards

Gibbo

]]> 53fdd97598b786ba87b32ba08a8a0d95 gibbo1 replied to the topic Will adding landscape to property make it worth more in the long run? in the forum Creative Investing https://www.propertyinvesting.com/topic/4406495-will-adding-landscape-to-property-make-it-worth-more-in-the-long-run/#post-4669029 Fri, 04 May 2012 22:45:23 +0000 Landscaping can also help increase rental return. With this though you want very low maintenance, low water consumption gardens

]]> f18ddcad87ea3cc43b949bb1a7abb87b gibbo1 replied to the topic Wages Software - Can Anyone Help or Suggest? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4405409-wages-software-can-anyone-help-or-suggest/#post-4660405 Sun, 18 Dec 2011 02:07:17 +0000 Hi,

Another option is an online program such as http://www.paysonline.com.au/ There are a number of similar sites around.

Regards

]]> 6f804d4451b5ecc05b57f3d385ed4b1f gibbo1 replied to the topic Can not get a $300k loan on $3M rural property I own outright in the forum Finance https://www.propertyinvesting.com/topic/4401503-can-not-get-a-300k-loan-on-3m-rural-property-i-own-outright/#post-4634051 Fri, 15 Oct 2010 07:52:58 +0000 Every time you make an application for credit – whether a home loan or a store credit card – there is an entry onto your credit file. Part of the paperwork you sign allows the bank access to your file and for them to report to the credit agency

]]> 37614199fb4b67e9c59aeb051dc39447 gibbo1 replied to the topic I'm employing someone on the dole. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4401506-im-employing-someone-on-the-dole/#post-4634091 Fri, 15 Oct 2010 07:50:49 +0000 There are many issues involved in employing someone. Even the simple thing of super shows how easy it is to get bad advice. If you failed to pay the super you would be having a few issues with the tax office. As Terry started to touch on – Work Safe or the name of it in your state. Work place safety is big and complicated, if not done…[Read more]

]]> b426246706d5f0cb6d51b89313260deb gibbo1 replied to the topic Can not get a $300k loan on $3M rural property I own outright in the forum Finance https://www.propertyinvesting.com/topic/4401503-can-not-get-a-300k-loan-on-3m-rural-property-i-own-outright/#post-4634049 Fri, 15 Oct 2010 07:43:03 +0000 Hi and welcome to the forum

Unfortunately for yourself but lending conditions have changed. I actually think banks are becoming more responsible in lending. Yes you only want $300K on a property you believe is worth $3 million. The bank is not only focused on the value of your asset but also the your abilitiy to repay. As a large percentage of…[Read more]

]]> 35c243802f51e7fe54a2a64882e17c8b gibbo1 replied to the topic MIAMI (ad)VICE in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401354-miami-advice/page/2/#post-4632809 Mon, 11 Oct 2010 14:09:26 +0000 Hi all,

I’m another thinking of taking the plunge with the US market. I have been thinking of traveling to the states for awhile. Now with the USD and my thoughts of purchasing property there, now may be the best time to do it. I will follow this thread closely. Sounds like there are quite a few Aussies out there with some good contacts.

]]> 2e9d8b0a4645b04bd9ce2b21a13f8791 gibbo1 replied to the topic Self Mortgaging on PPOR As Asset Protection in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397065-self-mortgaging-on-ppor-as-asset-protection/#post-4608306 Tue, 01 Sep 2009 03:43:48 +0000 Hi Cindy & Brian,Do you have a specific risk of being sued, ie the profession you work in has a high risk of litigation?  If its this side of things that you are worried about then it may be worth seeking legal advice to setup your legal structure for work ie all work related deals go through a company.  Also having the appropriate insurance in p…[Read more]

]]> 4a10b67b88cda9d99098c6e1faf05386 gibbo1 replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! https://www.propertyinvesting.com/topic/4395485-mortgage-broker-commission-and-trailing-fees-rebate/page/4/#post-4599614 Tue, 01 Sep 2009 03:28:51 +0000 Michael,Your still so focused just on one area of this analysis.  It took numerous posts for other members to highlight the effect of time/inflation.You are saying that if a broker rebates these fees they are more generous then Alistair.  NOPE WRONG.  Rebating these fees isn't done to give them a nice warm fuzzy feeling at night it is their SA…[Read more]

]]> 66bdbf51f531ea33bff80f7835bc5be3 gibbo1 replied to the topic Should I sell? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397130-should-i-sell-4/#post-4608581 Mon, 31 Aug 2009 11:03:18 +0000 From the information in your post I would sit on them.  At the moment they bringing in rent and appear to be CF+.  You have gained some capital gains to help fund further expansion of your portfolio.As you said if you sell them you wont be able to do anything else, so you wont be missing out on a better opportunity.  As longs as they dont cause yo…[Read more]

]]> a371c4b19694bb0dc2a24a399a86432c gibbo1 replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! https://www.propertyinvesting.com/topic/4395485-mortgage-broker-commission-and-trailing-fees-rebate/page/3/#post-4599607 Mon, 31 Aug 2009 06:56:52 +0000 I was going to type a long reply but will save my breath.  I cant see this thread improving

]]> 5ec2187574e884a97e23beb8656c9da3 gibbo1 replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! https://www.propertyinvesting.com/topic/4395485-mortgage-broker-commission-and-trailing-fees-rebate/page/3/#post-4599603 Mon, 31 Aug 2009 04:42:09 +0000 Michael,Just something a bit of topic.  Assuming all brokers charged an upfront fee for the service and rebated 100% of the commission.  How long do you think banks would keep commissions for?If banks stopped paying commissions do you think that borrowers will receive a cheaper rate?How many borrowers may go with the cheapest upfront fee and ge…[Read more]

]]> 62c356f0134aba57f111f2759aa2c262 gibbo1 replied to the topic Student studio apartments for +CF in the forum General Property https://www.propertyinvesting.com/topic/4397076-student-studio-apartments-for-cf/#post-4608359 Tue, 25 Aug 2009 03:06:22 +0000 Depending on the size of the appartment it could raise some difficulties in securing finance or LMI.  Also depending upon how many units are in the complex and the level of exposure a single lender or insure has may also raise difficulties.  This is on top of other issues with student housing.  If you do a search of this site for student ho…[Read more]

]]> 36dd8351d7944a55920438f4698c8674 gibbo1 replied to the topic Vendor wont accept offer? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396944-vendor-wont-accept-offer/#post-4607698 Fri, 14 Aug 2009 10:40:06 +0000 I'm with Maree,What you need to do is create a win-win situation.  The two issues that the vendor has is they need cash now for their business but if settlement occurs immediately they will be out of pocket for pentalty fees for the fixed rate loan.Your issue is you dont want to pay more then $210K.The agents issue is they want the commission…[Read more]

]]> 96fbfc3a2836bf13720345c8ebe15778 gibbo1 replied to the topic Wanted to buy investment Property in specific block in the forum General Property https://www.propertyinvesting.com/topic/4396600-wanted-to-buy-investment-property-in-specific-block/#post-4605861 Tue, 30 Jun 2009 01:45:52 +0000 Depends upon your timeframe.  Worse thing when you go out and target a specific property, the vendor will know how much you are wanting to get in to it.  You will then probably end up paying a premium.  If you have a couple of local REA that you know ask them to keep an eye out, but some of them will then end up doing letter box drop/sending le…[Read more]

]]> f4168949f59308acd87bf06fb2620417 gibbo1 replied to the topic sub letting in the forum Help Needed! https://www.propertyinvesting.com/topic/4396584-sub-letting-2/#post-4605799 Mon, 29 Jun 2009 07:04:36 +0000 Got to be careful of including utilities, especially when your not living in the building.  Its amazing how many fan heaters, plasmas, computers, stereos, etc can be run at the same time in a 3 bedroom house.  If you have international students coming from a "hot" country living in a cold state – fan heaters at $20 are a good option when they d…[Read more]

]]> 4c5f9c1d25991a288bc1cf5251c46c04 gibbo1 replied to the topic Air conditioning worth it? in the forum Value Adding https://www.propertyinvesting.com/topic/4395236-air-conditioning-worth-it/#post-4598340 Sun, 28 Jun 2009 07:04:39 +0000 Nowadays many tennants expect air-con.  They have trouble remembering 10 years ago without it.  I believe if you have happy tennants then you are more likely to reduce the amount of vacancy.  Spend the money on a decent unit. 

]]> debefb92102d490156b1efb80ca0b4db gibbo1 replied to the topic 10% deposit - interest deductible? in the forum Finance https://www.propertyinvesting.com/topic/4396580-10-deposit-interest-deductible/#post-4605756 Sat, 27 Jun 2009 09:19:35 +0000 Lil,If you redraw from you existing loan account then you will have a mixture of investment and personal borrowings mixed in together.  Depending on your level of equity, another option is to take out a LOC credit secured on your PPOR to fund the 10%.  This LOC can jbe used again to fund future IP's as equity increases.  Depending on ci…[Read more]

]]> 41afe9fb6748336d23ad1cd0b1a4c8d6 gibbo1 replied to the topic Tenant's request to break lease. in the forum General Property https://www.propertyinvesting.com/topic/4396552-tenants-request-to-break-lease/#post-4605633 Sat, 27 Jun 2009 09:09:00 +0000 Linar,Yes the leases had been terminated.  This was in the days in Perth where 1 small advert in the paper was enough to get 10 people through a home open.  I agree with Linar regarding keeping the tennants happy.  Small investments in quality appliances can save headaches down the track

]]>