propertyboy wrote:
I cant see anywhere wheter I have an offset account and I dont really want to have this loan set up then find out I dont have one.

No stress – it's easy enough to set it up in branch (providing the loan product allows it).CheersJamie

sunni1 wrote:
have a house worth 700,000 with a mortgage of 300,000 have an income of 80,000p.a. how do I get started with ip's

Work out your end goal and devise a strategy from that.Surround yourself with a good broker, accountant and others with a similar interest/mindset.CheersJamie

wealthcreation wrote:
Thanks, Richard. Yes, it will be a new lender for the new loan. Instead of "Re-Draw" what is the appropriate word? Is this kind of Split loan called Line of credit home loan or equity home loan ? Or some other name? Any online information about these kind of loans ? I am happy to look up if I know what this thing is…[Read more]

matthew.f wrote:
Any thoughts.

Try another bank.If there's a broker organising the deal they should be able to make some calls to see which lender will accept it.CheersJamie

Qlds007 wrote:
Hey Jamie keep up pal lolYou posted it 1 minute after me.CheersYours in Finance

Haha – I just noticed Welcome back to Oz.CheersJamie

Shanina wrote:
My husband and I currently buy properties and renovate them on the gold Coast. We are considering moving to Brisbane and doing the same thing but don't know which areas to even begin to look at! Can anyone suggest which areas to begin to look at to buy renovate and sell? appreciate any feedback!

Andrew Allen is an excellent BA up…[Read more]

Jamie M wrote:
That entry might be used by API magazine in their upcoming newsletter.

The condensed version that made it to API is here for anyone that's interested.CheersJamie

Scott No Mates wrote:
a bit of tongue-in-cheek Jamie. Property is too big an investment to go into lightly. gens x & y will need to acknowledge that they can't simply run off to Jools & Swanie to change the investment framework just because long term, commitment & informed consent don't meet their requirements.

Haha – I'm with…[Read more]

It can't hurt to ask.Are the other properties within the same location? If so, are you happy with the other PM? If not, could be a good opportunity to bundle them all together and offer them to this PM at a negotiated discount.CheersJamie

Simky wrote:
would you get an inspection done ? 

Absolutely! This is money well spent. If possible – try to be present during the inspection so you can have a quick chat with the inspector. If you can't be present, give them a buzz afterwards to quickly discuss the report. CheersJamie

Scott No Mates wrote:
The govt. Has provided the get out early card so it'll make life interesting if there are no exit fees.

I don't know if the Govt. early exit fee ban will have much of an effect. If someone wants to jump ship now – chances are their loan was taken out before the introduction of the legislation so they might still be up for…[Read more]

Shape wrote:
and im also only 27 + still living at home like a true Asian

I always assumed I was the young broker on the block…..I just hit the ripe old age of 29 CheersJamie

Hi thereAre you buying or selling this place?CheersJamie

Bradw82 wrote:
Hmmm… what just happened to this topic ???

Hi BradThe site was spammed really bad overnight….lots of random threads about rolex's and German email addresses……looks like it's all been cleared up now.CheersJamie

Andrew_A wrote:
[Just pointing out that people really do run out of the shop when prices are falling, and of course most are buying near the peaks.. and I'm sure will be again!

Humans……we're a funny bunch.CheersJamie

Wow, that spam attack was crazy. I logged onto the site this morning and it was 90% spam.Big thanks to the mod for cleaning it up.CheersJamie

SHales wrote:
Thanks fo the suggestions.  Great stuff.  I've drafted a letter and sent it to the new pm to look over.  It is tricky as we are in the middle of lease renewal with a long term tenant, too.  Won't manage myself as it is about 1500km from where I live.  Cheers.

Can you wait until the new lease is signed? Might make things a litt…[Read more]

Hi JackWelcome to the forum.Dolf De Roos has a decent book called 101 Ways to Massively Increase the Value of Your Real Estate without Spending Much MoneyCheersJamie

Scott No Mates wrote:
if the property is currently leased, there is precious little you can do about the presentation by the tenants, that's the way they live. If the house was vacant a stylist could provide you with as little or as much as you require – from furniture to rugs, accessories, artwork Etc……. Cost will vary with the services…[Read more]

Hi SimoneI'm going to be lazy and copy and paste a response I just made in another thread.

Hi again You just need to work out the price that you're willing to pay. To come to that price, you need to do a heap of research on the area, property, comparable sales, vendors reason for selling, etc. Once you've determined the price – base your…[Read more]