Catalyst wrote:

Be carful, it's addictive. LOL

Yep sure is

Cheers

Jamie

Nope, can't say I've heard of them.

Cheers

Jamie

Hiya

I know they have the immediate averages – not sure if they have historical ones. Just pop into a newsagent and suss out.

They have historical growth data – which is more helpful than historical rental prices IMO.

Cheers

Jamie

Check out House of Wealth.

Cheers

Jamie

Richard is quite the guru…not sure if he'd consider himself a Victorian property lawyer though.

Terry W is the forums resident legal guru. Not sure if he's servicing interstate clients. Best to touch base with him and find out.

Cheers

Jamie

….and probably best to stay away from Westpac in the future too….and probably STG/Bank SA and BoM as well

Cheers

Jamie

Paterson00 wrote:

Catalyst wrote:

wilko1 wrote:

But as I said if the PPOR you are living in now will become an IP STOP paying it down otherwise you will have another IP with no deductable debt.

Hi again as a newbie.  This little quote reflects my inexperience as I would have said that if you get rid of the principle as well as the…[Read more]

Hiya Kade

It would be worth while checking our your partners credit file (if she hasn't already). You can order online for free (takes a couple of weeks to arrive) or pay for an express service http://www.mycreditfile.com.au/

Cheers

Jamie

Yep, offsets are  a thing of beauty (wow – how nerdy of me).

For those disciplined with money, it can be handy using the offset as a transaction and savings account. You have all your income going into the account – including salaries and IP rent. Every dollar helps – even if parked in the account for a short period.  

Cheers

Jamie

tommytucker wrote:
Ugh…sounds way too hard with the odds stacked against me.

Now I feel bad. I didn't mean to sound discouraging – anything is possible. Just be aware of the pros/cons of self employment and the impact it can have in the short to medium term.

For what it's worth – becoming self employed is one of the best things I've ever…[Read more]

Hi Kade

If your partner has a default on her credit file than see if the loan services in your name alone.

Are you dealing with a financial advisor or a mortgage broker? There's a big difference between the two.

Cheers

Jamie

Welcome aboard

Cheers

Jamie

You're not going to improve your borrowing capacity by using a trust. At the end of the day – the individual behind the trust will need to declare their assets/liabilities just as they would if they were applying for the loan under their own name.

Cheers

Jamie

Personally, I think asking to speak with a PM's existing clients is over the top and there's probably some privacy issues at stake.

Besides, it's unlikely to be a true representation as they'll cherry pick a client(s) who they know will provide an excellent review.

It's easy enough to change PMs' if you feel that the on you're using isn't…[Read more]

Hi silly

I'd get on the phone to your solicitor now and get this sorted. Mention Wilko's response above and see if it can be sorted quickly using that approach.

Cheers

Jamie

Agree with Catalyst – the existing benchtop looks fine and does the trick. I can't see you getting any more rent for a flashier benchtop. It might add a little value but I wouldn't bother with it personally.

Cheers

Jamie

Sorry to hear Richard. Take care mate.

Cheers

Jamie

Hi Kade – I've never heard of it. What's the basic idea?

Cheers

Jamie

amit87 wrote:
Hi All,

Is spending 12-14k for their services worth it? All buyer's agents in Perth charge around this price range. 

Regards,
Amit

Ouch! That does seem a tad excessive.

Cheers

Jamie

Hank84 wrote:
Thanks Richard,

Any tips on where to start researching the correct structuring?

Get a decent broker on side. They'll listen to your longer term plans, discuss structure and answer any questions you have.

Cheers

Jamie