Total Members: 158,965

jaypee

  • jaypee replied to the topic Just one tip… in the forum No Subject 19 years, 1 month ago

    Hello,

    One advise would be to stay positive.
    If you say you could do it, then you think of solutions or ways you could achieve your goals.

    If you are negative or you never think you are going to reach your goals, your brain does not even bother – it just gives up.

    JP

  • jaypee replied to the topic My first property mess in the forum Help Needed! 19 years, 2 months ago

    Hello lamo0011,

    Before letting the vendor rent back you could have gotten the real estate agent to hold some money back from your settlement – for situations like this, where the vendor that is renting back trashes the place. Pretty much like a bond. Maybe it could have covered the extra damage you had to fix up.

    I have done this with my first…[Read more]

  • jaypee replied to the topic Mortgage Insurance in the forum No Subject 19 years, 2 months ago

    Thanks TMA and TerryW.

    I will take both of you advises and talk to an accountant.

  • jaypee replied to the topic Mortgage Insurance in the forum Help Needed! 19 years, 2 months ago

    Hello TerryW and TMA,

    If the property was acquired as PPOR and later turned into an IP, can the LMI still be claimed?

    Thanks in advance.

    JP

  • jaypee replied to the topic Cash in or stay in in the forum Help Needed! 19 years, 2 months ago

    sorry for the newbie question, but what is a PPOR?

    PPOR – Principle Place Of Residence

  • jaypee replied to the topic When are you planning to retire? in the forum General Property 19 years, 3 months ago

    Hello,

    1. Me and my partner are around 25 years old
    2. Hopefully by 45
    3. Around 50

    Re,
    Jp

  • jaypee replied to the topic interest only loan in the forum Finance 19 years, 3 months ago

    Thanks for the info MM

    I have been reading this forum for a couple of months now – its really good for getting help, especially with you guys posting here.

  • jaypee replied to the topic interest only loan in the forum Finance 19 years, 3 months ago

    Hello Mobile Mortgage and Oshen,

    So do most investors set up their loans as IO (indefinitely) with an offset account attached to it?

    Thanks in advance.

    JP

jaypee

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