Does he have a copy of the lease agreement showing it is $300 pw?

He should speak to the Principal of the agency. If dissatisfied he needs to go to the Dept of Fair Trading and/or the Real Estate Institute in your state.

Let us know how he goes.

Cheers,

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be…[Read more]

Well a Real eEstate Agent cannot evict any tenants against the landlords wishes so ease your mates mind over that one.

I don’t really understand the problem, are you saying they promised $300 pw rent and are now getting less?

Can you explain it better?

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be…[Read more]

Seems an awful lot of effort for a minimal return [biggrin]

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

This is an expensive route. Interest rates around the 24% mark.

They will want security in the project and also need to see some track record of your past development success.

Please ensure you have exhausted other options beofre taking this path.

Cheers,

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not…[Read more]

Quite the opposite. People pay for the whole package. Noone will make an offer split into land and house value.

However if you had a Quantity Surveyor do a valuation on the property he would suggest a value for the structure but due to age it cannot be written off against your tax.

You must be aware of lovely old homes in your area worth a…[Read more]

My home is 90 years old and is of a style which is in high demand.

There is no depreciation left in it which maybe what your friend was meaning.

best wishes,

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation…[Read more]

It might be easy to change lenders when you buy the next property and do it all at once?

What does stooze mean?

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

This is inane.

Why don’t you guys just contact the company or an agent and ask if you have a serious question?

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Keira,

A commercial and a business loan are two different things. A business loan being higher risk without property security to back it up.

Cheers,

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision…[Read more]

The UCCC only covers consumer lending. ie homes, hire purchase, credit cards, personal loans and other consumer debt.

The exception is where borrowing for personal use is less than 50% of the entire loan.

Cheers,

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If…[Read more]

Purely for tax reasons. They are indicating that if you use IO then 100% of your repayments would be a deduction. This is particularly useful whilst you have non deductible debt such as a ppor loan.

All the best,

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Commercial Refinance to 95% LVR

Comments may not be…[Read more]

Thats a great story Jeff, my wife started medicine at 36 yrs old too – much the same feelings.

Cheers,

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Commercial Refinance to 95% LVR

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you…[Read more]

It is very risky.

Speak to a lender or a broker.

Cheers,

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Commercial Refinance to 95% LVR

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I would recommend you ask family and friends for a referral – is important to find a broker that you can rely on esp when you may lack the experience to tell the good from the bad.

All the best,

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Commercial Refinance to 95% LVR

Comments may not be relevant to…[Read more]

There are a lot of variables so my advice is general only.

Most people pay a PI loan down weekly. If IO then it makes little difference.

Whether you chose PI or IO will often depend on whether you have a home loan as well.

You can also reduce your PAYG tax as you go each payday. Your accountant or pay staff will help you here.

All the…[Read more]

Fantastic – still looking forward to a beer at my mate’s pub!

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Commercial Refinance to 95% LVR

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

What is the benefit of having anything nasty tolerated at all?

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Commercial Refinance to 95% LVR

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

The new amount borrowed is only deductible where it is used to purchase income generating assets.

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Please email me rather than using the PM service here.

Fully Accredited With Derivex LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may…[Read more]

They may not have reached the stage where they have put anything on your CRA. Check it thru Baycorp as suggested.

Cheers,

Simon Macks
Interest Free Home Loan Agent
simon.macks@ifhl.com.au
0425 228 985

Please email me rather than using the PM service here.

Fully Accredited With Derivex LTD and IFHL PTY LTD

***Ask about our Interest Free Home…[Read more]

appy to help you with a quickie spanky [blink]

Depends on the agency and the state.

Here in NSW it is not officially off the market until contracts are exchanged. Some Agents will advertise it as deposit aken and defer all other intetrested parties until the contracts exchange or it falls over.

If contracts are exchanged it is off the market…[Read more]