PropertyInvesting.com | Novacastrian | Activity https://www.propertyinvesting.com/members/novacastrian/activity/ Activity feed for Novacastrian. Thu, 16 Apr 2026 10:45:13 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bb69ddfa7cec8d79d577515676c02524 Novacastrian replied to the topic Buying 2nd IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4407330-buying-2nd-ip/#post-4675192 Sun, 12 Aug 2012 05:34:59 +0000 Hi everyone,
CF+ created by potential tenants bidding for property to rent. due to shortage in the Hunter region. The tenants that are in the house bid $50.00 over the rent that we thought we would get. After all purchase costs, the tenants are actually paying the mortgage with a little left in reserve.
Peter

]]> 2f65dcd0561b91c3aceea2f8a3ce4127 Novacastrian replied to the topic Buying IP's via SMSF in the forum General Property https://www.propertyinvesting.com/topic/4406852-buying-ips-via-smsf/#post-4671793 Sat, 11 Aug 2012 07:35:10 +0000 Hi Shahin, due to property shortages in the Hunter region we were able to secure tenants that offered extra rent to secure the property. Hence the mortgage LVR 80% is paid by the tenant.
regards
Peter

]]> c1c22534126afb571f18cd02df22f008 Novacastrian replied to the topic Buying IP's via SMSF in the forum General Property https://www.propertyinvesting.com/topic/4406852-buying-ips-via-smsf/#post-4671791 Fri, 10 Aug 2012 06:03:10 +0000 Hi everyonee, I have purchased a property through my SMSF which I am happy to say is positively geared. I am now looking to buy another. Is 15000 enough for finance people to look at us purchasing with.? 

]]> f870d87c9aca70c0cb154244169354c0 Novacastrian replied to the topic Documentation for SMSF in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407283-documentation-for-smsf/#post-4674890 Fri, 10 Aug 2012 05:53:32 +0000 Hi JacM, I to have an accountant that looks after all the compliance stuff for SMSF. It can get very complicated. At least I don't have to worry. Cheers Peter

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