Total Members: 158,564

Packer

  • Packer replied to the topic Which countries can australians buy property in the forum 85eternal wrote:Hi all, 11 years, 6 months ago

    85eternal wrote:
    Hi all,
    I'm new to this website. I done a search for looking at investing in Brazil on this forum but didnt find any answers. I recently came from a trip in south america and fell in love with the the country and people and from what I've been told and have researched it is going to emerge as a strong economy. Does anyone know…[Read more]

  • Packer replied to the topic Anyone used Momentum Wealth in WA? in the forum Help Needed! 11 years, 6 months ago

    ktastrphe wrote:
    I never used them for purchasing anything. I went in to have a chat to their loan broker and was shocked when she said she would charge a fee for every loan she processes, on top of her commissions. She also told me about two lemon investments she had bought in the last year or so, which didnt impress me seeing as she worked at…[Read more]

  • Packer replied to the topic Anyone used Momentum Wealth in WA? in the forum Help Needed! 11 years, 6 months ago

    Hi, I use there Loan broker and PM, so if there are any questions you would like me to answer I am happy to anser them

  • Packer replied to the topic Gladstone in the forum Help Needed! 12 years, 10 months ago

    The government's announcement today broken down -* 20 billion dollar contract                                                                                                   * 6000 jobs during construction                                                                                      …[Read more]

  • Packer replied to the topic 94 feet round 2 in the forum Heads Up! 12 years, 12 months ago

    Thomas75 wrote:
    I have bought a property from them before. Did you proceed with the sale?

    HI Thomas, I havn't yet but i am literally about to finalise my finance so that I do.How did you go with all your dealings with them?Where and what did you buy if you don't mind me asking?

  • Packer replied to the topic Brunswick locals, talk to me in the forum Help Needed! 13 years, 1 month ago

    Hi Glenn,Thanks for the advice, I'm glad you took the time to write your opinions.I must say though I am always Pesimist, so I don't know if it is just what I want to hear orBrunswick is a fair buy.I went through your posts and sadly noticed you come by some hard luck with an off-the-plan purchase.How are you going with that still??Sounds like…[Read more]

  • Packer replied to the topic 6 year rule – principal place of residence in the forum Legal & Accounting 13 years, 3 months ago

    Dan42 wrote:

    Packer wrote:
    What is the 6 year CGT exempt rule??I thought you had to live in it for 12months beforeyou void CGT on sale!Or is that a W.A thing?

    You do have to have lived in the property, but there is no set time. The '12 months' you are thinking of probably relates to the First Home Owners Grant.

    Ah yep, got ya

  • Packer replied to the topic Capital Gains query in the forum Legal & Accounting 13 years, 3 months ago

    luke86 wrote:
    The sale will be CGT free under the '6 year rule' if you are renting a place elsewhere. There are a million posts on the forum about this one, just do a quick search for it.Cheers,Luke

    Thanks Luke, I guess where I'm scratching my head here is, what is the "6 year rule"? Is it saying that once I have lived in my PPOR for over 12…[Read more]

  • Mike,You the man, still going over all the points, cheers mate a true gentleman.Packer

  • Packer replied to the topic TO CROSS OR NOT TO CROSS in the forum Finance 13 years, 4 months ago

    Thanks No1,I will mention this to my broker, but I had a sit down with the lender and she was paying hard basket.I have mislead you a bit also I appologise. One of the houses that is crossed is my parents (which is owned outright) and my one which I have about 100k equity. As my LOC is 270k and the investment is in Brazil,  they don't recognise…[Read more]

  • Packer replied to the topic TO CROSS OR NOT TO CROSS in the forum Finance 13 years, 4 months ago

    HI Markymarko,I don't know to much about this industry, but I cross collaterized to purchase an IP in Brazil a few years ago.I am now in a situation where I am looking to purchase another IP and the bank won't let me uncross.Problem for me here is that these properties ,they have used as security, and now I want to draw equity from one of them…[Read more]

  • Packer replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 13 years, 5 months ago

    This may sound stupid but what does CF stand for?

  • Packer replied to the topic Investment learnings in the forum Help Needed! 13 years, 5 months ago

    Thanks guys, I will look into it, I like the magazine idea….why didn't I think of that.

  • Packer replied to the topic Game plan needed for new investor in the forum Help Needed! 13 years, 5 months ago

    New Investor 01 wrote:
    Hi all,Would love a bit of advice if possible.We're a young couple, no dependents and ready to buy a house in 2011. No property yet, and on low rent of about $800/month combined. My partner wants to buy a nice first property around $600k to live in and rent the spare room out. By 'nice' I mean no reno needed, and in a good…[Read more]

  • Packer replied to the topic What suburbs in VIC & QLD would you recommend investing/buying in? in the forum Help Needed! 13 years, 6 months ago

    mattnz wrote:

    Packer wrote:
    I don't know to much about property but I know a thing or two about the oil & gas industry.I have been heavily involved on some of the biggest projects in Australia and yes, I am  karratha ladBorn and bred. So I also know a thing or two about the effects these major jobs has on a community on all aspectsincluding…[Read more]

  • Packer replied to the topic What suburbs in VIC & QLD would you recommend investing/buying in? in the forum Help Needed! 13 years, 6 months ago

    40 billion, 65 billion, 10000 people being employed……….sounds like a sure thing.I accept defeat, better get in before it's too late :)

  • Packer replied to the topic What suburbs in VIC & QLD would you recommend investing/buying in? in the forum Help Needed! 13 years, 6 months ago

    I don't know to much about property but I know a thing or two about the oil & gas industry.I have been heavily involved on some of the biggest projects in Australia and yes, I am  karratha ladBorn and bred. So I also know a thing or two about the effects these major jobs has on a community on all aspectsincluding overpriced houses and <moderator:…[Read more]

  • Packer replied to the topic Background check on Develepor in the forum Help Needed! 13 years, 6 months ago

    Ha ha, trying to get some others view maybe even someone who has also bought there,no such luck. It is risky, quite a complex contract due to Heitage overlays but I believe the price is rightfor a 2 by 2 loft apartment in this area, there is only 28 dwellings between the 2 Kilns, unique.I don't mind risks, also bought in Brazil last year, now that…[Read more]

  • Packer replied to the topic Background check on Develepor in the forum Help Needed! 13 years, 6 months ago

    Have you heard of the "Hoffmans Brickworks Apartments' in Brunswick, Melbourne?They are re-developing the old kilns.

  • Packer replied to the topic Principal&Interest or Interest only in the forum Help Needed! 13 years, 6 months ago

    onthemoney wrote:
    Hi Packer I definitely recommend I/O loans if you are building a portfolio, in fact I would even suggest having a PPR set up as I/O as well. Whats the point of paying principal now when at some stage later on you will sell one and pay out the debt entirely. Any spare funds you have you can and put into your offset ready for the…[Read more]

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