Phorsha replied to the topic Leveraging Investment property to purchase first home in the forum Help Needed! 6 years, 6 months ago
I might get on this bandwagon and ask for some help too if i can. I’m trying to get my first IP soon, macquarie have asked me the fowlloing questions i am not sure if i’ve answered correctl.
3) regarding your preferred loan structure:
a) did you prefer 2 separate loans? Yes
b) for the loan increase to the current property – if you choose…[Read more]
Phorsha replied to the topic *Perth people who have subdivided in the past couple of years* in the forum Help Needed! 6 years, 6 months ago
Excellent thank you, I had 35k down just to be safe.
Now to find something!
Phorsha started the topic *Perth people who have subdivided in the past couple of years* in the forum Help Needed! 6 years, 6 months ago
I am trying to get an insight as to how much it would cost to subdivide a block whilst retaining the front property. Was hoping someone might be able to share their excel spreadsheets and knowledge as this will enlighten me with what is required and the costs associated with surveying, application to council fees, legal fees, water corp…[Read more]
I’ve changed my tune, the list is now;
Now the hardest part, finding ‘the one’. I want something that i can subdivide in the near future.
According to Rory O'Rourke the best places to invest in Perth for 2014 are;
Phorsha replied to the topic Amazing tiler in Perth + other tradie recommendations in the forum Value Adding 8 years, 7 months ago
Hi there, would love to see the list, tried to PM you but it said "wisepearl is not accepting e-mails."Thanks
Well there you go…I find that fascinating that when you borrow money from a bank its a prerequisite to get these reports done but when they sell they change the rules (sort of)Oh well you learn something new everyday!
The agent called today and said the property went for over $500k which he said was even a suprise to him. There was no way i could compete with that and i'd prefer hearing that than losing a house for a couple of grand.
Put in 480k, as soon as i said subject to the sale of my house the agent made it very obvious I didn't stand a chance. He also said there would be no counter offers because the owners expectations had already been exceeded by the other offers.SUCKS!
It's a suburb where there are 500k houses and 1.5 million dollar houses (depending how close you are to the ocean). Where this houses is there are ocean glimses. It's an old but in good condtion 3×1 on a 680sqm block.According to realestate.com.au these are the annual average house prices of this suburb for the past 5 years. 2007 $624,500 16.7% 2…[Read more]
Turns out this is the cheapest fee schedule i can find….anyone got any recommendations for a Perth NOR property manager that charges more like what people get over east in melb etc? I am starting to think i should do this myself but have no idea where to start, seems a lot of paper work (initially anyways)…
I can't find a property manager under 9.35% in Perth so for you to just pay $15 a week is worth the peace of mind in my opinion, in saying that, it would be a good experience for you to manage yourself especially if they are good easy going tenants.
Thank you, that is some very valuable and appreciated information. You may find a quantity surveyor may be useful in working out what you can depreciate.You are paying $400 more a month than is required so my question is are you likely to be renting out the place for more than 12 months and are you planning on buying more investment properties…[Read more]
I made my dad call so I could get the discount
lol…..so its OK if you defraud others, but if they do it to you, you have a big whine?
5% man….If he does 5 jobs a day each at $88 bucks a pop he will take home $2200 pw, I don’t think me getting a 5% discount is going to put him in any financial trouble. I…[Read more]
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