[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

July 18, 2012 - 11:23 am

Thanks guys

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

July 16, 2012 - 6:19 am

Investment Property Refinance in VIC and can be inclusive or exclusive of LMI… depends on the Val!

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

July 8, 2011 - 2:02 am

Great help as always Mike!

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

January 5, 2010 - 9:04 am

Hi, I'm also considering this at the moment.

If anyone could answer any of the following questions I would greatly appreciate it!

What is the average rate of commission at the moment? Upfront and trail?

Do any franchises other than Mortgage Choice offer a truly impartial service (as they pay brokers the same commission regardless of the lender chosen)?

Who are the most highly rated Aggregators/Franchises?

Who have the worst reputation?

Who has the best software?

Who provides the best/most leads?

Who has the best support?

Thanks in advance!

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

October 20, 2009 - 12:24 am

Thanks again for your help Mike-much appreciated!

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

June 19, 2009 - 7:26 am

Another big thankyou to Mike for offering his assistance-much appreciated!

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

June 18, 2009 - 2:32 am

So, nobody here holds these qualifications from PIPA or PIAA as they qualify you to do…nothing? At this stage anyway.

RG146 qualifications are the only requirement from ASIC if you want to provide financial investment advice.

Is that correct?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

June 17, 2009 - 4:11 am

Richard, at the moment if you want to give Property Investment advice, what are you required to have? Just RG146?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

June 17, 2009 - 12:09 am

Attain what? You're not making much sense…

As far as I know there is not yet any regulation covering Property Investment advice specifically.

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

June 16, 2009 - 11:54 pm

Thanks for your reply Danielle.

Have you completed either course I mentioned?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

June 15, 2009 - 2:57 am

Broadly speaking, what are the requirements to obtain one?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

June 15, 2009 - 1:50 am

Do you have to have an AFSL to work for yourself as a Financial Planner?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

May 22, 2009 - 3:29 am

Interesting. How much would the timber cost to build it myself?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

May 20, 2009 - 4:03 am

Terryw wrote:

I don't think it is a good time to get into broking. Commissions have been cut dramatically. trails are been more than halved. In the good old days some brokers earned more than heart sugeons.

However, there are not many industries in which you can build a trail income and if you can get the clients it is probably not a bad 'job'. If there is going to be a boom soon, then it is probably a good time to join the industry – so you can get some of the thousands of new loans that come with a boom..

Also, have you considered getting into financial planning ? either on its own or together. There are big monies to be made their too.

Are Financial Planners remunerated via commission too?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

May 19, 2009 - 2:24 am

Thanks Richard

Might try for an increase to my CC limit instead…

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

March 5, 2009 - 11:16 pm

So, there's really no such thing as a 100% LVR loan for Investment purposes…if you have to have 20% equity regardless?

What about Owner occupied? Is that the same?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

March 4, 2009 - 10:38 pm

Thanks Richard.

Are there Lenders that offer 97% LVR with LMI capitalised?

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

March 4, 2009 - 6:24 am

Hi Richard,

Interested in a couple of your comments:

"Although as mentioned earlier you can do better in respect of interest and fees."
 – What other 100% lenders are there?

"All depends how much equity you have in your other properties. "
 – What effect does this have?

Thanks,

Paul

[PropertyPaulMember@propertypaulJoin Date: 2009Post Count: 25]

March 4, 2009 - 5:12 am

Hi,

Just wondering what the best 100% LVR Investment Loans were if not with St George?

Thanks,

PP