Forum Replies Created
Hi all,
i have a PPoR and i am thinking to put pergola in there will cost me anywhere between 3500-4K.
Is it worth putting it in to increase the value of the house which i am thinking due to 2 reasons,
1. My kids will get some space outside to play and
2. Increase value of the house ( when i will buy IP using LOC on my house)Regards,.
Ptialv.Thanks imugli for the reply…
To answer your questions
We are thinking of buy and hold.
Create a passive income.
When you say asset protection, not quiet sure what you mean.. is it about insurance.
I am about to viist my accountant to check out about the structures.
Thanks any more ideas will be apprciated.
Come on experienced investors please put up some thing here for the novice.
Regards,
Ptialv.Is it worth fixing loan for 5 years at the moment??
Exactly right yarpos,
this shouldnt be permitted to start with as it makes the life of FHO hell esp when they dont know how much it takes to be home ownership with future int rate rise, home repaires, unexpected expenses etc etc. it definitely needs attention.I cant help you there sorry..can suggest in melbourne though.
congrats mate well done..
Well begun is half done.
Thanks for the inputs guys.
I am tossing up between 2 brands after getting some quotes now Bonaire or Brivis.Duckster, can you please advise what is noise level for Bonaire as someone at my workplace (who doesnt have it) advised that its too noisy even neighbours hear it when its running.
Thanks again.
Hi Francis,
I rented a property throgh wilson pride in carnegie a while ago for 4 years. they had a great response to the call outs for tradies and also had inspections every 6 months. No rent increase in those years which is good as a tenant. And the handover of property was very easy. No hassles in getttig bond back, may be if we kept the property very clean.
i agree, have the tree removed donate towards my be planting 10 trees and make the profit you have. As whenever you sell this property whoever the buyer is may knock it down, u cant hold property for good just coz of tree or can you. may be somethign to think about.
hi
what ever Nikki is sayin sounds good. we have are responsible for our actions. but i am not satisfied the way it has been expalined
"When i first recieved Jamie McIntyre's FREE DVD 4 years ago i was earning $11 an hour at a juice bar and i was renting a one bed room unit and sharing with a friend who was sleeping on our lounge room floor, i didnt own a car and was living in a life of struggleWhen i first recieved Jamie McIntyre's FREE DVD 4 years ago i was earning $11 an hour at a juice bar and i was renting a one bed room unit and sharing with a friend who was sleeping on our lounge room floor, i didnt own a car and was living in a life of struggle"
From this later on to this
"I brought a unit in perth for $143K that i owned for 4 years and when i sold it for $342K 4 and a bit years later i made $50K a year from my unit, i was working my butt off full time getting $40K p/a and my unit was making more than me. So i was making money while i slept through my investments. my unit more than doubled in 4 years and the national avererage in doubling every 7-10 years."
can it be explained how can you go from $11 an hour at a juice bar to buying a house of $143k without putting any deposit etc etc etc.
IS IT Jamie McIntyre himself?????????
Cant help…Will like to see some views here as dont know much either.
Agree with Paul,
never heard of this so dont expect something like this happening, if you read it somewhere online can you please post the link here will be interesting to read.
Can somebody please explain what is lazy equity.
hi Simon,
i am looking to make this move so that if i can find something which can leave some money in a year or 2 years time. So that then i can persue my goal of IP with some cash for deposit and may be even help in repayments.
Regards,
Bharat.
Come on guys keep the suggestions coming…..
Thanks for all the advise.
Any more suggestions..keep them coming.
here to learn,
i am in narre warren south
property power thanks for the info.
cheers
Hi there,
I guess its too late. May be you can buy another investment and then max your debt.
Regards,
Bharat.Hi there,
Do you have the offset account. if yes, then why not put all the extra money against each property that way you will have your money available anyway & you will pay less interest as you got money sitting in offset accound. Then when you decide to go ahead use that money to buy.
Bharat.
Hi there,
You are doing really great will all the stuff so far Congratulations…
Now it depends on your approach weather you want to be aggressive if yes then go for the 106% loan but i personally don't prefer it as they leave you more exposed. Better if you save some cash and then mean time keep looking for properties if you find see what can you do to get it and as Terry advised if you convert this into IO you ll certainly have more cash at your disposal to do something else. and putting it in offset account you are reducing your interest anyway. Hope it helps.
Cheers,
