I have to say studying Finance at Uni will do you absolutely no good if you think that is the answer to deciding on which lender suits your needs.

Criteria changes by the day and unless you are working in the field have a Uni degree is just another piece of paper.

I did Economics at Uni in the UK many years ago and have never used it to this…[Read more]

Smarty, I hope you got my reply email to you question you sent me.

There are plenty of deals out there you just need to engage the right company to source them out for you without paying a fortune for the advice.

Course to point you in the right direction need to know more of what you are after.

Cheers

Yours in Finance

Well done mate although really lets face it was Mrs Moore who did all the hard work.

As i said to you my 19 year old daughter is also Charlotte and they are very special.

Hope we see you back on the forum soon.

Cheers

Yours in Finance

Hi K

Firstly welcome to the forum and i hope you enjoy your time with us.

Must admit i am not sure whether i would be buying in Brisbane if you are looking for longer term growth and cash flow in the meantime.

All of 40 properties are here in SE Qld and whilst activity from forum clients is at an unpresedented level talking to valuers all day…[Read more]

Hi Joey

Firstly welcome to the forum and i hope you enjoy your time with us.

I see it every day of the week with clients that they over analyse when really they should probably let the emotion be taken out of the equasion by engaging a professional.

Property investment is a business and as such needs professionals on your side.

Certainly on…[Read more]

Hi Wendy 

What Southern heathens we have answering the thread and apologies for theie lack of Brisbane geographical knowledge.

Moorooka is about 7 km's south of Brisbane and home to Toohey Forest Park and the magic mile car yards.

Certainly a good suburb for development activity and i have done many a deal in both Moorooka and Annerley…[Read more]

Shahin no neither and the Motel is not producing very much.

Cheers

Yours in Finance

Hi Darryn

As we discussed in an email earlier in the day i think you will struggle on this particular property with the limited information to hand.

Crest who is a regular post is an expert on Motel's and maybe be worth shooting a PM and seeking his opinion on the property.

Cheers

Yours in Finance

Kong no correct structure needed.

I use Interactive Brokers and have the Account in the name of my SMSF with the nominated currency in AUD.

Works very well and their service and brokerage costs are second to none.

Cheers

Yours in Finance

Hi Eduard

Sent

Cheers

Yours in Finance

Hi viks

Is there a reason why you want to buy with others and not on your own.

As long as serviceability is sufficient then there are a couple of products that might get you over the line in relation to the funds to complete.

Cheers

Yours in Finance

No not at all but remember the Govt Guarantee has been wound back so make sure you don't have more than the threshold in any one institution.

Course then you have to ask yourself do you have any loan on a PPOR / IP and whether you are better depositing the funds in an offset account.

Cheers

Yours in Finance

Most policies JMS don't include suicide or faking your death by hiding in the attic.

With many policies however your Financial Planner can dial back the premium for you by reducing his commission reflecting in a cheaper monthly premium without having to switch insurers.

We now do this on every new policy we write for clients or any policy we…[Read more]

If the property is lowset then you can probably work on $1100 / square metre or so.

Driveways, landscaping etc will be extra but should be well within budget.

Cheers

Yours in Finance

Sorry don't quite understand your post.

Are you asking can I renovate a property using cash funds in your SMSF that is owned outright by your SMSF. If so the answer is YES

The bigger issue is how are you managing your SMSF when you are not a resident.

Unless you have a member of the Fund who is a resident your are breaching the SISA legislation…[Read more]

Actually it is each members account that can earn $100,000 per annum without paying any Tax at all and then only 15% thereafter.

A husband and wife could earn a 100K each and pay no Tax.

Personally i don't have a problem with it at all and can't see it making any real difference to the average person.

Remember a fund value of $2M earning 5%…[Read more]

Would you go as far as the Gold Coast or must it be Brisbane.

For GC i can certainly recommend my Accountant who is an expert on Vendor Finance. He should be we have done more than a few.

Let us know.

Cheers

Yours in Finance

Hi Tim

Be very careful about utilizing a redraw facility especially if you are referring to a PPOR as you are likely to cause yourself real issues when it comes to the interest deductibility.

When you say you are $10K short are you sure that is the case ?

Personally i wouldn't  suggest you use any of your own funds for an investment property…[Read more]

Sleep is for whimps but chocalate is a different matter.

No if's or but's about you will be considered self employed payslips or not.

Unless the business is losing money however after paying yourself it will be of benefit to you.

Cheers

Yours in Finance

Thanks Darryl appreciate the wrap (sorry bit of a play on installment contracts there).

i am based in Brisbane and have done a couple of hundred installment contracts personally under my Vendor Finance Company First Home Owners Group Pty Ltd so should be able to assist you. At one time i think we had VF half of Rockhampton lol.

Let us know what…[Read more]