Course Crest a sceptical person could ask are they one in the same persons.

Cheers

Yours in Finance

Chance of being able to grow a pony tail would be good.

Well at least one that hasn't got grey bits all through it.

Cheers

Yours in Finance

Hi Kate

Perhaps your Accountant could tell you the lenders which are doing this as i am only aware of 5 lenders who will lend to a HDT and only 2 of those that will go to 90% lvr.

Your Broker if he / she is experienced in Trust borrowing should be able to point you in the right direction of these 2 lenders.

Cheers

Yours in Finance

Hi Rob

Yes you have it about right.

As Alistair has pointed out a Commercial valuation can be assessed differently all things being equal but of course it is going to come with higher set up costs, interest rates etc.

Balancing item of what works out better for your particular case.

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Yours in Finance

Rick as Terry has mentioned i would say No initially but without knowing your situation it could well be viable.

What you have to bear in mind is cost v choice of investment and realistically how quickly will the fund grow.

If you a PAYG employee earning 100K per annum and your employer is making contributions of $9K per annum then would take a…[Read more]

Hi Rob

Course one thing you need to consider is what the land value will be once you know the existing house down as lenders will be concerned as to the lvr both now and pre- construction.

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Yours in Finance

Terry no residential properties are securing the business loan.

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Yours in Finance

Not a big ask and i am sure anyone with an IP in the area will respond.

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Yours in Finance

Not a big ask and i am sure anyone with an IP in the area will respond.

Cheers

Yours in Finance

On a separate note i realise that the property is only 4 years old.

I am unsure whether buying something with issues after only 4 years is a good investment or not.

That's my 10 cents worth anyway.

Cheers

Yours in Finance

It is not uncommon to have a negative amount in the Admin fund depending on the Accounts have been prepared.

Remember Levies might be due on the 1st of the month but if they are not paid and received until the second them the Admin fund could show as in arrears.

Certainly with 88 lots in the complex this could well be the case.

Personally i…[Read more]

All read and understood Derek.

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Yours in Finance

Sorry BGN quick question.

Can we assume that your organisation holds a Real Estate Agents License in each State that you promote these properties in ? It is just you mention that your commissions on NRAS are structured the same way as your other property.

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Yours in Finance

Have you consider providing some form of Vendor Finance or second mortgage carry back?

Might open up a different category of potential buyers.

Cheers

Yours in Finance

Hi Mick

That's the million dollar question and something i guess we do for a living.

Trust me your average Bank will have no idea and even if they did it is not in there interest to protect your position.

Most Bankers have cross collateralising your loans as part of their KPI performance indicators (Trust me i have been there and done that for…[Read more]

Claimed proportionally from the date the property became available for rent.

As Derek said the form is fairly easy to complete yourself.

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Yours in Finance
 

Future, the August edition of Australian Property listed  the Top 100 Australian suburbs and cost $8.95.

Might be worth a read.

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Yours in Finance

Totally agree with the others.

Still have Richard Lipsey's Mastering Economics book i studied for 3 years.

It is 5 inch's thick and all we use it for know is a door stop.

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Yours in Finance

Terry, i hear the waiting list is a long one to become a Tenant.

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Yours in Finance

If you have booked in to see an Accountant he is probably only going to charge a hour or so for doing the Tax variation so i would get him to do it for you.

At least start yourself on the right track but remember you need to do a variation each Tax year.

Cheers

Yours in Finance