Might want to read the Forum rules before your 11th post

Shaun firstly welcome to the forum.I hope you enjoy your time here.Interesting that you Bank are now offering Financial Advice. They have no right to tell you what you can and cannot do merely whether they will lend to you what you require.The market is full of competition and I think I weould be seeing what is out there in the way of Financial…[Read more]

No what do they do ?

Not that this is an advertising board but why are you selling ?

Must admit i bailed at 1.19 but with a high of 149.5 there was some nice money made today.That and shorting Westpac last night was a nice little earner as we say.

Yes you are able to lodge an amendment to your Tax return for upto 4 years.

CER up 17% in the first 5 minutes of the open.

Yes from both an Accounting and Tax persepctive the strategy is fine.With regards to GG Dale has retired from the Business and I do not believe he is taking on any new clients.

Post Buying an IP using the Investor's Club will not get you equity quickly as most of the properties are undervalued due to the amount they charge the developer on each deal.There has been many previous posts on the IC over the years so do a search and read a view other views. 

Hi DhillionNo Qld based but this day and age with email and the internet applications can be taken from anywhere.I have clients throughout Australia and all over the world.Feel free to drop us a line and I would be happy to point you in the right direction.

Hi DhillionNo Qld based but this day and age with email and the internet applications can be taken from anywhere.I have clients throughout Australia and all over the world.Feel free to drop us a line and I would be happy to point you in the right direction.

TerryNot sure about NSW but in Qld Finance has to be on Terms acceptable to the Purchaser. This was introduced to stop Vendors saying they would offer finance on Terms such as an installment contract something which may not have been palatable to the Buyer.

As an owner of a decent sized Rent roll in Brisbane i have to disagree.Yes we have certainly seen a healthy rise in rents over the last couple of years however this is based on a supply and demand and at the moment demand certainly outstrips supply.In saying this i thing it is very much a suburb to suburb situation with many areas appearing overpriced.

Personally I would not consider a P & I loan but an interest only loan with 100% offset Account attached to it.The loan could be split between Fixed and variable and the offset account attached to variable portion.There are a few suitable products that would achieve what you are after.

ChrisNo your 2 cents are more like a dollar of input. 99 % of MB's have no idea (By the way this does not refer to anyone else on this forum here) but the industry in general) about customer service or ways to structure a portfolio. They want round pegs to put in round holes and then go home at 5pm.Let me tell you it doesnt work like that in the…[Read more]

Hi DarrenAre you referring to a Company where you are a Director or your Company being your employer ? 

hieung

Totally agree with you. Any MB claiming to be a Professional who has no TAFE dip or Degree really is a joke.

You can learn to be a MB by reading the back of a cornflakes package.

I have a friend here in Brisbane who sepnt 20 years as an electrician then decided a year ago he need a job change and decided to become a Mortgage Broker. 5…[Read more]

hieungTotally agree with you. Any MB claiming to be a Professional who has no TAFE dip or Degree really is a joke.You can learn to be a MB by reading the back of a cornflakes package. I have a friend here in Brisbane who sepnt 20 years as an electrician then decided a year ago he need a job change and decided to become a Mortgage Broker. 5 minutes…[Read more]

I agree with Alistair whilst it is very a horses for courses matter pre-sales are a confort level for both you and the lender.If the LVR is appropriate then not all institutional lenders require pre-sales. If the LVR is bound the norm then you will find that private lenders may still require Pre-sales to cover their risk or the interest rate will…[Read more]

BJBJNo unless the borrowing is in the Company name then only the borrowing entity can deduct the interest component.Personally you will be unable to deduct anything.Holding the property in a Pty Ltd entity for a 3 year period with a view to then selling it is certainly not Tax effective as you will loose the Capital Gains Tax concession. Not s…[Read more]