Terry is correct and only Financial Planners can provide you with a plan to move forward with your wealth creation.

Cheers

Yours in Finance

Specialist market wouldn’t touch them with a barge pole as an investment.

Ru intending to finance and part of the purchase as it is very specialised market with very limited lvr’s.

Cheers

Yours in Finance

Hi Nathan

What area of property are you looking for help with.

Jacqui my business partner is based in Melbourne and runs the BA part of our business.

We have helped hundreds of forum clients.

Cheers

Yours in Finance

Mhhh Rajs not a good way to start moving forward.

Cheers

Yours in Finance

JP I go every year for the European winter so still got 5 months in Qld before I leave.

Cheers

Yours in Finance

Hi Rajs

Sure happy to email it thru.

Would you like to give me your email address or probably safer to email me and I can reply. ( my address is as per below).

Cheers

Yours in Finance

My business partner from the forum here have now pre-sold 20 of the 24 units in our next joint development and moving straight onto the next sure so very excited,

We have also just closed our 3rd Unit Trust which was so over subscribed it wasn’t funny.

All of this in 5 and a bit months.

Looking at kicking some further goals before I head off to…[Read more]

Hi SWH

Homeside are fine however when you have multiple smaller sub loans with them it can be expensive.

Depending on the price you are looking at for your next property you maybe able to borrow nearly 100% and yet still keep you funds in cash.

Cheers

Yours in Finance

How much time do you have.

No seriously I can count the Advantedge’s on half a hand yet the disadvantedge’s run to several pages.

I wrote an article on the subject some years back in API so be happy to email it to you.

Cheers

Yours in Finance

Hi Catalyst

That is incorrect and i have set up many a SMSF for forum clients with 50K.

The set up costs are in the main fixed however as a percentage they are greater for a fund size of 50K than they would be for $250K.

Everyone has to start somewhere and of course there is no legislation stopping 2 lenders lend to a SMSF to purchase a…[Read more]

Hi there

No hate to say the simple answer is no.

It breaches the terms and conditions of the forum and would not be allowed.

Cheers

Yours in Finance

I am still unclear why you want to pay down the principal on an investment property when you are using it to buy your first home.

When you buy your first home you are going to need every dollar you can lay your hands on as none of the costs or expenses will be Tax Deductible.

Remember interest on a redraw will not be Tax Deductible and in fact…[Read more]

Amp Bank are another one.

If you own 10 properties they will not touch you full stop even if there are no loans in any of them.

Cheers

Yours in Finance

Still not going to help you with the finance part.

You would be able to go to 85% but no higher.

Cheers

Yours in Finance

One consideration would be finance as many significantly reduce the lvr on a Display Home whilst others won’t lend them at all.

Just make sure what you are paying is market price and not an inflated figure built around the yield.

Also check what it will rent for in the local market when the builds moves out.

Cheers

Yours in Finance

Ring a local Town Planner and they will give you the guidelines for the respective Council.

I have Strata Titled over 40 blocks of units in Brisbane including timber units. Anything can done it is just a matter of cost in getting them to comply.

Cheers

Yours in Finance

Hate to say that is not quiet correct and indeed there are many a lender who would consider you as being rent reliant and discount accordingly.

Going back some years lenders used to only take 30% of the Gross rental income where it was your sole form of income.

Cheers

Yours in Finance

Hi dragon

Yes welcome to the world of investing in SE Qld

The BCC have been doing this for a number of years.

I put my rents up a couple of years ago and one of tenants tried to appeal at a RTA tribunal but got nowhere when we produced our Council Rates Notice to justify the increase.

They can do what they like it us just a matter of pushing…[Read more]

We refer most of our Vic clients to Doug Mcracken at Ron Skeggs & Associates.

Not Geelong but right side of Melbourne.

Cheers

Yours in Finance

Amy don’t know who you are or what your agenda is but Nigel is a respected and long standing member of the forum community..

He has ran many a USA tour and is an expert on Florida property.

Do you own anything in the USA ?

Cheers

Yours in Finance