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TheCuriousMind

  • TheCuriousMind replied to the topic Land title size and advertised land size different in the forum Help Needed! 1 year, 7 months ago

    Absolutely right, I bought it based on advertising material. I had engaged a conveyancer obviously they failed to provide one service they are supposed to. Can you please point me to any lawyer or share a number and I am happy to talk through ? Best regards

  • TheCuriousMind started the topic Land title size and advertised land size different in the forum Help Needed! 1 year, 7 months ago

    Hello!

    I had purchased an investment property in Victoria in 2018. The selling agency had an open and had put out brouchers explaining the huge STCA potential printed on the broucher with a land size of 798 sqm with a house on it – I went ahead and bought it.

    I have since owned the property since then and decided to sell now to upgrade my PPOR.…[Read more]

  • Hello!

    I have a residential investment property in Pakenham very close to the station about 900m.

    Having lived in the area before I always struggled to find medical practioner and have seen a trend of residential properties being converted to medical centres.

    I was thinking to convert my 3 bedroom house which is on 800 Sqm block into a medical…[Read more]

  • Hello!

    I have a residential investment property in Pakenham very close to the station about 900m.

    Having lived in the area before I always struggled to find medical practioner and have seen a trend of residential properties being converted to medical centres.

    I was thinking to convert my 3 bedroom house which is on 800 Sqm block into a medical…[Read more]

  • TheCuriousMind started the topic Subdivision and Development in the forum Value Adding 7 years ago

    Hello guys,

    I recently bought a house on a 780 sqm block in Pakenham.

    The house is a small 3 BR leaving it with a 15m x 25m back yard.

    I am planning to subdivide the land and built a town house or a unit in the rear yard.

    I am not quite sure where to start this process and how to go about it.

    What should be my first step?

    How much further…[Read more]

  • That is a great advice Terryw and thanks. How do you mean to split down the loan?

    I have PPOR IO loan and I have applied for a loan for the new IP.

    My deposit payment is due in 2 weeks.

  • Hello!

    I currently have 150k in my offset account and two home loans. One is my PPOR and other is IP.

    I am looking to buy another IP for which I would require 75k funds.

    I have two options –

    1. Use 75k out of my 150k from offset account deposited directly to the vendor
    2. Deposit 75k into my PPOR IO account and re draw thus it becomes tax…[Read more]

  • TheCuriousMind replied to the topic Upgrading PPOR – Loan Structure Question in the forum Finance 11 years, 1 month ago

    Thanks Richard. I was keen to do that but when stumbled across heaps of discussions and topics around this I was confused.

  • TheCuriousMind replied to the topic Upgrading PPOR – Loan Structure Question in the forum Finance 11 years, 1 month ago

    Hi Jamie, thanks for your reply.

    40k is accessible equity sitting in my LOC account.

    Q – is using the LOC on existing PPOR the best way to move forward for upgrading it?

    Thanks

  • TheCuriousMind replied to the topic Upgrading PPOR – Loan Structure Question in the forum Finance 11 years, 1 month ago

    Thanks for the advice it makes sense.

    I shall run numbers with broker, on that note any recommendations in melbourne?

  • TheCuriousMind replied to the topic Investment In India question in the forum Help Needed! 13 years, 8 months ago

    Thanks Paul – If I have understood it well – basically from a taxation perspective their is no difference wherever you invest overseas be it USA or India/Japan?

    I have been forwarded few projects that are under construction in India for IT majors assuring 18% returns and stable capital increase.

    I am happy to share the details with everyone here…[Read more]

  • TheCuriousMind replied to the topic MyUSAProperty – Beware !!! in the forum Overseas Deals 13 years, 8 months ago

    Sorry to hear about your experience mate I hope you are proven wrong.
    I am also hoping so for you because I would be meeting someone at MyUSA in Melbourne next week.
    I would be updating my experience as I go..

TheCuriousMind

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