Total Members: 158,531

ve2sQuie1

  • ve2sQuie1 replied to the topic To keep or to sell? in the forum Help Needed! 13 years, 8 months ago

    I think you have misread what I wrote.I'm not considering selling the house, I'm considering selling the apartment.Refinancing the apartment and putting the extra funds on my PPOR mortgage would be counterintuitive as I could not deduct the interest on those funds as my PPOR is my PPOR, not an IP.

  • ve2sQuie1 replied to the topic Living in Investment Property in the forum Help Needed! 14 years, 6 months ago

    No, I have not claimed anything as yet. I completely forgot / didn't know about claiming interest on the deposit when I paid it 2 years ago. Oh, how I've learnt since then.

  • ve2sQuie1 replied to the topic Which insurances should i get?? in the forum Help Needed! 14 years, 6 months ago

    I'm also interested in what is required as I am about to rent out my first IP.If I have a property manager managing the apartment, do I still need to take out landlord insurance?

  • ve2sQuie1 replied to the topic First IP – Rental Management in the forum Help Needed! 14 years, 11 months ago

    Another similar complex settled around 2 months ago so for interests sake I might follow up with the agent who is managing that building and see how they have gone with getting tenants in.What powers have I got to ensure that they don't provide me with inflated figures? For example, am I able to ask to see a current rental contract (with personal…[Read more]

  • ve2sQuie1 replied to the topic First IP – Rental Management in the forum The way I see it is if at 14 years, 11 months ago

    The way I see it is if at settlement time I follow the pack there are likely to be tens of apartments up for offer from the 'primary' property manager.If I go with a manager who is managing less lots from the complex, there is a greater chance of a client being interested in my lot.I guess demand plays a big part in it really… Thoughts?

  • ve2sQuie1 replied to the topic First IP – Rental Management in the forum Help Needed! 14 years, 11 months ago

    Thanks for that info, Scott!I'll have to go speak to a few places next week and see what is out there.

  • ve2sQuie1 replied to the topic Investment Property and FHOG in the forum Help Needed! 14 years, 12 months ago

    To clarify, I would of course not claim the FHOG on the investment apartment since I would not actually be living in it. I would claim it on my future purchase.

  • ve2sQuie1 replied to the topic Another young couple after advice in the forum imugli, thanks for the 15 years ago

    imugli, thanks for the advice and explanation.Terry, that site has a lot of useful info, thanks for that. Also what you said in your second post makes a lot of sense.

  • ve2sQuie1 replied to the topic Another young couple after advice in the forum Help Needed! 15 years ago

    Thanks for the help guys. Looks like I will have to make do with the $13,000 FHOG.Maybe it is a good idea to put off buying another place for another 3-6 months to allow myself to move into the studio apartment and do as much reading on investing as possible.I think we will get a high loan for the studio apartment to allow us to redraw funds as…[Read more]

ve2sQuie1

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