All Topics / Help Needed! / Investment property – Abbreviations (please add some)

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  • Profile photo of vsdabhivsdabhi
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    @vsdabhi
    Join Date: 2009
    Post Count: 19

    I am learning IP and many things are new to me so I thought I should ask you guys for help. Thanks.

    Investment property – Abbreviations

    IP- Investment property

    LVR- Loan value ratio

    PPOR- Primary place of residence

    RE- Real Estate

    OPM- Other people’s money (Borrowed)

    LOC- Line of credit

    SMSF- Self managed super fund

    PM- Property manager

    OFI- Open for inspection (open home)

    Profile photo of vsdabhivsdabhi
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    @vsdabhi
    Join Date: 2009
    Post Count: 19

    LMI- Lender’s mortgage insurance

    CGT- Capital growth tax

    FHOG- First home owner grant

    DHA- Defence Housing Australia

    DSR- Debt service ratio

    Wrap- Vendor finance arrangement

    R&M- Repairs and maintenance

    Profile photo of KlahKlah
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    @klah
    Join Date: 2010
    Post Count: 40

    ROI – Return On Investment

    FSBO – For Sale By Owner

    GST – Goods And Services Tax

    CPI – Consumer Price Index (Used to work out inflation)

    JV – Joint Venture

    CF – Cash Flow

    Profile photo of Scott No MatesScott No Mates
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    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    RROW-WHACK rooms that are so small that you cannot swing a cat in them.
    <moderator: edit> – absolute novice developer
    Renovator's delight – on face value it''ll be a bargain, in reality run away.
    Add the finishing touches – some serious work required to cover & discover the owner's mistakes.

    Profile photo of KlahKlah
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    @klah
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    Post Count: 40

    PPOR – Principal Place of Residence

    Profile photo of mortgagemattersmortgagematters
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    @mortgagematters
    Join Date: 2011
    Post Count: 3

    Don't forget the most important one when talking investment:

    IO –  Interest Only

    Profile photo of CatalystCatalyst
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    @catalyst
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    SCA- subject to Council Approval

    Profile photo of sapphire101sapphire101
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    @sapphire101
    Join Date: 2006
    Post Count: 203

    GFC Global Financial Crises

    +CF / CF+  Positive Cashflow / Cashflow Positive

    CoCR – Cash on cash return

    ROB – ripped off blind

    Ian
    http://theblogblock.com
    Free Property Investment Info, Tools & Resources.

    Profile photo of Jamie MooreJamie Moore
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    @jamie-m
    Join Date: 2010
    Post Count: 5,069

    OTP – Off the plan
    SANF – Sleep at night factor
    ACL – Australian Credit Licence
    REA – Real Estate Agent

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of sidkneesidknee
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    @sidknee
    Join Date: 2011
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    Catalyst wrote:
    SCA- subject to Council Approval

    I'ts actually STCA Subject to Council Approval

    Profile photo of Mick CMick C
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    @shape
    Join Date: 2010
    Post Count: 1,099

    CGT = Rip off

    :)

    Great post by the way, good idea!

    regards,
    Michael

    Mick C | Shape Home Loans
    http://www.shapehomeloans.com.au/
    Email Me | Phone Me

    Same Banks. Better Rates. Served With a Passion.

    Profile photo of Jamie MooreJamie Moore
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    @jamie-m
    Join Date: 2010
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    SD – Stamp Duty (also a rip off) :(

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

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