your post was titled ‘what do you do?

if you have purchased this a an investment then sit and hold.

does zoning support dual occupancy or is this something to ask Santi about in 6mths time?

can you see the beach? what was it about this property that made you buy it? if the answers are substantial, keep it, if not, sell it and surf.

Cheers brahms

hi, a lot of tenants faced with $165/wk vs $330/wk will stick with $165/wk as it will only take them 53 weeks to save a 5% deposit of $175 000 ($230k????)(given the blatant rip off as described) and therefore purchase the property themselves thru a normal bank at normal rates for a purchase price representative of true market value, thus saving…[Read more]

sophisticated as opposed to mug punter – its really not a ‘club’ or anything, or something you can pick up by doing night school over a semester – its a funny one, i guess its a mix of ‘street smart’, formal education discipline and an understanding of finance and markets (property or other investment platforms)

however, if it is offered as a…[Read more]

Wayne

if you are not comfortable with what the first broker detailed, it is your choice to seek the opinion of another professional. for me, i think he/she is close to the mark. you are 100% liable in as guarantor so far as servicing goes.

this is pretty straightforward, in the event your parents/partner doesn’t make repayments and the mortgage…[Read more]

hi johnny, in 3 hrs i can show you the highs and the lows of brissy, you will be able to v.quickly see where you need to purchase. this is a very uncomplicated place.

3 years ago i drove to brisvegas, slept in the car and in 3 days had purchased sub 7 ks to the cbd. my background is pure property, it wasn’t a hard thing to do.

you already know…[Read more]

All posts have been from the view point of the landlord – not surprising of course, but… casting my mind back to the many years of renting as most forumites will share.

I always felt the apartment or house i was in was my home, and treated it as such. And yes, I was never treated any better by any landlord or managing agent than the tenant who…[Read more]

Yeah…your right,, i’m not the zoning fairy – but hey, its a good concept… sorry not to be able to offer a sensible solution.

cheers

brahms

If you don’t ask, the answer is no!!

hi, i recall a non bank lender floated this style product when this case was first appealed by the ato, did any other lender go for it?

cheers

brahms

If you don’t ask, the answer is no!!

Lots of for rent signs about in brisvegas, i’ve questioned my realtor friends about this and there is a significant drive in this area to advertise not only the vacancy but the agency.

The smart money (so to speak) is saying the realtors are taking the opportunity to advertise a vacancy as well as put their name in you face…. makes sense.

Any…[Read more]

g’day johnny1, free standing you will need to look at least 12 -15k ring from cbd, as for nice, most are nice in this area…

whats nice?

1. 15k from cbd but cls to 2 or more schools and handy to rail and bus link = nice

2. 12k from cbd but cls to westfield shopping centre = nice

3. sub 10k to cbd north or south, 3 beds and room for arthritic…[Read more]

From a lot of posts it sounds like New Zealand may offer some great opportunitie (oxy moronic statement or not) I’m not judging. But next year may be a different question.

cheers

brahms

If you don’t ask, the answer is no!!

Hi Ket
your post..

Currently the IP in WA is negatively geared but would be interested in converting, if possible, to neutral or positive!

me too..please continue

cheers

brahms

If you don’t ask, the answer is no!!

HI iwsctws

I’ll just pop some modest answers into the body of you post.

Is it possible to find a suburb in Brisbane that is:

a) less than 45 minutes to the CBD?

yes, any suburb considered within the metro area meets this criteria

b) about 300K – 400K for a nice 4 Bedroom house on a minimum 800 Sqm block ?

800sqm, NO, hey, a quick answer is…[Read more]

marisa, great post..if i was the zoning fairy i’d wave my wond and convert it from res A to commercial b and that would be it… you could then expect triple rental and a five year lease and enforceable 10 year option linked to cpi plus 10%. anything else before i sheath my wand…

cheers

brahms

If you don’t ask, the answer is no!!

45 minutes to cbd, oh,yeah stdney time, you will find what you need sub 15ks cbd in 4 weeks of looking, i’m a finance broker, i attend 4-5 auctions a weekend, and my clients are settling properties in this bracket all of the time.

however, 800sqm, look, if you want a farm you may need to look a bit further west.

cheers

brahms

If you don’t ask,…[Read more]

thanks kay, i’m not so sure i’m a whizz kid, but, i can do the math – and more importantly, research well and back yourself – appreciate your reply.

cheers

brahms

If you don’t ask, the answer is no!!

Hi kay and gmh

without being overly nosey, kay would you mind awefully clarifying is the 6% a gross return on purchase price – or net of outgoings with or without a factoring for vacancy.

i feel its important to be able to benchmark a return, the fact that you feel the upside is definately in future appreciation is more than enough reason to…[Read more]

Wilko, you said….

Anyway, back to the subject. If an advisor recommends a cetain institution, and can show you how much better the product is, what do you do?

Generally you will have formed an opinion of the advisor, if this is the person you wish to do business with, the next step is to simply sign your name (make a decision and move on to…[Read more]

why don’t you just look it up

ie. http://www.cannex.com.au or try a search engine

as another ex-i’ll save ya, 17 may have been on the panel, but do you really count Bank of Melbourne, Challenge Bank and Westpac as 3!!!! Last time i looked all three had the same head office..he he he

cheers

brahms

If you don’t ask, the answer is no!!