Not yet… never invest in small regional town.. will find the experience soon

Sorry to disagree with u again RyanYou can borrow up to 70-80% with standard margin loan.There is always pros and cons investing in share market including fully franked dividend, liquidity, etc.Buying bluechips = buying with top management, not the dodgy CF+ve that will get trashed You can start as little as A$500… plus othersMy suggestion -…[Read more]

what is the pitfall then…?? strata title is very common…you can have 2 properties on 1 land with strata titleor 10000 apartments on 1 land

It depends on the location of the property.In innerwest sydney, the rental property is like 'hot chips' and you will have 10+ good applicants.I always rent it out in line with market value. I never had problem with tenants trashing the property before, unless u r investing in the small rural/regional town.But… just above to tread the Moree's p…[Read more]

woo… 97%LVR with westpac… very interestingg!!!!!Matt.. tell me which broker

You can't have 2 sold houses on 1 title.. doesn't make sense…Do u mean by strata title?

good income

Awaiting Henry Tax review

And also the interest rate as well…. needs to take into account@Richard, are they going to charge purely residential rate or semi commercial/residential rate?

Steer clear from hybrid trust…. but interestingly, the current API magazine posted article on Hybrid trust investor vs. ATO

Thanks sonyawill give contact a few pm's @ Moree and asking their advice

Save more $$$$

Yes, I totally agree with RichardI would suggest you to consider 1 IP at any time…. it is a financial suicide to bet all the money in one type of asset.Have u consider term deposit with 1 year = 6.5% or Ubank At-call = 5.95%?Please note that I am NOT qualified to give financial advice and above is just a suggestion

I CAN NOT find their NAMES in top 200 BRW Rich list

Ryan,How many customer(s) do you have at this stage?I did browse through your website briefly and I found it amazing………"Full access to Ryan McLean’s Property training resources worth over $2,000" and costing A$220/months…

Richard, Thanks for your info… do you have many clients asking for IP loan @ Moree, NSW?

Ryan,the CF+ in Moree is normally cost <100k, and 20% deposit is only 20kMy main concern is the house get burnt down and difficulty in finding 'good' landlord insuranceScott,I don't think the police would like to tell you. There is an area with NO GO ZONE for police. Do you have any IP in Moree?

True Gary78but rate is not everything, NAB/CBA offer true offset account, and PMG does not.The flexibility dealing with big banks and you can expand your IP much easier than through PMG.PMG might collapse.. and just look at the fate of all the investors/homebuyers of Wizard/Old RAMS/GE Money..they suffered alot paying 8% and difficult to exit.We…[Read more]

Bad attitude!!!I would help to sell the property to other seller and ask for commision…You will need to pay stamp duty in NSW… it is treated as A SALE

how about GIO/AAMI and CGU insurance?