god_of_money replied to the topic Know a finance provider ? i want to borrow 90% value but not pay LMI in the forum Finance 10 years, 4 months ago
god_of_money replied to the topic No tenants ! What to do ? in the forum General Property 10 years, 8 months ago
Rather than ranting, can u paste the adv link from realestate or domain so that we can give u some feedback?
god_of_money replied to the topic Accountant in Hunter Region in the forum Help Needed! 10 years, 11 months ago
god_of_money replied to the topic Property in Australia in still VERY cheap in the forum General Property 10 years, 11 months ago
There is no demand at all in Japan…. most of their population is suitable for nursing home allocation vs. high growth rate of population in big cities in Australia. Japan is habitably bigger than Australia due to excellent in transportation (i.e. Cityrail/country link vs. Shinkansen) and very low inflation rate or -ve inflation rate.
god_of_money replied to the topic Property in Australia in still VERY cheap in the forum General Property 10 years, 11 months ago
I have to resurrect this post again…
>3 years since it was posted, the median price of sydney property has reached all time high….with the auction clearance rate is/was sitting on 75-80%
The prediction from property experts through many articles/comments published in APM/Residex/Domain/smh/Keen = FAILED!!!
So glad I bought one in Sydney…[Read more]
god_of_money replied to the topic Success Stories in the forum General Property 10 years, 11 months ago
I agree with jamie
majority of stories featured in API/YIP are BS and more BS.
god_of_money replied to the topic No deposit, no hope?? in the forum Help Needed! 10 years, 11 months ago
Option 4… Investec Bank will lend you 100% LVR with NO LMI
god_of_money replied to the topic What is your Interest Rate by Hari Yellina in the forum Finance 10 years, 11 months ago
Hi Yellina
It was done/setup through one of the MB in this forum few years ago
My total portfolio value is ~ A$ 2 million with LVR << 40% across 3 properties.
god_of_money replied to the topic How do we move forward? in the forum Finance 10 years, 11 months ago
Hi Terry
Can you elaborate more about
"they can earn over $20k pa and not pay tax for income received from a testamentary trust"I thought children < 18 can only earn up to A$416 without paying tax.
god_of_money replied to the topic Investment dilemma in the forum Help Needed! 10 years, 11 months ago
OR.. you can apply with Investec Bank product. 100% LVR on residential loan with NO LMI
god_of_money replied to the topic First Investment – Old or New? in the forum Help Needed! 10 years, 11 months ago
it will cost you at least A$80 – 150k to build /convert to a granny flat. It is not cheap as so much Building regulation that need to comply
Renting to students has pros and cons. You can google it or search in this forum
I will stay away from renting each room to students. You also need to account for electricity (killer during winter) and…[Read more]
god_of_money replied to the topic What is your Interest Rate by Hari Yellina in the forum Finance 11 years ago
Mine is 4.88% with ANZ Breakfree package
god_of_money replied to the topic Transfer ownership of place of residence in the forum Help Needed! 11 years ago
Squiresy… it is a "scam"…however, steve did retract the statement later on
god_of_money replied to the topic Transfer ownership of place of residence in the forum Help Needed! 11 years ago
Terry,
Correct me if I am wrong.I thought that you can transfer 50% to your partner/spouse free if stamp duty in NSW as long as it is intended to use it as PPOR
god_of_money replied to the topic Commonwealth Games Investing in the forum Creative Investing 11 years, 1 month ago
The GC market has partially rebounded.
The parklands will be transformed to commercial/residential (will be used for athletes to stay for Commonwealth games) precincts in the future. The new hospital has been built and new private hospital will be built soon with new light rail.
My neighbor has listed his property (4+2+2) for >800k ; where I…[Read more]
god_of_money replied to the topic Property bust not here yet … worse to come in the forum General Property 11 years, 5 months ago
Simple, rather than your own observation, can you provide with more evidence based statistics from reliable source
Sydney house prices reach all time high
god_of_money replied to the topic help! want to become a property but don’t know where to start? in the forum Help Needed! 11 years, 6 months ago
Ahhh i cannot resist. "help! want to become a property 'tycoon' but don't know where to start?"
god_of_money replied to the topic Gold Coast in the forum Help Needed! 11 years, 6 months ago
I moved from Sydney recently to take up the job at Gold Coast University Hospital.
I am glad that I am able to buy a waterfront house with the fraction of cost in comparison to sydney.
5bed+3bath+4garage+2 level for ~A$ 720k waterfront house. I dont think you can get such a property in sydney.The whole parklands are going to be transformed to…[Read more]
god_of_money replied to the topic Banks offering no LMI payment in the forum Finance 11 years, 7 months ago
Investec Bank…they waived the LMI for medical profession
god_of_money replied to the topic Banks offering no LMI payment in the forum Finance 11 years, 7 months ago
This is the link to Investec Bank for purchasing property >80% LVR without LMI
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