I have used BMT & associates and found they do a good job.  Also used Deppro which was ok as well.  As far as Accountants I use Conroys on Stafford road.  They are ok last year I received a good return but this year have to pay due to CGT. I live in Everton Hills as of december last year, that is a fantastic buy in '89.

I used BMT and found them to be pretty good. I have used Deppro before and was advised that BMT was better value for money. FYC

Hey KY,Thanks for those ideas.  I was going to rent it out until I had completed reno's then move in, but the house I was renting, the owners mucked us around and put the house on the market.  It was easier to move into my now PPOR instead of trying to find a rental.  Affordability is good at the moment as I have the DHOAS loan and of course th…[Read more]

Thanks Terry.  I have to see my accountant next week anyway so I will ask for his advice then as well.  Holding onto the properties and tranferring the debt will probably take longer time but save the selling fees where as I will probably be able to sell in 2.5 to 3 years in which case the 6% will be gained by not having to pay interest on my PPOR?

The idea of refinancing is to increase the loan on the IP to 80% LVR and use the money to prepay interest on that loan so my rent goes straight onto my PPOR decreasing bad debt, increasing good debt.

The other option, selling would cost me selling fees and repurchasing but 50k is a lot less than the interest payments on a PPOR home loan.

Either…[Read more]

most of the time that is what i get but all my returns have been from IP that I have organised.  I don't trust Investment planners as I have not meat someone i trust yet.

I invested with ozinvest for my first of 3 IP's and pulled close to 200k from the investment over 8 years, I payed 156 and sold for 342.  If I had of been smarter and better educated it would have been more with a better structure on my part.  They may not be the ultimate investment but they make things easy and have a good steady return no one tr…[Read more]

Doesn't the DS come in to count when you sell the property buy 'lowering' the purchase cost for CGT calculations?

Hey can you claim the FHOG when buying a PPOR if they have already own a IP?

Sorry I should add the company that rang is Australian Property Directions

Hey guys,This $3000 fee is that for the finnancial plan as apposed to just approaching them for refinancing?  What other Planners have you approached?  I have had 1 group approach me over the phone that have some good ideas but I have not had a chance to research yet any one else been in this situation?  They have a similar structure to Destiny fr…[Read more]

Hey guys,

I have bought a property through these guys and found that it has worked well. They are negatively geared but I now find the property is positively geared, and the capital gains has been sufficient to purchase a second unit privately. I was very green when I bought my first house and did no research at all but it has turned out…[Read more]