Ah ok

Hi @rsco

Taking a step back… you will want to give very serious consideration to the dilemma of “purpose of borrowings” which was discussed extensively here ; http://somersoft.com/forums/showthread.php?t=29734

The moral of the story is this:

Unless you are a person that cannot resist the urge to spend money that is sitting in offset accounts,…[Read more]

Hi @rsco

Taking a step back… you will want to give very serious consideration to the dilemma of “purpose of borrowings” which was discussed extensively here ; http://somersoft.com/forums/showthread.php?t=29734

The moral of the story is this:

Unless you are a person that cannot resist the urge to spend money that is sitting in offset accounts,…[Read more]

Great news !

Hi @rsco

Righty-oh then let’s see if we can help you steer the ship !

First and foremost, let’s address the idea of the units you mentioned.

Based on the pricepoint and rental return I’ll assume the units you’re talking about are in a regional location. It’s really important to check on holding costs because councils and water authorities…[Read more]

Hi @rsco

Righty-oh then let’s see if we can help you steer the ship !

First and foremost, let’s address the idea of the units you mentioned.

Based on the pricepoint and rental return I’ll assume the units you’re talking about are in a regional location. It’s really important to check on holding costs because councils and water authorities…[Read more]

Hi @rsco

Righty-oh then let’s see if we can help you steer the ship !

First and foremost, let’s address the idea of the units you mentioned.

Based on the pricepoint and rental return I’ll assume the units you’re talking about are in a regional location. It’s really important to check on holding costs because councils and water authorities…[Read more]

Hi @maya

As Richard has mentioned, an email is pretty normal and accepted. Some agents may try to force you to put your offer in on a contract. Be aware that in doing so you’ve signed a contract without having your solicitor/conveyancer check it first, which could be dicey move for you.

Hi @Ragnar

Pleasure.

Hi Ragnar

Welcome to the forums.

In all three of those suburbs, there are pockets and there are pockets, and it is critical to know which to avoid.

I do not like Norlane at all and never purchase there. It has problems that would be virtually impossible to overcome. The other two suburbs have pockets of goodness and pockets of quite the…[Read more]

Maybe they’ll at least let you tarmac over it so that you can have a parking bay. As you’ve mentioned they won’t allow a structure but might allow the ground surfacing. Perhaps you could then put up a shade sail over it.

Thanks @Benny . Yes I eventually found it that way but wonder how many people would find their way to the members area in that way?

Noted, thanks @Benny will do. ps I also notice it’s a bit of a mission to find a particular member now. Once upon a time there was a link that took you straight into members and you can search by partial username. Now that functionality seems to be gone, so unless someone is tagged in a post with an @ symbol it is tough to find them.

Hi Cheezel

There are a lot of people in the world all at many different stages in life, so there will be many different strategies to be heard, but not all will apply to your stage of life or circumstance. It’s important to keep laser focus and not get distracted with irrelevant strategies.

With SMSF, the thing to remember is that some of your…[Read more]

Hi Cheezel

You have noted that perhaps your portfolio could do with diversification outside of QLD, but perhaps also consider diversifying into property other than just house and land packages? Value can be found in a variety of forms.

Appropriate strategy differs from person to person depending on age, proximity to retirement etc. Depending…[Read more]

Hi @specha (aka Chattaway)

I’d been looking for your thread as I knew you intended to create one, but it isn’t as easy to find threads and comments by a particularly person any more. The link seems to have gone. Nevertheless, yes, I certainly built my portfolio with a strategy and have in mind viable strategies for each of my clients such that…[Read more]

Hi @specha (aka Chattaway)

As has been mentioned above by @qlds007 , the first step is speak to a broker regarding what you can borrow.

From there, remember that “growth potential” can mean that the area goes up in value (which cannot be guaranteed) or you force growth through adding value to the property. The latter is more of a controllable…[Read more]

Hi @Chattaway

As has been mentioned above by @qlds007 , the first step is speak to a broker regarding what you can borrow.

From there, remember that “growth potential” can mean that the area goes up in value (which cannot be guaranteed) or you force growth through adding value to the property. The latter is more of a controllable outcome and…[Read more]

Hi @chattaway

As has been mentioned above by @qlds007 , the first step is speak to a broker regarding what you can borrow.

From there, remember that “growth potential” can mean that the area goes up in value (which cannot be guaranteed) or you force growth through adding value to the property. The latter is more of a controllable outcome and…[Read more]