Fixing is a good option if you need to know what your monthly repayments are going to be each month. So from a budgeting perspective – it can be great.

The major downside is the high break costs generally associated with closing down a fixed loan and their lack of flexibility.

If it's a set and forget IP that you don't plan on selling or extracting equity from anytime soon then fixing can be ok. If you do decide to fix and the lender doesn't allow you to access equity later on, then you'll either have to externally refinance to another lender which will incur break costs or stay with the current lender and forgo the equity release.

If you think you might sell the property within the fixed period then avoid fixing.

Cheers

Jamie

You'd need to ask them.

I wouldn't rely on info from strangers about a body corporate issue to find out later that it was a problem and all the work needed approval.

Give them a buzz and ask.

Cheers

Jamie

I've been told that Nic Moustacas is good http://www.strategicwealth.com.au

I remember reading somewhere that House of Wealth now has an office in Sydney too.

Cheers

Jamie

Hi Aaron

Do you care to elaborate?

There's no right or wrong answer with whether someone should opt for a positively geared investment over a negatively geared one.

I'd rather purchase an investment that was going to achieve some capital growth in the  next 10 years but cost a little to hold onto rather than a regional property that puts $10 into my pocket each week but doesn't move in value for a decade.

Cheers

Jamie

This is a handy website  – http://www.nearmap.com/

It's not property investing specific but the maps seem clearer than google earth so very handy if you want to keep an eye on your IP

Cheers

Jamie

Nothing wrong with the CBA wealth package apart from the MISA not being a true offset – but you can get around that quite easily.

Cheers

Jamie

Last move was to our latest PPOR four months ago. 

We had less "stuff" to move with this time around because I hate clutter! There was a massive culling exercise that took place before the move

Cheers

Jamie

Sounds like it would need planning approval. You should call your local planning authority to suss out.

Cheers

Jamie

Being indecisive won't get your far. So many people get caught up with over analysing everything that they never actually do anything.

Cheers

Jamie

Hi Rusty

Can't speak for everyone but the vast majority of my clients that go to auction arrange building/pest before bidding.

I know it's a pain in the a** forking out the cash for something that may not eventuate but you are spending a LOT of money on the property.

I had a client recently bail out on an auction property because of issues with the building/pest. If they hadn't of had it carried out, they could have been faced with a larger bill when they became the owners of the property.

Cheers

Jamie