Replies Created | Forums | Jamie Moore | PropertyInvesting.com

Forum Replies Created

Viewing 20 posts - 161 through 180 (of 5,007 total)

« 1 … 5 6 7 8 9 10 11 12 13 … 251 »

Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
May 11, 2016 - 8:23 am
+1 for Jac M. She’ll do a great job.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
May 11, 2016 - 8:22 am
It’s quite normal.
Has applied to all my IPs
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
May 11, 2016 - 8:20 am
Hiya
Talk to the agent and negotiate a small deposit with an extended finance clause period.
It won’t be an attractive offer (because they will need to wait a while for you to sort out finances) but if the property has been on the market for a while you might have some luck.
Get a decent broker on board to get this sorted asap too – Richard or Terry above will do a good job.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
May 11, 2016 - 8:16 am
Brockman wrote:
I would like to find out how to turn negatively geared into positively geared property?
You’d need to increase income from the property and/or reduce costs.
Negative gearing isn’t an issue providing the property is growing in value at a higher rate than the cost of holding it.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
May 3, 2016 - 1:01 pm
Nice spam
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
May 3, 2016 - 12:58 pm
Hi Ronnie
Generally not an issue.
However – if the property is only in your name (and if the loan services in your name) then might be worthwhile leaving your partner of the application (mention that you have a partner to the lender though). It might save your partner a credit file hit/additional liability.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
May 3, 2016 - 12:53 pm
Walk around the area – spend some time in it – get a feel for it before purchasing.
Without sounding judgmental – you’re generally going to run into more riff raff in an area with a higher concentration of social housing. I think that’s pretty obvious.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 25, 2016 - 7:34 pm
Hey danwatto
Corey is a gun commercial broker – he knows his stuff.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 20, 2016 - 9:21 am
Jprop wrote:
Thanks guys for the advice. @jamie-m, i will contact you regarding this if that’s ok.Thanks,JP
Of course.
There’s a fact find on my website – if you fill that in and email it over – I’ll have a look at it for you.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 19, 2016 - 7:34 pm
Hi JP
If you’re disciplined with money – and can afford the IP debt and personal loan – I’d consider purchasing the IP.
Perhaps have a decent broker assess your borrowing capacity.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 15, 2016 - 1:39 pm
Welcome Dave :-)
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 13, 2016 - 3:37 pm
sjk333 wrote:
My question is, why?
My question is the same – why?
Nothing wrong with an investment putting some money in your pocket.
Maybe look at getting a second opinion from a new accountant.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 12, 2016 - 7:05 pm
Hiya
Perhaps looks at having your structure/borrowing capacity looked over by a decent broker.
Having said that – much has changed in the last year when it comes to borrowing capacity assessments (it’s now harder to get a loan if you hold multiple properties).
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 12, 2016 - 7:02 pm
The offset is just a bank account – you can transact from it whenever you like.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 12, 2016 - 7:00 pm
What’s a lead generator exactly?
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 8, 2016 - 7:16 pm
Hi Andrew
Plenty on this forum.
Read up on their posts – call a couple and see who you gel with.
Doesn’t have to be a local one if you’re happy to deal via email/phone.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
April 4, 2016 - 9:22 am
Personally – if it were me – I’d look to diversify rather than have a cluster of cheaper IP’s in a regional area.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
March 31, 2016 - 9:28 am
I wouldn’t.
If selling a property – then yep, it can be worth it.
For renting – I wouldn’t bother. It’s a cost that can be avoided – and I doubt you’d command more rent by doing so.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
March 29, 2016 - 1:11 pm
hemi3000 wrote:
Can anybody refer any good accountants, brokers and lawyers in Melbourne or online that are already property investors them selves?
Do you need face to face?
If so – Pete Tersteeg from Sage Lending is a good broker.
If you don’t require face to face then you’ve got the entire country to choose from.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]
Jamie Moore
Participant
@jamie-m
Join Date: 2010
Post Count: 5,069
March 23, 2016 - 3:49 pm
1. You pay stamps on the land (assuming it’s two seperate transactions – that is, a contract for the land and a contract for the build).
2. Talk to a lawyer. This can be quite risky.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone Me
Mortgage Broker assisting clients Australia wide Email: [email protected]