Jason Tyrrell replied to the topic Renting vs buying home in the forum Help Needed! 8 years, 6 months ago
Hi Raftim,
Others have covered off on most things to consider well.
But renting where you want to live, and investing where you think you will get the best results makes perfect sense.
Cheers
Jason
Jason Tyrrell replied to the topic Servicability in the forum Finance 8 years, 6 months ago
Keep some powder dry for great buying opportunites which will present themselves over next couple of years.
If you had 10 as a long term goal, the quicker you get to 5 isn’t necessarily going to be the quickest way to get to 10.
Jason Tyrrell replied to the topic Loan reducer tool in the forum Finance 8 years, 7 months ago
The two rates are inversely siding to a mean of 4.25% (average of 5.99% and 2.5%). Will depend on the weighting of the two loans of course.
4.25% is ok but can and bettered. Can’t comment about fees and possible traps in the loan contract, maybe making it hard to re-finance.
An Inv loan would be I/O and O/O would be P&I. It suits them to have…[Read more]
Jason Tyrrell replied to the topic Loan reducer tool in the forum Finance 8 years, 7 months ago
They two rates are inversely siding to a mean of 4.25% (average of 5.99% and 2.5%). Will depend on the weighting of the two loans of course.
4.25% is ok but can and bettered. Can’t comment about fees and possible traps in the loan contract, maybe making it hard to re-finance.
An Inv loan would be I/O and O/O would be P&I. It suits them to have…[Read more]
Jason Tyrrell replied to the topic Loan reducer tool in the forum Finance 8 years, 7 months ago
They two rates are inversely siding to a mean of 4.25% (average of 5.99% and 2.5%). Will depend on the weighting of the two loans of course.
4.25% is ok but can and bettered. Can’t comment about fees and possible traps in the loan contract, maybe making it hard to re-finance.
An Inv loan would be I/O and O/O would be P&I. It suits them to have…[Read more]
Jason Tyrrell replied to the topic Brisbane Buyer Agent – Recommendations in the forum General Property 8 years, 8 months ago
Hi Richard,
That is probably best for him to answer in terms of what he sells and why. I know that as a buyers agent he also looks for established property for purchasers.
I know that our mutual client has achieved equity growth since purchase in 2014 and settlement last year. Which vindicates the purchase price. I suppose if seller is confident…[Read more]
Jason Tyrrell replied to the topic Brisbane Buyer Agent – Recommendations in the forum General Property 8 years, 8 months ago
Hi Kirsty,
I know someone who is a Buyer’s Agent in Sydney, who also sells new property in Sth East Qld. We met through a mutual client who bought a new townhouse in the Sunshine Coast. It sparked my interest and he sells around that range, or a bit more with a guaranteed rental yield of 6% or more for 2 years (this time period can be…[Read more]
Jason Tyrrell replied to the topic Brisbane Buyer Agent – Recommendations in the forum General Property 8 years, 8 months ago
Hi Kirsty,
I know someone who is a Buyer’s Agent in Sydney, who also sells new property in Sth East Qld. We met through a mutual client who bought a new townhouse in the Sunshine Coast. It sparked my interest and he sells around that range, or a bit more for guaranteed rental yield of 6% more for 2 years or more.
Please let me know if interested.
Jason Tyrrell replied to the topic Investment in Newcastle in the forum Help Needed! 8 years, 8 months ago
This will depend on many factors, but as a positively geared property is making you money instead of losing it, it is often the best way.
The concept can be misunderstood, it is essentially a tool which retrieves some of an investment loss. Not something which should be a goal from the outset.
It seems as though you have good equity but…[Read more]
Jason Tyrrell‘s profile was updated 8 years, 8 months ago
Jason Tyrrell became a registered member 8 years, 8 months ago