Hi, I have a couple in darwin which I'm about to start renovating Im pretty sure there is capital growth still to come. I'm a bit hesitant with units as there seems to be lots around and lots more to come.Theres always people moving up here but there seems to be alot leaving too because of the cost of living. Impex is only meant to be increased…[Read more]

After reading your post and reply I too applied with Esuper, seems ok.

Hi, I had no capital of my own lckily my mother let me use her property as security to get me started.I borrowed the 100% including costs.You can get me on keenan.quinsee@nt.gov.au

No worries,I might have to learn how to change that got no idea how it works. Ahh well anyways drop me an email on keenan.quinsee@nt.gov.au  Talk soon.

Hi Menunes,I live in darwin. Renovated and made abit of cash on 2 properties in Melbourne but moved up here and now bought a couple here. About to start renovating got 8 studios and 2 houses to do fun fun hey. Anyways I'm interested to chat with anyone in Darwin interested in same thing as me and thats investing in property!Send me a message if…[Read more]

They are around and you can get them in Darwin which is where i live. I bought mine last year right behind Fannie Bay racecourse with a 10 % return from day one and when i do the renos will be 21 % return plus 800k + in equity ( Units on block ) that will give me 80-90k pa after loan repayments. Theres my passive income right there. There is…[Read more]

I gave them both a call today. Thanks again. They seem pretty good.

Yep, got it at auction after police co op said they could do it never told me it was comercial until a week after auction when she must have realised herself so was left running around had no time or much choice besides commbank, so as i was borrowing full amount they loaded up security with company structure, 800k property, 580k property as…[Read more]

Hi Jamie,I need an advisor, accountant and possibly broker to look at refinancing at some stage. I live in Darwin but spend a fair bit of time back in Melbourne so thught there are lot more choices more property orientated down south and hopefully tax deductions with travelling.I'll gook them up and give them a call thanks. Read your article to…[Read more]

Thanks. I might have to do that. I used Aussie to find me the deal through commbank but i wasnt really that impressed with them. Commbank as I was borrowing 100% had me use 2 properties as security and set it up under a company structure seemed like alot of security consideringit was bought for 670k valued 640k by bank and they hold security over…[Read more]

Thanks I'll look into that. Keenan

Yeah i only want to advertise it myself until permit comes through thought just expressions of interest on the block. Not planning on taking any cash just find a buyer when it comes through to save a bit of time and money.

Because of the number of units i had to get a commercial loan the bank made me get it under a company structure so I know i need to pay GST but i plan n holding them for the rental return and use equity for further purchases. I used an accountant who i didnt find to helpful in the end to set up the company etc. Process was quite draining but its d…[Read more]

Yeah, in the condition it is in im thinking second half of next year once i can starta title the rear units and renovate. I need to sit down with a good financial advisor / accountant in Melbourne if you can recommend one. I have read alot of your posts over time Terry and you seem to know a fair bit. Let me know if you know who can help plan…[Read more]

Hi, I asked my plumber mate this as a house i bought in Darwin was running off gas bottle since found there arent gas lines in Darwin as only neded for cooking. He lives regional vic and runs off gas bottle too. they come out every 3 or 6 months and top them up. He did suggest to me that it would probably cost a few thousand to do if it was…[Read more]