lccorp1997 replied to the topic Unilodge Investment Properties in the forum General Property 15 years, 1 month ago
back when i was a student, i stayed at unilodge brisbane for 1 semester.the biggest hurdle is that as mentioned you can only rent out to students and not privately. you must have a student visa to apply to stay there.the apts are very small, the smallest studio is only 18 sqm i believe. as mentioned getting finance can be hard.low capital growth…[Read more]
lccorp1997 replied to the topic melbourne city apartment as first investment? in the forum Help Needed! 15 years, 2 months ago
Problem is, the majority of apartments seem to be serviced apartments, although there are some new developments being built.saka888, could you just throw out one example of a non-serviced apartment out there as an example?
lccorp1997 replied to the topic Buying into “student accommodation” in the forum General Property 15 years, 4 months ago
by student accomodation i guess you are referring to those in which the terms of the lease explicitly state students onlyin a similar vein to the previous question, there are apartments in serviced apartment complexes being rented out privately as separate normal residential units (long term lease etc). to all extents no different from any other…[Read more]
lccorp1997 replied to the topic Positive or Negative Gearing? in the forum Finance 15 years, 4 months ago
Blacklab,I think what the book probably meant was,if you have already have some negatively geared properties, try to buy some positively geared properties to kinda balance things out and make it easier on your cashflow.I think your reasoning in the initial post makes perfect sense. The whole issue about +ve geared having lower capital growth is…[Read more]
lccorp1997 replied to the topic First home buyer finance structure in the forum Finance 15 years, 4 months ago
<<Oh really? That's a surprise, they really 'sold it' by claiming it was 100%…What are the significant shortcomings?>>>>No you are right Terry the MISA is not a fully transactional offset account and therefore has significant shortcomings.<<Seems like 100% offset doesnt apply to fixed rate loans, only the SVR loansAnd there is a minimum account…[Read more]