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Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
October 22, 2011 - 6:29 pm
Hi Naremburn
How did you get 5.94 with greater? What was the conditions in regards to loan amount & LVR? Did you go through a broker?
Lefty
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
October 22, 2011 - 5:50 pm
Hey propertyboy,
which bank is that with? I am with BOQ with 6.96%. Could have gone to CBA & NAB for 6.85% but was not worth the hassel for changing the loan & have to build new relationships with bank people. plus is not all abot the interest on the loan but all the extra fees some banks try to slug you with.
Lefty
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
October 22, 2011 - 5:38 pm
What are your plans when you move to Mackay for work?
What amount of rent are you expecting on your Brisbane property?
What type of property are you requiring & expecting to pay for rent?
Lefty
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
June 12, 2011 - 1:22 pm
Try Vero Insurance.
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
May 2, 2011 - 9:23 am
Hi Jack,
I am in Negoa Rise. Which property manager are using?
Lefty
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
April 27, 2011 - 6:45 pm
Hi Paul,
Bought in Emerald last year. Bought in a high & dry area. Do your reserch as it will apy off I.E Rent increase of $100p/w in the 1st year & $30K capital growth.
Regards
Lefty
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
October 12, 2010 - 3:37 am
Last Chance,
The property is 8 years old.
Terry,
Thanks for your feed back. Could you please explain a little more on the land tax?
Do you think it is a good move to change my PPOR to a IP as the main goal is to turn it into a positive cash flow property & placing it into a trust is to minimise tax?
Your thoughts would be great.
Lefty.
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
May 6, 2010 - 11:00 am
Hi Richard,
Thanks for your comments. I hear from one of Steven McKnight's seminars in Sydney last month he did state that it could increase your borrowing capacity. I understand your reasoning that you gave me. How could I have understood wrong from that seminar or is there away that it can be structured differently. I.E. Could Bob Jones family trust goes to ABC bank & use 1/3 of his borrowing capacity, then Bob Jones family trust (2) go to DFG bank etc.
Regards
Lefty
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
May 6, 2010 - 10:37 am
Hi Fingers-crossed,
What was the estate that you bought in? Who is your property manager?
Who did you get as tenants-I.E. Individuals or company.
Did you get the returns you expected?
I am planning to buy 3 properties from them in the next 18-24 months. 1 in Chinchilla, 2 in Miles. I have mainly dealt with Steven & I agree so far with you which I glad to hear.
Regards
Lefty.
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
April 26, 2010 - 3:05 am
I bought in Emerald. Have you got any investment properties within this region?
Regards
Lefty
Lefty
Member
@lefty
Join Date: 2010
Post Count: 40
April 17, 2010 - 6:44 am
Hi Karyn,
I have been living in Mackay for seven years. I believe PRD National are excellent. Greg Chapell use to play squash with him) is the principle owner with over 30years of local experience. I would stay away from Professional Mackay (which they are not) from personal experience. Please let me know if you require any more info.
Regards
Lefty