I was with Terri Sheer for a few years. I changed on the basis of cost, not that I went with the cheapest insurance provider,  but they have a flat rate for units and a flat rate for houses. After shopping around for some time I found that other policies are quite comparable and a bit cheaper. I have the same coverage but at a lower cost. I never…[Read more]

Thanks everyone for the input, I have heaps to go on. I appreciate it.Mark

Thanks Chiz, I have read another of their books, so will look around for it. Thanks also to Miike, I had done a search and the resulting list of 32 pages of links was too long to wade through. Cheers to allMark

Can I clarify something then? I have no personal debt, I have a P&I loan on our first IP and are looking to set up to buy our second IP. Should I continue with P&I loans if I can afford the full repayment?ThanksMark

Last month i spent some time driving around Tassie, and it is an awesome state. Queenstown seemed to haver over half of its properties for sale and they were extremely run down. I think there are plenty of other spots down there that you would find something better. I think in terms of access to agents/builders/etc the east coast would be better,…[Read more]

Thank you guys, I really appreciate the help. Looking forward to sorting it out.Best regardsMark

Thanks Richard. The lender is ING and their exit fee in the fourth year of a loan is $350. If I was to refinance this loan with another lender who would be happy to finance the existing balance of approx $180K (property valued at around $280K now) using the IP as security, I believe I would have to pay the establishment fees, plus the $350. DOes…[Read more]

Are you looking at student type studio accommodation near universities such as in Carlton Melbourne etc? If so, you should probably be wary that students only need accommodation for 9 to 10 months of the year so you may face some long periods that the unit is vacant. Also, how are students going to treat the property? If you have ten different…[Read more]

Hi Richard,I did have a look at their website, which includes a price list. I too thought that maybe it would be easy to quickly run up a bill. Do you think I can do better than C & N based on their prices or on services? Can you recommend someone else?ThanksMark

P>S  I was thinking of Chan and Naylor? Anyones views???ThanksMark

Hi Peter,In regards to Heidelberg West, Only about five years ago, quarter acre blocks with old 2 bedroom houses were selling across the suburb for under 200K. It has had good growth due to the renovation of the Austin hospital, the completion of the Mercy hospital, the new TAFE college, etc etc and now the same propertys are early to mid 400K. So…[Read more]

Thanks Jim,I have actually met a client of yours who gave you a very strong recommendation. I am still trying to read widely on the subject of property investment to get some ideas, as I don't necessarily want to be managed through the whole process. What I am looking for is an advisor to help me develop a financial plan, I believe an investment…[Read more]