morgstar replied to the topic Credit cards effect on borrowing in the forum Help Needed! 12 years, 8 months ago
Hi RichardIf you get a chance please check out the below link in regards to costs.https://www.esuperfund.com.au/property/LoanAnalysis.aspx I have put the location in St George's location finder they do say they offer home loans for super funds in the Orange area with the only exception that the max load amount needs to be under 500K. I will try…[Read more]
morgstar replied to the topic Super Money in the forum Help Needed! 12 years, 8 months ago
Hi All$6000 includes stamp duty, bank legals, loan setup fee and setup of custodian trust. only fee not included is conveyancer fees.Min loan amount is 100K and deposit is 20%I have crunched all numbers involved and i can see i have a short fall of around $80.00 per week but there is room for improvement eg reno to the bathroom and kitchen.Funny…[Read more]
morgstar replied to the topic Super Money in the forum Help Needed! 12 years, 8 months ago
Hi Terry Super Fund is already setup.Corporate trustee structure has been used so only 20% is required not 30% as per Individual trustees.Closing costs around around $6000 inc stamp duty, bank legals, loan setup fee and setup of custodian trust. only fee not included is conveyancer fees.Thanks
morgstar replied to the topic Kitchen: Paint cupboard doors vs replace with new in the forum Hey, if you don’t mind me 12 years, 10 months ago
Hey, if you don't mind me asking what did you pay for the kitchen?
morgstar replied to the topic 2nd IP in the forum Help Needed! 13 years, 5 months ago
Hi StringerI am starting to do my research on Orange for a IP property, how have you come to say that part of town is bad as that was my guess because of all the cheap property there, have you been on the ground?Thanks
morgstar replied to the topic Is it best to buy in an LLC or in own name? in the forum Overseas Deals 13 years, 6 months ago
I have been told you can have the income from the rent put into your personal bank account even if the house is held in a LLC, is this correct?
morgstar replied to the topic offically mine in the forum Overseas Deals 13 years, 6 months ago
Hi Rick Where did you buy if you don't mind me asking?
morgstar replied to the topic Lodging a tax return in the US in the forum Overseas Deals 13 years, 10 months ago
Hi I am looking at buying in Phoenix, Kansas City or Orlando but i wanted to buy something around $25000, i am just a bit worried if i buy at the lower end of the market i will never recoup my money in 5 to 10 years in regards to the sale.
morgstar replied to the topic Lodging a tax return in the US in the forum Overseas Deals 13 years, 10 months ago
Hi NopzWhere did you buy and what did you buy?ThanksMorgan
morgstar replied to the topic Lodging a tax return in the US in the forum Overseas Deals 13 years, 10 months ago
Hi so once it produces the figures what is the next step, does it lodge the return with the fed and state? or do you need to do that yourself.Thanks for your help.ThanksMorgan
morgstar replied to the topic Third day in Texas in the forum Overseas Deals 13 years, 10 months ago
Hi does anyone know where i can find more info about these tours on the ground in the USA?ThanksMorgan