When your first post reads something like:

Has anyone used this company? I am looking at them and they seem great http://www.ripoff.com….

I have a super new loan product available. Email me for more detail…

What do you think of this wonderful new suburb where everyone is making a bucket of money. Check out this super property for sale…[Read more]

Don’t pay it.

There is no requirement for you to provide it. Telephone, internet and other services like that are a tenants responsibility.

Tell him that yo uwere considering the $70 modem but he acted hastily and installed a more expensive one without your approval.

Advise him that you are dissapointed by his actions and that you hope that…[Read more]

I use PIA.

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Originally posted by Milly:
erm……….how come you two have the same email addy? Richard are you talking to your wife here??
[blink][ohno][upsidedown][wacko]

Well spotted That was me[blush2]

I am so sick of deleting all this spam every day that I decided to have a bit of fun instead and changed her email addy to Richard’s. I don’t think he…[Read more]

Originally posted by redwing:
Who do I use? (Scott from the Forum and http://www.depreciator.com.au)

Am I happy with the service? (Yes)

Should you use one? (How old is the Property, have you done renos?)

Online Positive Cashflow and Renovating Calculators

I must disagree mate. Regardless of the age of the property – you should talk to Scott. He…[Read more]

Sounds like you have already started.

Why not duplicate what you have already achieved?

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Originally posted by salacious:
Thanks guys,

BUT, what bank would not get a valuator in and servicebility is not a problem?

Dom

[biggrin]

Guess that is where a good broker proves his worth …

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual…[Read more]

Don’t forget that CGT is reduced by 50% if you held the proeprty for over 12 months.

The rate also depends on your personal tax rate. If that can be low then you will pay less tax.

I am not a fan of selling assets.

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to…[Read more]

Of course you can get a higher return if you invest your money elsewhere.

Is it as secure an investment?

Will you get capital growth on top of your return?

Why don’t you think about keeping your property and invest elsewhere?

Draw the loan up as high as possible and use those funds to open a margin lending account and double it to invest in…[Read more]

If it is just a house that has been set up then I would try for a normal residential loan – ideally with a lender who doesn’t require a formal valuation (the vlauer might point out the setup).

Thats how I did mine.

They will just use the normal rental though – will that be a snag to get serviceability through?

Simon Macks
Residential and…[Read more]

Absolutely yes.

http://www.depreciator.com.au is mine.

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Sleep in

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

There is no too low or too high.

If the property has potential for CG then I would be happy with that yield.

What is your overall strategy? Work that out and your answer will be clear.

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you…[Read more]

Loook at the URl of this site and that may tell you why this forum is about houses.

Go to http://www.fido.gov.au and read about why these instruments offering over 8% return are high risk.

They are a yield instrument only. No CG is possible.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228…[Read more]

I do it – quite well too I must admit.

I have written about it a number of times in this forum.

If you do a search on Student accommodation I am sure you will get heaps of info.

Or ask some specific questions in this thread and I and others will try to answer them.

Is just a big ask to expect me to write all about my experiences with them…[Read more]

I tend towards a middle class house on land.

But you need t owork out your goals first then it will all fall into place.

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you…[Read more]

How did the last one go?

Hope this one is an unqualified success!!

Simon Macks
Residential and Commercial Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Originally posted by Jessica3:

Mortgage Hunter you are the Master of IP on this forum, you seem to have solution or answer to everything hahe.

The building is about 4 months old and does have lifts, swimming pool & gym facilities. I will definatley get a report done soon, thanks. If I decide to keep the apartment for just over a year I could…[Read more]

Originally posted by Peachey2000:
Check the wording on the FHOG… I think it might say occupy “WITHIN” 12 months, not “FOR” 12 months?

Don’t quote me… any other takers on this?

Pleading the fifth, but am aware of at least one PI that has utilised loose terminology

Hey, I’m new at this though, so do your research!

The wording is:

You must…[Read more]

No – you claim it in the same financial year that yo uspent it. Plus you claim the depreciation figure he gives you.

My latest property was buil;t in 1960 and I was able to claim an additional $3000 I didn’t spend in that year alone. The report lasts for 20 years.

If you have a newer place it can be much higher. A new apartment with a pool,…[Read more]