On the Least afforable list and I think we are the highest paying tax country as well….?In singapore, apparantly they have a flat tax rate of 10%, everyone pays the 10% and thats it….therefore no need for accountants and many other professions..

FHOG + K.rudd bonus = property price increaseFHOG decrease = property price decreaseThis would be the general gyst of it right?

Hi PQ,Good on you… you have seemed to fluke it reasonably well considering 1ppor and 4 ips…All I can suggest is to knowledge up yourself as opposed to relying on other so called professionals. Read books, watch investing seminars – the program by Henry Kaye is quite inspirational, anything investor/property related that you can get your hands…[Read more]

All you need to do is be diligent, know the market and sell it yourself.Honestly, im 20 years old with my first property and managing it myself.Forget agents, property managers etc etc, hence avoiding these hefty ludicrous fee's by the agents. They charge thousands of dollars, to do something that you can do yourself?…Unless of course you are…[Read more]

Advantage package is quite good;Saving of fees, percentage discount on rate, and you can also get that discounted rate for the first year.There is the annual fee of $395, you can have up to 5 loans for the one annual fee, which is great….the more properties you acquire, the cheaper it becomes in fees.I am not sure about their calculations though…[Read more]

Thanks for sharing that Daniel….seemed to be an interesting read.I have recently purchased, and with CBA…..so I guess I have to read up on articles such as this!Well, I am glad to know that CBA are not lacking in funds…..which should hopefully keep the rates at a somewhat stable level? So by what the article has written, the CEO has stated…[Read more]

Cory, I dont know any in Perth, I use a great one here in south east Melbourne. Which isnt much help to you.All I can suggest, is to interview them…..Look around, find a couple, go in there and probe them with questions, as you would interviewing an employee. We can always be wary of who to trust, but as long as you meet up, ask them questions,…[Read more]

Hi Luvmud,My thoughts – Is to use as much of your own equity as possible to buy IPs. If you can utilise as much of the equity you have available (dependent of course, on max borrowing power & servicibility of the loans), then go ahead.If you are doing considerably well in your area, and you know your local market trends, then that is a great…[Read more]

St.George also have a fairly decent product at the moment, with their spring campaign.
4.66% for first year, reverts to percentage discount after year one off SVR. The $395 annual fee, being the only hindrance..
However at least it eliminates establishment fee, and account keeping fees etc if you want to attach an offset account..

Denis, to be…[Read more]

Denis,

I am definitely on the same wave length as you, to acquire first property and purchase at least 1 every year. That is my exact goals, however hopefully trying to get more then just 1 per year!

I have just purchased, and settled last week, with CBA. My deal was fairly complicated, however we managed to pull it all through. There would…[Read more]