She! Nelsons is a she! geez guys!

Another reason the approval process takes so long is that sometimes the submitted application is so dodgy and insufficient that the planner/building surveyor/engineer cannot do an adequate assessment. We then have to go back and forth between the developer and ourselves a hundred times just so we can get all…[Read more]

Right!!! as a fully qualified town planner – no more planner bashing!

First:
Is your proposal permissible in the land use zone?

This is the fundamental point. You need to find out what you are and aren’t allowed to do on the land. I assume that you are in a medium or high density residential zone and already know that you can build a…[Read more]

Dazzling – thanks for your insights.

We weren’t aware of the hoons and our neighbours have confirmed that since we moved it has got much worse. Yes, thorough DD is essential and we have learned the hard way. I think most of the problem relates to the street itself – we are located right opposite the IGA so it is the epicentre of the suburb and…[Read more]

We owe $130K on IP worth $160K – it’s in Sydney.

Our PPOR is in Tuggeranong or Thuggeranong, as I’ve been calling it lately!

We are yet to lobby the member but we’ve repeatedly asked for patrols (the shops across road are also regularly vandalised). Hubby has started running out in his jammies flashing his spotlight (yes, just his spotlight!)…[Read more]

Just some thoughts – the over arching issue is that you have an unapproved development that may also be a prohibited use in the land use zone which covers the land.

This means that even if you butter Council up and plead ignorance and ‘clean the place up’ there is little Council can do if it’s a prohibited use in the zone.

Granny flats are often…[Read more]

Gee, I certainly have done this A*** about. I have just read the ‘positive cashflow’ article on the home page. Whilst our Penriff unit is negatively geared (just a little bit…), and hasn’t appreciated in value over the past 3 years it’s not all bad. The philosophy of this web site seems to emphasise that property investing needn’t be all about…[Read more]

Thanks for the detail re: restructuring our PPOR loan Mortgage Adviser. Definitely something to look into to ease our cash flow issues. Yes Penrith… is that with one ‘ef’ or two?
Since hooking up with this site I have seen so much good information about the whole ‘long term vision’ thing so yes, we will hang on to Penriff for a bit longer.

Enelson

Hello Mortgage Adviser, I was hoping you’d reply! You’ve given lots of good info out I’ve seen.

Nope, we are doing it all very safe. Our PPOR is just your nice and easy P and I variable homeloan. No offsets, nothing! We only just moved here too (6 months ago). Cost us $315K. Borrowed $252K. I just want to get rid of my PPOR mortgage!!! I…[Read more]