Paullie replied to the topic Periodic Lease in the forum Help Needed! 14 years ago
I just put a special condition on my contract for sale recently that if the existing tenant did not agree to a rent increase of $90 per week, that I require vacant possession upon settlement, with a settlement of 45 days.
Paullie replied to the topic Investment loan structure in the forum Help Needed! 14 years ago
Ive got some funds I can use, so I don't necessarily need 100% IVR.So the trust needs to be setup before the settlement contract or the mortgage contract?
Paullie replied to the topic Investment loan structure in the forum Help Needed! 14 years ago
I will be seeing my accountant early next week.Do I nee to use my PPoR as security for this purchase? Or can I simply pay the mortgage insurance and use the IP as security?
Paullie replied to the topic Investment loan structure in the forum Help Needed! 14 years ago
Property will be negatively geared until of course I pay enough principal. Purchasing the property in joint name, my wife and I.
Paullie replied to the topic 2.99% How thats for a fixed rate loan. in the forum Finance 15 years, 7 months ago
Exactly, they are just applying lube for the rapage next year.
Paullie replied to the topic When to Buy? Will prices continue to fall in the near future? in the forum Why would you even think 15 years, 7 months ago
Why would you even think about looking for another property when it sounds like servicing what you already have is borderline. Just because a property might be positively geared now, doesn't mean it will be in 1 year or 2 or 3.Prices have to come down, because they are a rip off now. There are some interesting properties, but not good enough yet.
Paullie replied to the topic Found Opportunity in the forum Help Needed! 15 years, 7 months ago
haha
Paullie replied to the topic building permit……will you need the original? in the forum Help Needed! 15 years, 7 months ago
Request originals.
Paullie replied to the topic Found Opportunity in the forum Revoked, its an apartment on 15 years, 7 months ago
Revoked, its an apartment on top of a strip club.
Paullie replied to the topic New to investing – how should I start? in the forum I’ve been looking around as 15 years, 7 months ago
I've been looking around as well, but I think property is still over priced, its ridiculous.I went to see a unit yesterday, it has serious moisture issues, and the asking price was IMO way too much.
Paullie replied to the topic Property bust not here yet … worse to come in the forum General Property 15 years, 8 months ago
Housing is overpriced, and the FHBG has to go.
Paullie replied to the topic Prices going up, wtf in the forum Help Needed! 15 years, 8 months ago
Well I'm after a positively geared property, and I'm after a great price on an investment property.It was at 790k for months and months, now 850k.I'll just keep it on my radar.
Paullie replied to the topic Name of vendors – how to find out?? in the forum Help Needed! 15 years, 8 months ago
Tried knocking on the door?haha
Paullie replied to the topic Advice in buying our first IP, account structuring, gearing, tax and risk in the forum Help Needed! 15 years, 8 months ago
ok thankyou.
Paullie replied to the topic Financial Advisors… in the forum Good question, I wouldn’t 15 years, 8 months ago
Good question, I wouldn't mind seeing someone in Perth.
Paullie replied to the topic Advice in buying our first IP, account structuring, gearing, tax and risk in the forum Help Needed! 15 years, 8 months ago
Thank you.I was thinking of an interest only account with 100% offset for the IP loan.I'd like to find a positively geared property, and if so, will put it under my wife's name, as she is a stay at home mum.