Total Members: 159,129

qlddk

  • Emerald rentals just fell on its face…
    I would be very careful about buying in Chinchilla and I work out here right now.
    42000 workers? maybe, but no all at once, and most in FIFO like me
    then afterwards, maybe a few thousand workers fulltime, some/most might live here
    I am interested in the whole trust setup advise thou

    cheers

  • qlddk replied to the topic Should i use the offset account? in the forum Finance 11 years, 6 months ago

    Hi folks
    Im with cattleya on this one, I prefer to pay off the loan…
    But here is the deal, I have property under a trust name, and my finance bank (RAMS, beware of this) does not allow an offset account for loans under trust names.
    So what now? I'm holding excess cash in a high interest account, but should I to gain that extra 2% interest…[Read more]

  • qlddk replied to the topic Buying next investment property in the forum thanks there 11 years, 9 months ago

    thanks there
    I know most harp on about how bad cross col is, but how do you lend against another property's equity without cross collateralization?
     

qlddk

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