Think I might start private messaging the people who actually assist with their comments and read your posts properly.@Paullie – re read the post and then make a comment if you feel you can contribute in a positive way. I said there were 2 issues with servicability and 1 of them is that CBA is only taking into account $210 a week rent of $300 and…[Read more]

Shape wrote:
It’s like me posting a picture of my car and asking you how much is it worth; without telling you the make, model, year, km etc..

Regards
Michael

Thanks @Shape, I know it’s a bit like what u said, I actually tried to find at some “before & after” reno examples on the web (with costs), but to no available, I have absolutely no…[Read more]

@Shape and @Terryw thanx for the valuable info.
I read about Trust etc….but dont really want to get into that right now considering it’s my first IP.

I’ll just make an appointment with a property accountant to go over this.
I also look in the contract for the “Tenants in common’ can’t find it.
My next step is visit an accountant and see what…[Read more]

Thx @Shape and @KT for responding.

I am still very interested to the idea of having an IP there one day…..
but i think for now I will just keep looking for capital growth props close to CBD (may be 20k from CBD.
See how I go..hopefully after spending last 6 mnths reading books and learning more about Tax …i feel ready.
Time to take some…[Read more]

@shape
now i get it….

@angel
thx,, i keep ur number….

@shape
i’m newbie need advise
so before you bought on your chippendale unit, do you check with council and strata first? or you bought it then check it later?

what’s the most chance for approval of changing a studio becoming1 bedroom apartment?
is it worthed?

thanks… : )