Catalyst wrote:
Yes I'm a subscriber. I have seen it a few times lately. I haven't gone back to check whether it was listed later though. Next time I see one I'll check back later to see if it's listed then.

  Thanks, will be interested to know, i'm happy to be corrected.

    Are you a subscriber Catalyst? An associate of mine pays around $1200 p/a i think it is rp professional? I was under the impression it had all prices, have never failed to get a previous sale price and current owner from there unless the sale was decades ago.

   Sorry to say i don't think it's possible. The internet is a big place and someone in the know will always have access to a paid service like rpdata to find these details. If you are concerned that the buyer may see how much you re making, they shouldn't mind if you have done a good enough job of value adding and created something they are w…[Read more]

amyhunz wrote:
As the unit is still in the cooling off period I'd prefer to retain privacy at this stage. As I said, I'd be happy to email pics to individuals and I have.

Is it safe to post some pics yet Amy??

I'm no broker, but i think it is important to have your financials in order before trying to pursue any investing strategy. Without knowing your situation , the obvious question to me is how there can be no savings on a six figure income. Building up some savings on 100k plus should not be hard, if it is, then an in depth review of your spending…[Read more]

Most definitely, i think that is why a lot of mum and dad investors fall over, rushing into things because someone at a barby told them to. At the risk of getting analysis paralysis everything must be thought through and taken into account first. A good point to make Terry, i wonder how many people have a few IPs and no income protection…[Read more]

  I ll second that Catalyst, brick cladding is hideous. Everyone loves Hog bristle, it isn't one of Dulux's top colours for nothing.

   Thanks Terry, you re on the christmas card list now!

No, it hasn"t. It will over next few weeks if i don't change to IO but is lowest it has been. Understood that only the 130k would be deductible. What if i refinance to another lender so the only debt on this house is 130k, i think i saw another one of your posts that it would count as new borrowings and as it wasn't used to purchase the house it…[Read more]

Sure was mate, last 130 left of the original 220k borrowed for my PPoR. Thanks for the advice.

Solomon10 wrote:
  If i change the loan to interest only now with the last 130k would this be treated as new borrowings and therefore not deductible?

   Sorry will clarify that a bit better, if i change the loan to interest only with balance of 130k then have 100% offset while still my PPoR, when i move from here and it becomes an IP will th…[Read more]

 I see now CBA has 5.99% fixed rate with the wealth package, or 6.14 without. To the brokers here, are CBA usually pretty punctual in getting loans through,unlike the lenders mentioned above? Thanks.

 Budget dependent, new colorbond roof, paint all external walls hog bristle colour, trim antique white usa, render the small brick section under window, remove bushes and lay mulch. Also add a fascia board to the sides of the porch roof and change the front screen door. I think the punters would love it, roof would be most expensive part of this,…[Read more]

  If i change the loan to interest only now with the last 130k would this be treated as new borrowings and therefore not deductible?

   Thanks Terry , proves again that listening to the wrong people can prove frustrating and costly further down the track.

  Definitely sounds like the deals are still out there for those looking hard enough, and the media doom and gloom hasn't encroached too far into the members of this forum. Good to hear!

 I think clayton is probably a better bet, steer clear of any area around Osborne ave in Clayton South, you ll find cheaper housing there. The stench from the landfill/tip is unbearable most days, and is a bone of contention in the area. Westall railway station has just been completely rebuilt as a premium station, factor this in. Clayton is…[Read more]

engelo10 wrote:
Hi Solomon10I havent started yet. I got caught up with a few other deals im working on so should be going to Coonamble in the next few weeks. Im negotiating on another cheapy, will post details if I buy. Its a cracker better than Coonamble..

Solomon10 wrote:
Thanks bardon.Hey engelo10 how is the reno on your 22k house coming…[Read more]

   Terry, bit late to fix this i think, but my PPOR is worth around 480-520k, original P/I loan 0f 220k paid down to 130k. I did this before i knew any better. How can i turn this into an IP and take my 90k with me whilst leaving deductible debt? I can't see a way.   Was thinking only way to not have contaminated borrowings was to sell it cgt fre…[Read more]

thecrest wrote:
Serviettes are as good as anything else, just get that great idea written down fast. Ideas are priceless. Cheers thecrest

Agreed, i have lots of ideas, it's the capital i have the problem with. Only on 100k a year so the big ideas will just have to stay ideas for now…