Thanks to everyone who has replied.
I have decided not to talk with this company .
I think they will just talk to me about all the positives and won’t give me the whole picture (true facts) Especially in ways they will benefit financially.

I love being able to use this site to educate myself further….and get advice from more knowledgable…[Read more]

Thanks v8ghia for your input,
I cant even remember the name of the company but they are calling back next week ….
So I will try and get some information out of them before I agree to a home visit….

Hello Derek,
Hope your still there .
If the property rents for longer than 6 months while it is on the market what sort of CGT would I be looking at. The house has always been my PPOR.

Thanks to everyone who replied .
I appreciate the input and will definately check out the other areas suggested .
Cheers [biggrin]

Hello Simon
No I really don’t understand the taxation side of things of ip /ppor ,all new to me. Well it will be when we do it .
What is your fee and do you make house calls ?You can email me at hethndug at dodo.com.au

Sounds like I would be better off to keep the loans sep… and just pay a deposit of say 10% and take out a totally sep…loan for my new ppor.
Thanks for the input [biggrin]

Hi Jo,
just did the 11 sec sol…as because i want be leasing my ppor through a real estate i reckon I will break even or be +g. My concern is still taking on another mortgage and borrowing 100% ,not sure that is my best option , any more suggestions

I would happily purchase in the next month & lock my int rates for 5 years . Problem is finding the right IP for the right price []

Hopefully to secure finacial security instead of just superannuation,[]

yes looked like a great place .
Maybe the tenants might end up renting one of the new properties in the future, if they are all bought by invetors []
I do agree that when your rent there is always the chance that you will have to move in the future, just a fact of renting .
And yes the developer is now letting them saty unitl after the festive…[Read more]

Thanks for the replies , advice & emails, will be in touch soon .

Thanks Tass .

Hi Mel ,

Yes have no prob dealing with the bank, just feel I will get some outside info also. (broker)
CBA is my bank.

Have my PPOR set up so I can redraw my equity, just not rushing into it, wont to have as many facts and info as possible . []

Tass

Thanks Mel , No I havnet talked to a broker yet . My bank lender said he can do it all but I would prefer to talk to a broker or acct 1st . Anyone suggest a good broker in the Newcastle region ?

Tass

Hi Everyone ,

In my mid 30’s bought my PPOR in 97 and looking to buy 1st IP in the next few months . Hoping it will be the 1st of many .[][]

Hello ,

Can anyone recommend a similar book for NSW or QLD ?

Tass []

HAROLD ,
Thanks for taking the time to explain instalment warrants .I am Finding that reading through the forum pages are a great source of info , I am happy their are so many people out there willing to share their experiences and offer advice to us that are less informed , thanks []

quote:
Instalment warrants. Because they are so complicated, the government can’t understand how to tax them, so they just don’t

Excuse my ignorance ,[] this is all new to me. still learning ,but what is instalment warrants ?