This website shows the oil reserves in a few of the major oil producing nations. Show's that the official oil reserves in these countries somehow managed to double, over a 12 month period, during the mid 1980's but has basically remained constant ever since. An interesting read that i thought i would share.Tatts http://www.energyandcapital.com/arti…[Read more]

Oh bugger,i booked tickets to this for myself and a mate on thursday and paid the $79. hahaGuess i should have had checked this site before i did.ah well, i'm sure it'll be a good seminar.See you thereTatts

Kenzel said"Read all the Margaret Lomas books, Noel Whittaker, Jan Somers, Peter Spann, Steve McNight's (later) books for nuts and bolts." – Are you able to recommend any specific titles from these Authors? I'm looking to by my PPOR in 1 year's time (and turn it into an IP) and would lke to better prepare myself knowledge wise.Margaret Lomas…[Read more]

You said that your husbands travel costs get reimbursed by his work. By moving yourself out of the city and a way how much rent would you save? You shouldn't have any increased expenses for travel and you would be able to save maybe $50 a week. i don't know the rental market in brisbane so i'm just guessing here. This could be an option if you are…[Read more]

Hey Stella,could have been a post that i made a while ago, it has a discount of an API subscription for $75https://www.propertyinvesting.com/forums/property-investing/help-needed/4321146I haven't been on here for a week or so, good timing to check out the site again.hahaI just checked out the link and it still worksHope this helps,Tatts

Just has a different opinion to the majority of people. Why get into people about there opinion, is it really effecting you at all???

that's correct, I also found out recently that this is also available for interest only loans. So that way you can have money in the bank offsetting your loan when you are only paying interest on it so further reducing your repayments

If you are after your FHOG (first home owners grant) then you will have to check up on the terms and conditions cos i don't think you are supposed to rent out any rooms within the first 12 months. You would probably have to be careful about what you do during that time. You can just do a search on the net and most lending institutes have online…[Read more]

Looks awesome. photo's are looking great. Good luck with the rest of the reno's and keep up the great threadTatts

What is the deciding factor or reasons for it to be a commercial project?Tatts

Yeah i agree, let Darwins theory of evolution take it's natural course.

It seems to be more of a when than an if, for an interest rate rise. would probably be a good idea to ensure that your current IP would remain cashflow + when interest rates increase.

Why not use the $8,000 that has been made from the IP on the personal loan as well. maybe keep a few thousand for maintenance or any other unexpected issues arising from the IP but put the rest into the 2nd personal loan to get it down further?

Currently only have the one IP, bought a unit about 3 months ago in regional victoriaPaid $87,000 and renting for $130 p/w

The DHA properties are generally quite new and are in very good condition as they have extremely strict guidlines that the property must meet, therefore shouldn't need too much work done to them.I would think that if you were to look around you would be able to find properties have a higher return, even after all maintenance and property…[Read more]

Good luck with your offer devo, keep us updated on how you go.Tatts

I went through a company called financecorp, don't have the details on me as i am currently away but they were prettty good. i didn't end up getting my loan with them as a went overseas and left the loan details to be organised by my mum who was in victoria living near the property so it was easier for her to do it locally.I have a mate who…[Read more]

cool, thanks simon

Just curious, do any banks/lenders offer IO loans that come with an offset account?Tatts

I've lived in DHA houses and have always been pleased with the service they provided for me as a tenant. i think they would be pretty good as property managers. Never had issues when maintenance was needed, make a call to them and they generally fix whatever the problem is. the problem i found when looking at them as potential investments is that…[Read more]