Something i definetly need to look into i guess. I'm split minded on the topic

Hi Terry,
             I understand that company's are not good for appreciating assets due to the 50% CG tax. I buy and hold and have no intention of selling them anytime soon. Is this the reason for you not liking them from an investment property point of view? I would also like the asset protection that a company can…[Read more]

LMI is great….Like Xdrew I'm currently buying relatively cheap regional/metro properties and wouldn't have being able to expand had it not being for LMI. I can see why people view it as a unnessecary tool/fee but with every passing day things are getting more and more expensive why not try and get as many properties while they are cheaper and…[Read more]

I try and look at it from both sides but the landlords do bare the brunt of most of these issues. Tenants trash our places and are allowed to continue renting. You have to spend about 100hrs searching for a decent property manager who will put a decent person in our asset. Insurance companies know we need this for our properties and are…[Read more]

Hey Jamie, 
                   Quick question about the spreadsheet is the property expenses % include interest repayments? If so how do you work out the percentage, is it against the rental for the year or the value of the property?

^^^^^^^^^^^^^^^^^^^^^^^^LEGEND.

Thanks very much

^^^^^^^^^^^^^^^^^^^^^^^^LEGEND.

Thanks very much

Bump, Anyone?

Which sort of trust? Company etc

That's a pretty standard fee. I use a Property Management team in St Mary's, J & B Realty. They are really good i think from memory they normally charge 6.6% but they are quite a distance from Cranebrook(15mins). Good luck.

Scott No Mates wrote:
Does it come with a mobile optimised site?

Yeah a mobile friendly site would be very hand, but yes the site is a much better improvement from the old outdated one

SteveMcKnight wrote:
Hi,

First of all, well done on completing your pre-purchase due diligence.

Now that something has been flagged, the next step is to weigh up its significance. In this case, given that it relates to the title and may impact potential use, I would rate it as worthy enough to get some formal legal help.

I suggest you make a…[Read more]

Im a big fan of YIP mainly because i was in it and they always change the stories and articles up a bit so its not repetitive but i did used to get API years ago but found it overly repetitive mainly with the growth suburbs and cashflow articlesa. Haven't had a good look at SPI yet. Hope this helps

Share with me i’m a great bloke

Good work im currently doing a reno and u really can see a big difference just by a few simple things.

Tony

Hey guys yeah it turned out well. i did have to end up paying s
omeone to install it which was still quite cheap. looks good i havent put the splash backs up as.i am currently tiling the whole bottom floor which.surprisingly has gone.quite well. I will post pics of the whole reno when it is finished

I find they seem to repeat themselves but I'll give it ago. Knowledge is the best tool

Terryw wrote:
credit card? may work out cheaper

Done so much easier than a loan. Tsk tsk what was i thinking lol

Jamie M wrote:
Hi TonyHave you carried out reno type work before? It all depends on your own level of expertise. If you haven't carried out this type of work before than it will be tough.With flat-packs, you generally put all the boxes together, than the benchtop, doors and handles. Be careful when cutting the hole in the bench for your sink…[Read more]

RyanJD wrote:
The way I do it is pay everything on my credit card (food, fuel, parking, bills etc) and then pay off the credit card with the money in my offset account before the "55 days".Its not really 55 days its something like 30 days interest free then you have 25 days to pay off that interest. So if you pay if off at the start of the 55…[Read more]