TheCuriousMind replied to the topic Land title size and advertised land size different in the forum Help Needed! 2 years ago
Absolutely right, I bought it based on advertising material. I had engaged a conveyancer obviously they failed to provide one service they are supposed to. Can you please point me to any lawyer or share a number and I am happy to talk through ? Best regards
TheCuriousMind started the topic Land title size and advertised land size different in the forum Help Needed! 2 years ago
Hello!
I had purchased an investment property in Victoria in 2018. The selling agency had an open and had put out brouchers explaining the huge STCA potential printed on the broucher with a land size of 798 sqm with a house on it – I went ahead and bought it.
I have since owned the property since then and decided to sell now to upgrade my PPOR.…[Read more]
TheCuriousMind started the topic Residential investment Property to Medical Practice? in the forum Creative Investing 3 years, 9 months ago
Hello!
I have a residential investment property in Pakenham very close to the station about 900m.
Having lived in the area before I always struggled to find medical practioner and have seen a trend of residential properties being converted to medical centres.
I was thinking to convert my 3 bedroom house which is on 800 Sqm block into a medical…[Read more]
TheCuriousMind started the topic Residential investment Property to Medical Practice? in the forum Creative Investing 3 years, 9 months ago
Hello!
I have a residential investment property in Pakenham very close to the station about 900m.
Having lived in the area before I always struggled to find medical practioner and have seen a trend of residential properties being converted to medical centres.
I was thinking to convert my 3 bedroom house which is on 800 Sqm block into a medical…[Read more]
TheCuriousMind started the topic Subdivision and Development in the forum Value Adding 7 years, 6 months ago
Hello guys,
I recently bought a house on a 780 sqm block in Pakenham.
The house is a small 3 BR leaving it with a 15m x 25m back yard.
I am planning to subdivide the land and built a town house or a unit in the rear yard.
I am not quite sure where to start this process and how to go about it.
What should be my first step?
How much further…[Read more]
TheCuriousMind replied to the topic How to use deposit money for IP – Offset or Put into PPOR and Reborrow? in the forum Help Needed! 7 years, 7 months ago
That is a great advice Terryw and thanks. How do you mean to split down the loan?
I have PPOR IO loan and I have applied for a loan for the new IP.
My deposit payment is due in 2 weeks.
TheCuriousMind started the topic How to use deposit money for IP – Offset or Put into PPOR and Reborrow? in the forum Help Needed! 7 years, 7 months ago
Hello!
I currently have 150k in my offset account and two home loans. One is my PPOR and other is IP.
I am looking to buy another IP for which I would require 75k funds.
I have two options –
1. Use 75k out of my 150k from offset account deposited directly to the vendor
2. Deposit 75k into my PPOR IO account and re draw thus it becomes tax…[Read more]TheCuriousMind replied to the topic Upgrading PPOR – Loan Structure Question in the forum Finance 11 years, 6 months ago
Thanks Richard. I was keen to do that but when stumbled across heaps of discussions and topics around this I was confused.
TheCuriousMind replied to the topic Upgrading PPOR – Loan Structure Question in the forum Finance 11 years, 6 months ago
Hi Jamie, thanks for your reply.
40k is accessible equity sitting in my LOC account.
Q – is using the LOC on existing PPOR the best way to move forward for upgrading it?
Thanks
TheCuriousMind replied to the topic Upgrading PPOR – Loan Structure Question in the forum Finance 11 years, 6 months ago
Thanks for the advice it makes sense.
I shall run numbers with broker, on that note any recommendations in melbourne?
TheCuriousMind replied to the topic Investment In India question in the forum Help Needed! 14 years, 1 month ago
Thanks Paul – If I have understood it well – basically from a taxation perspective their is no difference wherever you invest overseas be it USA or India/Japan?
I have been forwarded few projects that are under construction in India for IT majors assuring 18% returns and stable capital increase.
I am happy to share the details with everyone here…[Read more]
TheCuriousMind replied to the topic MyUSAProperty – Beware !!! in the forum Overseas Deals 14 years, 1 month ago
Sorry to hear about your experience mate I hope you are proven wrong.
I am also hoping so for you because I would be meeting someone at MyUSA in Melbourne next week.
I would be updating my experience as I go..