TheCuriousMind replied to the topic Land title size and advertised land size different in the forum Help Needed! 1 year, 11 months 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! 1 year, 11 months 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, 8 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, 8 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, 5 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, 6 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, 6 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, 5 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, 5 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, 5 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 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 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..