Recent content by ipinvestor

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    WA Budget

    Currently investment property is taxed at a rate of 0.11 per cent of its value above $300,000, at 0.58 per cent above $1 million and at 1.51 per cent above $2.2 million. ( https://au.news.yahoo.com/thewest/business/a/27919567/land-tax-hike-for-property-investors/ ) Last year we paid $9009 on...
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    First IP - looking at Forrestfield WA

    We bought in Forrestfield One and half year ago, we bought 3X1 on 750m2 land for $330K. Did a minor reno. Tenants paying $430 per week. I think it is subdividable property. NAB's latest valuation is $448K. http://www.homesales.com.au/sold/115-dawson-avenue/hs955820.aspx
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    Need Help please - Statutory Declaration

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    Need Help please - Statutory Declaration

    Thanks DaveM. I will contact our MB and settlement agent. Regards; Vin
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    Need Help please - Statutory Declaration

    Hi All, Need some help. I work in Darwin, FIFO worker. Live in Perth and buying a property in Perth. We received loan Documents from AMP bank. There is one form ?Statutory Declaration? for an error in name on contract. Please see attached form, It states that?. This declaration is made under...
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    Recommended carpenter in Perth, WA

    carpenter in Perth Quintin - 0488129309 in Forrestfield He is a carpenter. He does all maintenance works for our properties. We do not have to show him or explain him anything. He visit the place, buy materials, keep receipts, fix the issues and send us invoice. Honest .............
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    Do you know this Tree and it's strange fruit

    Thank you very much. It is White Malay Apple. They are not sweet......................:(
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    Do you know this Tree and it's strange fruit

    Fruits Yes, I am at Darwin (Howard spring Camp) See the photo of the fruits on the ground, they look like big button mushrooms.
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    Do you know this Tree and it's strange fruit

    The fruit looks like white onion. Size -Cricket ball. I cut it. Big seed looks like Avocado seed. Please see attached photo.
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    Do you know this Tree and it's strange fruit

    I work on Inpex LNG project. This morning I went for a walk. There are thousands of Eukaliptas trees. I know there are many verities but a tree with white fruits? Never seen before. I walked for 10km and searched for similar tree. Could not find any other tree with white fruits. Google doesn't...
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    How long did it take you to save for your first property?

    first time buyers would need to save for 21.5 years to save the $769,000 The area it took the longest was Peppermint Grove in Western Australian were first time buyers would need to save for 21.5 years to save the $769,000 required based on the median value in the area...
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    What are your plans for 2015

    Plan - 2015 Complete Certi IV in WHS Find employment in Perth Settle an IP (11) Min 2 Months holidays Renovate 2 IPs Loose 8 kg weight
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    Robert Kiyosaki predicted the tech bubble bursting in 2000. He predicted the 2007 GFC. And now he?s predicting a global financial collapse in 2016 that he says will make GFC look like a teddy bear?s picnic...
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    How much debt do you have?

    $3.5M at 80% LVR
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    Some points to consider when you refinance

    I would take 30 years plan, pay minimum (if possible - interest only) to increase my serviceability to buy more IPs.
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