Recent content by Raphael

All good, bring on the next forum! Mark Gunning

Response from St George Bank Re; PORTFOLIO LOAN. I rang st george Gold Member service, asked about removal of X linking between accounts, she said no problem, we'll send you the release docs, fill em out and mail back to us. I did. Below is their response. Does ne one know the portfolio...

its allabout fishing Tile roofs are best for access to the wall cavity. Just lift a couple of tiles and drop a string and sinker staright down. fish it out of the hole in the wall in the room below...Tie on your wiring and pull em up. Run em across roof space to where you drop down opp...

Plaster wall? Im surprised a house that old has plaster/timber stud walls. Id be expecting double brick for a house of its age. please confirm. Is it sitting on a slab or has raised timber floor with access below? How is roofspace access, and what type of roofing? metal or tile? Makes...

I have my PPOR & 2 IPs' spread over 4 sub accounts within this product. all are x linked in various ways, and have been for several years. Im presently applying to "unattach" them from each other. I think the bank wanted them x linked due to high LVRS, but these Props have now all...

Thanks Boods yes, in real simple terms... Expanding on that though, you need to also account for management fees................None, I manage. body corporate fees.............None water rates........................yep council rates......................yep...

Ok Thanks all. So, im thinkin out aloud here and will probably embarass myself by showing my total ignorance... In real simple terms, if I borrow my $400k @ 6.25% and rent out at $500 pw, (6.25% yeild thanks winston), Im breaking about even re interest only re-payments? I wont...

Wobby Spot on, I asked for simple. Thankyou. I understand this is basic 101 stuff, but I have not before bought an IP based on return alone. Previous stategy has been buy low, and rent high, (of course without scaring away tennant). The rest seems to fall into place...

am trying to sum up a potential IP. Whats the simple calc for summing up property. In this case, IP will cost me $400K (100% borrowing), ill rent it for $500 pw.

Wylie; Thanks, will contact a solicitor for estimate. I agree with you regarding pay more at auction to save on legal battle. Terry; thanks, exact answer to my question. Pully; costs cant come out of estate as estate will be wound up before any negotiations or legal action take place...

OK, lots of wrong assumptions goin on, guess it s hard for late posters to read all previous. Here are the summarised facts as posted previous: 1) This post is not about a dispute within an estate. Its about 2 joint owners ( or tennants in common) not agreeing on selling at auction or one...

Im Ok with the emotional memories bit, not much in that house looks like it did when I grew up in it. Dad converted my room into industrial storage not long after i moved out. His second wife then went about re-arranging the place. Dad left her enough cash (outside of estate) to buy her own...

Piston, yes there is an outside influence whispering in his ear. When he stares at me blankly, and wont respond, I can see that he doesnt know what to say, as shes not there to tell him what to do. I could start a whole new thread on her. :eek:

Piston, please explain some more.

Savanna, Wylie (6 wks ago?) and Dazz, Im sorry for your losses. we could save on counciling costs and console each other in the lounge room..This parent dying thing is crap. its not right, it shouldnt happen the way it does. you know its going to happen, but when it does it knocks the s__ out of...