Search results

Hi All, Sorry to keep banging on about structures but I do believe it's one of the most important aspects to property and likely the biggest most get wrong. So this question is regarding the best structure in the instance you own 1 single IP. This means no PPOR and no Split/LOC facility (we...

Hey Accountants, I was just curious as to what formula you would use to calculate the required capital growth to offset a negative cashflow investment to break even. So the annual loss which would take into account all income received (rent & depreciation) minus all expenses. For...

Just a quick little story for this Thursday. I recently battled tooth and nail with my local council to get a second crossover approved on my planning permit. After pulling of a miracle I was successful. My PP has been amended and also approval for second crossover done. Today my wife sends...

Hey All, Anyone have an area assessment template they use for performing due diligence during suburb selection? I have a heap of things I look at both never bothered to document it correctly. Might be a good idea to start but was keen to see if anyone else had something that could help me...

Hey Brokers, Anyone familiar with RAMS cash out policy at 95%? A friend of mine purchased an IP with RAMS around 4 years ago at 95% and paid the hefty LMI costs. Keen to utilise this again and pay the adjustment but with changes to the lending landscape this may be quiet difficult I am guessing.

Hey Experts, I am trying to find the answer to a question but still am not clear or have a definitive answer. It is likely I am not explaining myself correctly so I will try to be as clear as possible. I am trying to understand and determine if the following scenario would result in loan...

Very quick question, do lenders ever pay any fees associated with discharging from another lender? This could include discharge, fixed rate.etc

Hi All, I know this is a property forum but given I spend so much time on here I thought I would ask some of the finance gurus. In October my novated lease through my PAYG employment expires and I am unsure whether or not to do it again. To be honest I am unsure of the benefits I even received...

Hi All, I was wondering if anyone was familiar with agent in-house auctions. This is a fairly new concept to me but I understand is used a lot more in other countries. My mother in-law is selling her home and is exploring this as an option and I wanted to know if anyone has been/used one and...

Just out of curiosity are any lenders still in this space? And yes I know this is not a wise place to be regardless but just curious.

Hi All, There is a lot of discussion and several threads about the general lender tightening but I am keen to explore this from a big picture outlook on the Australian Property Market. What are peoples thoughts on how this will effect the different markets in the short and long term (3>24...

Hey All, If simple enough to explain, what is the formula for calculating the interest tax deduction on a loan annually. Using an example of a 100k investment loan on IO over 30 years at 5% interest and say your on a middle tier tax bracket at 37 cents. On my calculation the interest...

Greetings Brokers, A lot is often said on these forums about credit enquiries. Whilst I understand how they can affect your ability to gain finance, little has been mentioned as to how exactly in regards to the number, frequency, with whom the enquiry was with.etc I also understand each...

Hey Brokers, Jut interested from your experience how valuers assess cosmetic renovations? I am completing a full Reno of my home at the end of the year which will include: Painting Render Resprayed roof New windows Landscaping In terms of market value this will add considerable value...

Hey All, I have read that some brokers recommend that if you have both equity and savings and wish to purchase an IP that you should pay the savings into the loan and then release that equity in order to make it fully tax deductible? Example - Say I have 30k in equity and another 20k in...

Hey All, Does anyone know if and where you can get all the data from the back of most property investment magazines (median prices, 3,12 month growth, vacancy rate.etc) in a downloadable CSV or similar format? I want to be able to easily sort through the data and start to track trends...

Hi All, Never thought I would start a thread on Tassie but wanted to get some people's opinions, ecspecially those with current investments there. I have been reading and through my own research have seen yields achievable around the 12% mark. Hobart in particular is the only capital with...

Hey All, Quick question. What considerations need to be made if your parents were to gift you and your sibling the sale proceeds of one of their properties? What are the considerations for the parents? Keeping in mind they have enough income producing assets to fund retirement. Are there...

Quick question, If a subject to finance clause is in place and is unsuccessful for whatever reason. Is there any cost at all to the attempted buyer? For example if you pay the deposit, would you need to pay a solicitor to organise this returned? In brokers experiences, have you seen a...

Hey All, If you wanted to build before subdividing am I correct that the valuer will consider the combined values of the two properties and then deduct a percentage (say 20%)? If so then what other options are available that could allow you to begin construction without subdividing first...