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  1. J

    2BR unit reno to reval & extract equity questions

    Hi all, For a 2BR single-storey unit that I'm planning to do cosmetic reno to: 1. increase rent 2. hopefully reval & extract equity 6-12 months down the track Questions: 1. While I'm aware that it doesn't always happen, what renos to a unit will more likely result in increased equity...
  2. J

    No non-deductible loan, where to place savings?

    Hi all, For someone who has NO non-deductible loan: Question 1: can someone please tell me which of the following point is correct or it depends on individual circumstances? * offset for IP loan is futile * offset for IP loan - interest saved is still greater than potential tax...
  3. J

    Disbursement authority leftover funds on settlement?

    Hi all, Would appreciate your advice: Received loan contract and need to fill in disbursement authority. * IP loan with offset * Never had any other loans before For "Leftover funds on settlement", should I: - let it be credited to my loan acct? But I should not pay down the loan...
  4. J

    Money gift from overseas

    Dear all, My uncle from overseas would like to provide a one-off money gift (possibly A$50k) to me. 1. This is not taxable right? 2. Do I need to declare to ATO? If yes, when? When I receive it or at tax return? 3. Do I need to keep a documentation that this is a money gift from a...
  5. J

    Cricket fans on SS?

    Hi guys, Any cricket fans on SS? On that matter, anyone on SS at WACA right now? ;)
  6. J

    Contacts in Brisbane North for repair/maintenance

    Hi all, * Anyone got contacts in Brisbane North for: - roof reseal and repoint? - termite chem barrier? - new pergola/patio info? Thanks all!
  7. J

    What to do now? (post B&P)

    Dear all, New to prop investing so would appreciate any opinions on this situation. *B&P done and several issues identifed: - roof needs reseal and repoint (est. $4k req?) - house has no termite chem barrier (est. $3k required?) - pergola rotten posing a safety hazard requiring...
  8. J

    iPad Air vs Tab S?

    Hi all, Just seeing if anyone has opinion on whether I should consider iPad Air vs Tab S (assuming both got 16gb and cellular). Currently got a Samsung S2 smartphone. Never owned an Apple product, not against Apple at all, just never did. Cheers!
  9. J

    Adelaide PM recommendations and fee structures

    Hi all, Anyone got recommendations for Adelaide PM and can provide me with an idea of their fee structures please? Thanks to Lil_skater I'm aware of a couple and know their services/fee structures; just doing my own DD and want to contact a few before I decide. Thanks!
  10. J

    Offset account questions

    Hi all, I'm new to property investing so please excuse my silly Qns. Have read prev posts (especially Terry's) and just trying to get my head around this. *Personal situation: - No PPOR loan (and do not intend to buy a PPOR any time soon), no personal/car loans. - Have $150k in cash...
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