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Does anybody know whether any of these packages apply to registered psychologists who are members of the Australian Psychological Society? Psychologist that is, not psychiatrist.

Hi there people Three weeks into a tenancy our Suncorp insurance works to have a roof replaced on our investment property commenced. They removed the asbestos roof and tarped it up overnight before a large deluge caused some leaking. The insurance repairers are in there the next day...

Out of interest, is the cost for a surveyor to look at it over $1,000 generally?

Hi Terry Thanks for the suggestion. I have already employed a debt recycling strategy by taking out a LOC against the current PPOR which pays for all expenses associated with the IP so that I can direct rental income into paying down PPOR debt. To me it's a great idea that already seems to...

Thanks Richard. If I went with option two, would I be able to have a loan secured against the old PPOR in both names as previous deposit for first IP if I only owned 1% yet the loan is more than 1% LVR? Also, can I do this if we are currently joint tenants rather than already tenants in...

Hi everyone Just wondering if anybody has any insights into the above situation (previous post)? Cheers Luke

Heya Rolf I too am looking into this as an option, however my situation may be complicated by other loans against the current PPOR in different names. I'll run by the situation with some minor details: My current PPOR is in the name of both my wife and I (joint tenants) and we have a main...

Contrary to some opinions, I think the setting up of "debt recycling" or "capitalisation of interest" is really simple. I have set it up just recently, simply by getting a LOC which will be used exclusively for all IP expenses. I receive the rental income as before in one of my accounts but...

Hi rotterdam Actually, I already have a block on which I'm hoping to do a battle axe dual occupancy in Mundingburra. I'd appreciate any advice/contacts, rotterdam. I haven't started looking at any builders or kit homes yet, however I've seen some really nice low-set Queenslander style kit...

Hi rotterdam In which suburbs of Townsville are your blocks of land? Are you talking about building and selling or simply just selling off the land? If you're looking at building, what are thinking of? I would like to do a dual occupancy in Mundingburra by building a kit home beside...

I managed to pick up some reverse-cycle splits in good name brands (Fujitsu and Mitsubishi) for $300 last year - which is probably at around cost price. But having an installer do all the piping and an electrician finishing it off is hardly cheap. Unless you have a mate who can do it cheap...

Thanks heaps Shadow. That link provided a basic estimate of $1,200 to $1,500 per sqm for the average pole home, which at least gives me some kind of idea. The pole homes in the photos looked like a much more expensive level of finish to me though! Just one more question; generally, is...

Thanks for the hints Shadow and craigb. It sounds as though you've both had experience in building on such sites. Of those instances that you know about, how much "extra" did it cost to build a pole home rather than say the equivalent home on a slab on a flat soil block? :confused: I'm...

Thanks for your advice Propertunity. It sounds as though there's no general rule to estimate the additional costs of building on sloping rocky terrain. However, does anybody have any experiences they can share of building this way? Or does anybody have any experience with geotech reports...

Hey Burty Good to hear the duplex is coming along well. From my renovating experiences the things I've found that have cooled a house down (either purposely or inadvertantly) include; replacing old, clear glass windows with new tinted windows; ceiling insulation (courtesy of Gvt rebate)...

Not being a builder myself, I would like to know how much more expensive it is to build a house on sloping rock than it is on a flat soil surface? I'd imagine that there would be at least two options - a pole home or cutting into the surface to make it flat before laying the usual slab...

Thanks, Julia. I love it! Just setting up my LOC now to get cracking on demolishing the PPOR debt. I think it's a great strategy and another positive aspect of having IPs.

I agree on the point that going to much trouble and cost to setup "asset protection" seems to be a waste for most investors. Furthermore, it would seem that most people would be better off in the long run to purchase in personal names (eg. in partner's name). I have recently employed a trust...

Hi Bludger Do you currently have any PPOR debt? Because from my understanding of things, capitalising interest might be effective for "debt recycling" and redirecting rental income into paying down non-deductible PPOR debt. Cheers

Ok. All looks the same to me. So the short answer to my question is yes. Importantly, if I go ahead with this, the LOC will be strictly investment and not contaminated by personal expenses whatsoever. I'll have to check whether I can pay expenses and interest repayments directly from the...