Peter_Tersteeg's Recent Activity

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  1. Peter_Tersteeg liked MB18's post in the thread Impacts of the rental crisis.

    I agree entirely. It could also be explained in a way: take this very second in time and imagine it could be frozen. In that frozen...

    8th May, 2024 at 5:19 PM
  2. Peter_Tersteeg replied to the thread Impacts of the rental crisis.

    An investor sells, another investor or first home buyer purchases. It's a net zero equation. Anicdotally it makes sense that if a lot...

    8th May, 2024 at 4:23 PM
  3. Peter_Tersteeg replied to the thread Mortgage broker.

    Any of the mortgage brokers here can do this quite easily, but interest only makes borrowing capacity worse, not better. The reason is...

    8th May, 2024 at 10:15 AM
  4. Peter_Tersteeg replied to the thread VIC Interviewing Property Manager Tips.

    Where is your property located? The mortgage brokers and buyers agents on this forum have likely found some great property managers...

    7th May, 2024 at 4:19 PM
  5. Peter_Tersteeg replied to the thread Mortgage Interest for Tax Purposes (investment/own unit).

    You haven't bought an investment property, you've bought a new home. Your old home is now an investment property. Since you don't have...

    7th May, 2024 at 9:12 AM
  6. Peter_Tersteeg replied to the thread NSW Moving out tenant with dog.

    I don't know about NSW but in Victoria tenants can get a dog and there's not much the landlord can do about it. If you try to evict you...

    6th May, 2024 at 12:41 PM
  7. Peter_Tersteeg replied to the thread G'day from Melb.

    Welcome. Was there something wrong with your house? Rentvesting is a useful strategy to get started in owning property, but if you're...

    4th May, 2024 at 1:30 AM
  8. Peter_Tersteeg replied to the thread Neg gearing - Borrowing in personal name and Title is PTY.

    Think of the trust and trustee as different people from yourselves. You can't claim the losses made by another person, so you can't...

    3rd May, 2024 at 10:30 AM
  9. Peter_Tersteeg replied to the thread Avoid LMI or Pay 20%.

    You need to understand what your ability to purchase the next property will be after purchasing this one. It should be fairly simple...

    3rd May, 2024 at 12:26 AM
  10. Peter_Tersteeg replied to the thread Have you got time to do a Chivalry survey.

    To my thinking It means courtesy, with a twist of gender.

    2nd May, 2024
  11. Peter_Tersteeg replied to the thread Avoid LMI or Pay 20%.

    Seems odd that the 80% loan has a higher interest rate. You should be paying about 6.5% for that. From one perspective LMI is a waste...

    2nd May, 2024