Who would you recommend to engage in Melb for this advice?
-They are all under one of the major lenders. - Yes they are crossed collateralised. My reasoning behind this is that I wouldn't have been able to...
- I have factored in the stamps and closing costs etc. I can cover that no worries. - I have ran the numbers, however I don't want to dip into...
Situation - 26y/o - Income is around $80k net per year. - 5 IP's currently total combined loans of $1,378,217 at 4.3% IO for 5 years and with...
Thanks for the comments and advice so far. All has been helpful and making me think deeper about what issues could arise. I earn net $80K / p.a....
- Commercial/retail properties I'm not really looking into at this stage at now due to the high entry costs and GST involved if I was to find a...
What would you guys do in my situation. I'm interested and open to hear all options and opinions. Current situation: - 26 living in Melb. -...
- do minor renovations to increase equity in exisiting IP's - increase rent - buy another IP at the end of the year in 2016 - go on a holiday - be...
If you go down the option with a volume builder they'll only allow you to use their floor plans or ones that have been tweeked a bit. They'll...
You can choose to manage the whole subdivision process yourself or engage a town planner or architect. From experience, I engaged an architect to...
I'll put it in an example. IP example (Melb property): Buy for $500K (stamp duty, legal, other fees add another $30K) so brings it up to $530K,...
It isn't going to explode like Melbourne short term but it is a solid investment to buy and hold long term with minimal holding cost from day one....
Did some heavy research when I bought one in Wendouree and Ballarat East last year. Has steady growth since. Eureka has a few cottage style,...
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