The rate will drop when the economy is not good and the unemployment rate goes up. If the unemployment rate goes up, there will be less people...
Brisbane is close to doubling since 2020. Why you think there is another 20% this year? The past couple of months' growth rate is about 1% a...
We already have a SMSF bank account. Do we need to set up a bare trust bank account for purchasing a property? When I make deposit and B&P...
@Terry_w @Paul@PAS Thanks Terry and Paul.
Why avoid QLDers? I think unconditional offer could be quite risky without B&P inspection.
@Terry_w @Paul@PAS Thanks for taking the time to answer my question. I really appreciate that. I have the intention of moving the kitchen to...
Thanks, Terry. Do you mean typically one property under one bare trust (corporate trustee + bare trust)?
If I have already bought a house under an existing bare trust with corporate trustee, do I need to set up another corporate trustee to buy the...
Some lenders require 5% buffer for a SMSF loan. Once I get the loan, is it mandatory to keep the 5% buffer? Does the lender audit it periodically?...
I intend to buy a house that needs a full reno, i.e. new kitchen, new bathroom, etc. Do SMSF rules allow for a complete reno if I use our own...
Thanks for the advice @Rolf Latham @Tony Xia If the lender gets the repair cost of $20k. Does that mean they will still give me a loan as long as...
Do wall cracks affect getting a loan from the lender? The building and pest report identified some cracks on the walls of the house ( attached...
Is the $70k loan interest tax deductible if there is a loan agreement for the initial $100k loan?
Thanks so much for your advice. We lent the trust $100k without charging any interest to buy the IP. The property was evaluated after a year and...
We initially lent about $100k to our family trust to purchase an IP. After a year, we refinanced the property and cashed out $70k. Can we use the...
Does the property loan need to be reviewed by the lender if the government buys some land from the owner of a property for road construction? Thanks
Congrats. What is your thought on Perth vs Townsville? Townsville seems to lag Perth quite a bit. Does Townsville present a better opportunity now?
How do you ensure that the property does not have flooding risk? I heard from locals saying that the flood map is not accurate based on what they...
I have seen an increase in listings in the suburb I am living in and the number of people attending the open home seems dropped a bit. I guess the...
Thank you all for the advice.
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