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,...
Price decreases as you go Heidelberg, H Heights then H West. Check out Bellfield over the overside of Bell Street however not as many sales as H...
I bought in Heidelberg West market in late 2013 before it went bonkas. Sold recently for $200K more than what I purchased for and moved onto other...
The market in the Manningham and Whitehorse council areas are still very solid due to desirability, good amenitites, schools and overall people...
Check out further east of Melb, 2 bedroom units in and around Bayster within a small complex of 2-4 units with room to increase equity thorugh...
1990 - Born in Melb Starterd working 2 jobs when I could and completed uni in 2011 2012 - IP1 Melb 20km east $360K pp 2012 Got a job working full...
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