Going from 3yrs @ 2.34% to 6.6% (IO var)
This sound correct? My lender is telling me I need to wait until my fixed rate expires on one of my loans before I can extend the IO period - if...
With your budget, you should definitely focus on freestanding house and land. Aside from the equity growth from the land, which will allow you to...
Not necessarily..our income tax tiers aren’t indexed in Australia, so whilst pay nominally increases, the tax levied does so disproportionately
Agree - you wonder if media’s getting fed by both Labor and Greens media teams on this issue to build up a head of steam. It’s an easy short term...
Max’s other pet project..rent control: The global failure of rent controls: A tale of international cities
Greens rep is dog whistling to his crowd (young pre-asset owning; inner city lefty trust fund kids) on the tax point. Tapering off neg gearing is...
We’ve owned this properties like this in the Inner West for years. Rarely an issue as long as roof/guttering maintained. Unfortunately B&P...
Doubtful..Hayne Royal Commission casts a long shadow over both lenders and APRA. Both are terrified of the left wing media who’d jump at any...
It’s a bit of a deficiency, one could argue, that the builder isn’t compelled to renew coverage for the deficient elements (major or minor, as...
In NSW, a licensed homebuilder undertaking works valued at >$20k has 6 years to address major defects (with Homebuilders' Warranty covering that...
Anyone got any recommendations for a job like this? Plus any idea of likely cost? Location Inner West Sydney. I’d expect the scope to be: -...
Agree. Having lived in, then subsequently observed, property trends in London (larger city, attractive to internationals, some geographic limits...
Yes, you are correct - if your mortgage interest payments over the year total £9,000, you qualify for tax relief of £1,800 (20% of £9,000), so...
A bit older actually..circa 2,000 years old (!) But the key point is really this.. only a tiny minority died with assets as little as 120 years...
It’s interesting to benchmark to overseas markets..as someone familiar with London and the UK, the same affordability issues exist in UK...
Max Chandler-Maher:”Right now, because our tax system is stacked in favour of wealthy investors, it’s easier for someone to buy their fifth house...
Why do you need 5-7 properties? You could get target total return (capital growth + yield) on fewer, better located properties. Personally, for...
Oh but you can go backwards ..indirectly at least. A promotion could mean more $, but also more KPIs, more hours (official or unofficial) on the...
Tripped up a couple of times on a few things in years gone by, you learn by experience (!)
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