Can you elaborate on it?
Thank you, It's quite interesting comparing house price here with other surrounding suburbs, 30-40% cheaper than Clayton, Glen WV. etc. just for...
@The Y-man With local experience, which pocket of Mulgrave do you think is good for an IP? I check the map and see there's only one pocket...
@Terry_w I got it. So as long as the property generates income, you can claim interest as expense no matter what the loan product is.
Is there any complication at the tax time if you have a OO loan for your IP? Can the interest be claimed as an expense for the IP?
@Rolf Latham my LVR is 80%
@Lindsay_W I bought this one with a long settlement. At the time of purchase, my intention was to move in and make it PPOR, and convert my...
Hi guys, I have a question on refinancing and want to seek some advice from everyone. My property will be settled in a few weeks and I have a...
oh, I'm not sure what can be built with 7m frontage, haven't seen anything similar around the area, and not sure if the planing scheme allows us...
@Tufan Chakir How much will the separate wall cost more than the single wall?
Hi @Terry_w, with strategy 2, do you need to live in the IP for more than a year, is there any minimum threshold, I did some search but didn't...
@gach2 by triplex, do you mean 2 in front and 1 at the back? I thought about it but not sure if the length 33.5 is enough.
thanks for your recommendation. I found some similar blocks around my area and all of them are duplex, none of them built 2 detached houses
There's many subdivisions around my area but most of them are front and back and some duplex. My block has a wide frontage of 21m, so I'm trying...
I'm in VIC, City of Monash, and have seen many duplex developments around, but the block size is quite standard with the width ranging from ~16 to...
Hi all, I have a block of land with dimension 21.5 x 33.5 and consider a development. My plan is to live in one and sell the other or may...
Hi all, Do anyone have experience about buying out the neighbor? How many % should we expect if we buy out the neighbor and then sell the...
@Rolf Latham The fixed rate expire in 11 months And yes, it will become an IP one day, but I’m not sure when.
@Jess Peletier thanks for your advice, instead of a LOC, I’m thinking about getting an IO loan with a offset acc attachted. How do you think?
Hi all, I'm new to the PP investment world, I'm doing my research to plan out a proper loan structure for my first IP, and need some advice from...
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