How does Canberra’s increase property tax on IPs work if you’re occasionally renting out your PPOR on Airbnb (when you’re away travelling for...
So Rolf are you saying that because this mortgage utilised the FHLDS I’ll never be able to dip into the redraw, even after I’ve paid off more than...
Okay double checked the contract. For reference the loan is Defence Bank’s Essentials Home Loan Ultimate Package, it specifically states that it...
An offset is being built up with my surplus payments but won’t be accessible until the fixed interest expires (I’ll need to double check that with...
Hi everyone, my investment strategy is to accumulate several high yield apartments over the coming years, with less emphasis on capital growth....
Hi guys, I’m in the same boat as OP (although looking to do the right thing, just trying to understand my options). I’m eleven months into my...
Yes, it would be illegal. I don't know what the penalties are - just don't do it.
Ah okay everyone thanks for your feedback, yes I haven't crunched the numbers but expect it would be a pricey renovation for a very modest...
You're right, it does, however I'm not sure the person upstairs would want the second person tromping through their bedroom to access the bathroom...
Hi everyone, I've looked online for an answer but can't find anything, so interested to get your knowledge/experience - are there any general...
Can you explain why getting your first property as OO is the best initial starting point? Is it just because it leaves you with a lot more room to...
Hi everyone, I'm a FHB who will be purchasing a 2/1/1 apartment in inner-city Canberra to take advantage of the first home loan deposit scheme...
Yes, OTP apartments and townhouses are eligible, although as people rightly point out, settlement before 31 Dec 20 at the latest and commencing...
Okay I'm going to run the numbers on a few scenarios with a couple of properties each: Buying new/OTP for the additional $25k and tax deductions...
Do you mean a free standing house? Or free hold title (non-ACT)?
Thanks Trainee, fair points, although some require further context: I'm looking at newly built or very-soon-to-be-built OTP properties with a...
Thank you everyone for commenting. To answer your questions: This property will be a yield play, rather than capital growth. My strategy involves...
I know this is a minefield, but for my first property purchase it aligns with my strategy and goals, so I plan on making a purchase in the next...
Hi Nik, I believe you can as I'm looking at doing the same (as well as throwing in the Defence Home Ownership Assistance Scheme to boot!)...
I ended up contacting Claire thanks to all these recommendations, and although we didn't speak for long she was very helpful! In case you're...
Separate names with a comma.
