Any negatives from a landlord insurance perspective if I just let the lease become periodic ? I know the tenant can break lease earlier if if it’s...
In this case of re leasing, there is actually no home opens or vetting of tenants bc it is the same tenant ! I unfortunately did sign the...
Hi there, I’ve had the current PM for my IP in Girrawheen for a while now. Recently they charged me a re lease fee of 1 weeks rent plus gst. I’ve...
We purchased one in Brisbane in 2021 and have achieved about 76% growth in that time frame so regardless of interest rates, the growth has been...
One of the negatives of buying property in smsf is the higher interest rate. I have one in the 7.21% range and one at 8.45%! . Still think it’s...
Thanks terry, I have read the other thread but am still confused ! Anyhow, will read it again.
If you bring along another director to Improve borrowing capacity, would this negatively impact each director’s personal borrowing capacities ?...
If one has hit their borrowing limit personally can they just use a company to increase their serviceability ? So is the borrowing capacity of a...
Shahin, can you clarify the pros and cons of borrowing as a company vs personal names ?
Hmm interesting location for an investment property. I don’t know much about Melbourne but rather surprised a BA would suggest such a location,...
You may sell and then prices increase. Have a look at Perth prices from 2014-2021 - flat, parts of of Brisbane also had no growth from 2010-2020...
Development numbers don’t look good. I’d just sell as is or if you can hold for few more years…..Melbourne prices are at a low now, hopefully some...
Surprised that you think your later purchases to increase by larger amounts than your earlier ones. Would have thought the earlier ones would be a...
Agree with Sackie, I’d be looking at buying in Melbourne…..you’ve got great income, just need to work on the deposit. When you buy, if you can’t...
Ah yes efficient because most kids at selective schools are already tutored usually ! Hopefully others on here will see your post and can contact...
Yes you may need to tutor kids who are not from that school ? I would pay a premium for a tutor who is a selective school teacher vs a tutor...
If you’re a teacher at a selective high school, would think that’s pretty good background already for tutoring success. Start off with small...
Hi jkb, interested how much did it cost to build the 3 villas and would anyone know how much it would cost to build such nowadays ?
Kitchen and general living areas look fine, bathroom may need a Reno at some stage. I wouldn’t worry about asbestos ( if u don’t disturb if it’s...
Sounds like from what others are saying is that you can still borrow to buy more IPs in personal names. When you no longer can, consider smsf...
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