It is a bit of a nonsense article as you dont pay stamp duty in Vic if you build . Stamp duty should encourage people to build rather than buy...
I increased my loan limit 50% 3 years ago state bank manager said I could because of LVR though some brokers here said you cant. Which was...
Yep true . Ashely Owens Atlas fund has only had 9% CAGR since inception only about 0.5% better than the bench mark. He makes a lot of noise...
Uh, a bird in the hand is worth 2 in the bush
BIAS.There is an echo chamber of bias confirmation here. People dont understand there is a world outside Sydney or oportunity cost. If you...
Some immigrants dont, they are used to living in crowded conditions and even prefer it that way as they fret living alone are superstious,afraid...
I strongly disagree all the shares I bought 30 and 50 years ago all turned to crap after the business's matured all 6 of them without exception....
Over the last 30 years RIP in Aus has had an average of 5% CG. You can buy companies with leverage, high leverage if you want, though I dont...
Did you watch it ?It actually shows why Melbourne is not a good place to invest obviously couldnt find a viable example in Melbourne , so...
Which market ? There are lots of markets. Probably never been a better time to build with so many ducks lined up. If you want to buy a market...
It is another myth that gets parroted until it becomes accepted fact, that you cant rent out GF in Vic. It is at council's discretion if they...
I get 12 months rent in advance by cheque and pay tax on it in the FY it is deposited and appears in bank account not when it is received ....
I would go to an insurance broker before I went to the bank . The bank may recall your loan. The bank can easily refuse to insure your property...
Do what ever floats your boat. I would focus more on returns than cost. If rent cant give you at least nuetral cash flow on a $265 k loan it...
The keys are handed over after settlement Settlement is the handing over of the keys !
In very REAL TERMS you are broke, Debt and expenses will rise. First buying cost perhaps 7% , then interest payment, insurance payment,...
I only have about 80 now in 2 portfolio's and have 3 managed funds. I had 4 portfolio's with a total of probably around 150 . Sold down US,...
Wagyu is healthy some fat is good, the cholesterol is good cholesterol, HDL , it lowers your bad cholestrol LDL if you eat it and reduces your...
But it may be 5% after tax, 10% you could give you a compounding 100% return
Yes , I buy at price points that will give me equity to take advantage of oportunity and have sold because holding will mean lost oportunity. I...
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