I think what has happened here is the body corp is oncharging the plumbing costs not the water bill. Now approx. $5k is very high for a plumber...
I have Landlord Insurance for cases when my tenant, their guest(s) or tradesperson injure themselves.
What I did in this situation when my mother asked to rent my apartment when it was vacant: I helped her research a good apartment for her to rent,...
I would never do this. Like to keep business and personal life separate. What happens when it comes time to increase rent and they think you are...
After using all serviceability with one lender I have moved my PPOR loan to NAB to further discounts on few loans I have with them. Also their val...
Hi Terry, Thank for your post and link to the Tax Tip. What NAB are proposing is the following scenario: 1) PPOR Loan $300k Refinanced → Brand...
In the process of refinancing the PPOR to NAB to release equity after a major renovation ($100k increase in value based on bank val). The current...
I've seen this break families apart before with colleagues of mine. What happens when you wish to increase the rent to match the market rate and...
Just finished grinding through Fallout 4, now playing through The Witcher 3.
I have extended all of my IO loans by max 5 to 10 years as per banks approval. Still leaving them on variable rates just in case I decide to...
The things I have noticed that are in common when speaking about property with my Chinese friends: absolutely no swimming pool. None of them know...
If you want to sell your property for $300,000, list it as $298,888 to attract the Chinese market (only joking). See the Property Chat article...
If I was building a house in a suburb that as a very high population of Chinese for example: Sunnybank in QLD, I would consider hiring a Fengshui...
In my post I mentioned "If I were to" to state that we don't track our expenses for the exact reason you highlighted in your post.
We have refined our budget so tightly there is honestly no need to track our spending. If I were to track our spending I would sit down once a...
I would vote no for a pool for an IP. If I had to purchase an IP with a pool I would include monthly pool water testing/chemicals each month into...
Thought me how to structure loans in the most optimal way for long term investing. Not to fear buying properties that are not perfectly renovated...
I did a quick reno with a kitchen that looked very similar beforehand. I replaced the bench top with a granite look-a-like and 2pac (semi-gloss...
Loans with ANZ: PPOR @ 4.00% 3x IP Loans @ 4.22% Loans with NAB (Homeside): 2x IP Loans @ 4.05%
I always pay cash for motor vehicles for two reasons. First they depreciate in value and the second and most important reason is that the loan...
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