Generally usable equity is up to 80% (without incurring LMI) so, assuming IP valuation of $470k your usable equity would be $164k. You also...
I use Paula from DDRE for my Petrie property. Very happy with the team to date. Paula Staracek | David Deane Real Estate
I use Paula as well, they do a great job for my property in Petrie
Have had do this. Not fun, but having a very good PM is crucial especially once they are out to assist with repairs and insurance claims. Hope you...
I was on 7.46% with Pepper IO. Finally discharged the loan today! Good riddance! Horrible lender.
Have a read of : Rental law changes | Residential Tenancies Authority Your PM is right in steering you away from periodic leases with the new QLD...
Yes I am on a 5yr IO Pepper Loan that ends next month. As others have said they will not entertain the idea of an extension (not that I would...
Be mindful of Pepper. I currently have a Pepper loan. The interest increases have been over and above the RBA increases on at least 4-5 occasions....
Fair point @Brady. Discharge fee is of no concern. The main concern is I would be doing the discharge myself with no other lender or broker...
Thanks for your replies. I'm a long time reader here and the knowledge and helpfulness of posts from the PC community is invaluable.
Hi, I am wish to close out an IP loan with a terrible lender but have them keep the title. I don't want to discharge the loan and then have the...
1. Up 20% 2. Up 26% I hope the proposed new landtax laws don't see the light of day!
I unfortunately went through the exact same experience as you, but I was insured with EBM. While EBM did cover all damages they too do not cover...
I am going this scenario now, although I am in QLD and a little further along than you. Also I have a PM. But rough steps were ; 1. Apply to court...
I have a PAYG variation in place. Helps with cashflow. Better in my pocket now than waiting a year for it come tax time.
It also takes time for them to process the form. I just completed this process with AMP recently and it took 5 business days.
This guy does the best excel templates in my opinion. Has free and paid versions. Free Investment Property Calculator Excel Spreadsheet
I lived in Rosehill for a few years, directly opposite the Rosehill train station. The train line is extremely bad. Having to change at Clyde is...
@brettc I have building insurance through NRMA, and EBM RentCover Ultra for landlord. Does the EBM RentCover Ultra cover the contents like fans,...
Hi all, I am a fairly new IP owner. Only 1 year in on my investment journey so far. I have both building and landlord insurance, but not...
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