Noted Terry. I will have further discussion with my accountant tomorrow. Thanks for your advice.
Well, there you have it, not my finest financial decision, but it is safe to say our accountant advised to return the funds :oops: so here I am,...
Hi Rolf, Not sure exactly what's in store for this property. It was our first property purchase back in 2006. We paid off ppor couple of years...
Good point! Maybe there was a reason why I haven't done this sooner after all.
$2200 seems like a decent saving, until, as you say, factor in the refinance costs. I will stay put for now, I can save $4k a year just by leaving...
Very high, but I have to admit, since posting this I had a good look at the loan features: redraw is available. I have just dumped a $70k savings...
Since refinancing last year with two other IP's to P&I (fixed 3.88% NAB) I am considering options with our last IP on I/O: $142k loan with...
Hi Tools, What is your opinion of Troy Harris and his seminars/course? Do you know of Arena because you have attended the 100k club and bumped...
Hi MTR, I can't speak for all of Croydon, but my dad did sell his property for a reasonable price.
UPDATE: 10 months later we are still in consult with Arena Equity. They have provided us with the information necessary to purchase OTP with them....
A valued suggestion regarding creating competition between developers. It definitely is a wise move to not hang your hat on the first one that...
Whoa....very interesting. Fickle even. I would take advantage of that if it suits your financial position to do so.
If I am to understand your comment, there is little"benefit" to my dad if he lets another develop his land. Could you elaborate on what you...
Thanks @Jess Peletier :)
Also, if we did sell it, chances are a developer would buy it and put the 4 units on anyway, at least this way instead of them paying $900k for...
I'm not quite sure I understand your question, "retail price"? I have explained the simplest way I could so I did not confuse myself, but that...
Excuse my ignorance, what is B&P?
Sorry guys I have not been ignoring all your insights, just thought the thread died because I wasn't getting the notifications :mad: Hot market,...
@sanj my dad does have another unit he lives in just around the corner from this site, he owns it, no rent to pay, no mortgage to pay. As you say,...
Separate names with a comma.
