Hi guys, we want to sell an IP because interest will soon jump from 2.4% to 6.99% (IO). However, we also looking for ways to hold it. One way...
Hi, Our IP. (PC 2500) rent per week history: 2014 - $490pw 2017 -$450pw (vacancy rates high so we dropped it to get tenancy quickly) 2017-$480...
Four years later and deck not yet painted! Busy with bigger projects. Now - if this rain ever stops - we will get back and paint the deck. What...
We’ve checked with Council and it approves duplex/dual occ. fire proofing between floors and blocking off the internal stairs seems to be the...
Hi - yes- long term we want to knock down and build duplex but that’s a few years away (5-10).
Hi, We are looking at how to increase rental income from an IP, the house is 3 br+ 2 WC upstairs + 1 shower. Downstairs is a 5m x 4m open room...
Hi there For insurance purposes I need to provide an estimate of the total cost to rebuild a duplex at today’s prices. This would include the...
Apparently it’s a case of , investors put in $$ for one year against a first mortgage (in this case, a $5 mi apartment in Sydney’s E suburbs),...
A retiree friend wanting to get more than zero interest on his super capital. He’s looking into options for better returns. I’m a little concerned...
illawarra IP has been listed for months. Selling to reduce debt. Finally got 2 offers but 15-10% lower than asking price. Accept it or wait a...
Does it look that way to you? And by how much difference is what they’re trying to work out.
Me either LOL !!! Terry To compare: - rent income - running/mortgage expenses Between both houses, it looks like they’d have more cash-flow if...
Plan is to hold both until after they’ve both lost all their teeth apparently LOL ie retirement fund plan
That would be House B. It would lose 12k pa approx (+/- dep sched etc). The House A would lose only about $900 pa...and from my experience, if...
Hi Jess Yes they have a dep sched on both. The more expensive house is newer. they were not able to change to IO..something about the fact ehy'd...
Hi Scott yes - depreciation yes yes - the husband/wife own both, both as 50/50 'joint' i think it's called. not sure waht interest component is...
Hi, is it possible to withdraw cash from super to invest into property? Or to withdraw a lump sum of cash ? Ta
My friend is returning soon to live back here after an overseas posting. They own two homes. They are deciding which one to live in. Both homes...
I just read the most interesting Terry W post - selling a property to a trust and then using the proceeds to pay off non tax deductible debt,...
Hi Stoffo, have arranged with a selling agent who will contact them this week. I agree to be honest I understand if they want to move out ASAP.
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