Abbreviations in real estate discussions

Discussion in 'PropertyChat Community & Website' started by GoloaMelb, 2nd Feb, 2017.

Join Australia's most dynamic and respected property investment community
  1. GoloaMelb

    GoloaMelb Member

    Joined:
    31st Jan, 2017
    Posts:
    8
    Location:
    Clayton
    Hi everyone,

    I'm a newbie and at times find hard to put my head around a lot of abbreviations and reduce my understanding.

    Can anyone pls point me to where there are list of abbreviations in this forum?
    Tks
     
    Coolbreez and Joynz like this.
  2. Joynz

    Joynz Well-Known Member

    Joined:
    5th Apr, 2016
    Posts:
    5,751
    Location:
    Melbourne
    Great post. I had exactly the same issue when I joined.

    Also a couple of members just use them at random and I suspect these examples wouldn't get on any list.

    Here's what I know so far:

    POPR - place of primary residence (your home)
    IP - investment property
    CGT - capital gains tax
    IO - interest only
    P&I - principal and interest
    LOC - line of credit
    OO - owner occupied
    PM - property manager
     
    Last edited: 2nd Feb, 2017
    balwoges likes this.
  3. jprops

    jprops Well-Known Member

    Joined:
    24th Sep, 2015
    Posts:
    885
    Location:
    Sydney
    POPR == PPOR? Primary place of residence
     
    Dan Donoghue likes this.
  4. Jennifer Duke

    Jennifer Duke Well-Known Member

    Joined:
    23rd Oct, 2015
    Posts:
    346
    Location:
    NSW » Sydney
    Some others I've seen some more regularly than others...

    NG - negative gearing/negatively geared
    CF - cashflow
    +CF - Positive cashflow
    B&P - Building and pest (inspection)
    SS - Somersoft (the forum before this one!)
    LL - Landlord
    LI - Landlord's insurance
    QCAT/NCAT/ACAT etc - tribunals
    RTA - Residential Tenancies Authority
     
  5. eskander

    eskander Well-Known Member

    Joined:
    31st Dec, 2015
    Posts:
    105
    Location:
    NSW » Central Coast
  6. GoloaMelb

    GoloaMelb Member

    Joined:
    31st Jan, 2017
    Posts:
    8
    Location:
    Clayton
    Great replies! Thank you all very much!
     

Buy Property Interstate WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia