How do I value my portfolio?

Discussion in 'Accounting & Tax' started by Jasper, 9th Jun, 2017.

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  1. Jasper

    Jasper Well-Known Member

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    My PPOR was last valued 3 years ago when I took out loans to buy two IPs. The banks did these valuations.

    Everyone harps on about buying again when you have gained more equity. How do I know what they're all worth now? I know this might be a dumb question, but there's only one way to learn.
     
    Jasper, 9th Jun, 2017
    #1
  2. Cactus

    Cactus Well-Known Member

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    You value it against comparable sales in the area.

    Or just get someone with corelogic subscription to do it for you.
     
    Cactus, 9th Jun, 2017
    #2
    Sackie likes this.
  3. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    ask your broker to some upfront vals with a couple of lenders


    ta
    rolf
     
    Rolf Latham, 9th Jun, 2017
    #3
  4. Jasper

    Jasper Well-Known Member

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    Do they do this for free? Thanks
     
    Jasper, 9th Jun, 2017
    #4
  5. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    A lot of lenders alllow brokers to order upfront valuations for free.

    Which banks are you with?

    Cheers

    Jamie
     
    Jamie Moore, 10th Jun, 2017
    #5