Will it annoy tenant privacy?

I want Quantity Surveyor to access the property for tax depreciation schedule (Ideally prior 30 June). However, I have just got tenant moved in last week. If wonder if Quantity Surveyor inspection will make tenants annoyed due to privacy distrub.

What are your ideas?

Will it annoy tenant privacy?

ANZ staff lend 90pc no lmi?

Hi everyone

Does anz offer its staff 90pc lend without lmi?

What's the full policy? Eg How long do you have to work there before you get that, does it apply to ppor only or can you use it for IP too?

Thank you in advance

ANZ staff lend 90pc no lmi?

Real Estate audio (research)

Hi all

I was wondering if anyone could recommend some good audio/podcasts etc. related to real estate investment.

I currently listen to a few on the way to work which are really great (real estate talk w/Kevin Turner & the property couch - highly recommend each of these by the way) - just wondering if there are any other resources that people would recommend?

Cheers

Real Estate audio (research)

2016 US Presidential Election

18 months or so out and this is already getting very interesting.

This is a list of current Democratic Party nominations.
Lincoln Chafee (fmr Governor of Rhode Island)
Hillary Clinton (Mrs #42, fmr Senator for New York, fmr Secretary of State)
Martin O'Malley (fmr Governor of Maryland)
Bernie Sanders (US Senator from Vermont)

So basically, Hillary and three other people you'll likely never hear of again.

Otoh, this is a list of current Republican Party nominations.

Jeb Bush (election fixing son of #41, brother of #43, fmr Governor of Florida)
Ben Carson (Pediatric Neurosurgeon)
Ted Cruz (Senator from Texas)
Carly Fiorina (Former CEO of Hewlett-Packard)
Lindsey Graham (Senator from South Carolina)
Mike Huckabee (bass playing fmr Governor of Arkansas)
George Pataki (fmr Governor of New York)
Rand Paul (Ron's son, Senator from Kentucky)
Rick Perry (fmr Governor of Texas)
Marco Rubio (Senator from Florida)
Rick Santorum (fmr Senator from Pennsylvania)
Donald Trump (current owner of the world's worst hair).

On the GOP side in particular, I'm really looking forward to the jostling.

But I still expect a Bush / Clinton rematch atm.

I think Jeb will have the best $$$ raising ability.

And I just don't see Donnie being (a) taken as a serious credible alternative to Jeb, or (b) lasting the distance without some form of moment that scuttles him. Just ask Howard Dean. Yeeaaahhh!

2016 US Presidential Election

Problem with Brisbane Council -- New Driveway and Tree

Hi All,

I demolished the house and start to build 1 house on each of the lots.

Now I have a problem for one of the houses.

There is a Jacaranda (street tree) in front of the block. I lodged a driveway application to council and was told I need to get approval from council tree section.

The tree section staff seems not willing to remove the tree.

If I move the driveway to the left side of the block, the plan is compromised due to setback.

I am building the right hand side lot at the same time so no setback for the garage if it is on right hand side. If moving garage to left hand side, it needs 1 meter setback.

My question is: does the owner have legal rights to have the tree removed or the council need to take consideration while making the decision that street tree should not compromise the building design?

I attached the plan.


Thanks in advance

Cheers

William

Attached Thumbnails

 

Problem with Brisbane Council -- New Driveway and Tree

Consolidating loans

Hi, I would appreciate some advice. At present I have 5 loans with 3 banks.
I have 3 investment properties

Bank A
Loan 1: home (PPOR)
Loan 2: Line of credit for investment property expenses
Loan 3: Investment loan

Bank B
Loan 4: Investment loan

Bank C
Loan 5: Investment loan

I was thinking about consolidating loans to one bank. Any pro?s and con?s.

Thanks

Consolidating loans

Loan Structure - First IP

Hi,
I am seeking some advice, direction and suggestions and I would very much appreciate your input.

My wife and I are looking to purchase our first IP this year. Our goal is to build a property portfolio that will assist us in retirement and provide a stepping stone for our three kids when each one reaches adulthood (which at this point in time can't come soon enough!:)). Before we purchase that first IP, we want to ensure we have our loan structure set up correctly and it is this area that I am seeking your advice, opinions and suggestions.

Our current loan structure is set up around our PPOR. We purchased the house in 2009 and the total mortgage is currently at $409K. The total mortgage is split in two and looks like this:

Variable P&I = $89K. This also has an offset feature that we place all our surplus money into.

Fixed IO = $320K. The fixed period has roughly 12 months left.

Last week, we sought and were provided with a bank valuation (desktop) on our PPOR. The figure came in at $630K. I am advised by my Mortgage Broker that, after all things considered we could have access to (approx) $95K of usable equity.

To move forward with our investment plan we are looking at setting up with our current lender a LOC against the usable equity ($95K), and then use the LOC for the deposit, purchasing costs, buffer etc for the IP. The outstanding mortgage for the IP will be sought from a different lender.

In relation to the loan structure for our PPOR, do you think we should be setting it up differently? Perhaps we should combine the two mortgage to one P&I, or IO loan with the offset function? Perhaps it is fine as it is?

Your time, advice, suggestions (and upper-cuts) are very much appreciated.

Loan Structure - First IP