PropertyInvesting.com | Corey Batt | Activity https://www.propertyinvesting.com/members/cjaysa/activity/ Activity feed for Corey Batt. Thu, 06 Nov 2025 11:33:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 21c48371d6124a2858fc5b5b9237de1d Corey Batt replied to the topic 90% or 85% investment loans with no LMI in the forum Finance https://www.propertyinvesting.com/topic/5046976-90-or-85-investment-loans-with-no-lmi/#post-5047005 Mon, 25 Jun 2018 06:30:47 +0000 LMI exists for a reason – if there was a simple way of not having to pay it no one would!

The only way you can is either via being in a relevent profession and meeting their criteria (doctors, lawyers, accountants and a few others), or the occassional 85% no LMI offer. The latter is generally at a higher interest rate and less desirable lender,…[Read more]

]]> f5ccf24923ce1914f056c507a56eaa7d Corey Batt replied to the topic Do banks assess all commercial properties in the same way? in the forum Commercial Property https://www.propertyinvesting.com/topic/5046888-do-banks-assess-all-commercial-properties-in-the-same-way/#post-5046889 Tue, 19 Jun 2018 08:35:52 +0000 No they do not – every lender does it different and there is a huge variance in the types of products available. Some lenders will only allow 15 year P&I terms, others will give 25-30 terms and interest only periods.

Speak with a mortgage broker who is an expert in commercial loans who will be able to look at your scenario to give you the best…[Read more]

]]> 0a84b5c2d9821fcee4fb385ce63d8558 Corey Batt replied to the topic Do banks assess all commercial properties in the same way? in the forum Commercial Property https://www.propertyinvesting.com/topic/5046888-do-banks-assess-all-commercial-properties-in-the-same-way/#post-5046889 Tue, 19 Jun 2018 08:35:52 +0000 No they do not – every lender does it different and there is a huge variance in the types of products available. Some lenders will only allow 15 year P&I terms, others will give 25-30 terms and interest only periods.

Speak with a mortgage broker who is an expect in commercial loans who will be able to look at your scenario to give you the best…[Read more]

]]> 5fcf3bdf834076502a6fc662350a3c44 Corey Batt replied to the topic CPI calculation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5046706-cpi-calculation/#post-5046712 Wed, 06 Jun 2018 06:07:20 +0000 That sounds about right Christine, if you use a GST calculator you can work back to see that it looks like the rent is increased around 2k + GST.

]]> 341311f8d645334d0d0e2b7e170e25e9 Corey Batt replied to the topic First Home Owner Grant + Investing in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5046365-first-home-owner-grant-investing/#post-5046374 Mon, 21 May 2018 06:29:20 +0000 Doesn’t need to be in a trust – the ‘loophole’ is that the definition is something around never owning a property you’ve resided in, so you can still buy investments but claim the FHOG at a later date.

This is very common and have had clients use this strategy for years without issue.

]]> 272b7494709d652a43227147a10d410e Corey Batt replied to the topic Stats regarding how many property investors there are in Australia in the forum Help Needed! https://www.propertyinvesting.com/topic/5044564-stats-regarding-how-many-property-investors-there-are-in-australia/#post-5044567 Mon, 23 Apr 2018 02:04:33 +0000 A quick search says circa 9 million residential properties – but this isn’t from a primary data source. http://www.abc.net.au/news/2015-05-06/fact-file-housing-in-australia/6442650

There is then a few sources which say how many people own investment properties in Australia, and how many properties are investment properties. You’ll be able to…[Read more]

]]> 4c22659a2f1689c748f17a2a8b96d15a Corey Batt replied to the topic NSW Suburbs - Investing in the forum General Property https://www.propertyinvesting.com/topic/5044495-nsw-suburbs-investing/#post-5044504 Thu, 19 Apr 2018 01:09:57 +0000 Most people think Sydney will be coming off the boil for the next few years after the recent huge spurt in growth (and this has already started happening) – so not necessarily the best time to buy. Same deal for the regionals.

]]> d8c5cecfdfe61129a441676779395c20 Corey Batt replied to the topic How does bank or valuer value renovation? in the forum Value Adding https://www.propertyinvesting.com/topic/5044421-how-does-bank-or-valuer-value-renovation/#post-5044452 Wed, 18 Apr 2018 01:33:52 +0000 The banks just order an independent valuer to go out and value the property as if it were post renovation – so it doesn’t come to them assessing each of the individual items you’re paying for in the renovation etc – but the overall picture. The best thing to do is to compare it against recent sales in the market of renovated properties and then…[Read more]

]]> 1b1651748c9d552ef68d7a19ead957fe Corey Batt replied to the topic First investment help in the forum Help Needed! https://www.propertyinvesting.com/topic/5044445-first-investment-help-2/#post-5044451 Wed, 18 Apr 2018 01:31:54 +0000 Don’t use any ‘investment’ service which pushes new houses/house and land/off the plan – their business model is just to be a sales agent for developers where they get paid a commission. They have no interest in selling you a good quality investment, just earning $$$. Generally these properties underperform massively and a general laughing stock…[Read more]

]]> 8fe50ed29d666f1a06e2b592f6a9e0e5 Corey Batt replied to the topic Should I reduce my loan and re-take money out in the forum Finance https://www.propertyinvesting.com/topic/5044078-should-i-reduce-my-loan-and-re-take-money-out/#post-5044209 Sun, 15 Apr 2018 22:01:17 +0000 Option 2 is ideal – and with the right lender this can be done without an application/interest rate change.

Best to speak with an investment focused broker who can weigh up the options – if your current lender isn’t ideal you may otherwise be able to use the time to get the setup restructured to save on both the owner occupied and future equity…[Read more]

]]> 67012a612df181b9193c681b04980cb2 Corey Batt replied to the topic Tasmania in the forum Help Needed! https://www.propertyinvesting.com/topic/5044181-tasmania-11/#post-5044208 Sun, 15 Apr 2018 21:28:53 +0000 Launceston is reasonable, however it has had a fairly decent size increase in prices in recent history so you’d be coming in at the tail end of growth unless you think its going to go to an exceptionally high growth pattern compared to it’s history. If entry price point is your primary concern then you can otherwise find property in mainland metro…[Read more]

]]> 136fea4793d217f9fb75b468797f66be Corey Batt replied to the topic Wanting to buy a warehouse in inner west of Sydney in the forum Commercial Property https://www.propertyinvesting.com/topic/5044205-wanting-to-buy-a-warehouse-in-inner-west-of-sydney/#post-5044207 Sun, 15 Apr 2018 21:26:31 +0000 Commercial in general doesn’t have the same amount of supply as compared to say residential property, but there is usually less demand too. This means that an area can have very few properties available, but still struggle to sell any stock available for some time.

Realistically the only option for you is to consider a broader search of other…[Read more]

]]> 136fea4793d217f9fb75b468797f66be Corey Batt replied to the topic Wanting to buy a warehouse in inner west of Sydney in the forum Commercial Property https://www.propertyinvesting.com/topic/5044205-wanting-to-buy-a-warehouse-in-inner-west-of-sydney/#post-5044207 Sun, 15 Apr 2018 21:26:31 +0000 Commercial in general doesn’t have the same amount of supply as compared to say residential property, but there is usually less demand too. This means that an area can have very few properties available, but still struggle to sell any stock available for some time.

Realistically the only option for you is to consider a broader search of other…[Read more]

]]> 1db44cbb79abca20f6e0b652f4a3fe5f Corey Batt replied to the topic Wanting to buy a warehouse in inner west of Sydney in the forum Commercial Property https://www.propertyinvesting.com/topic/5044205-wanting-to-buy-a-warehouse-in-inner-west-of-sydney/#post-5044207 Sun, 15 Apr 2018 21:26:31 +0000 Commercial in general doesn’t have the supply amount of supply as compared to say residential property, but there is usually less demand too. This means that an area can have very few properties available, but still struggle to sell any stock available for some time.

Realistically the only option for you is to consider a broader search of other…[Read more]

]]> d2b86c2d0613cbc7aa705c0aafe59937 Corey Batt replied to the topic Town planner needed in the forum Help Needed! https://www.propertyinvesting.com/topic/5044193-town-planner-needed/#post-5044206 Sun, 15 Apr 2018 21:24:19 +0000 Definitely – use a local planner. They’ll have a firm understanding of the local planning laws/council and if there are specific requirements the council will be looking for, exceptions they’ve allowed in the past etc. This is incredibly important as it can be the difference between getting an approval or just being knocked back without any…[Read more]

]]> 89efbcc8780b6771868ccd7734288a2b Corey Batt replied to the topic purchasing & selling an untitled land in Melbourne in the forum Creative Investing https://www.propertyinvesting.com/topic/5044142-purchasing-selling-an-untitled-land-in-melbourne/#post-5044148 Sun, 08 Apr 2018 05:52:57 +0000 It’s just selling something for more than the initial purchase price. Have to factor in any related government charges and taxes which will still be incurred.

The key to the strategy above is buying land/property which rises substantially in a short period of time. (ie in the example above the land appreciated in value by 24% in a bit over a…[Read more]

]]> 6aa31006c1412d5767bc500f4d845af0 Corey Batt replied to the topic Brisbane Property Solicitor in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5043442-brisbane-property-solicitor/#post-5043443 Wed, 07 Mar 2018 10:47:01 +0000 https://www.certuslegal.com.au/ – recommended and used by many investors.

]]> a2b001792a302d6a935c5e1060f698f7 Corey Batt replied to the topic Bank valuation when land title is not registered in the forum Finance https://www.propertyinvesting.com/topic/5043301-bank-valuation-when-land-title-is-not-registered/#post-5043353 Thu, 01 Mar 2018 08:37:43 +0000 As Terry noted – it’s possible to get a val done before registration – to make sure finance is all lined up so formal can be issued once registered – but you’re not going to get to formal approval and docs issued until it’s completed.

]]> 7c1e0d7b06115c0d5f42d7f5d4f54c4c Corey Batt replied to the topic Where to invest $400k in the forum Help Needed! https://www.propertyinvesting.com/topic/5043149-where-to-invest-400k/#post-5043154 Wed, 21 Feb 2018 05:23:56 +0000 Straight away – you would be better using the cash funds fully towards purchasing your own home, and then a good investment focused broker can setup a line of credit/equity release against the property for you to be able to draw deposit funds for an investment purchase. This means you’ll have little/no mortgage on your own home (no/little bad…[Read more]

]]> 46943117cd0da12b331078c3e9667f18 Corey Batt replied to the topic selling at purchase price in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5043061-selling-at-purchase-price/#post-5043153 Wed, 21 Feb 2018 05:20:35 +0000 Terry’s hit the nail on the head.

The ATO is onto these sorts of ideas which can reduce the revenue intake for the government. :)

]]> ce615cc6e94c9be5de42b57b7dbc86a5 Corey Batt replied to the topic Dual Income /Duplex in the forum Help Needed! https://www.propertyinvesting.com/topic/5042702-dual-income-duplex/#post-5043152 Wed, 21 Feb 2018 05:16:37 +0000 Duplex properties have their place, just like any other type of investment property. Always remember that it’s important to first establish what you’re trying to achieve with the investment property – is it growth, rental return, a mix? That will dictate the type of strategy for buying investments. Duplexs generally may not perform to the exact…[Read more]

]]> a9c886381a6c125f216cbd1a56ec1844 Corey Batt replied to the topic Dual Income /Duplex in the forum Help Needed! https://www.propertyinvesting.com/topic/5042702-dual-income-duplex/#post-5043152 Wed, 21 Feb 2018 05:16:37 +0000 Duplex properties have their place, just like any other type of investment property. Always remember that it’s important to first establish what you’re trying to achieve with the investment property – is it growth, rental return, a mix? That will dictate the type of strategy for buying investments. Duplexs generally may not perform to the exact…[Read more]

]]> a56850f9f50af3365c990eb6b1c1f760 Corey Batt replied to the topic House in Hills district to rent out - good decision? in the forum Help Needed! https://www.propertyinvesting.com/topic/5043062-house-in-hills-district-to-rent-out-good-decision/#post-5043126 Tue, 20 Feb 2018 09:00:03 +0000 It would be very unlikely to a standard property in a metro area in Australia and have it indefinitely vacant. You can look up the vacancy rates by suburb here: http://sqmresearch.com.au/vacancy.php?t=1

Generally suburbs float between 1-5% dependent on how tight ownership is in an area.

]]> 995a224ae1f65339368a0bf5809bf085 Corey Batt replied to the topic Building Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/5042999-building-insurance-7/#post-5043000 Wed, 14 Feb 2018 01:54:44 +0000 I think you’ll find by nature every product like that is going to have terrible reviews – its a review bias. If you have an insurer and things go smoothly you’re not going to bother googling up random product review websites to say they did a good job. If things don’t go your way on the other hand..

]]> 0b4bc2200449e1b935c6d208b8cea08f Corey Batt replied to the topic Questions about the updated version of 0 to 130 in the forum General Property https://www.propertyinvesting.com/topic/5042893-questions-about-the-updated-version-of-0-to-130/#post-5042903 Sat, 10 Feb 2018 09:10:40 +0000 1. Correct – the tax environment in Australia isn’t conducive to property flipping in general due to the significant erosion in net profit from government charges and CGT etc.

Some people still get caught up in it after watching TV shows promoting the strategy, but they generally gloss over a lot of the important total cost figures to show the…[Read more]

]]> 69df6b8319fedd0c2b616e0673f6ccdb Corey Batt replied to the topic Time Poor Investors need help finding a Site. Rewards offered for site search in the forum Help Needed! https://www.propertyinvesting.com/topic/5042753-time-poor-investors-need-help-finding-a-site-rewards-offered-for-site-search/#post-5042836 Wed, 07 Feb 2018 03:39:25 +0000 Indeed – this is definitely in the realm of a buyers agent. Best to use a professional when looking to make a purchase worth hundreds of thousands of dollars – than relying on a stranger on an internet forum to find a property for you!

]]> 22b9ad8c51236e76a1265fb3e55c4e89 Corey Batt replied to the topic Which banks refinance with rent appraisal in the forum Finance https://www.propertyinvesting.com/topic/5040819-which-banks-refinance-with-rent-appraisal/#post-5042673 Wed, 31 Jan 2018 02:58:49 +0000 For purchases just about every lender will rely on an appraisal (or if a valuer goes out, their rental estiamte).

For refinances such as your scenario there are still a number of lenders which will look at either an appraisal, use their own internal rental estimate tool OR look at your tax returns to see previous rental income on the property.…[Read more]

]]> 40bc49dc0e5f5640a64e7537496398b4 Corey Batt replied to the topic Advice on financing for next investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/5042479-advice-on-financing-for-next-investment-property/#post-5042588 Mon, 29 Jan 2018 04:19:31 +0000 Realistically if you want to continue borrowing to invest the things you can do to open up more borrowing options are:

*either buy out your investment partner of their 50%, or sell your 50% to them
*increase your personal income
*cancel any credit cards/personal debt remaining
*either switch as much debt as possible to P&I OR IO – depending on…[Read more]

]]> 740d756a9008dfa55b510eec77c329d6 Corey Batt replied to the topic Investing in the US in the forum Overseas Deals https://www.propertyinvesting.com/topic/5034644-investing-in-the-us-9/#post-5042584 Mon, 29 Jan 2018 04:10:23 +0000 I’ve heard of some Australian’s using: https://www.selectamericanhomes.com/ a few years ago and were happy with their services. I can’t remember if they only worked in Atlanta or a broader geographic area.

]]> 309a3d81cdf37fe493629a0217e65df1 Corey Batt replied to the topic Subdivision Costs in the forum General Property https://www.propertyinvesting.com/topic/5042496-subdivision-costs-4/#post-5042583 Mon, 29 Jan 2018 04:03:56 +0000 It will completely dependent on:

*the shape and dimensions of the block
*utilities provision location
*type of subdivision that can be completed (ie requiring full duplication all services or can dual use be used)
*council that the land is located

There’s no way to ascertain any meaningful numbers on the internet like this – you would be best…[Read more]

]]> a85ae5378de4537a49b101658c7cf875 Corey Batt replied to the topic Cost to relocate house? in the forum General Property https://www.propertyinvesting.com/topic/4400363-cost-to-relocate-house/#post-5042579 Mon, 29 Jan 2018 03:36:55 +0000 Indeed – I’ve had a few clients who have moved timber houses with ease – I was surprised how well it worked.

Pricing has definitely gone up a bit, I’ve seen move and establishment costs at circa $50-60,000 – but this is highly dependent on distance, type of property etc so you would need to get specific numbers before doing any project to make…[Read more]

]]> e6a2b5ccf0dbe9007dffc5fee2e87e67 Corey Batt replied to the topic Investing with Developer to purchase property in the forum Creative Investing https://www.propertyinvesting.com/topic/5041993-investing-with-developer-to-purchase-property/#post-5041996 Tue, 02 Jan 2018 00:56:17 +0000 Hey Moresh,

This is done by a few developers that I know already – easy way to get funds + presales requirements completed in one hit.

As Terry has noted, it’s well worth looking at what is the most effective way to structure this to minimise tax and government charges.

]]> 04f1f652e3617624e6d40bcaf4da7397 Corey Batt replied to the topic Market Trends to Watch for in the forum General Property https://www.propertyinvesting.com/topic/5041976-market-trends-to-watch-for/#post-5041982 Sat, 30 Dec 2017 04:27:26 +0000 Most important is supply/demand of property in a specified area. What’s going to impact prices of property in an area more – oil prices or a doubling of stock coming on the market or a reduction in population in a local area reducing the demand?

]]> dd74ee2968d06db6cc6445802842d883 Corey Batt replied to the topic open mortgage in the forum Finance https://www.propertyinvesting.com/topic/5041942-open-mortgage/#post-5041960 Wed, 27 Dec 2017 00:32:07 +0000 Definitely don’t close the PPOR loan down – as this is coded as owner occupied for purpose the lender will be giving you the lowest rate compared to investment use loans so it’s best to hold onto that.

Either keep the funds in offset or into the redraw account – be careful however as not all lenders are the same in how they treat fully repaid…[Read more]

]]> 2834bb0d0e97a072d0a5ad23233558a1 Corey Batt replied to the topic Bank Loan on Empty Plot of Land in the forum Help Needed! https://www.propertyinvesting.com/topic/5041944-bank-loan-on-empty-plot-of-land/#post-5041959 Wed, 27 Dec 2017 00:25:16 +0000 With house and land or construction loans – the lender looks at the total security and loans based on the combined costs/value est. For example if you bought a block of land for $300,000 and wanted to build for $500,000, pending a valuer agreeing on an end value at that price they would look at a total value of $800,000. From there you can…[Read more]

]]> 8d2a80f1fc546db8d5db87fdc080971b Corey Batt replied to the topic Growth Suburbs in Northern SA in the forum General Property https://www.propertyinvesting.com/topic/5041215-growth-suburbs-in-northern-sa/#post-5041931 Thu, 21 Dec 2017 05:32:29 +0000 I’m a fan of the Salisbury council for <250k purchases. Quality is a touch higher than Playford Council/Elizabeth, for only a slightly higher price + slight reduction in yield. This will generally give you a balanced neutral yield/growth performer for the long term.

Once of my colleagues who is a mortgage broker in Adelaide wrote about purchasing…[Read more]

]]> c8e970717cb9b7f97a025575fd21e019 Corey Batt replied to the topic 11 SECOND RULE in the forum Heads Up! https://www.propertyinvesting.com/topic/4381444-11-second-rule-12/#post-5041926 Thu, 21 Dec 2017 02:19:53 +0000 You’re right Dan – it definitely would need significant adjustment. These days a yield of ~6% should produce a cash neutral/positive scenario with most properties. The ones which will throw it off is on the ongoing property costs outside of interest expenses – ie strata, maintenance, water/council etc.

]]> 579cbce740033d90e7e1b2d16a8ff071 Corey Batt replied to the topic Bank requesting Statement of advice from a FP in the forum Help Needed! https://www.propertyinvesting.com/topic/5041865-bank-requesting-statement-of-advice-from-a-fp/#post-5041878 Mon, 18 Dec 2017 00:30:00 +0000 A stat dec used to work fine in the past – these days they have a lot less weighting and in this scenario I’d suggest there is not much chance getting it approved with it after they’ve asked for something more substantial. Once an assessor gets something in their head it’s not likely to be budged.

Yes Simon – this is 100% to do with the purpose…[Read more]

]]> e90b5424f26315254551386c6df95d6e Corey Batt replied to the topic Investing with Folio Invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409308-investing-with-folio-invest/#post-5041870 Sun, 17 Dec 2017 11:35:37 +0000 Have you found out what the funds investment was used for? (ie a specific development)

They may have a development which is nearing completion but not fully settled hence why the delay in the return of funds. Best to enquire with them as to the specific reason for the delays so you can have a firm understanding of where your funds are and when…[Read more]

]]> 4db72e7c349f36ae6ea77f07233082d2 Corey Batt replied to the topic Bank requesting Statement of advice from a FP in the forum Help Needed! https://www.propertyinvesting.com/topic/5041865-bank-requesting-statement-of-advice-from-a-fp/#post-5041869 Sun, 17 Dec 2017 11:13:43 +0000 A FP will need to generate a full statement of advice, which can cost a few thousand, require a full analysis of your financial situation etc.

As to the lender asking for this information – effectively borrowing above an 80% LVR without having a property under contract to show the purpose of funds is going to trigger these kinds of requests.…[Read more]

]]> ec659421d00e7718e9d5617a4d1aed36 Corey Batt replied to the topic Searching multi use properties for sale in the forum Commercial Property https://www.propertyinvesting.com/topic/5041832-searching-multi-use-properties-for-sale/#post-5041836 Mon, 11 Dec 2017 03:01:16 +0000 Not sure if there’s any meta filters which can capture that information. At best you’re going to have to use a keyword search either through the normal listing sites or a paid subscription service like Real Estate Investar.

]]> 058bacd975abc6ede07bd25ee7720b53 Corey Batt replied to the topic Finance needed for Malaysian Property in the forum Finance https://www.propertyinvesting.com/topic/5041800-finance-needed-for-malaysian-property/#post-5041821 Sun, 10 Dec 2017 11:37:44 +0000 This is mainly an Australian based forum so you might not get much luck in terms of advice here!

]]> 676a10f83201e46e742b917a881a5fe4 Corey Batt replied to the topic 1 on mortgage 2 on title! in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5041778-1-on-mortgage-2-on-title/#post-5041820 Sun, 10 Dec 2017 11:17:19 +0000 Indeed – the best thing would be to confirm that there is definitely no option for finance with the current structure as there are options in the market which can only be applied through brokers (and not all brokers have access to these products).

]]> faa3cd39260527be1503e4a17533e7ef Corey Batt replied to the topic Conveyancing agent who will do the negotiation in the forum Help Needed! https://www.propertyinvesting.com/topic/5041763-conveyancing-agent-who-will-do-the-negotiation/#post-5041797 Wed, 06 Dec 2017 07:31:49 +0000 It’s not the role of a conveyancer to negotiate on a purchase – that falls on either a purchaser or if they engage a buyers agent on their behalf. In case you’re not sure – here’s the main functions of what a conveyancer does in property transactions.

]]> c9c5c6fe31ae50af46e3db6b43286e58 Corey Batt replied to the topic Obtaining loan whilst contract working in the forum Finance https://www.propertyinvesting.com/topic/5041768-obtaining-loan-whilst-contract-working/#post-5041796 Wed, 06 Dec 2017 06:51:01 +0000 That’s not too difficult – it reduces the options available but definitely still possible.

Feel free to contact us via http://www.precisionfunding.com.au/ and you can have your situation looked at.

]]> 4577bdd596b253644436cd66b2f0c8b4 Corey Batt replied to the topic Obtaining loan whilst contract working in the forum Finance https://www.propertyinvesting.com/topic/5041768-obtaining-loan-whilst-contract-working/#post-5041771 Mon, 04 Dec 2017 04:40:08 +0000 Finance for workers who are contractors isn’t that difficult – it just comes down to the way the contracting arrangement is structured and then finding the path of least resistance. Generally contractors will either be:

*fixed term employee contract (fixed hourly/amount for a set period of time, paid to a TFN as an employee NOT an ABN)
*day rate…[Read more]

]]> a6a0e947ee20faa7538b2ec39c51e310 Corey Batt replied to the topic Good real estate agents in Adelaide? in the forum Help Needed! https://www.propertyinvesting.com/topic/5041280-good-real-estate-agents-in-adelaide/#post-5041753 Fri, 01 Dec 2017 13:52:29 +0000 Property manager – that’s an easy one.

David Traeger at http://www.dtproperty.com.au – he looks after a lot of my clients properties and personally is an active investor in the Adelaide market.

]]> fd8821270c3308202b7b276f1a397869 Corey Batt replied to the topic Capital gains tax rollover for a commercial property - what are my options? in the forum Commercial Property https://www.propertyinvesting.com/topic/5041127-capital-gains-tax-rollover-for-a-commercial-property-what-are-my-options/#post-5041143 Wed, 01 Nov 2017 01:30:50 +0000 You’ll want to chat to your accountant and FP about the best pathway – I’m not an accountant but it looks like you haven’t correctly calculated the CGT component.

There’s specific rules regarding putting the funds to super etc – with these kind of $$$ figures you’re best getting specific advice for your exact situation, instead of general advice…[Read more]

]]> d1f89c6b945c974ade05c33e824a028f Corey Batt replied to the topic Advice needed on construction finance in the forum Finance https://www.propertyinvesting.com/topic/5040921-advice-needed-on-construction-finance/#post-5040932 Thu, 26 Oct 2017 02:37:24 +0000 Are you sure you’re definitely maxed out with your borrowing capacity for a construction loan through ALL residential lenders? Some have strong niches which can allow you to borrow further than other lenders which may get this over the line.

If you truly are maxed out at this time, even post construction then you should be still unable to…[Read more]

]]> c6bd328ad79de03be32a346f08ba3f5e Corey Batt replied to the topic cross collateralising loans in the forum Finance https://www.propertyinvesting.com/topic/5040895-cross-collateralising-loans/#post-5040897 Wed, 25 Oct 2017 06:24:59 +0000 Your intuition was right – the bank and broker are definitely being lazy at the expense of your structure/strategy/protection.

Best thing to do is set these up separately, with an equity release on the PPOR solely to cover the deposit costs and government charges and then a second application for a loan for the remaining purchase amount attached…[Read more]

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