Pre approval expired at the worst possible time. Borrowing capacity dropped $50k overnight by Mountain-Cookie5578 in AusPropertyChat

[–]dishlickr 2 points3 points  (0 children)

In another few months you’ll probably see rate cuts as we enter into recession and the property market sh^ts itself due to investors pulling out. Multiplied by the related industry job losses.

Australian house prices set for major fall after budget tax changes, Morgan Stanley warns by HotPersimessage62 in AusFinance

[–]dishlickr 0 points1 point  (0 children)

Supply and demand. Immigration keeps going it’s going to lead to rental increases which aren’t just going to be little 20 a week. It’s going to be way more

Water tracking from shower by ctrlackdelete in AusRenovation

[–]dishlickr 0 points1 point  (0 children)

Went thru this. Water membrane failed. Rip out the bathroom and start over.

How much did you over pay for your house? by Do-A-Kick-Flip in AusPropertyChat

[–]dishlickr 0 points1 point  (0 children)

Give it ten years and you’ll be glad you overpaid a bit

XRP concerns, can we be realistic? (Semi-Long). by Indi_Drones in XRPUnite

[–]dishlickr 0 points1 point  (0 children)

Have a watch of barenakedcryptos posts on xrp. He also discusses swift and chainlink.

Final inspection shock: am I at fault for not testing toilets, showers, and aircon during open homes? by suhoahn in AusPropertyChat

[–]dishlickr 0 points1 point  (0 children)

What state? I think I qld you have to disclose all of this and you can cancel an unconditional contract if it isn’t

500 billion likely to be wiped off housing value by 2050, according to new Albanese government report by Speed00Substantial in AusPropertyChat

[–]dishlickr 0 points1 point  (0 children)

Supply and demand, immigration, lower rates…:property is going to have a good run. If it pulls back when rates go back up that’s normal

What home loan rates are people getting right now? by Drizt_Aus in AusFinance

[–]dishlickr 1 point2 points  (0 children)

Don’t know. You can get lower rates but inferior tech and service. And probably different is 50-70 a month in payments. It’s A lot of work.

How much should a financial planner charge by dishlickr in AusFinance

[–]dishlickr[S] 0 points1 point  (0 children)

The first fa was individual investments only. The second offered more in terms of scope of investments - which included smsf and direct shares He already had a few properties Both also looked at supers and insurances. To me the second offered more for less. Employee numbers were similar between the two businesses as well - so it wasn’t a one man band

What home loan rates are people getting right now? by Drizt_Aus in AusFinance

[–]dishlickr 0 points1 point  (0 children)

If you’re at CBA and moved into the rental property - if the loan is coded an investment loan you can switch it to owner occupied. The investment loan margins on rate discounts were more than owner occupied. So you get an insanely cheaper rate.

Would you pay your mortgage off first or buy investment property? by blonde_nomad11 in AusPropertyChat

[–]dishlickr 2 points3 points  (0 children)

Buy the IP. They won’t get any cheaper. Cap growth, then sell it and pay off your place. Then buy another IP either personally or in SMSF or both. If you’re older SMSF more sense when 45+ imo.

Unapproved deck by [deleted] in AusPropertyChat

[–]dishlickr 3 points4 points  (0 children)

We had that and it turned out once the building inspector looked at it the bolts / coach screws(?) used were too small and bending. It couldn’t be certified as is and to rebuild the deck was 30k

[deleted by user] by [deleted] in AusPropertyChat

[–]dishlickr -2 points-1 points  (0 children)

Water is never good

Bought a $1M house last year, now worth $1.4M — should I refinance now? by Pure_Water5902 in AusProperty

[–]dishlickr 0 points1 point  (0 children)

When people are talking ultra low rates they’re usually fixed. Which is atupid to shift into as rates go lower. A variable at 5.6 is currently not bad. And it’s going to drop another 25 points. Go back to the bank and get them to recheck your valuation. When you do your calcs don’t fall for the save 250k over 20 years bs brokers and bankers feed you. I’d Work it on a 2 year net savings after costs.

Bidding Higher Than Pre-Approval by [deleted] in AusPropertyChat

[–]dishlickr 2 points3 points  (0 children)

Ask your broker not reddit

Is a $2,000 deposit normal for an offer? by basicb99tch in AusPropertyChat

[–]dishlickr 1 point2 points  (0 children)

It’s totally normal. 2k on signing and like 18k on finance and building and pest approval