In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists discuss how to maximise borrowing capacity, how much first homebuyer stimulus is enough, and whether you should pay off your mortgage. They also run through some of your listener questions. This week on the show: 1 – How much first homebuyer stimulus is enough? 2 – Half of Canberra's bankruptcy filings last year were from strata managers chasing fees, inquiry hears 3 – Rob Moore – should you pay off your mortgage? Listener Q&A 1 – Aristotle’s son Hi I'm new to property investing. Love the podcast learned lot from it. We have our personal property, just want to start property investing, I hear lot about buying in trust everywhere, but can't get my head around it as there is not much clear info on it, can you guys explain on investing property under a trust, what are the strategies we can use, how lending works when you buy property under trust. Thank you. 2 – Shawn Hello, enjoying your podcasts a fair bit. Interesting seeing the major growth of farmland over the last 20 years and wondering why we don’t talk about investing in this sector too much? Personally, I’ve seen more equity growth with my farm than with my residential and industrial properties over many years. Plenty of upside in the years ahead in my view. Shawn 3 – Reza the Imp I’ve been listening to your podcasts for a while. Excellent job.I don’t believe ever hearing the 85% withdrawal rule for FHSS for concessional contributions discussed here nor on other Rask podcasts. Could you please touch on this and how it can be justified to use FHSS for someone with low marginal tax rate I.e. less than 30%. Resources for this episodeCautious RBA waits until August on split decision – Westpac IQ Cautious RBA holds until August – Pete Wargent NAB survey turns corner, RBA on hold – Pete Wargent Borrowers aren’t reducing mortgage repayments – AFR Where property markets are heating up and cooling down – realestate.com.au The suburbs where homeowners can’t afford mortgages – SMH What happens to house prices if the drug money is turned off – SMH ‘The horse is about to bolt’: Auctions boom as rates fall – AFR Immigration hinders not helps homebuilding – MacroBusiness Woman bought her first home at 60 and risks losing it all – ABC GemLife lists – AFR Commercial property first signs of boost from rate cuts – The Australian Rask Resources Pete's Buyers Agency: https://www.allenwargent.com.au Alcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-services Financial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

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