Recent content by CAFDS

Hi All, I was hoping I could get some feedback in regards to Depreciation Schedules: - Who have you used? - How much did you pay? I have been provided a few quotes, however wanted to open it up to the Somersoft community. Who have you used and who would you recommend. CAFDS

Hi, I was looking for recommendations for a Builder/Project Manager to oversee a cosmetic renovation of an IP located in South West Brisbane? I am looking to do the following: - Paint Internally - New Carpet - New shower screen - New Toilet - Various other small jobs Also I wanted...

Thanks Wylie, it's in about 3-4 weeks and would be internal only. It's Browns Plains to be precise and is for a 3 bedroom Highset. Let me know if that suits, and if he would like to arrange a quote. Cheers

Hi All, I was wondering if anyone knew of a good painter located in the Brisbane/Logan area? Looking for some reliable at a good price, if anyone has used one I would love to hear from them. Cheers.

Thanks for the feedback all. Scotty, yes he'll have to go through all the same hoops! :D

Hi All, I've recently gone unconditional on my 2nd IP, and have a question in relation to related parties. My brother lives in Brisbane and has advised that he would like to rent my new IP. My question is that if I were to take him on as a tenant, would this affect my ability to claim all...

I wish I started earlier... 26yrs now but I thought about investing at 21, however decided trips to US and a Euro trips were more important during my early 20's. I don't regret the trips (Or hangovers), but can't help thinking 'What If?'.

I settled on the 27/12 and did the final inspection on the 26/12. Wasn't ideal as I was suppose to be in Byron Bay on the 27/12, but the deal would of fallen over if we did not settle. The agent was the real driver in making it happen and our solicitor was pretty flexible.

Thanks for all the feedback gents. I would be looking for a 95% loan with LMI on top of the loan, and preferably funded by the lender. Also I do not want to cross secure, I have a LOC available for the next purchase. My preference is to provide a 5% deposit and pay for legals/stamps ontop...

Hi All, I am currently making the decision to purchase either 1 or 2 additional IP's after recently revaluing my first IP. My question is if I were to purchase 2 IP's where my LVR would need to be stretched to 95%, which lenders would be able to accommodate this while still offering a...

Thanks for all your responses, I thought I would post some feedback for anyone interested: EBM: $288 pa TS: $365 pa WBC: $425 pa Coverage was not identical however all provided substantial cover, however EBM was the most cost effective. Coverage was on a 2 bedroom unit in Sydney LNS.

Hi All, So i successfully got my first IP tenanted on the weekend and need to get Landlords Insurance to cover the fixtures & fittings and loss of rent. I just wanted to ask the experienced investors out there which provider they use and why? I am looking for low cost with quality...

After speaking to a few places this morning it seems that its on the high side, around 7-8% pa. It seems a lot of the lower rates on offer are misleading as they don't include the additional fees (Letting fees, marketing fees, admin fees etc), which then work out to be around the same end...

Hi All, I've been reading the forums for a few months and decided to join to get some advice in regards to a property manager for my unit. Is anyone currently using a PM around the Crowsnest/Wollstonecraft/Waverton area? Any recommendations? Cheers.