Recent content by Milan

Hi all, Finally got with the programme and turfed out my 6 year old vodafone and got an iPhone. Been browsing the app store for something that will give me a good IP management app which will give basic cashflow analyses etc of my current properties (not necassarily potential new...

Thanks, Sounds like a bit of a minefield. I guess it would have to state in the marketing from the REA (who is also managing the tennancy of the property) specifically that there is still 10 months to run on a tennancy aggreement. The property is yeilding around 4.5% so not sure if would...

It has rendered block on lower part of house and guttering in a colourbond greenish grey (wilderness I think from memory) so I am thinking about a lighter grey to offer a contemporary contrast to that.

I got 2 quotes through the property manager one of around 11k and the other 15k. The scope of the work was extensive in the quotes and perhaps a lot of this was not required. As I said previously the house was on the market back in June/July with no joy and was taken off the market. The plan was...

Quick question..... I have a property in QLD with a 12 month tennancy aggreement in place and may want to sell it. With regards to this aggreement what are the considerations invloved in selling this property? Tennants still have 10 months to run on contract. Cheers M

Hi all Thanks for your replys. The house is a darkish green but not too dark. The condition is good but there is bubbling on the side of the house that is exposed to afternoon sun. The house was on the market but we have taken it off due to lack of interest at our listed price. Feedback...

OK so probably gone off the idea of converting the property to my ownership now due to the high cost of stamp duty. Thought rather hopefully that being a spousal transfer that it may somehow be exempt - so much for the idea of a gift. But still unsure of the valuation issue. Will I need a...

Hi all How much does it cost to paint the exterior of an average size 3 bedroom Qlander weatherboard house? There are some high areas at the back due to sloping block. Any recomendations for painters in Brisbane? And more relevantly to this forum would this add value to the property...

Hi Thanks for the replys - particularly asdf. You might have something there. We still have about $460k outstanding on the loan and am also looking at concerting that P and I loan to interest only. As for the stamp duty, do the OSR consider the total value or just the Capital Gain since...

Hi, I have a question regarding converting an old PPOR that my wife and I have 50/50 ownership in. This property has been an IP tenanted now for 7 months ($500pw). We considered selling it to fund the purchase of a new PPOR but interest has been low. The house is in Queensland and is...

Thanks Rolf, My thoughts too M

Thanks Qlds007, You are right in that is a messey situation of cross colateralisation. It was my first IP using the equity in our PPOR and without it I couldn't have invested. I guess I used a method that has come back to haunt me. The idea was sold to me at the time in terms of in a few...

Hi all, I used my FHOG option in buying our first house 5 years ago. My wife and I are/were (selling soon) 50/50 owners. At the time my wife was not a citizen but now is (dont know if relevent or not). She has a question now that we are looking to buy a new PPOR. Can she claim the FHOG...

Hi all, I have a situation that I would like some input on. I converted a PPOR to an IP last year when I relocated interstate due to work. Have been renting in new location. So now have 3 IPs. But decided we love the new locale and want to buy. But in order to raise deposit to purchase...

Have the same situation. Are there State differences? My wife and I have 50/50 ownership or our ex PPOR in Queensland which is now an IP. I am currently trying to find out if we would be liable for Stamp Duty on the transfer to 100% in my name (My wife is not currently working). Was not...