Recent content by NewAge

Hi everyone. I have come accross this property, which is being sold by mortgagee and it will be an auction. The auction will be conducted by a REA. Should I expect this property to be sold at a lower price? What does everyone else think? Has anyone had any experience with auction by...

Hi Alex, I have 2 in Melbourne. Why Brisbane? Bcos its a good holiday escape from Melb winter. We want to go to QLD once a year for holidays. And yes,I have booked a trip to Brisbane for a week in May this year. The trip is our holiday but at the same time I would be seeing the suburbs...

Hi Everyone, I live in Melbourne and I want to invest in Brisbane. I have never been to Brisbane but try to read as much as I can about it here on this forum. My budget is $250K. I would like to get some suggestions on which area to look at. I read a lot about Ipswich and it looks like a good...

Hi Everyone, I live in Melbourne and and have IP here. I want to buy an IP in Brisbane and have never been there. I am planning to do some good research and buy an IP there, maybe with the help of a buyers agent. I would like to do the final inspection, before settlement, myself. Will that...

During the inspection yesterday, I could not test any of the electrical installations (lights etc), or the gas stove or the taps because all the services were disconnected. You really have plan these inspections. For me, the first time the vendors was there, the 2nd time - nothings connected...

I inspected the property yesterday. There weren't any major issues. The glass window is cracked but it can stay as it is although I have asked the REA to see if the vendor can get it fixed. The speaker wires have been neatly trimmed from the ceiling and wall. Maybe it can be used by future...

Thanks everyone!!! After a lot phone calls, I have been able to arrange an inspection of the property tommorrow afternoon. I went to see the property from outside today afterwork (its on the way to my home). I noticed that one of the glass windows just next to the door has a crack. The...

Hi Everyone, The settlement of my property is on Friday. Last Thursday, I was able to take my property manager through the property. Then vendor was then packing. They would have moved out on the weekend. My question : should I arrange to inspect the property on the day of settlement...

Hi Everyone, Recently we bought 2 properties (these are our first IPs). The settlement for both are in mid-June. I did tell the REA that I will ask them to manage it. I briefly met the property manager few weeks ago and now he has sent me some documents to sign: the REIV Exclusive...

I just bought my 1st IP at auction. Insurances ??? Thanks everyone for all the advice and support. I bought the property for $245K at the auction. Settlement is in June. Can someone tell me what insurances I should have in place? Thank a lot.

Thanks so much for the advice and support. But when do I get the pest, building and other inspection done if its going for auction? And what about these inspections in the case of offer before auction? And do I need a conveyancer or lawyer? When are they be needed? When and how can I...

Thanks !!!! The median price 260K is the house median price. I seriously think the property is worth no more than 250K. This property is located in a court bowl. There was another property sold about 10 houses away in the same street about a month ago. It was sold for 250K. That property had...

Hellow All, I am a totally new to IP. This is going to be my first one. I have decided on a property (house) that has been on the market for about a month. Have done two inspections myself, and have been talking to the REA reguarly. The property has been advertised as $230K+. The median price...