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I'd love to see this happen hahaha

Logan and Frankston respectively are probably on every SSer's watchlist. Mostly becuase of the + yield. For Logan I particularly like Slacks Creek, it is a nicer area and closer to the city. Next door in Underwood and Kuraby houses start at 100-200k+ dearer.

Thanks Prop, I was looking at Lidcombe and Strathfield but everything looked overpriced. Would you mind being a little more specific on what parts of inner west were you referring to?

I did have a brief look at the WestConnex 3 stage plan. Do you think the Stage 1 plan will have an affect on the prices of nearby suburbs?

Vacancy rate is the Beeneligh/Logan area is very low, as long as your price is reasonably, you will not have trouble finding quality tenants.

Let?s make a bold assumption: Sydney has 2 years left in its monster run. If you were to buy today, hoping for maximum CG in the next 2 years, where and what would you buy? Budget $1mil or there about.

Awesome work Mr Jaq! I know many people in your shoes who are still afraid to take the plunge. First step is always the hardest, well done!

Big congrats to 2 of the young guns from SS! Well done boys!

I also solve problems. Today I solved "I'll put the cans of beans in the bottom of the bag, and the bread on top." - The Slight Edge

Gach2, a potential +CF play to consider is student accommodation near unis. I brought a 6/3/2 townhouse designed esp for students near uni of southern Queensland in toowoomba recently and I beleive it will be a cash cow once its tenanted. Just be weary you can only lend out the property to 5...

single 27 65k Hecs debt

What terrible terrible neighbours you had nickyP00. Don't worry, Karma is a ******, it will come back to bite them up the **** eventually. I hope it worked out well in the end.

was not aware it was an illegal practice. Thanks for the heads up

Would love to come to it if it was on a Friday!

I brought a house recently in another state, and I have enlisted a friend to help me manage the place. Now she is not a property manager by trade, my question is - if I do use her services and pay her the industry standard in fees, will those fees be tax deductible?

Thanks Terry, Jess. What if I started adding rent income from all IPs into the account, would that cause any taxation headaches?

Can you tax savvy people help me understand what classifies as tax deductible purposes? So taking OP's example, assuming he has split the loan and put the 100k in the spilt, can he use that 100k equity to - Pay the deposit for the next IP? - Pay the conveyancing fees or B&P for that said IP? -...

Bayview, how did you get all my tenants together in one shot? ;)

Can't comment on the short term growth but the long term prospects is good. Just depend on whether the holding cost makes it worthwhile.

I use Fiona Franke, [email protected] Tel: 07 5539 5858 She is very helpful and responsive to any questions and requests I may have. 1100 was the going price, discount offered for repeat customers