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    back-to-front property buying questions

    Hello, I am a bit backwards to most as I am currently building an investment property (value on completion 290k in Dec, rent to be approx $270pw, loan of 227k) and I am now looking at buying a house to live in. I will have no deposit but could cover buying costs. Would anyone know if a...
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    When Baby-Boomers depart, What happens?

    Hello, I am not sure about where this one should go... I read a lot of people saying that you property is a long term investment which I think is a very valid comment. Now I am not one who is fully swept up on the demographics/statistics but everything seems to say that as a nation we are...
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    Repossession issues

    thank you all for helpfull feed back All good food for thought. Your experience has confirmed my thoughts so I thank you all for taking the time to respond. Smouch
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    Repossession issues

    I am curious if anyone knew how banks sell the houses they repossess? Is there anyway of knowing if the house you are buying has been repossessed and sold by a bank? Is this something that a real estate agent would need to disclose? Are there any extra legal/conveyancing issues that would...
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    IP specialist accountants? how to find them

    I've heard that it can be handy to utilise an accountant that has their own investment properties so that they have a thorough knowledge of all the deductions and processes involved in and relating to IPs. This sounds logical to me so the next step is to find one. I am a PAYG govt employee...
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    SIG Meeting Brekkie - Saturday 29th March - Reno Kings

    I can't make it I would like to offer up my spot, I am sorry but something has come up. All the best I look forward to the rest of the expo! Damien
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    SIG Meeting Brekkie - Saturday 29th March - Reno Kings

    A ticket for me pleae I would like to book 1 spot if still available Thanks Damien
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    Bookmarking great forum posts

    subscribing to threads Does a thread subscription achieve the aim of bookmarking a post/thread? Smouch
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    Bookmarking great forum posts

    G'day, I have found some fantastic posts on this forum but I find myself wishing to re-read them (mainly because I tend to mull things over) but sometimes I find it hard to remember where exactly they were or what date I found them etc. Are there any tools in this system that let me make...
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    Determining Equity iot buy the next IP

    Thanks to you both. I was hoping I was on an ok track so I appreciate your responses. Can I ask though, did it take a few times of refinancing before it all made sense? I have a broker who explains things quite well and I think it is a good start but to be fair, I am a bit of a 'control...
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    Determining Equity iot buy the next IP

    Hello I am looking a bit down the track but I'd like to know what the next few steps are. I am building an IP in an area of what I believe should be good growth. The IP has been valued by bank as 290k (costing me 280k) which I am assuming is ok. Anyway, assuming the property grows at an...
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    what dishwasher not to buy

    Family dishwasher I seem to be the family dishwasher most of the time - Alas I am an old model and I am hoping that my wife won't trade me in even though she has threatened to upgrade to a younger more appealing model.... but seriously, I have had an ASKO for quite a while now and I love it...
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    Real Estate Speak

    Some more phrases Close to Transport - Bus puts on squeaky brakes every 10min from 6am http://www.math.washington.edu/~burdzy/dictionary.php Desirable neighborhood - this little house is extravagantly overpriced because the neighborhood has a snobbish reputation Easy freeway access -...
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    Building an IP vs buying preloved dwelling

    For Tin tin, Thanks for your advice, I see your point about changing markets but can I ask is your dads plan to hold for the longterm from now? when you say he made his money, is that from rent or selling a few years after they were built. For Y-man, Thanks for making me think, I...
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    Building an IP vs buying preloved dwelling

    Thanks Thanks for the tips. I appreciate the time you have taken to give me your thoughts. Smouch
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    Building an IP vs buying preloved dwelling

    I am new at all of this and I am looking at buying a few investment properties with a view to holding them for the long term. I am a PAYG government employee. As such I would some thoughts from you boffins about building my own IP vs buying a property that is pre-loved and using it as an IP...
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