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Hi All, We'd be doing an overall internal renovation on an IP. Could I please ask for what colour scheme you usually use? We prefer neutral colour scheme that can last long (not get dirty easily). IP is in Orange NSW, ex-housing area, so nothing flashy. We usually use colour scheme...

Late last year we moved the management of 6 of our properties to a specific Property Management company, to be managed by their Central Coast and St Mary's offices. Unfortunately we have had really bad experiences since then. I found their PMs inexperienced and are not always acting in the...

Background We have a property in a rougher housing area in Orange NSW. Have had the same tenants since we purchased the place in 2010. Tenants was always a bit patchy with payment since the start but never owed more than 3-4 weeks of rent while property was managed by a local agent. Around...

Hi All, Just wonder if any of you is using SMATS (www.smats.net) at the moment for tax return? Could you please share your experience on your dealings with them, and direct line to the accountant if any? I attended their seminar few months back which was very informative, so we decided to...

Hiya All, I'm just start looking around at mortgage options as some of our loans are going out of fixed period soon. Was offered 4.79% today for variable rate, full serviced account (with redraw, offset, etc) for LVR up to 80%. Searched around the SS but didn't see any recent thread on...

Hi All, We have an SMSF which invest in a couple of properties. With us living overseas for almost 2y now, the fund is running the risk of being considered non-compliant, which carries very hefty repercussion. As such, we are looking at converting it into a Small APRA Fund (SAF). I've...

Hi All, Some of you may remember a previous thread by myself regarding fire in IP related to tenant. I subsequently removed the thread as the matter progresses with the insurer, but I'm happy to say that the insurer had agreed to pay the full insured sum + loss of rent + mortgage discharge...

Hi All, I have an attached granny flat on which I'd like to separate the electricity (between main house and gf). I wonder if any of you could refer a good electrician for the job? Thanks.

As some of you may remember, I have some problem with unapproved granny flat in Campbeltown council area (thread: http://somersoft.com/forums/showthread.php?t=60734). Main issue was that side boundary is <0.9m. Since then the property has been rented to a family as one house, and the gf area...

We have several IPs and are leaving Australia soon, to take up job opportunity overseas. All IPs are managed by PM. I noticed there are several Somersoft-ers who are expat-ing around the world. Just wonder: 1. How do you manage your IP documentations when away? Do you use local...

Hubby got a very good work opportunity in HK, and after umming and ahhing, we decided to go. The job is a permanent one and we expect to stay in HK for at least 10 years - if not more. We have no families nor PPOR in Australia, but own several IPs. From the examples in ATO website, it's...

Hi All, We'd be doing some touch-up on a rental in Guildford NSW (Parramatta area) soon and wonder if putting carpet will make the place more desirable for the potential tenants in the area. The place is currently all tiled and tiles are in good nick. Originally I plan to re-carpet the whole...

Hi All, This is my first devl venture, so please be tad patient with me :) I have a piece of land that I plan to develop. From an early discussion with Surveyor and architect/draftsman, they indicated that 6 townhouses could be build on the land. The architect/draftsman also provided me with...

Hi All, I'll be settling on an IP in Tamworth this month. Just wonder if you have any recommendation on PM? The IP is around the housing comms area. Thanks!

Hi All, Thought I'd let you know that Sydney Blinds in Prospect is having a big sale at the moment. 20% for 2nd blinds, 30% for 3rd, etc. I just ordered for an IP, $387 for 6 vertical blinds - a complete set for a 3-bedder...not bad at all! :) Btw, I'm not affiliated with / receive...

Hi All, We're settling on some IPs next week. Just wonder if you could recommend PM in Armidale & Griffith (NSW)? Also what are the going rates in the area? Thanks! :)

Hi All, Just wonder if any of you could reccommend tradies in Albury (NSW)? I'm currently looking to get works below done: - Painting all interior (wall, ceiling, woodwork) - Replace carpet - Replace kitchen Property is a 3BR ex-HC, so would like to freshen it up on budget. Thanks!

Hi All, We're currently renting close to work while investing in IPs. The plan is to buy a PPOR and move somewhere close to a school when my son is a bit older (say 1.5-2yr from now). I understand that the deductability of loan is based on its purpose, so we've been thinking of how to...

Background I purchased a property with a garage converted to granny flat. The structure has an approved certificate 149D as a garage/storage with bathroom, but not as a granny flat. Rented the main house and granny flat separately since. Insurance are all ok, the insurer knows that it's...

Hi Everyone, I'm interested in views on Campsie & Ashbury (Canterbury NSW). They're bordering Inner West, so am thinking that they could be the one going on gentrifiication next? I'm especially interested in your views/experiences of the areas, in term of: - Demographic & safety -...