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Hi Guys, I have been trying to help out a friend today (a single mum trying to buy her own house). Been playing around with the on-line calculators and getting mixed results. Getting confused and some don't seem to allow you to enter some details. Wondering if somebody can quickly...

Those in Victoria may have seen the worst keep secret that Costco has finally annouced a new store in Ringwood VIC. Finally the central business area along with stage 1 of the Eastland development have started to come to life. Hopefully will help the shock and decline Ringwood has had with...

Hey Guys, Any recommandations for a PM or agency in Richmond VIC? The going rates were ranging from 6.8-7.7% and letting fee of around 4% of the annual rent. Have not leased a property for a few years but these seem pretty standard right?:confused:

I’m guilty of wasting/gambling/investing :p $15-20 a week on an Oz lotto and Powerball tickets every week with the hope of being the 1:55,000,000 lucky person who will win the Jackpot. Never win, only the odd $12-$13 but for my justification is somebody has to win it, people do win it and why...

Yet again an article (Young Gun) in the new April 2012 edition has inflated figures. Nothing against the young gun himself, but does API even check “The Numbers” ?? or reseach before they print :mad: The two houses (development site) talked about in the article was refused by VCAT last...

Hey everyone, Need some advice on my IP which I need some landlord or contents insurance on. Situation is my parents rent a unit of mine (pay market value of $300 p/w). I have fully renovated the unit in the past year (complete renovation - new bathroom, laundry, kitchen, flooring...

Hey, I recently purchased land in the new land estate by Australand in Croydon. The old private golf course (ex-home of Arron Baddley). Have not seen or heard much chatter about this land estate, I was thinking due to the lack of available land out this way it may have been brought up...

Hey, Has anyone heard or built with Boutique Homes (Part of the ABN Group in WA)? Thanks

McDonalds have just paid $14 Million for 17,000sqm of B2 (Zoned) land along Maroondah Hwy in Ringwood, right beside Eastlink. (The old Holden/Honda car dealership). It is meant to be the most expensive property purchase for land by McDonalds to date. I'm sure they will not need the whole...

Hi, Can anyone recommend a broker in eastern Melbourne? I have 2 loans (500K) and looking for some advice/borrowings. Thanks, (PM if you wish)

My tenents are moving out of my IP at the end of next month (March) and I will be not continue with my proerty manager as my parents are moving into my IP. I will be charging them the same rent as my previous tenents, but they will just be paying me cash which I will deposit into my account...

Anyone have a dirtbike? My other love besides property is dirtbikes, I have a 2006 Husqvarna TE 450 (I have a photo in my profile) Once you buy a decent bike it is really cheap to go away and have fun, I often go each weekend or fortnight with 4 or 5 mates out east of Melbourne in the...

My parents have a property which is worth about 480-520K, If I was to purchase and turn this property into a IP in the future is there any Tax laws or issues I would need to consider? Example if they sold me the property through private sale for 400-450K?

My dad rang me with the samw question everybody has been asking "should I break my fixed loan" any help as I think I may have done in wrong (It was late) $300,000 Fixed at 8.89% till May 2010 (18 months) with ANZ was quoted about 15K to break loan I have worked it based on the waht...

Hey everyone, I like many others are dreaming of doing a 4-6 week trip overseas in the next 1-2 years. I went to the US for 6 weeks in late 2006 (dollar was about 0.75), this time around looking at London, small trips in Europe and USA again. Will not be on Tours, will be staying at basic...

CBA will drop rate by .21% from 8.53% to 8.32% and for those with 500K plus on the wealth package you can add a .60% discount makes for 7.72% :)

Its about time!!!!! Ringwood is set to become the economic and employment hub of Melbourne’s outer east thanks to the State Government’s $39 million revitalisation of the town centre. Premier John Brumby today announced the investment as part of the Victorian Government’s Transit Cities...

My current PPOR is a 33 year old 2-bedroom unit which I’m looking at turning into an IP shortly and renting the property. I have fully renovated the entire inside of the unit, all new kitchen, bathroom, appliances, heaters, air-con even the fly screens and the screws holding the doors up!! :eek...

Hi, guys Can't get my head around this, but is there a point were you should stop claiming against your income? E.g Earn $50k (gross) own a few IP's which are highly geared which nay bring down your income to $35-36K? Should you be careful not to drop below $34K triggering the 15...

Hey guys, To my annoyance my first 3 month Inspection on my first IP property has found that the tenents are smoking inside the property (heavy). I was stuffed around by the agent and given a wrong time to inspect the property with them so I missed the inspection myself but was tols by the...