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    Which PM lease room by room in Sydney North?

    Hi, Does anyone know of a PM who is willing to take up leasing room by room? The property is in Sydney upper north shore. We are thinking of converting a 3 bed townhouse into a 5 bed by adding in a couple of walls in the living area. Spoke to 3 different agents already non of them are...
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    Should we sell our PPOR to cash in CG for our bucket house?

    Hi, Don't know what to do from here on.... Just in the past month two friends passed away both at the young age of under 35...we started to think may be we need to better look after ourselves and enjoy more NOW not later. Buy something we 'like' to live in i.e. house on land which has...
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    Dear Frankston, we have had enough from you!

    Dear Frankston, Our time with you has come to an end. We have decided to sell the property at a cut throat loss. Bought at the wrong time, every local PM worked for tenants, poor quality tenants, rent in arrears, threads to VCAT. Massive ripped off from tradies total forced to spend over a few...
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    We letter drop to find seller!

    Old fashion letter drop, that's what all the local agents do, they letter drop promote themselves ask you to contact them if sell. We get a full box of those all the time. We thought rather sit there and wait why don;t we print some letters and drop straight into the seller's box? which we...
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    More tenant on the same lease, yes or no?

    Hi all, It hasn't been a year yet if you still remember our tenants sent us a breach notice the 1st day they moved in. They've been good so far, paying rent on time and paying more than what's needed so we always have $ on account. We also done whatever repair needed. so far ok. Tenants...
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    Pls help, Business insurance high risk policy holder?

    Hi, urgently need some help.... We claimed from GIO storm water damage in Feb 2010 over $30k, no problem $ well received. Now it comes to renewing the lease with landlord. Our existing lease has given us 200% liability towards pretty much any damage from any source including storm water and...
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    Pls help, Business insurance high risk policy holder?

    Hi, urgently need some help.... We claimed from GIO storm water damage in Feb 2010 over $30k, no problem $ well received. Now it comes to renewing the lease with landlord. Our existing lease has given us 200% liability towards pretty much any damage from any source including storm water and...
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    How can u afford more than 1 IP in 1 year? don't understand

    Hi, another silly question but I want to get my head around this: if someone earns $70k wage. After tax saving of the year is $30k. IP approx. $300k, don't you need to spend deposit $30k + stamp duty and fees etc so pretty much the whole year savings gone! Then save up another deposit for 2nd IP...
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    Home made champagne quick easy save $$$

    It's hubby's invention not mine. Makes many many fresh bubbling champagne just when you feel like one after a long day work..... Ingredients: - A nice champagne glass (In order to achieve best visual result) - A bottle of dessert wine $0 - $25 (Which you don't like drinking anyway, we were...
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    Can anyone recommend a PM in Frankston?

    Can anyone recommend a PM in Frankston who works as a landlord's PM? Who actually does the job not passing it onto another PM in the team? Who is firm and experienced in handling tenants? Who knows to 'manage' a property well?
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    Who is liable for injury and death of tenant's pet?

    Hi, Our tenants are keeping 1 dog and 1 cat at the house which our PM has added in an Animal Clause term and condition to the original lease stating tenants are to indemnify landlord for any damage caused by these pets. we have a concern about who is liable to the tenants properties inside the...
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    Tenants just moved in sent us a breach notice!

    Hi, need some real advice on this... We finally gone through all the hassles upgrading our IP, double income tenants moved in on a Sat. For some odd reasons the power had been disconnected before they moved in and we were unaware of this. Tenants couldn't connect power due to some...
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    Is that OK not to have PPOR?

    Hubby and I have combined taxable income of $130k p.a. no children, just bought our 1st IP $300k and we are renting a small unit at the moment paying $400/wk. Hubby runs a small business earning $30k gross on top of our $130k income. We plan to have children in 3 years time and I plan to quit...
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    Work for wife's company and getting mortgage together?

    Hi, me & hubby wana get a mortgage together without needing to go for low-doc. Hubby owns his business and is the company director and have been PAYG getting a wage as an employee for over 3 years. Company makes no profit. I work for another company as employee also getting a wage. We don't...
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    Just starting off, is our loan structure right?

    Still new to the forum and new to property investment. Really need some advice....pls pls pls Partner and I both renting at the moment. Partner earns $50k (PAYG) he runs his own business registered as a Pty Ltd and has been in the industry over 2 years. I am a normal employee for another...
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    MyRate? Self employed full doc loan

    Hi, has anyone used Myrate? In fact banks better or non-bank lenders better for a self-employed full doc loan? What is desirable on a IO investment self-employed full doc loan? What hidden fees or other factors should be considered when comparing lenders? Thanks...
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    Low doc + full doc loan, is there such loan?

    Hi, we have found an IP and are ready to go for it. We had a RAMS loan pre-approval back in April was a lo doc SE Pro pack (LVR was 90% back then now 80%??) Back in April, my partner & I were both self employed working for our own company that's why we had a lo doc done. but I have recently...
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    Frankston VIC - need ur local opinions

    Hi all, we finally went down to Frankston last weekend and had a good look around Frankston, Nth and Sth. Want some opinions from local residents: 1. How do you like Frankston? 2. Do you work locally or do you work somewhere else outside Frankston? 3. If you are renting, would you rather pay...
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    Who are RAMs valuers? Seems to be a secret?!

    Seems to be a big secret! Even Rams representative doesn't know. Our Rams lending representative said he does not know who is to value our property. It's all done by the head office....? But i thought that Rams are franchase, so this branch is owned by Mr 'A', and that branch is owned by Mrs...
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    Who can negative gear? Applicant or owner(s)?

    If my partner apply for a home loan for an IP and put it under both of our name (say 50/50) can we both negative gear? Or only he 'as the applicant' who is paying the mortagage can negative gear? Seems to be a simple question but get it confused all the time.
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