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Hi all, I'm in a quandry and I hope some of you clever money-makers can help me see the light. In the last 14 months I've bought IP's 2,3,4 (had others previously but cashed them in over the years.) I'm now pre-approved to go for IP 5. We still have a few hundred thousand $ of equity and I...

Hi all, So, we're finally organising a meet up for all the South Coasties! Join us at Nowra on Thursday 14th May at the North Nowra Tavern (82 Page Ave North Nowra) at 5pm. We'll meet at the bar with the option of staying for dinner. Just look for a bunch of shady looking characters :D...

Ok, A late starter, I know. But who should I vote for tomoz? I know we should never discuss religion or politics, but what's an internet forum without a rigorous debate! Help me decide... Im in education. Also small business owner (farming - primary deduction) And a small time...

Hello! We received an email from our Wagga PM which was written by tenant. It states she wont be renewing her lease unless we install evap cooling because the house is so hot. It's something I thought not having it might be a deal breaker for a tenant and I guess I was right! Options...

Hi all, Just settled on IP 4 but wanted to see what is the norm when exchanging... Our was offer was accepted a little over a week ago. The sales advice has been sent, solicitors details provided etc etc. I've signed the contract after meeting with solicitor but there are a few certificates...

Hi all, We're looking at getting plans built up for an addition to our PPOR. We want to add a good sized living room, dining room and deck off an existing roofline. Basically a square box 6 x 10m with no internal walls or plumbing etc and a 6 x 5 deck at the end. Initial chats have been...

Hi wise ones, I purchased an IP at the beginning of last year. Purchase cost was $220,000. I also borrowed $20,000 to renovate which I spent on renos before searching for a tenant. I'm a little confused about what this means at tax time... 1. Can I claim the interest on the $20,000 loan...

Hi guys, I've put an offer in on a property that I hope will become IP 4. Put an offer in yesterday afternoon and explained how I came to that figure (nearby sales etc). I feel like I developed a pretty good rapport with the agent (its their job to make us think we're besties, right! :o...

Hi Wise ones! One of our tenants has reported a black mould on the roof of a bedroom, so I asked a roof tiler/restorer to check it out, thinking it may have been a ridgecapping issue. He rang today to say the tiles are old and porous and that water is seaping through the actual tiles...

Hi guys. I renovated a property earlier in the year and the agent has just performed her 6 month (first) inspection. The tenant has kept everything beautiful and we're really happy with her. The only thing is that she has asked for some very minor repairs to be done and I worry that Im being...

Hi all, Just curious, with all the hype about Spring Fever, what causes the peak in sales this time of the year. I'm guessing it exists, rather than just media hype but why? Surely it's not just because the lawns are greener and the nice weather makes people happier, therefore more...

Hi guys and gals, Our ppor is an old farmhouse, probably around 1940s. It's been added onto over the years, probably using less than perfect materials but is a pretty solid old place. The original floorboards are not of a quality to be polished and have some humps and hollows between rooms...

Hi guys, So after a having a few IPS and doing a couple of small scale cosmetic renos on PPOR's, I'm doing our first buy, reno, hold and I dare say I'll have some stupid questions that need answering. So rather than starting a thread for each stupid question, I thought I could combine them all...

Hi guys, I'm just about to embark on my first IP reno. We've done work on our PPORs before but not on any of our IPs so it's obviously a different ball game. I'm trying to find out the interior colour Cherie Barber uses on most of her renos but I'm not having much luck. I know 'that...

Hi guys and gals, If you were renovating in a town with both Masters and Bunnings, which one would you choose as a one-stop-shop.... or would you got elsewhere eg, speerate kitchen supplier, tile shop etc?? I'm a bit of a fan of Bunnings although I realise they're not always the cheapest -...

Hi all, After lots of to-ing and fro-ing, we've just had an offer accepted on a property in Wagga (subject to pest and building) and will need to organise pest and building inspections next week. Can anyone recommend a company they have used in Wagga? Also we will be doing a quick reno on...

Hi folks, Im looking at a dark brick house which i was going to render with a 'cherie barber grey' except its got mission brown windows. Has anyone used a render colour to suit the beautiful mission brown or have any ideas on this one? I thought about removing windows powder coating and...

Hi posters, I'd like to know what people think about the above towns. I have searched older threads but would like to hear more recent information, particularly growth prospects. There seems to be some CF+ prospects in these areas? What do you think?