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Hi Fourumites, My NRMA insurance is about to lapse and i am on the lookout for a new insurance provider. I had to make a loss of rent claim under NRMA and it was a nightmare and yeilds very little benefit after excess and so on. How does everyone else insure themselves, and who with? Do i...

Hi everyone I am about to go unconditional on a 3 bedroom townhouse in Slacks Creek, south of Brissy and i am ready to start looking for the next one. Like many sydney investors i have a bit of equity in hand, and am looking for 300k or so purchase as my max purchase price. I am trying to...

Hello Somersofters I have just received a flawed pest and building on a property in QLD which i have under contract. We are still in cooling off and found that there is water stains on a few of the ceilings throughout. Also there are cracked tiles on the bathroom floor which worried me that...

Hi all I'm still in the acquisition phase of building my portfolio. I have turned my focus to cash flow neutral/positive properties with good CG prospects in Brissy for my next puchases. My question is what would you do? I have access to $122k when leveraging IP 1 at 90% or $71k at 80% I have...

Hello forumites I have used a buyers agent to purchase my last 4 properties and have decided to put my big boy pants on and have a crack myself. I have found a house which seems good for the price when compared to the other stock, so I want to put in an offer but don't want to ruin my chances...

Hi All I have a property in Kempsey, which as many people here may have experience, gets damaged at every opportunity. Aside from damage i have had the last 3 tenants take off while owing rent. I have made a few insurance claims and now the insurer wants nothing to do with me. I initiated...

Hi forumites I have a IP with GF which i live in. The house is tenanted and i am about to move out of the GF. For the time being i have been accepting both water and elec rates notices and divvying up the cost between the tenant and I. I have meters on both water and electricity but neither are...

Hi Guys I just removed tiles from rendered walls and cement floor in a small unit bathroom. As it is a tricky time of year i can't find a tiler who wants the job right now. Im kinda desperate as im going away in a week and a bit but dont want to have this incomplete while away. So i am going to...

Hi All I currently have a 4yr old granny flat that is going great. I currently live in the GF and have the main house tenanted. I have added separate counters on the main water and power feeds and i personally take the readings and do the calculations to determine who owes what. I was...

Hi all, I just had a unit in westcourt settle this month. I am in Sydney and cannot get up their to do a little bit of work. My property manager feels like i should do a little tidy up before getting tenants in. She is getting me a quote from her guy but i wanted to know from the forumites some...

Hi everyone I am 31yrs old and in a transition stage of my life. I currently work a job i enjoy but get paid peanuts to do it and have decided i want to accelerate my investing power by increasing my wages. This means going back to study! :( I have figured how to take up a few different work...

Hi All, I am curious to see if anyone follows a strategy where you primarily buy and hold but sell one aquisition every so often (yearlyish) to free up cash for further investment and living costs. I am looking for ways out of the workforce sooner rather than later. This may be a pipe dream but...

Hey all I have hit a crossroads in my current career and have decided to start looking at working closer to property. I wanted to know the opinion of you forumites as to which route you would take to improve investor knowlegde, contacts, exposure to the market etc. Ideally i would love to...

Hey all I have been curious to see what sort of businesses ppl on this forum own or run and if you feel like indulging, earn. I make 42k in my job, which I enjoy but I have been doing it 11yrs and the money is pretty crap I think. I guess I'm looking toward business ideas and potential income...

Hi All I have currently have 4 IP's and am eager to keep the ball rolling. I am looking for ways to get depositis. I have a little equity which i have been unable to access due to poor vals or high leverage. My question is for those who have been able to aquire IP with OPM or other innovative...

Hi all, i have been reading threads about the use of laminate paint on kitchen surfaces for my budget reno. I have noticed that some ppl have used WK products and others standard paints with ESP and penetrol. Both seem to have returned great results Does anyone have a preference? I am after...

Hi all, I was wondering if anyone here had any contacts in Muswellbrook or surrounding areas like Singleton etc. I have just bougth there and am preparing my reno. Local news paper and yellow pages only list one or 2 handyman types. Any info would be great Thanks Michael

Hey all I have my tennant leaving soon and i will have to do a few little jobs to get the place up to standard. I would love to know how your ideas would differ to mine for the following. 1) Garage splitting: My IP has a house and granny flat on it. The garage has contact with both yards but...

Hello Everyone My name is Michael and i am new to reno's. I have just had a granny flat built in the backyard of my investment property. I have been told by council to build a path to the front door. The property slopes downward gently from front to back. The Granny flat is at the very back and...

Hi everyone I am just about to complete the exterior of my granny flat. I have to join the blue board and then decide on a finish. I was hoping that someone out there who has had some experience with this product could give me an idea on how to: * join the blue board sheeting (i know there are...