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    Property Manager paid for repairs that were not done

    This weekend when we visited one of our investment properties located about 50km from our home, we noticed a number of things we had paid for to be repaired over the last 2 years have not been done or the work was extremely shoddy and will need to be redone. For example we had paid for four new...
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    Exclusive use of or purchase of front garden

    Hi I have a raised ground floor flat situated at the front of the building. The flat takes up the front section of the building and has no common walls. Entrance to the flat is via the main sliding door on the balcony. In front of the flat is a small garden (lawn) just behind the front fence...
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    Using Australian IP to finance IP overseas

    Hello All, I need some advice. I own an IP valued in August last year at $460K. There is no mortgage. It is currently tenanted at $465pw. Would it be possible to take out a LOC on this property to purchase an IP in the UK? I am looking at properties valued the equivalent of A$300,000 in a...
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    Insurance for SMSF residential property

    Less than a week out from settlement on SMSF residential property the bank has asked for proof of insurance showing them as mortgagors. I have no problem with this but don't know where to get it! Trawling through insurance websites doesn't seem to bring up much for this kind of insurance. Can...
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    How to make better use of assets

    Hello. I need some advice about how to best structure our finances in order to purchase further IPs PPOR $1,050,000 (valued Oct 2012) LOC $720,000 drawn down $700,000. $620,000@ IO fixed rate of 5.84% & remainder at variable IO rate of 5.59% IP1 $485,000 (valued Oct 2012) LOC $505,000 drawn...
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    SMSF loan financial planner sign off

    Hi I am new to this forum but hope someone can help me. Hubby & I are just purchasing our first SMSF residential property. However when loan docs came from bank to sign, there was one requiring a sign off by a certified financial planner that they had advised us on the purchase. We did not use a...
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