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  1. Collector

    Gifting

    My mother in law wants to help us out and give/gift us $80,000. I have researched via google and there is centerlink implications relating to claiming the old age pension if she does. However she is still working full time and would not qualify for the age pension when/if she does. She...
  2. Collector

    Refinancing to P & I and remove LOC

    I purchased a villa as an investment 3 years ago. I financed the villa via: $100,000 LOC secured against PPOR for 20% deposit and cost $312,000 I/O loan with bankwest - rate tracker The purchase price of the villa was $392,000 The current value is $460,000 I'm looking at...
  3. Collector

    Horsham Vic?

    Living in Sydney so I know little about Victoria property market. I have done a little research on the internet but would like some advice on good/bad areas etc. Horsham has a low entry cost and fairly good rental return and low vacancy rate. Would like more info on area from someone on...
  4. Collector

    Photos

    I had to laugh.... http://www.realestate.com.au/property-house-nsw-north+rocks-109299126
  5. Collector

    Timber floor repair

    I am in need of a tradesperson to repair a damaged (buckled) black butt timber floor. The cause of the damage was a shower leak, shower leak has been repaired. I have called about 5 tradies out of the yellow pages/local paper but none of them want to do the job - I give them all the...
  6. Collector

    Finally found a CF+ property in Sydney (50% yeild)

    I have just submitted an offer via email on this property - I have offered full advertsied price:D I some how don't think my offer will be accepted. (I thing some one forgot a "0")
  7. Collector

    Depreciation - how does it work?

    I have received a depreciation report on a IP we just settled. I have no understanding on how depreciation works and am seeking some answers. I would like to calculate our cashflow position on this property - and do so I need to know where depreciation fits in. The report has 2...
  8. Collector

    Another LOC question

    We are preparing to purchase 2nd IP in the next month or 2. Looking at best method regarding LOC. We currently have a LOC which is maxed out - used to purchase IP1 We will either be seeking a 2nd LOC linked to PPOR or the extend the LOC we have. Looking for pros & cons for both...
  9. Collector

    Suits bachelor with a lot of toys

    Another unique property on re.com 1 bedroom unit with 18 car spaces:eek:
  10. Collector

    T.V. Shows

    Came across 2 shows on the box this week that may interest somee, Details: Renters Channel 7 Friday 10:55pm Watched this last week - NZ based Flipping Out Foxtel - Arena (on multiply times each week) Watched last night - about guy that flips properties
  11. Collector

    Interesting low offer received

    We received an offer today on a property near Westmead - I thought I would like to share with you. As you are aware the first home buyers are out in force with properties under $400k being sold in a couple of days. We received this communication this morning: This particular...
  12. Collector

    Is this posible

    First some of my details: - Paid off mortgage in July/08 on PPOR, looking for opportunities for IP. - PAYG of $80,000 (wife $80,000) = total of $160,000, also get car allowance of 12k and all fuel - Currently saving at least $1200 per week - saved $82,000 since July/08 - Will have tax bill...
  13. Collector

    For those who choose to self manage

    I don't know if this has been posted before I have come across a website that provides advice and information on all states, and may be of interest/use for those who self manage there IP's rentalagreementdiy
  14. Collector

    How to have an Auction without having an Auction

    I came across these 2 properties yesterday while surfing re.com, very interesting way to market a property. 1. Both new listings - only uploaded yesterday (same agent) 2. Inspection only via open house this Saturday 3. Price range guides 4. All offers must be submitted in writing this...
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