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Hi, Wife and I jointly purchased a property in Mar 2006, which we lived in until we moved out in Mar 2009 when we bought a new home to live in. The property purchased in Mar 2006 then became an IP in Mar 2009. At that time, I transferred the IP from joint ownership into my name only, using...

Urgh. Where do I start. Rented out my 2BR + combined study/utility room/laundry townhouse to 2 tenants last Nov. Tenants asked if they could keep pets prior to signing lease - I said no. They signed anyway. Today I find out from the PM that one original tenant has moved out - because she...

Hi, We embarking on our first reno (Melb metro area). We have an exterior laundry (connected to house on one wall) that we want renovated as it is a bomb site. Room is 3m X 3m and on a concrete slab. Works we want done are: Demolition and removal of Rubbish. Remove internal instant...

Hi, Looking at a property title plan under S32. There are two title plans for the one property - one is the front 3/4 of the land, the other is the rear 1/4. The title plan at the rear lists 2 encumbrances as follows: "The right title power authority or interest of the melbourne...

Hi fellow investors, I own a unit in a development (small, 16 units) which is under an Owner's Corporation. I'm on the OC committee as well and always have been since becoming an owner. Our current OC Management company is just not cutting it. No details, but their approach is no longer...

Hiya, Our IP is tenanted to a couple who are 6 months through a 12 month lease. They have broken the lease as they are being transferred interstate for work. Note that they are both foreign nationals in the country for work (PM has copies of passports, DLs, other info etc). The property will...

Hi, We have an IP which is only 3YO (we bought it new), so still covered by the building warranty (property is also under an Owner's Corporation structure). The tenants have reported an electrical fault in the house - the house main circuit breaker/RCD tripping when a certain power point...

Hi, Firstly, this forum has helped me quite a bit over the last 3 months is turning our PPOR into our first IP. Much appreciated. So, we have our first IP, plus our new PPOR. The company I work at has an employee share scheme structured in a way that avoids the 'pay tax upfront when you are...

Hi, Is it legal/possible to stipulate a rent increase in 6 months time (and state the new amount) in a 12 month tenancy agreement? We have tenants looking at our IP, but offering less than I am asking. Keen to strike a middle ground with an agreed increase in 6 months. Cheers, Sushi

Hi, We have an applicant for our IP, a young couple with one 2 year old and another due in about a month. The property is a 3 story townhouse with plenty of stairs - my wife is expecting and we moved out just for this reason. We have landlord insurance (public liability of $10M). Is...

Hi, We've a property on the rental market with a property manager and it is struggling to shift - very little interest at all. I'm not overwhelmed with the agent's efforts to let the property so far (I feel that I am getting the run around). The agent's exclusive authority is ending soon -...

Hiya, I've a property on the rental market in the mid-higher end of the scale. Property is inner city, 3YO, 2 BR + study, 2 bath townhouse with AC, security, lockup garage, great transport/shopping/cafe strip within 1 minute walk. It's on the market at $550/week and, to be honest...

Hi, Searched the forums but could not find a clear answer that matched my circumstances. My wife and I own our current PPOR (50% each), with a mortgage outstanding. We have bought a new house to live in and intend to turn our current PPOR into an investment property. We wish to transfer...