Search results

  1. Ellmay

    Should I cut my losses or hold on?

    No it's definately managed! I've had a pretty good application from a prospective tennant. But even still, they will prob only stick around for 6-12 months til they can't handle the neighbours anymore. Was thinking about spending Aprox 2k on landscaping including laying pavers to improve...
  2. Ellmay

    Should I cut my losses or hold on?

    I know some people that might want to move in. So if that's the case I might get another 6 months rent (6months capital growth) of it. That's the max time anyone has ever wanted to stay there :/ I'm putting it up for sale anyway, at the same time as being listed for tenants. Whichever happens...
  3. Ellmay

    Should I cut my losses or hold on?

    Please tell me about this guy haha
  4. Ellmay

    Should I cut my losses or hold on?

    Yes MTR it's a house. Apparently a good time to sell as there's not much on the market at the moment.
  5. Ellmay

    Should I cut my losses or hold on?

    It's a shame coz it's a nice quiet street backs onto the nature reserve. Out of all the bad neighbours in that street I'm wedged between the two. Everyone els seems quite pleasent in the street though.
  6. Ellmay

    Should I cut my losses or hold on?

    Nerang. Don't get me wrong there are great investments to be had there but I just got unlucky with the neighbours
  7. Ellmay

    Should I cut my losses or hold on?

    Hi, I have a 3x1 IP in a not so desirable part of the Gold Coast. It's been problem after problem, I've been through 5 tenants in the two years that I've had it (all of which have been problem tennants, breakages, repairs, arrears etc. The neighbours on both sides and the back are constantly...
  8. Ellmay

    Loan structure advice?

    I don't have a PPOR and won't be getting one in the next 6 years (besides the one I will live in for a while soon). Stamp duty in QLD is double for an IP so it will make a big difference to purchase costs. I just don't understand how they determine how long is long enough to stay in it for...
  9. Ellmay

    Loan structure advice?

    Thank you for the replies :) Jamie M - Why is it best to link an offset to a PPOR loan? Also - how do the banks know if the property is going to be a PPOR or an IP? I guess the mortgage broker tells them when applying but what if you apply for an IP loan (so they lend you more) and then...
  10. Ellmay

    Loan structure advice?

    Hi, I have a couple of questions if someone could please help :) 1) I'm currently applying for finance for a unit I put an offer on on the Gold Coast (Tugun beachfront). This is my third IP. Although I've been through the buying process twice already I'm still a little unsure of how to...
  11. Ellmay

    Splitting house into 3 separate dwellings

    Aw sorry I must have forgot to mention the location! - Gold Coast :)
  12. Ellmay

    Splitting house into 3 separate dwellings

    Do you know roughly how much this application costs and how long it takes for assessment? Thank you :)
  13. Ellmay

    Splitting house into 3 separate dwellings

    Westminster - Do you have any resources or can you point me in the direction of where I can learn more about zonings? Also - I didn't know you could engage town planners? Are these private ones? Sorry I'm so new at this :/ Appreciate your help :)
  14. Ellmay

    Splitting house into 3 separate dwellings

    Thanks for the replies :) So how do you legally rent two or more dwellings on the same property? Whether it be a house with detached granny flat, or 2 houses on the one block, or a multi story house that you want to split up? I suppose there would be different rules for each situation. The...
  15. Ellmay

    Splitting house into 3 separate dwellings

    Also, i'm looking at another property - this one is on 7 acres, and has 2 houses on it and a large shed with self contained studio in it. Ideally we'd like to live in the shed when we're home (often away), and rent the 2 houses out to different people. Agent advised that the neighbours have...
  16. Ellmay

    Splitting house into 3 separate dwellings

    Thank you for your replies :) What happens if your neighbours dob you in to council that you have more than one family living at the residence? What can council do? They cant exactly kick everyone out can they? The real estate agent I'm dealing with told me that the council found out that he...
  17. Ellmay

    Extensions/add on's un-approved by council

    Hi Pinkboy, Thanks for the reply :) So what happens if we were to purchase the property and not get any of the un-approved add on's approved and we just left as is?
  18. Ellmay

    Extensions/add on's un-approved by council

    Hi, Looking at purchasing a property that has had a lot of add on's and extensions over the years from different owners - some of which looks very DIY. What happens if we investigate and find that some or all of the add ons aren't council approved? Where do we go from there? Thank you
  19. Ellmay

    Splitting house into 3 separate dwellings

    Hi, I'm looking at purchasing a 3 story house in QLD with ocean views and a pool. It would be pretty straight forward to split it into 2 or 3 separate self contained apartments (we would sometimes live in one of them) and rent the other one or 2 out to strangers permanently. What sort of...
  20. Ellmay

    Proposed Casino in Nerang, Gold Coast?

    Hi all, Whats everyones thoughts of the likelihood of the proposed casino build in Nerang going ahead? Would be great for the area if it did...
Back
Top