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Not sure if this is the place for this but here goes.... A couple of us (friends) have decided to get into business together and we have a few IPs held in our own name. Would like to ask 1. What is the best business structure to be setup so that our personal IP are not being liable for...

Hi Looking to make an offer for a townhouse in qld which is owned by the developer and no body corp. have been setup. Is it advisable to add a special condition to have the body corp setup prior to settlement? There are 4 townhouse in the block. Thank you.

Hi I have been using an accountant that is highly recommended by this forum for the last few years. However, there have been mistakes and misses in this year return even though my records have been very clear. I am now thinking of changing accountant and would like to ask: 1. Is it...

Hi Assume that the contract of sale is signed this FY but settlement is only effected after 1 July.Is CGT payable this FY or the next ? Thanks

Hi The tenant in my IP in Vic has indicated that they would like to buy our property if we are ever going to sell. My question is do we need to pay the property management company a commission if we were to sell. My idea is to deal directly with the tenant throughout the selling process...

Hi Is it just me or it the forum slow in loading ? Cheers

All I have submitted an offer to purchase a property in Perth with the condition "Subject to the buyer's satisfaction of a building and pest inspection report" However, the agent has come back and would like to replace that with the standard REIWA building and timber pest condition as...

Hi Looking at purchasing interstate in Maylands , WA and recommended to buy in area near the river. Is south of Guildford Road ok ? Any suggestion on what streets to look into or avoid ? Thank you

Hi All Anyone has a copy of the 2011 REIWA contract of sale doc that they can share ? Thank you

Hi Looking for ppl to share the pricefinder subscription for WA data. Please respond if interested. Thank you

Hi Just wondering what are some of the ways IP owners have done to increase serviceability in order to get more loan ? I currently have about 3 NG IP with a relatively high income but the MB (from this forum) is finding that my serviceability is probably maxed out for the 4th IP. I got...

Hi All Just wondering if anyone has a good template for excel spreadsheet to record incomings and outgoings in relation to rental properties for taxation purposes ? If so, can you share them ? What do you record in those to submit to your accountants for tax returns ? Thank you

Hi Just attended a seminar yesterday on investing in property using SMSF and an idea came to mind. 1. Buy an investment property using SMSF 2. Rental income + 9% contribution will be used to pay P&I of the loan (should be sufficient) 3. Sell the property after 5 to 10 years (assuming...

Hi Anyone with recommendation on buyer's agent for Perth ? Thank you in advance

Hi Just wondering what are the pros and cons of a 95% loan versus a 90% loan ? I have listed some of them as i can think of: 95% loan Con 1. Limited lending 2. Higher LMI Pros 1. Use less of own money Also, which lenders are still accepting 95% loan applications ? Thank you

Hi Will be settling on an apartment in Guildford, NSW in early Feb. Any one with recommendations on a PM in that area ? The property is tenanted and is currently self managed by the previous owner. Thank you

See http://au.pfinance.yahoo.com/photos/photo/-/11162752/for-sale-australias-most-expensive-properties/11170076/ and this makes it an number 31 due to a typo :D http://www.yahoo.realestate.com.au/property-house-vic-point+cook-108375451?listingType=buy Just goes to show what due...

Hi Helping a friend to find out more about this company Property Secrets http://www.propertysecrets.net.au/ They claimed that they can help sourced , purchase, renovate and build a granny flat and turn the purchase into positive cash flow. Anyone care to share their experience ...

Hi I am currently looking for my 2nd IP with a budget of about $450k to spent. My 1st IP is in the west of Melbourne and have been trying to research whether to continue investing in Melbourne or to buy in Sydney. Areas in Melbourne that I am considering are units in the eastern suburbs...

Hi Anyone with recommendation for a property manager in Point Cook area ? I tried searching the forum but not much mention of any good PM in the area. Thanks