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How may open-for-inspections should you hold before determining your price is too high? Previously I've never had more than two inspections before finding a tenant. However I've recently settled on a house in an inner-city suburb and had three open-for-inspections. The interest has been mild...

Hi. Just wondering if anyone has any recommendations for a PM around Prahran and St Kilda East?

What do you think is generally better for long-term capital growth?

Suppose I were to take out a loan against my PPOR to put towards a deposit for an IP. My wife borrows the remainder as a separate loan. Ownership is entirely in her name. Can the interest on my loan be deducted against my wife's income?

Just wanting to know how easy/difficult it is to get a no-doc loan for 60% LVR with interest rates similar to full-doc loan rates?

Has anyone heard of realestateinvestar.com.au ? Has anyone subscribed to them? What are your thoughts?

Last week I went around to my IP to drop something off for the tenants who are a young couple. While I was there I discovered another tenant living there. The couple explained that she had been there for four months and they had notified the PM. There was also a small dog there which may also...

Since the trust has yet to make an income, can the cost of setup offset other income?

I currently have an IO loan for my PPOR and excess cash goes into the offset account. Once my savings in the offset account exceed the loan value, can I pay off the loan (without closing the loan account) and then redraw say a week later for investment purposes? Would the interest be deductible...

Sorry if the question sounds silly but apart from the property itself, these two seem to be the biggest expenses of acquiring an IP in the first place. Also, if these expenses are paid via the IP loan, is the interest on the loan still fully deductible or do they need to be apportioned out?

Hi Everyone, In Victoria, if you pay your 10% deposit and both parties sign the Contract of Sale subject to e.g. finance approval, building/pest inspection, etc. can the vendor then go and sign unconditionally with another buyer (as they can in some other states)? What are the costs...

Hi Everyone, I am currently looking to buy another investment property but keep running into serviceability problems when applying for a loan. At the moment, I have more than enough equity to use as a deposit and my total income after tax and interest repayments is around $1000 per week...

Hello Everyone, I have sold a property and have established that CGT is calculated from the Contract of Sale date. However, settlement is 6 months after the Sale date. I just need to verify whether the rental income, depreciation and expenses (repairs, insurance, rates, etc.) incurred...

Hi Everyone, I've done some reading about Living off Equity (LOE) and Capitalising Interest. From the reading, these strategies seem sound (and very clever). However, I find that actual experience tends to present us with challenges that we don't factor in at the start of our endeavours...

Hi everyone. I was once told to alway put in offers at least 20% below the asking price when buying property. This sounds to a little low. What are your thoughts on this?

Hi, I just got a pre-approval from CBA. Just wondering how certain a pre-approval for a loan is (I filled out the application honestly but have not yet provided any documents such as proof of income, etc.). Is it safe to sign a Contract of Sale if I find a property I like? What happens to my...

My wife and I recently inspected a property we fell in love with which was to go to auction in two weeks time. Unfortunately, the vendor signed an unconditional contract of sale one week before the auction was scheduled. I was wondering if it is possible to still buy a property on the same...

I used to think that positively-geared property increases your overall income, thereby increasing your serviceability for new loan applications. However, I have been trying to apply for a new loan lately and keep getting knocked back whenever I mention my positively-geared properties. This...