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Hi, I have had a bit of bad luck with a particular property and replaced the carpets due to malicious damage from tenant earlier in the financial year. Tenant did a runner and had replaced with what seemed like better tenants. The most recent tenants have since also done a runner after...

We just had a tenant break lease and now that he has moved out we have realized he has done a small number on the property. Cigarette burns in the carpet in every room along with what i am thinking is dog poo smear throughout. There is also a tear in the kitchen lino. The house had been newly...

Hi all, This is my second IP. The first is just around the corner, similar property and rented after 1 week for market rent. This property has been available for 3 weeks now with only one couple through. I have dropped the rent hoping it will provoke some interest. How long have...

As it stands my partner and i have 2 IP in both names, and I have the PPOR in just my name. All with the same bank and we have the professional package which entitles us to a few offset accounts. Is there any way that i can set up an offset account for my partner to help bring down the PPOR...

I have recently purchased an IP property 3 bed 1 bath built pre 1985 with no recent improvements that i can tell of apart from new carpet, paint and oven. I am also under contract on another property exactly the same. I just dont know whether its worthwhile getting a quantity surveyor out...

Hi I currently have a PPOR that i have lived in for 2 years. Purchased for $345000, still owing $210000 with $65000 in the redraw. It is on a discount home loan with no swapping to another loan, and as such i believe the only way for me to change to an IO with offset is to refinance...

Hi all, I have recently purchased my first investment property last October and am hopefully looking at purchasing in the next six months. What i have so far: PPOR purchased 2 yrs ago for $345000 owing $200000 with about $70000 in redraw Recently purchase IP purchased for $280000 owing...

I currently own our ppor and would like to now split the loan and house with my spouse. before i bug my broker with any questions i thought i would annoy people here first for information. Im guessing that i will need to refinance and pay some government transfer fees, solicitor fees and...

I have searched the entire website to no avail for information regarding subdivision in the Redcliffe area. Is there information on the website? Or is it a case of making a call to the council and hoping that i receive the right information? Cheers Tom

Hi all, The rough sums that i have worked out for my first IP will put me about $1000 cash flow positive a year. I know i will need an accountant eventually to answer these questions but; Does being cash flow positive affect the deductions that i can make come tax time? When is tax...

Hi everyone, I am still very new at this. I finally purchased a property and have found a property manager to rent it out for me. My question is how involved are property managers supposed to be? And when do they give you updates? Since this is my first IP i pretty much want to know...

Hi all, I am just in the process of purchasing my first IP. All that i know about PM is that you need to pay a commission, around 8% a week of rent? What else should i be looking for in a PM? Is there any PM's that would be recommended in the Kippa-Ring, Redcliffe peninsula area...

Hi, I have been reading the forums for a week or so now. There is a wealth of information but I am just not sure where exactly I should be starting. Any help would be very much appreciated. My situation. I currently have a PPOR worth $350000 owing $220000 with a redraw account. No...