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Can anyone provide an overview of what is hapening in the Brisbane CBD/fringe unit market? (any agents, buyers agents, valuers, etc, that are emersed in the Brisbane CBD and fringe market?) I am trying to sell a property in Fortitude Valley (from interstate) and suprised at the low level of...

Thanks Andrew - quick response! Sorry I didn't realise the totals were year on year figures (rather than a total as the description indicates). Great data.

Interesting figures on the chart! Does anyone have year on year figures (possibly from residex?) rather than monthly. It would be interested to see if the year on year figures correlate to the totals in the above chart, which are based on monthly figures. I would thought the monthly...

I am currently renting a property in Western Australia while my wife and I are looking to purchase our PPR when we find one that suits us. Our lease expires in 3 weeks and I have asked the agent to extend the lease by 4 months, as 6 months is not suitable for us right now. The agent has...

I am selling an investment property which falls within the 6 year rule (i.e we lived there less than 6 years ago, and haven't owed another PPR since) I understand that commission is supposed to be added to the cost base and NOT claimed as a deduction. But, what if you are using the 6 year...

Let me know how you go with finding a good agent in Geraldton. I too haven't been too impressed with the Geraldton property managers!

Terry W / PT Bear, thanks so much for your help!! Terry, I drew this up in powerpoint – not ideal but all I had on my PC. I would recommend using Visio instead. The LOC is at it’s limit so removing it isn’t an option – I’ll leave it as it is with no new funds coming out of it – it will...

Rolf, the end game is to have a simplified structure that is tax efficient. I am starting to realise that given the fact I do not have any non deductible debt any more then it won’t make much difference.

Great, that's good news! Thanks PT Bear and JRC!! Much appreciated.

No replies. :( I thought this would be an easy one for the smart people on this forum! Maybe my question wasn't very clear. I have attached a drawing of the finance structure and highlighted the loan in question in yellow. Hoping someone can help with this. How should the interest...

Hi, I have a question in relation to deductibility of interest. The ownership structure for one of our properties is setup as tenants in common, with me owning 90% and my wife 10%. We did this because I am the higher income earner and she is likely to be off work in the near future with...

Ooops, I didn't mean to post this twice - I thought the first one didn't work, but now I konw why I couldn't find it, I was looking in a different group. Thanks for the information. Having read your post and the others above, maybe I'll look to change the structure so all income (Rents &...

ahhh... Property 1 has only recently become and IP, prior to that is was our PPoR - so i guess this structure was maybe more appropriate back then. I am a contractor and currently use an external company to invoice the client and pay me as PAYG. I do have the flexibilty to setup whatever...

Hi, hoping someone may have some suggestions to help sort out my financial structure for my investment properties.... at the risk of making you go blind, I have attached a drawing which provides an overview of my current financial structure. In the process of setting up this structure I...

Hi, hoping someone may have some suggestions to help sort out my financial structure for my investment properties.... at the risk of making you go blind, I have attached a drawing which provides an overview of my current financial structure. In the process of setting up this structure I...

I too have had a bad experience with CGU. We had our tenants leave the property disgusting requiring professional cleaners, multiple burn marks from an iron in the carpet through to the concrete (which happened to be only six months old), and water damage to the vanity to the point it required...

Consider how much it would cost to rebuild. Not sure if this is a good approach, but you could look in the local paper to work out approximate building costs to rebuild a replacement house. You probably should also include additional costs for removal of the property if it is destroyed...

So lately I've been thinking alot about my career and starting to realise I would like to begin preparing to move from my current job into a career in property. So... which is the best career to pursue in property? Valuer, Mortgage Broker, Developer (high risk), Sales, Property Management...

My vote is for Brisbane, followed by Perth. In saying that, my most recent purchase was actually in Geraldton based on the town having diverse industries and not predominantly a mining town, although with the exposure it does have to the mining industry I believe it will see significant gain...

I have noticed the Property Management fees in Geraldton are much higher than that of Queensland. The Professionals in Geraldton offer an all inclusive fee of 16.5% of rent collected - and they try and sell this as a good deal?!?! Alternatively they are offering 9.35% management fee, 3 weeks...