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    Stamp Duty discount (VIC)

    Hi all, is there any stamp duty calculator on the internet for off-plan purchases? we are looking at a off the plan townhouse (one of two) and want to find out how much SD we can save. the old house has just been demolished, no slabs yet. excavation just started. It is correct that...
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    Recommendation for lawyer/conveyance people?

    Hi all just preparing to sell one of my IPs been quoted 2k in getting the Contract of Sale and associated legal fees which seems very high, esp we don't even know if it will sell! and I guess since we are the sellers, we just go with the cheapest lawyer we can find right? any...
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    Does commercial rent ALL include GST?

    as title...
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    Do I need council permit?

    Hi all, my parents are planning some renovations to freshen up their shop in inner Melb. its long overdue... it mainly consists of removal 1-2 internal walls and moving the toilet to the back room (ie, new plumbing), some new flooring, and some cosmetic stuff. they commissioned a local...
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    Another Strategy thread.

    Hi all. we are contemplating what our next step is... we have limited prop investing experience, but have been reading a few books and online forum such as this. our current "approx" scenario is: PPOR (joint names): bought 1.5 worth ~ 1.6 (owes 950) IP 1 (under my name): old PPOR...
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    unauthorised water usage?

    Hi, one of my IPs (which has been vacant for 6mons)- for personal resaons, dont ask why....... I just received my water bill, it is was saying the past month I have been using 1000+ litres of water per day!!? which is impossible cos no one lives there!! I visit it peridodically and...
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    Question re demolish and rebuild

    Hi all, just a quick question. I am looking at a property with a view to demolish and rebuild for our PPOR in the next 5 yrs. it has a (rentable) run down house at the moment and a in-gound tiled pool at the back. is it going to be very expensive to demolish with the in-ground pool...
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    phone bidding at auctions

    Hey all, we are looking in buying an IP interstate which is going for auction next month. we are quite keen on the prop but the only issue is we are going overseas for a trip... a trip our family has planned for ages. so.... the agent said we can just bid over the phone on auction...
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    Medical permits

    Hi there. jsut wondering, if we buy a block of land and plan to build a medical + dental centre and lease it to doctors and dentists. who do we speak to at the council in order to make sure we can get a permit to build such centres? I heard councils are very tight in terms of...
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    is Cheltenham (Melb) any good?

    Hi all. just started looking for my 2nd IP. prev IP has been units/apartments. this new project will be a sub-divide+2 (or 3) 2 level townhouses. not build now, more like in 3-4 yrs time. looking for a block with at least 750 m2. mate of mine told me about Cheltenham VIC. prices...
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    Question re lease

    HI all, a simple question for you guys. my aunt runs a little takeaway shop in Melbourne's East She's been there for 7+ yrs. recently she renewed the lease for another 5+5+5 years, because 1) her current lease has run out months ago and its on a month-month basis 2) a developer recently...
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    Builder's insurance, how does it work

    Hi all, my nephew just bought a 18month's old house recently and after the recent wild weather in melb, he noticed a leak in the garage ceiling. it looked quite bad as the plaster is all soaked and we poked a hole thru the plaster to see what's going on. and the insulation is all...
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    quick question re IP

    Hi all. hypothetical question I buy an IP live it in for 6months (get the FHOB) at the end of 6months, do simple renovation cos it;s a run down home (ie, carpet, paint, new dishwasher+fridge) rent it out afterwards. ?? any way I can claim a tax deduction on the renov/repair??
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    Brighton East (Vic). is this a good growth area???

    Hi all, first post here. nice forum i must say! am looking for a family home in Brighton East. it seems like a "poor cousin" of Brighton but frankly, we cannot afford Brighton area. and past history shows good long term growth and since Brighton is hot as at the moment, am hoping...
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