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  1. K

    Deck with a step or deck the same level?

    Hi Guys, Thanks for the responses. Yes it will be 1 step down and we will be going with this option as it will be easier to get through the council. Thanks guys Cheers,
  2. K

    Deck with a step or deck the same level?

    Hi there, Council said there has to be a 1.8 meter high visual barrier. If we built the deck at the proposed height it may overlook a neighbors property. Thanks for the quick response!
  3. K

    Deck with a step or deck the same level?

    Hi Guys, I have a bit of a dilemma with building a deck. 1. Build a deck at the same level as the rest of the house; (preferred option) 2. Build a deck that requires us to step down onto it. Is there much difference value wise? Aesthetically Option1. would look better however we would...
  4. K

    A tenant is subletting my property!-Victoria

    Hi Guys, The eviction notice was sent via registered post.The tenant also sent me an SMS acknowledging that he had sent received the eviction notice.
  5. K

    A tenant is subletting my property!-Victoria

    Thanks for all your feedback everyone. I spoke to consumer affairs and they have directed me down the legal path which I will pursue. However I will keep you posted, Regards,
  6. K

    A tenant is subletting my property!-Victoria

    Thanks for your feedback everyone. I found this below. 14-DAY NOTICES TO VACATE Assignment or sub-letting without consent: The landlord can serve the tenant with a 14-day Notice to Vacate if the tenant assigns or sub-lets or purports to assign or sub-let the premises without the landlord's...
  7. K

    A tenant is subletting my property!-Victoria

    Yes I am self managing. This only happened in the last 6 – 8 weeks because we check the property regularly (obviously ever 2 months is not enough) Yes I do have a lease agreement with the person who is subletting the property only and not the 5 other people in the property. My intention is not...
  8. K

    A tenant is subletting my property!-Victoria

    Terry, Thanks for your advice. I will wait until the 14 days is up and then do it. In the process of getting legal advice as well. Will get the tenants to give me the rent directly. What will be the ramifications to me after that?
  9. K

    A tenant is subletting my property!-Victoria

    Hi guys, I have a smart tenant who thinks it’s his right to sublet my property. He has moved out of the property and has started to do short term accommodation for backpackers They are making good money off me and I want it to stop. I have never given him consent to do so. I have issued him...
  10. K

    Melbourne September 2010 Somersoft Meeting

    Hey Dazz and Yman, Thanks for taking the time to organise and share your knowledge. It was refreshing to go to a property meeting, where people weren't trying to flog their developments or services. Thanks once again,
  11. K

    Melbourne September 2010 Somersoft Meeting

    Hi there, Is there room for 2 more as my brother and I would love to attend. Cheers
  12. K

    Advertising on realestate.com.au

    Hi Guys, I also used landordschoice.com.au. I found quality tenants using their service. I have normally used gumtree.com.au, which is taking a bit of a risk as the tenants are normally back packers, but its free! To be honest, it still comes down to chatting to the tenants, using your gut...
  13. K

    Where to buy Cheap Tiles in Melbourne

    Cheap tiles For cheap tiles check out this place http://www.tileliquidators.com.au/contact-tile-liquidators.htm. I just did small reno on a kitchen and the tiles were cheap as.
  14. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Hi Bene313, I will be going over this with both my account & my mortgage broker. Thanks once again.
  15. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Hi guys, Im back after doing a bit of research last night. I found this post really helpful as it just simplified everything for me. Thanks everyone for their contributions too. http://www.somersoft.com/forums/showthread.php?t=56848&page=2 Bene313 - totally understand your strategy. However...
  16. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    My PPR was suppose to be an investment which we ended up moving into. Moving in the other IP is not an option. Thanks anyway.
  17. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    I felt a bit silly asking these questions, but by the amount of visits this topic received in ½ a day, it wasn’t that silly after all! So essentially equity gained from IP’s can be uses as a vehicle to potentially leverage myself into more deductable debt, and the gains made will be...
  18. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Hi everyone, I really appreciate everyone taking the time to post responses so far. Long time forum reader, first time forum poster! TOBE - I have am in the process of researching debt recycling thanks for your tip. BENE313 – I sort of follow what you’re saying. If I were to execute such a...
  19. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Thanks YMAN for the quick response. I totally agree with the word hopefully hence my post and wondering how other people may have gotten out of the same problem. Have they put there money in shares, term deposits, etc
  20. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    I have 3 properties, 2 investments and 1 PPR. Unfortunately my PPR has the highest non deductible debt. Both my investment properties are positively geared, with a combined equity of $140K. My accountant suggested I should use the equity from the IP to buy shares and increase non deductible...
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