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Hi everyone. I have been looking at getting my 2nd IP, as it seems its possible for me to borrow enough to afford one (BTW thanks to everyone that has helped with my questions, etc over the past few years :) ). I am looking at a unit in Carrum Downs...

Hi, I was talking to someone from the CBA over the phone today, and he said I should look at getting a MISA account, as the money I put into it, I can offset the interest, but the tax will look at the full loan, not my MISA money. In other words, if I have a $200k loan and I put $80k in...

Hi, I have received an email from my Property Manger asking to sign a form which states if I want them to test and check smoke alarms. It cost $75 a year but changing batteries costs $24. WTF? Is this lagit or just a scare tatic to get more money from landlords? Cheers :)

Hi, I wasnt sure where to post this question, so I hope here is ok. My Neighbur is selling their appartment well below I know what they paid (we all paid the same from the plans). Their english isnt great, and they seem to be very private, which is why I havent asked they directly. Is...

Hi, I was looking at a unit in Chelsea. Its an older 3br unit. It needs a reno. But its selling for about the same as 2br units, that recently sold, that had renos done. My Questions are, what is Chelsea Heights like, to live and as an investment? And, what limitations do you have for a...

Hi, The lights have gone out in a property of mine. Is it to be replaced by the builder/electrian or by me? The apparment is in melbourne, and is only about 8 months old. Any advice would be great :)

Hi guys, I recently completed my agents rep course. And I was hoping someone in the industry can tell me what its like, is it worth doing, what to expect, that sort of thing? Thanks in advance :)

Hi everyone, Hope someone can help. For the past 6 months my wife and I have been having issues with our recently purchased appartment. The issues range from the plans being changed, to no post box, to waiting for the builder to write us a letter so we can collect our boost. Our...

Hi guys, I posted this thread in another threa but had no replies so I hope i get some now. I was hoping you guys could help me out. I have an ip. I have a 280000 loan on it. The value has grown about 100k from when I bought it, based on sales on simular places recently and in the past...

Hi guys, I was hoping you guys could help me out. I have an ip. I have a 280000 loan on it. The value has grown about 100k from when I bought it, based on sales on simular places recently and in the past yr. Its on a 5yr intrest only. I would like to buy another ip, but the ip would be a...

Hi everyone, (I hope this is the right spot to post this) I hope someone can help. At the moment I have been waiting for an apartment which me and my wife bought off the plans to be built. Its taken 18 months and the appartment seems finished, and we recieve a letter titled "certificate of...

Hi Guys, Just a quick question.Can you have both a solicitor and convayencer? or must you choose?(In Victoria) Cheers

(Same question as in other thread I had but got 0 replies) Hi all, I was contacted by my conveyancer and she said that the contract for for land only as it has no pages covering appliances, tiles, etc. I asked what that meant to us, and she said that we wont be getting any discounts for...

Hi Guys, Whats the difference between a contract for land and one for house and land? Its for an appartment. Will I not get my duty concession (its off the plan)? And am I screw*d? Cheers

(Copied from another thread) Hi, I am reading the book "Think and Grow Rich in Property" by Stuart Zadel. The Second chapeter is written by Steven Tolle & Cherie Barer and deals with Reno's. And I'm half way through that chapter. Anyway... I reckon that it would be a fun hobby/2nd job...

Hi, I am reading the book "Think and Grow Rich in Property" by Stuart Zadel. Each chapeter has a new writer, and and different approch to investing. At the moment I am reading about how to do reno's and sell by Steve Tolle and Charlie Barber (2nd Capter). Went to their website and it has...

What are peoples opinions of Clayton (south)? There are alot of new units/townhouses that I see are being built. Theres some close to the shopping strip, and some close to the station. Is the industrial part a bonus because workers might want to live close by, or a minus because it makes the...

Hi Everyone, I have read the bank websites. And spoken to people at the banks. But still don't see why people use LOC. Can someone please tell m the advantage of LOC over a normal loan? I beileve that you have to pay the credit back, right? And how long do you have to have a loan for...

Hi Guys, I had an idea, and I thought maybe someone could tell me if its a good one or complete crap. I was thinking if you could base an areas potential on what reatail stores are doing? For eg. If bunnings in sunshine is doing better than bunnings in WaterGardens, could that mean...

Hi Guys (man I love this form) :D Anyway.. I have a few questions about the things i'm reading in posts, and some thoughts I've had. - Why is negitive gearing good? My IP is currently putting an extra $50 or so in my pocket each week (not including bills and rates), will this hurt my...