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G'day, Hopefully an easy one to answer - I couldn't get much specific from searching here. I am thinking of putting an offer on a tenanted property. I asked the agent if I could see the entry condition report to understand the condition the tenants would leave the property in when their...

I am not an accountant, but have recently read that the split is on a time basis, but also to keep all receipts for any work done. I am in a similar position - IP owned since 2004, depreciation schedule in place, and I am about to spend probably 50-60% of the property's value on a renovation...

Woodridge can be considered a high profile suburb, as it is typically on the news most evenings. Robberies, arsons, assaults, car races, etc. Locally in Brisbane, it has a very bad reputation, so if you're keen to buy an IP there, you would want to have good insurance, a good PM, tolerance...

My "Water Wise" certificate was done by a plumber and ticks all of the boxes in terms of toilets, taps etc being water efficient, so I think that should do it? MK

G'day Wylie, I recently included the payment for water usage in a new lease for the tennants in one of my properties instead of upping the rent. I still pay the fixed water access fee, but they will pay the usage. As the end of the lease and the water bill period did not coincide, I will...

G'day, Today Brisbane City Council has released information on "Overland Flow" - overground flooding of properties in the "1 in 50 years flood event". BCC say their data is not accurate but it is essentially flagging properties so that DA will not be approved without a hydraulic engineer...

Hi, I have an IP in the Brisbane City Council (BCC) area with a council stormwater manhole right in the middle of the property and underneath the existing dwelling - built in the late 50's. From what I read, the current BCC regulations say I need a 2m radius and 2.5m height clearance...

Hi, As a strong believer in the philosophy of "the only stupid question is an unasked one", here goes... Is it possible to buy land only, strike an agreement for someone else to build on it with rights for a fixed period (eg: 20 years) at which point the land (improved or otherwise) is...

So annoying! 2 houses I was interested in this week on various websites including the agent's own - both with the same agent. Rang the agent re 1 - get told that it was already sold, drove past another one, "sold" sign on the house. It takes almost no effort to update the database with to...

G'day, I've got an IP built in 1952 with Brisbane City Council stormwater pipes dating back to 1947 in the area. I am hoping to carry out some renovations. I have just discovered a stormwater / roofwater pipe running from my back neighbour's house through the middle of my property. This...

I did this a few years ago and it worked out quite well. A couple of suggestions from my experience would be: - Make / agree to clearly stated terms in writing up from prior to locking in the deal or the sale. - Do the "entry" condition report in conjunction with the final inspection of the...

G'day, Say the current tennants leave when you put the rent up by $50. If you factor in the agent's "letting fee" and a minimum of 1 week's rent for tennant changeover, you're going to be down $650, which you will make up in 3 months if you get the full $50 a week increase. If you are...