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    Road rules at Victorian intersections

    I ride a bike to and from home in Richmond to work in Collingwood every day. For most of the way there is a dedicated bike lane including clearly marked green painted lanes at some intersections. Now I know that a car is able to cross a bike lane for 50 metres provided the driver gives way to...
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    Life, Disability, Income Insurance etc

    Just wondering who here has insurance (not including your Super policy) and which type. Ours (we have all 3 types) is costing $11K a year and I'm thinking about letting it go.
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    When did residential property become commercial property?

    So my $270K offer on a property priced at $285-$295K was rejected today as expected. The agent then says "in this town if a property is renting for $300pw then it's worth $300K". I replied "well then in 12 months when they start building on the land next door I will only be able to rent it...
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    2 Pak Kitchens

    I just finished getting my already 2 pak kitchen cupboards redone (as 2 pak again) in a different white in my PPOR. I got a couple of quotes but was told by both that they could take away the cupboards but would have to hand paint everything else on site and you would be able to tell the...
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    Government Notified Sale - onthehouse.com

    I'm just checking through some streets at onthehouse.com and came across this: 123 Alphabet St, Soup City Government Notified Sale What does this mean?
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    Maitland

    Thinking about East Maitland as an IP but don't know the area too well. I'm time poor and need to "set and forget". I can't do renovating but am open to something rentable now and then reno in 5+ years. I have no idea whether units or houses are a better buy there. Assume it's the old unit...
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    Auction legal question

    If I intend buying a property at auction and my husband and I would both be buying it but he can't attend the auction, can I sign the contract with just my name and/or nominee, or does he have to be there unless I have Power of Attorney?
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    5 days to auction and I'm feeling rather ill

    Oh I know the hardy of you say not to be nervous because it's an investment but I wish it was that easy. Am I emotionally attached? You bet I am! Yes it's an IP but I am in love with it. I can't help it. There is a likeliness we will want to live in this one at some point when we downsize so...
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    Why do people prefer to rent than own just because of money?

    I stand to get flamed here, but I've been searching around google to get a vibe on what Joe blow thinks of property in Melbourne at the moment. I came across one fellow who bought in West Melbourne 8 years ago For $300k and sold last year for $1.2M. He then went on to say property prices were...
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    Another crossing loans question

    I'm in the early stages of probably moving all my banking and mortgages from NAB to Bank of Melbourne. I know it's not wise to have all loans with one bank, but it just works better for me that way due to all my business banking being with the same bank also (yes that's all moving over as well)...
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    Investor to be

    Took the stepson and his school mate out for pizza tonight. After all the school talk was done, stepson asked "what did you do at work today"? I told him I went and looked at a house. He turns to his friend and says "she has more than one house and she rents them to other people". Friend (who is...
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    Understanding a Sales Contract

    Hi all, I just had a quick look over a contract, and within it, it states council rates are $1509 and are in arrears by $1509. Within the same notification (issued by council) it states that the new buyer of the property will be liable to pay these rates, which appear to date back to Oct...
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    Marketing for $100K below value?

    I have my eye on a property going to auction soon, listed for $800K+. it seemed a little on the cheap side to me so I looked at it very carefully on Saturday and saw a few cosmetic problems but nothing major (no inspection done yet). Anyway, I called a RE agent friend of mine at another...
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    How Much Deposit is Required?

    Hi experienced CPI's, I am renting a commercial property at present along with another related business. Between us we're paying $8,500+GST rent a month. The owner lives overseas and I told him that I was intending to move one business out and purchase our own property instead - unless he...
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    Can a tattoo really be tax deductible?

    This is going to sound weird, but I got a tattoo today and it's related 100% to something I do with my job. How to explain better without giving too much info.... um... let's pretend I worked for an advertising company and one of my clients was Nestle and I got a tattoo of a Cherry Ripe or...
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    3 months of uncertainty and no purchase. Any suggestions?

    They say you should buy as soon as you can right? Since buying 2 IPs in March I haven't been able to make any clear decisions on the next step. I tend to favour inner city property but am thinking for diversification to look at regional or outer suburban property. Current bank will allow me...
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    The mess that is my equity

    Having read a few posts here about the problems that can be incurred by accessing equity incorrectly I'm a bit worried and want to ensure my accountant is going to be happy. Here's the background. I have a dual title mortgage. 60% of the title and mortage value is in my name and 40% is in my...
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    Serviced Apartments

    I know they're generally a 'no no' due to the difficulty in re-selling, slower CG etc, but has anyone here invested in one? What's the usual PM rate on them? It's higher than usual right? I found one that's significantly CF+ and it's got me thinking that maybe, just maybe it's worth taking one...
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    Neighbour too CLEAN!!!

    Not a PM problem as such but I thought for fun I'd tell you about my neighbour and provide some light relief from the horror ones I've been reading here about. I don't live 2 doors down from a drug addict, alcoholic, wife-beater or anything like that. I live 2 doors down from a CLEAN FREAK...
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    Ultimate retirement location

    OK so this is 12 years off for me if all goes to plan, but I don't actually know where we're going to retire to and am asking for suggestions. Why now? Because we're going to invest into the area earlier and turn an IP into a PPOR when we're ready to relocate. So the requirements are: 1...
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