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  1. K

    unit closer to city or house further away ?

    Location: Melbourne East / Outer East Budget: $500 to $550K Will be investment for next 3 years and then make it our primary home. What I am not sure is that if its worth 1. getting a house with some land in Bayswater/Croydon/Moorolbark area 2. a 3bed townhouse closer to city say near...
  2. K

    Accountant in Canberra

    Can anyone recommend a good accountant in Canberra area ? TiA
  3. K

    Canberra buses

    Hello all Finally moving to Canberra on 10th July.. Can anyone recommend a suburb suitable for taking a bus ride to Barton ? I am leaning towards Woden valley as the bus ride is not more than 20-25 mins to barton ( kings & national circuit ). Dont want to rides more than 30 mins :) Would...
  4. K

    Moving from Melb to Canberra

    we are thinking of moving to canberra from melbourne...looking for a smaller city to raise our child...plus i think the commute to CBD for work is bearable in canberra plus i can make atleast $25K more per year (not contract - regular fulltime) in my current job. atm, I am 1+ hour from...
  5. K

    Debt collector question ?

    I had called a tradie to install the aircon. But later after 4 days I called to cancel as my PM could not get hold of the tenant to arrange day + time to install . Eventually tenant calls back saying they r moving out ( the lease was up for renewal). funny coz they agreed on increased...
  6. K

    earning extra $

    Has anyone thought about starting a commercial cleaning business ? Independent or franchise ? I have been researching ways to increase income…in theory I like this because a. Low entry cost…if a franchise its from 5k to 15K startup cost + insurance + legals ..some franchises provide clients...
  7. K

    acquire next prop faster

    current scenario. pretty stable job in a stable industry. 1 income household. wife stay @ home mom with baby. can now save between $2500 to $3000 per month ( completely paid down all bad debts, credit card,car etc., so redirecting same funds into offset now). buffer atm is $20K (more overseas -...
  8. K

    Trust or Don't Trust

    Hello All, We are in the process of acquiring IP 2 we intend to buy few more in the next 5-6 years… I was wondering is this the right time to think about trusts ? or keep buying in my own name…which was the default plan .. until I went to a seminar which hammered ‘asset protection’ , and...
  9. K

    Working for the UN ?

    Working for the UN ? Does anyone here work for the UN or knows anyone who does ? I was keen to explore the possibility of a non-field position (in analysis or IT related)...has some perks a. do something meaningful b. travel c. tax free USD$ i am sure there could be some...
  10. K

    information resource

    got this link from Metropole, educational resources link. i have not gone thru the material ..thought it could be useful to some http://freegifthamper.com.au/here-are-your-bonuses/
  11. K

    Tim Ferris

    What are your opinions on the 4 hour work week philosophy ? finding a muse, travel and buy your life back...too good to be true :confused: http://www.fourhourworkweek.com/blog/
  12. K

    IP is now cashflow positive :)

    My first IP is now slightly positive - not substantial income yet..but that will come in coming years. Increase in rent and low interest has helped... I am assuming that + cashflow would assist when i apply for loan for second IP ..or would it ?
  13. K

    tenant too good ?

    Interesting scenario...have a tenant in my property who have been staying for over a year without any issues related to paying on time etc. they have kept the house in immaculate condition, but we(myself and prop manager) have noticed during our inspections that they have replaced the...
  14. K

    Why is Point cook so expensive ?

    Why is Point cook so expensive ? Just curiously browsing the available properties(a lot avl) and prices just blew me away ! Maybe, I am missing something here :confused:
  15. K

    Settled on my first IP :)

    v excited..Settled my first IP. It was a interesting process.. experience of going thru acquiring the IP was so much different than what most books(i read) talk about... Some of the biggest learnings was .. a) that I should have allocated another week to settle and think twice b4...
  16. K

    Cost of lodging PAYG W variation ?

    How much does this usually cost if you have an accountant do it for you ? One of the accountants i emailed says $250 and slightly less if i fill up the form and all details myself. TIA K
  17. K

    Pre-purchase inspection

    I have put an offer on a house our first IP ( approx 50 year old, WB house ) and also got a building inspection done which as come up mostly average and it suggests a) that there are some old wiring and the home has no safety switch. ( Would you know ho much would this cost ? ) b) there...
  18. K

    Ballarat and surrounds

    Hello Am currently researching Ballarat and surrounds Need some opinions on following Ballarat suburbs in terms of CG & Yield. Ballarat East Wendouree Lake Gardens Also do you have any referrals for a BA in the region ? Thanks in advance. K
  19. K

    Property Valuer $

    Hello People Does anyone know how much a Certified Residential Property Valuer can make ?
  20. K

    When can too much 'good' debt be bad ?

    Hello All, I am reading a book by Anita Bell on Prop Investing. She seems to propogate the idea of paying off PPOR and IP1 before taking on IP2...although I am still yet to figure out how she paid off her PPOR and IP1 in less than 3 yrs.. As i am new to this and have seen that most people...
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