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Has anyone heard of a group called in2property? My sister in law is looking at buying an apartment as an investment property and has a friend who has had a good experience. I haven't been able to find much info on the net other than the company web page but I am always a bit wary of groups like...

Hi, We are close to confirming a real estate agent to sell our house. We just need to sign the REIV Exclusive Sale Authority to put the wheels in motion. After researching some of the fine print conditions, it is clear that the document is for the protection of agents rather than vendors. It...

Hi, We are looking at putting our PPOR on the market in the next few weeks. We are firmly against selling by auction (too many properties are passing in at the moment and we don’t need the auction day pressure to lower our reserve). We have spoken to a couple of leading agents in our area...

Hi, We have recently had a valuation done on a property we are considering purchasing. We are dealing directly with the vendor and have made an offer based on the valuation. In response to our offer the vendor has asked about the valuation. Our mortgage broker has advised that we are not...

Hi, Our current PPOR is valued at roughly $450k. We have about $180k owing on the mortgage with $80k in the offset account. We are looking to upgrade and purchase a property worth $700k. We plan to use $70k from the offset (i.e. 10%) as a deposit on the property. Once we have purchased the...

Hi, We were recently outbid at an auction for a townhouse. After the auction we were approached by an owner who had another townhouse in a different area of the same suburb. After inspecting the house we agreed with the owner’s comments about it being much nicer, needing no work etc. The...

Hi, We are looking at turning our PPOR into an IP and buying elsewhere. We have recently renovated the kitchen and are about to install new blinds as well as painting the rest of the house. Will we be able to claim depreciation on the renovation costs etc. or can you only claim on...

Hi. This isn't really related to property but I am hoping someone can help. If a tax deduction is stated to an accountant (eg. home office expenses, work related travel etc.) but he doesn't enter it on to the tax return is there anything that can be done to include it after lodgement. We...

I currently have a PPOR in Bundoora. My fiance and I have recently been considering a move to somewhere closer to the city as we both work in the CBD and spend a fair bit of time commuting. The kitchen in our house is very big but the space isn't used well and while liveable, it is fairly run...

I was was just having a glance at Melb CBD apartments and I noticed that this one sold for $350k http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2007258052 Two bedrooms, two bathrooms, BIRs, terrace and a good location. I haven't done much research on CDB apartments yet but this...

Hi, A new property development (University Hill. www.universityhill.com.au if anyone is interested) )is going to be opened next year at the end of my street (approx 1.5km away). This is going to contain a new discount brand superstore (similar to DFO) as well as many other retail outlets. New...

Hi, I am currently looking at purchasing my first home and after looking through many properties I have have found one that I really like. The agent has told me that there is a current offer of $260k that the vendor has rejected. The vendor would like $270k. I have several questions: *...

A few weeks ago I attended an auction where the property was passed in. There were no opening bids so the auctioneer suggested a value of $220,000 (the value listed in the local paper). There were no bids at all so the property was passed in. Now on the website the property is listed at...

I have been reading through the threads on this board regarding pest inspections and the general concensus is that you would be crazy to buy property without them. In Victoria there is a very high proportion of auctions so it would cost too much to have an inspection for every house that you are...

Hi. I am looking at purchasing a property at an auction in the next few weeks. It is a three bedroom weatherboard in the Melbourne northern suburbs close to transort and schools, shops etc. The house requires re-blocking, painting inside and out, replacement of the front window and other...

Hi, If a house is going up for auction is it possible to have pest inspections, valuations etc. prior to the auction? I know that when a house is bought at a private sale the conditions in the contract can be modified to include inspections. Is there any way of protecting yourself against...

Hi, As a new investor I may not be able to afford IPs in metropolitan areas so I have been considering areas that are not far from Melbourne (i.e < 1hour). Has anyone got any IP experience or opinions on Melton? I haven't investigated the area in detail yet but based on my basic calculations...

Hi, What is the URL for the ninemsn forum. I have logged on to the site but cannot find the forum anywher. Thanks.

Hi, If I was planning to buy a property using the FHOG, how long would I have to live in it before I could rent it out? One possible strategy I have been thinking about is: * buy a property with the potential for capital gain (I like Steve Navra's formula of buying below the "rental...

Hi. Is it unwise to be looking at my first investment property purchase in the next six months with the negative 'bust' predictions? As I understand it, if I intend to hang on to the first property for the long term it shouldn't matter if prices fall in the next few years because over the long...