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Is this a factor? or I don't have to worry about it? I am looking at a property from deceased estate, would it be hard to resell/lease out later? Thanks

I have just leased out my old PPOR (4 year old, now IP) last month and the new new tenant is now complaining the evaporative cooling unit is not cool enough and request it to be serviced. Although I have no problems to organise and pay for the service (the company quoted me $190), I actually...

Not meant to be discrimination, but would you lease your property to a single 8x years old? any concern? Thanks Background, this applicant has very good rental history and has her own investment property which provides her very good return.

This property was listed as 570-620 last week. Went to the inspection on sat and online price changed to 650. Talked to the agent and he said he got 3 written offers from 600-620 and vendor is definitely selling. I really like this home but can't afford anything over 630. Should I just submit my...

I have been talking to a few banks recently and am surprised how low the rates are on offer now...all variables with offset account provided - NAB - 4.78% HSBC - 4.85% ANZ - 4.89% Commonwealth - 4.88% Is anyone paying lower than these?

Is it a poor property if it is just 50m away from a train line? Hard to sell/lease? I am looking at one property and it is very close to a train line but it's price is 15% lower than the market value (due to the train line). So what is your opinion on this? thanks!

Is there an easy way to tell a house has asbestos or not? I am going to inspections and want a quick way to avoid the asbestos houses.... Also, is asbestos as bad as it sounds? Thanks!

I went to the bank to get a pre-approval and she advised me to take LMI as it is tax deductible and I can maximise the Loan amount. So, for $500k property, if I borrow - 95%, LMI is $16000 - 90%, LMI is $8600 is it more beneficial if I take this option? (in terms of tax return/negative...

I am looking to invest $450-$500k and want a 3br + land house. Which suburb would you recommend at the moment? Is it a big negative if the property doesn't have garage? coz most of the old ones only have car ports or driveways... Or, is it too hot to invest at current market? Appreciate any...

My tenant left with 2 months rent in arrear and some rubbish/furniture in the unit. I inspected the unit and found the damage not too severe. (some dirty hand marks on walls, dirty carpet, 2 trashed roller blinds) But today my PM quotes me 3.5k to clean up the house. Is it excessive?? it...

My tenant is 4 weeks late for rent now and my PM has lodged in the VCAT application (mid Nov hearing). This is new to me and I have no idea what is going to happen and what I should do now, am I supposed to wait and doing nothing? I live very close to the IP, should I go there to talk to...

my current tenant always pays 10 to 14 days behind the schedule (usually until my PM chases him), is this a norm for the renters? It is a bit annoying coz i have a separate mortgage account for the IP which uses the rent for the repayment.

I was having this discussion with my wife last night about what we should do in the coming 1 to 2 years time. Brief summary is - - PPOR (410k, mortgage 400k) - 1 IP (330k, mortgage 170k) so around 80%LVR. As we are building up cash at a steady pace, I am thinking to get another IP (an...

My PM just called me saying tenant complaining the unit doesn't have power and they are going to send an electrician to there to fix. I then asked, 'did he connect the power? and did you check the power company?' PM then called the tenant and the answers to both are "NO" god... isn't it...

Hi all, i have finally listed my property and got 2 applicaions. 1. lady, aged 30, single, with a staffy, only has casual job, no rental history, receiving payments from centrelink 2. new migrant to melb, male, has only been here for 1 week, claimed to be a teacher, no job yet. Hope you...

is it important to have a garage attached to rent it out? I am currently looking at some villa units near newport (VIC), some of them don't have garage but have the titled car spot if that makes sense. any advice?

It seems like every single suburb in VIC was growing fast and the CG was well above CPI in the past decade. seems like those crime rate, western subs, etc factors are not really doing anythings... Do you know any suburbs which were doing bad? or, you are predicting it will be doing bad?

I have got quotes from a few people, range from $500 to $1000 for a convenyancer. The one I want to use is around $800... Is this a reasonable amount? The work will be about a residential property transaction. Thanks

Hi all, similar to a recent post, I am going to a few auctions this Sat for my first IP. Have done most of my homeworks but still not sure about the auction process. 1. Do I need to register as a bidder before the auction? 2. I have told the agents that I can only put down 5% deposit and...

I am thinking to get an IP for long term (10yrs+) rental income and some capital appreciation. The properties I have been looking are in Ormond, Carnegie and Altona Meadows. I can only afford anythings less than $350k, and I am not sure which area I should end up getting. Obviously, the...