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Thanks Terry. I am anticipating a lot of legality issues that can make things complicated. However, when you say dangerous, can you give me some scenarios/examples I should be wary of? Cheers!

Well, I believe this is something like a Joint Venture (unless there is another term for it?) How? Good question. I haven't ask for any legal advice yet so I am not too sure the legal approach and nitty gritty details to it yet. But Let me try to explain in a diff angel. Hopefully this...

Hi all, It's my first time to JV and still learning so I apologies if I am asking obvious questions. I am reading and researching alot in this forum with its wealth of knowledge contributed by all the gurus and experts in investment! Could anyone advise me on this JV strategy I have in...

Thanks everyone for your thoughts and advises. There is so much to learn and I know I'll get there eventually. I will certainly make contact to the Names mentioned earlier. It's a good start for now! Thanks and wishing everyone a peaceful Xmas and a success New Year ahead! Xx

Thanks to everyone for your replies and sound advises. As many of you had the same sentiments, I did a search on OTP and it does put things into perspective why it can be very risky. Why OTP seems appealing, I do a lot of travelling for work and it seems to make logical sense to buy something...

Hi all, It's been awhile since I have come to seek advise from this forum. I am a sole incoming earner with a young family. My husband is self employed but it has not been easy to keep things afloat. So it took us a long long time to save and decide the next step for us. We finally made the...

Hi SS-ers, I have been reading in this forum and property books a dozen times and am still puzzled with the difference and future tax implication between LOC and offset acc. Pl forgive but my brain has just stop working and refuse to comprehend :confused: My situation is I am Currently in...

Yes, he advertised it at $349k but my last offer was $359k which he accepted. I don't want to take the risk as well as I do know there were other offers as well. I won't ask for early entry but will see if he will reduce from $359k Thanks for all your feedback guys... Just waiting for...

Hello Fellow SS, I'm a first home buyer. Would really like to get any word of advice on this. I have put an offer for a house recently and it was accepted. The whole buying process has been a big learning curve for me. The seller is from overseas and all communication is through his...

Hi All..i was wondering if anyone have dealt with reliable and credible building and pest inspector at Northern Gold Coast, could share their contact with me? Cheers!! Have an awesome week!

Thanks Rolf for that. Will give her a call. CHEERS! CG

Hi, I am very new In the whole buying process. I just recently signed a contract for a house. I am now in need of a conveyancer in Gold Coast. I called a few companies for quotes for the usual standard services. Question is, would I need a solicitor as well as a conveyancer? Or will the...

Thanks for clarifying that... There is so much too learn! Thank goodness for forums and advisors at SS. It's a great learning platform! Cheers!

Can anyone confirm if I bought an IP before purchasing first home, would I lose the first home owners grant and the stamp duty exemption ? Thanks in advance.

Thanks for your reply! I just found out through rp data that the LL has more than 15 IPs under his name! From a positive point, he is well into the investment arena and he might actually be willing to let go his IP for other future investment. From a neg point, he will know it too well and...

Thanks for your replies everyone. We have been looking at the recent sales and current market value in our area. It has recently, been picking up. As first home buyers, we aren't certain of a price that we should agree on. Assuming he says yes, we would ask the LL what price he would be...

We plan to ask the landlord directly if he is keen to sell his house we are renting from. My question is should I go through the Ray white, who is managing the house. Or go straight to the landlord? I have his details from a friend who has rp data. I would prefer to go directly. if landlord...

I wish!! :rolleyes: It's in Upper Coomera...it is growing massively esp the past 1 year. There are 2 mcD, hungry jacks, Masters, Aldi and Shell, 3 Carltexes!! BP gas station, 3 private schools and 2 public school all in 2 minutes drive of each other! Hmmmm...don't they make a good mix...

I am in need of some advice with my first PPOR project. We have decided to buy a land and built a duplex, one as a PPOR And the other to sell. Currently, I am eyeing few reasonable priced land to built the duplex on. Being in the Gold Coast, the risk is that the duplex wont sell at the price...