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    First Time PM

    I am taking over as PM of one of my IP's. Can someone please advise me if I need to provide the tenant with my address details, or is it sufficient for them to have my telephone details and for me to arrange to pick up any paperwork that they need to send to me? Regards Andrew
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    Finding Tenants

    I am considering managing my own property. I have a rather basic quesiton for those out there who manage there own properties. How do you find tenants? Where do you advertise? Do realestate agents offer a service where they will find the tenant for you for the usual fee, or will they only...
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    Issues when turning PPOR into IP

    Thanks for your replies. That has made htings a lot clearer. Now off to bed with some "good" reading material (ie TR 97/23 ATO).....Should be able to get to sleep very quickly. AndrewS
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    Issues when turning PPOR into IP

    If I move out of my ppor and turn it into a rental property, can I claim the usual repair items as expenses as with normal IP's? What about items such as replacing carpets (which I would have thought would be a depreciable item)? What restrictions would I have if I return to live in this...
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    Family Trust

    Thanks for the replies. Accountant has set my mind at ease. Money deposited into trust is deemed a loan and withdrawing a repayment. AndrewS
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    Final Inspection for carport?

    Thanks for the feedback. Most appreciated. AndrewS
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    Final Inspection for carport?

    I have had a carport built that is attached to the house three years ago. I have a copy of the building permit. I am now selling the house and my conveyancer tells me I need a copy of the final inspection. I contacted the builder, who now tells me they only do a final inspection when one...
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    Family Trust

    I was wondering if someone could help me understand family trusts. If I had say $50k in a personal bank account, and transferred this money into a family trust that I had previously set up, can I at a later stage get some of this money back, say $25k without any problems in respect to my...
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    Heating in IP

    Many thanks for everyones helpful advice. After careful consideration, I will stick with replacing the heating with 'portable' space heaters, easy to take for another property as required if I should demolish existing property. I was extremely interested in the concept of approaching the...
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    Heating in IP

    As winter is approaching, it has come to my attention that the gas space heater in my IP is in need of either repair or replacement. I am wondering what the best solution to the heating needs might be. I have had a tentative price on a replacment gas space heater of ~$2k. A gas wall furnace...
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    Refinancing Questions

    Yes they are the types of products that I am thinking of. You all have certainly encouraged me to not X-coll. I will take your advice on that. And yes, I think I have a very lazy salesperson trying to flog their product to me. He will not last long. But at least he got me thinking. Andrew
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    Refinancing Questions

    Many thanks for the replies so far. Am I right to assume from what each of you have said, that it is still possible to have a 'portfolio' style loan and not cross collateralise? Regards Andrew
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    Refinancing Questions

    I am considering refinancing my Investment Loans, and would appreciate opinions as to a couple of issues. Currently I have three loans. Bank A is a home equity facility (on PPOR) with money from this used as a deposit on two IP's. Bank B is a seperate loan for IP 1 I/O Bank C is a...
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    Tiling - Uneven Surface

    Thanks a lot for the information. I shall look further into it. Regards AndrewS
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    Tiling - Uneven Surface

    I am looking at tiling over a concrete floor which is uneven. What techniques do people know of for achieving a level surface? I can appreciate laying sheet flooring, but how do you ensure a level base? I would appreciate your feedback. Regards AndrewS
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    Building Fault

    Thanks for both the replies. I shall indeed apply what you both said. Regards AndrewS
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    Building Fault

    I have detected some cracking in brickwork of a newly built IP I bought 1 year ago. Also some evidence of damp brickwork. As this is under builders gaurantee (HIA), who do I contact? The original builder, (to have him potentially deny liability) or someone else? Regards AndrewS
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    Garden Maintenance

    Thanks everyone for all your replies. I bought my unit new and it had a bsaic garden. Not very flash, with no weed matting. Hence, weeds are having a lovely competition with the plants. Weeds 1 - Plants 0. I think I will have to just accept the outcome when the tenants leave, and fix the...
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    Garden Maintenance

    I agree with your concern. As stated previously however, it doesnt expend any water to pull out weeds. Probably garden beds are overated. AndrewS
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    Garden Maintenance

    My biggest point of annoyance was with the tenants not pulling out weeds. Its obviouslym uch easier pulling them out when they are small, but much harder when they are established better than the plants. I am understanding and accept the limits due to water restrictions, but I would have...
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