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This tax time will be my first as an ip-owner!! And I'm just wondering ... if my property manager pays for various oddjobs, although they're mentioned on the monthly statement I get from them, I don't actually have an invoice/statement from the person who did that work. Do I need to get copies...

Hi there I've been away for a couple of months and have come back thinking - where am I?!?!!! New forum looks great, but I've got a question ... I used to be able to read a thread, and then read the next thread, and the next, without having to go back to the home page each time. I'm...

Hi there I've got to get a large pine tree removed from the garden of my IP. The property manager got a quote from a tree lopper for $500 which included poisoning, 'bringing down to ground level' and removal of all rubbish. I have no idea about the cost of this sort of thing - does that...

I just got a house-painter (who's painting the outside of my house at the moment) to go and look at my IP which needs re-painting. He came back with tales of gloom that the house had been painted and re-painted, but that the bottom layer at least was lead-based paint. He said that there's...

Anyone going to this? I think it's this weekend ... I know Margaret Lomas is speaking there on Saturday afternoon ... I'm thinking of going anyway! - ella

Yes, it's true. I put in an offer on a house in Lowood, haggled a bit over the price and the vendors signed up this morning!! I'm in shock!! This is a different one to the house I posted about last weekend. I was taken to see another couple in Lowood on Tuesday night ... one of them could...

I looked at a property this morning and it seems pretty good but - a) I'm not sure I've thought of everything, and b) I've really only just started looking for my first IP and it's a bit scarey to find a good possibility the second time I've gone out to look!! OK, it's in Lowood - nice small...

It seems unlikely, but is it possible to claim expenses incurred before I buy my first IP? Like - purchasing books, software, mileage to look at properties? Expenses incurred in getting into this? I won't have a company or trust to set it against or anything - just starting out as a single...

I've done a search and haven't come up with anything, even though the answer is probably here somewhere :) What I want to know is this: When putting in an offer on a property (in Queensland) how much of a deposit do I have to pay? I know there is a 5 day 'cooling-off' period, after which the...

Can someone explain what this is to me? I just don't understand the terminology :) thanks ella

I'm trying to work out my prospective costs/cash flow. Can anyone give me a ballpark figure on Landlords insurance? Say on a 3 bedroom brick house? I looked at the Comminsure site, but I'd need to know the size before I could get an online quote, and as I haven't found one yet, that's a bit...

People have talked about getting a Quantity Surveyor in to assess an IP as soon as you buy it. I've just been reading Margaret Lomas' book 'How to Create Income for Life'. She talks about positive cash flow (I think that's the expression she uses) where you achieve this by only buying property...

Hi there - I'm new to this forum. Anyone have any thoughts about Ipswich (Queensland) for investment property? I haven't done this before and wouldn't be able to buy a very expensive place - but I know that Ipswich prices have probably doubled in the past 2 years ...