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    Bought IP, found stuff..

    :D We just settled on a little unit on Monday. It was a deceased estate and the public trustee went to great lengths to ensure we understood that the property was sold "AS IS". On Tuesday the air con guys where up in the roof and found about 8 old suitcases and dragged them down for me...
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    Paving - and Im clueless

    To be fair, Im clueless about many things. We're in the process of buying a 1br villa with a nice little 45sqm back yard (currently grass). We don't want the hassle of maintenance so want to pave the lot. Thats about the extent of my decision making so far. I just have no experience so I...
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    Pay deposit using redraw

    Hi Guys My mum is buying her first IP. Yay! She wants to use redraw from her PPOR to pay the deposit ($5k) and then put the $5k back on her PPOR once the loan for the IP comes through. My concern is whether or not that will affect the tax deductibility of the interest payments on the...
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    Public Trustee - taking long time to sign contract

    Hello SSers Last Monday we signed an offer where the Public Trustee of Qld is the vendor. The agent came back to us on Thursday and advised that the beneficiaries of the estate had instructed the PT to accept our offer and sign the contract. The agent said she would express post the...
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    Lessor's name not appearing on lease

    Hi SSers My mum is thinking about buying a unit as an IP for my somewhat intellectually impaired sister to rent from her. However, mum DOES NOT want my sister to know that she is the land lord. This would mean that we'd have to not have her name on any lease. We had originally thought...
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    I'm not a turtle!

    Last night I took my mum to see David Strassman's show "Ted E's farewell tour". Absolutely hilarious. If you haven't yet been to a Strassman show I would really encourage you to go along. http://www.chuckwood.com/ for info
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    Rockhampton PM - Need Recommendation

    Looking for a recommendation for a PM in Rockhampton. The property is currently with B&P realty. Any one had any dealings with them??
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    Offer Accepted!!

    *screams in girly delight* Just took a call from the REA saying the vendor had accepted my offer and would be attending the agent's office tomorrow morning to sign the contract. Im so excited! Not only is this my first IP purchase, but my first purchase full stop! I wanted to say thank...
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