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Hi Somersofters, I wrote a post recently on our recent experience with Airbnb- essentially we purchased our PPOR but couldn't get out of our lease without substantial costs, so opted to put our PPOR on Airbnb in order to avoid paying both mortgage and rent. We have a strata meeting coming...

Has anyone had any experience in renting out their regional property on Airbnb? We are looking to purchase an IP in Ballarat and after much success with our Airbnb listing in Sydney (almost 97% booked out, cash flow positive) we are wondering how this would go in Ballarat! Obviously...

Hi Somersofters, We are looking to purchase our first IP and have found one that we are looking to make an offer on. It needs a bit of a cosmetic reno but has some great potential. Our only other concern is it only has one bathroom and is located in a very family oriented area, and we are...

Hi somersofters! Looking to purchase our first IP which has some great features but needs a Reno. It's a large 3x1 but with rather small bedrooms Wondering if anyone could provide some input on the following costs- trying to determine if it's worth our while to purchase and reno. The...

Hello fellow SS'ers! We are looking to purchase a property in Ballarat in the coming months. Can anyone offer any recommendations on a good solicitor, painter, floor board layer and general handyman? We are purchasing from interstate so any recommendations would be much appreciated !

Hi Somersoft! Apologies if this has been covered before- read through many topics on building a granny flat but couldn't see anything about an existing one.. in Victoria. Have come across a house in regional Vic (to purchase) that has a granny flat out the back- looks to be "legit" with...

Apologies if this has been covered before-please direct me to the right place if it has! I have just sold my PPOR and now looking for another one which i'll hopefully find in the next few weeks! In an ideal world, simultaneous settlement would obviously be the best option. But how does...

Hi everyone, Have my first PPOR open house tomorrow! The apartment is going to auction. What are your thoughts on getting B&P and strata reports done that are provided for potential buyers to look at during inspections? Assuming they are relatively clean, is this a good idea? Thank you!

Hi everyone, My PPOR apartment is one of approx 200 (at a guess) but not one of those hideous high rises, more lots of apartments spread throughout lovely gardens. My apartment will be going on the market in the next few days but just this week I have noticed two more also going up for...

Hi everyone, looking to sell my PPOR soon. It's in a great area with a lot of good features (high ceilings, balcony, LUG, lovely apartment gardens, well built etc). The apartment for the most part is in excellent condition with a couple of exceptions, namely: - My cats like to play with...

I've been told it's 41m2 but based on my calculations (assuming the picture is relatively to scale), i'm not sure how it can possibly be this much.... Real estate puff or does anyone else agree?

Hi everyone, Interested to get your thoughts on my current proposal (if you have seen my other posts, you'll note I seem to flit around from one strategy to another!) My PPOR currently has approx $150k equity in it. I am planning on going travelling next year for about a year and I can't...

Hi everyone! Apologies if this has been covered before- my search skills are horrific! Currently live in my own 2 bed apartment with mortgage and rent out one bedroom (I live in the other). I claim the rent received as income and mortgage etc as a deduction. If I were to sell, would I be...

Hi Everyone, My solicitor has gone home for the day and I don't think I will sleep a wink if I can't get some advice on my conundrum!! I had a 10 day cooling off period which ended today at 5pm. Based on the building report, I decided to pull out of the sale. I alerted my real estate...

Hi Everyone! Your help would be greatly appreciated! I recently put down a .25% deposit on my first IP and undertook the relevant checks (building, strata, pest, conveyancing). The reason I put down the .25% deposit, is basically because I would rather have the property secured, then waste...

Hi Everyone, Hope you can help! I have made an offer on a property which has been accepted and now I am looking to put down a 0.25% deposit, sign the contracts and enter into the cooling off period. The problem is, the agency who I am purchasing from is about 1.5 hours away. Not that...

I love Allure flooring (if you haven't seen it yet, check out http://www.harveynormanflooring.com.au/vinyl_tiles/allure.html) It's easy to lay, water resistant and looks pretty legititmate. The only problem is HN has a monopoly in the Australian market charging upwards of $50m2. Did some...

Hi everyone, I am currently weighing up two IPs in Minto and Ambarvale. Both cost around the same and have similar rental return. They even look the same (I think they are ex HC). Does anyone have any opinions as to whether Minto is better than Ambarvale (or vice versa?) Many thanks...

Has anyone had any experience with floorboards from ebay, namely "Quick Click" http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=130353603012#ht_2798wt_773 They are extraordinarily cheap and claim you can install them yourself? I have installed Allure floorboards myself, and found...

Need to seek this forum's wisdom.. Am about to make an offer on an IP (located in NSW). Have been chatting to the RE agent about it for a few days (won't go into the dodgyness there..) Want to make an offer subject to financing and adequate results from building/strata/pest inspections...