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Thanks, will get in touch with my broker this week and see if its affordable.

Here?s the situation I purchased my PPR 8yrs ago in South Morang for $275k. I refinanced a few yrs ago and bought my first IP in Footscray a 1bdr unit for $310k (currently leased $300pw). I now have $190k left on my PPR (now worth $360k) and will be looking to buy a bigger place with my...

Thanks Bill, its in the hands of my solicitor as we speak.....

Paying $434 a Qtr...... Ok just found out that the current BC took over the property about a year ago.... Now the previous chairperson was "lazy". Since 2009 the water usage has been in arrears due to bills going to another address and water usage not getting paid at all....With...

I rang them on Friday but the person in charge of my property was not in the office.. Just lucky to have the SOMERSOFT FORUM to put my problem forward and having the long weekend to go through the replies.. If it wasn't for this Forum and the good people who respond, i think Investors...

BC had gone up an extra $80 a Qtr as of 1/12/10.. Going back throught the minutes there is nothing that really stands out except a dispute with the previous owner oweing $2500 for renovations done last financial yr (paid out at settlement) Paperwork i do have says at 17/3/11 balance sheet...

I know they gave the place a bit of a face lift and the previous owner did owe monies (proffecional planning fees 18/2/10) which was paid out at time of settlement.... Gave the Body Corp a call yesterday but the Manager of the property was not in so waiting for a call next week... Did not...

Hi Guys, perchased my first IP about a month ago and just received a letter from Body Corp re: Water expenses and having insufficient funds to meet financial commitments. Now in a block of 8 they are asking me to pay $1044 for a "water charges and fund shortage levy".......Does that...