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I am on the title and mortgage for my brothers house. This was to assist with affordability at the time. He has now been in a relationship for 12 months and they are talking about his girlfriend moving in and selling her property. I have suggested that she "buy into" my brothers house and...

I would appreciate some ideas and/or feedback on the situation I find myself in at the moment please. I have an IP which has been tenanted for the last 12 months. Tenant always paid on time and we have had no issues. She gave notice to vacate at the beginning of Sept. She was meant to have...

It has been just over 1 year since i went nuts and decided to buy 2 ip's within a month of each other... And set up a smsf in the process for one of these purchases. Both properties have been tenanted consistantly. Both are positive geared. My smsf property according to online vals is still...

I have a contract to sign and bank cheques ready. Loan is formally approved and building and pest inspection came back good. I have rang every agent in town - Approx 12 of them. None of them want to take on a rental in the area I am buying this house. I would like to pose the question...

I thought I would share my story because I would like to try and inspire others and let them know that anything is possible. Don't be afraid to take a chance. My DH and lived in Sydney up until 3.5 years ago. We inally bought a house and stupidly I fixed the rate when it was 9%. Then GFC...

Hi Guys, I have read this forum for years and I don't ask many questions because usually I can read my gut feeling and intuition. I am feeling a bit lost at the moment and would like to ask for some advice and clarity about my next purchase. Situation: I am preapproved for $135,000...

3 months ago I embarked on my first renovation project with my husband. The house is finished and the first tenants are moving in today! I would like to get some feedback from seasoned renovators and investors as to your thoughts on my costings and returns. I have also attached some pics so...

Here is our first before and after photos of the back room almost complete. I will post more photos as the reno is completed but this is the only room so far which is just about finished Before After

I have purchase my first proper IP and it settles in a week. I was hoping I could get some feedback on my reno expenses as to whether they are reasonable for the price I paid and what I could achieve out of the finished reno. Property: 4 decent sized bedrooms all with old style built in...

I would like to run this by some more seasoned investors. I feel I am on the right path for me however am open to other ideas because I am still a novice in a lot of ways. - I have PPOR 90% LVR. Property worth approx. $290-$300k if I were to sell it. Bank val came back at $285,000. Currently...

AIM: Purchase an investment property up to $150,000 in Regional NSW. Rental income approx $180-$190 per week min. Borrow approx 90%. Pay costs upfront. ISSUE: My taxable income is quite high and I have very few deductions. Understand that negative gearing should be a better alternative for...

I have bought a PPOR house and moved into it recently. Since moving in we have found that there are a few issues which although not strikingly urgent do require urgent attention. I am getting a little stressed out because the list keeps growing. I have exhausted the majority of my funds to...

Hi everyone, Well our new home settled last Monday. We have been busy since. House was filthy and spider ridden before we moved in so spent a whole day cleaning. Wasn't happy about that just quietly. As with any property purchase it has its good and bad. Moved in and found out the...

Hi Guys, I am fairly new to this and am after some pointers please. I am settling on my first property at the end of the month. It will be used as our PPOR for a year or 2 and then be rented out after we upgrade to a more suitable PPOR for us. Some things that I need to do to the...

Just thought I would share that after almost 3 torturous weeks waiting for the damn bank to get their act together, I finally have loan approval! I find it strange though that I thought I would be super excited but I am kinda like "yeah ok" but its almost like someone is just saying "its...

I received an email from AMP bank today saying that they have opened me a new account called an Offset account. I haven't received any word that the loan is approved yet. Why would they open this account before loan is approved and set up?

I understand that I should seek legal advice and I will. I have a general question in which I would just like to know if what I am thinking is possible. My husband has a past (if you get my drift). I work full time and am in the throws of buying a PPOR property after selling our PPOR in...

Hi Guys, I am looking at buying my own property because I am sick of paying rent. I am not a first home buyer. I have found a property for $265,000. It is not the kind of property I would want to live in but I would be willing to live in it for a couple of years. It is smaller than I like...

I need some advice or thinking outside of the box. I want to buy an owner occupied property which could be worth from $450 - $550k. At the moment I have approx $38k at my disposal and no current property to leverage off. I was wandering if the following could be possible. Put down the...

I was wandering if there is any lenders out there that do not require previous bank statements etc for loan approval.