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    Can I Still Increase Rent?

    So if I'm reading this correctly: You mentioned to the tenant that there would be a rental increase, but not to the management company? Why are you talking to the tenant? And if so how is it the management companies fault? Surely you would send the management company the required rent...
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    Victorian first home owners grant to be cut

    I thought this was a great initiative when I caught it on the news last night. However upon reading the details this morning now think it is a hollow offer. Benefits are primarily there for first home buyers who build, which limits them to the outer suburbs. The further reduction in...
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    Thoughts on this villa In leithbridge park?

    Is the purchase price full turnkey (ie. landscaping, etc.)? If not there may be more costs there.
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    Woodridge/Logan Central or Mt Druitt/St Marys???

    Hi fellow Somersofters, We are hoping to get some general advice or feedback from all of you more experienced property professionals out there :) Currently I am looking at options for our next IP - we currently have 2 but the main premise for the third is that it needs to be cashflow...
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    All signs point to a house price hike

    I'm sick and tired of whinging Gen-Y ers. Our first house wasn't purchased in the inner city. It was out in the suburbs. And we didn't purchase it until we were almost 30. And it took over 12 months to find one. And we went to heaps of auctions for houses that sold for well over what we...
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    cars for a family with 3 kids

    Why would you pay a premium for what is essentially a Mitsubishi??
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    cars for a family with 3 kids

    Hahaha. That's the funniest thing I've ever heard!!! If 4WD's break up the roads, just imaging what trucks and buses must do :eek::eek::eek: It's amazing that we have any roads left to be honest...!!!
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    Terrible property manager?

    I was a bit bewildered when I read this. Firstly, shouldn't the responsibility with increasing the rent lie with you? Surely it's your property, and you tell your PM what you want done at each anniversary or re-signing? Secondly, why wouldn't you have a conversation with the original...
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    SMSF and Property in it - Benefits

    Is it possible to sell a residential IP to your self managed super fund? For example could I set up a SMSF, and then get it to buy one of my IP's from me (and then leave it in the SMSF for the long term)? The profits of the sale could then be used to pay down other personal debt such as a...
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    cars for a family with 3 kids

    Friends just bought a 7 seat Kluger (new) for less than $40k, or a 7 sear Mazda CX-9 for around $42k would be 2 of the better options imo.
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    Changed owner in a year, should I be concerned?

    Maybe it was something as simple as Mr B Smith purchased it as an investment, whereby he either couldn't get good tenants and/or the costs to hold were higher than expected?
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    Can I Capitalise Interest on a PPOR build?

    Hey Rolf, I've just spoken to the ANZ who advise that they won't do this unless it is a business loan (which they also cannot do). Have you had any issues with them with regards to this?
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    Can I Capitalise Interest on a PPOR build?

    Thanks Rolf - appreciate the response.
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    Can I Capitalise Interest on a PPOR build?

    Scenario is: We have about $400k equity in our current PPOR and are contemplating buying a block of land to build a new PPOR on. We will sell our current property but I don't want (can't really afford) to fork out interest payments on the $500k block during the sale and build process...
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    Do you drink alcohol ?

    I do enjoy a drink. Beer and wine. But I'm certainly not an alcoholic. I mean, alcoholics go to meetings. I go to parties:D
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    Interesting Sale Technique

    You can but the body corporate fees are $2k per month.
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    Is this REA for real???

    Is it just me, or are the photos of the 2nd and 3rd bedrooms (presumed) simply the same photo with different bed and picture on the wall photoshopped in???
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    Buying a 5-10 year old apartment

    Kids of today are pretty advanced Dave. My 8 year old knows more about everything than I do.
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    Ride On Mowers

    Some sheep?
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    Strangest "doodads" story you have heared

    Strangely enough I think that this thread has deviated from it's original course somewhat... My vice is also Hifi - I have a Rotel amp and JBL speakers in one room and a Yamaha amp and B&W speakers in another. But the best part is I purchased a couple of Apple Airport Expresses and an Apple...
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