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  1. ZOMG

    Settled on 2nd IP in Logan!

    Settled today on http://www.onthehouse.com.au/reports/property_profile/2059300/24_Outlook_Street_WATERFORD_WEST_QLD_4133/ bringing our grand small total of properties to 3. Place needs a small amount of work but thought it was a great deal for $305k ($320k asking)and tenants in place renting...
  2. ZOMG

    Sydney electrician for lights installation- recommendations?

    I'm thinking of replacing my oyster lights with 6-8 LED down lights in my PPOR apartment, can anyone recommend a good licensed electrician? And bonus question how much would it approximately cost? Cheers
  3. ZOMG

    South West Sydney- yay or nay?

    Currently stuck in analysis paralysis. Read through couple of the South West Syd threads- mixed responses. General consensus on the forums seems to be that Sydney overall is near it's peak and to look in other cities. Seems like the NW and West have definitely taken off in the last 1-2 years...
  4. ZOMG

    Debt recycling- have I got it half right yet?

    Been reading up on debt recycling after going through a couple of threads here and this is my understanding applied to my own situation. Feedback more than welcome! Briefly, I currently have a loan for $440k for my PPOR, and arranging finance for IP that costs $263,000. I've received...
  5. ZOMG

    Changing brokers- what happens to loans?

    I'm currently thinking of changing mortgage broker due to language difficulties- having a hard time explaining concepts like debt recycling in a different language amongst other things. However, the current broker has been fairly good to us so I don't want to burn any bridges. The only issue...
  6. ZOMG

    Termite treatment in Brisbane

    I recently exchanged on an IP in Brisbane and while there was no current termite activity or damage, the building and inspection report stated a moderate to high risk of termite damage in the future. I'm going to have the home treated for termites- What's the average price for a termite...
  7. ZOMG

    Gearing up for first IP- need critique/advice

    Been a year since purchasing a PPOR, have been lurking for awhile and reading SS regularly and talking to investors in RL. Have some spare cash now and have a plan in mind, would appreciate some feedback as I'm positive there are some conceptual flaws given I'm relatively new. My career is also...
  8. ZOMG

    Real estate agent annoying tactics (story time)

    The misses and I live in a "secured" (needs security swipe for elevators) apartment complex near Sydney CBD. Last 2 nights we've had presumably the same RE agent knocking on our door around 6-7pm. As it's a "secured" block, I was very surprised the first time I heard the knock and thought it...
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