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Thanks everyone, appreciate that, the main idea is to build our PPOR but was just checking all options. Like the granny flat idea Westminster!

Hi everyone Got a 880m2 block with R15 coding. My interpretation of resi planning codes is that we can build a single dwelling or grouped dwelling. However the minimum site area for grouped dwelling is 580m2 so therefore even with a 10% reduction in minimum site area, we can't fit two dwellings...

I'm pretty new to property investing and I subscribed to Pricefinder on a monthly basis to buy my last two properties. I found it REALLY helpful to suss out what a property is worth, previous sales and how much a current owner might be able to bargin as you can see what they bought the property...

Hi Guys Must mention Busselton here as compared to Bunbury / Dalyellup the market in Busselton is looking better with yields increasing (still not great but getting better), shortage of land and rentals, FIFO increasing from airport, RIOTINTO opening an office in town.. Might be worth a look...

Great thread Blacky...pretty inspiring for the newbies like me out there! Sounds like the hardest work is all behind the scenes before any building. Had to ask though, did you ever write a blog about training for a triathlon...it was a guy who's ncikname was Blacky.. goodluck for the build...

Hi Aaron Thanks for that, yes, I could siphon off IP's to pay out 100k but I was hoping to do that next year use as deposits for next 2 purchases..... I suppose if we pay it out could go and probably go an apply for another loan to use for deposits as overall debt will be lower.

Hi everyone Have a query about selling our PPOR which has two loans secured against it. PPOR will sell for 600k. There are two loans secured on the property, one for 350k and one for 100k. The money drawn on the 100k was used purely for purchasing investment properties and repayments are...

Hi Guys I'd be keen to be in the group if there's any spots left...

Thanks guys, 99 / 1 was for tax implications while it's a rental (the 1 because it's easier if I am on mortgage etc so can operate and make enquiries on bank accounts, rates, property management etc no probs...otherwise each requires operating authority). Just found out costs are around the...

Hi everyone If we purchase an investment property as tennants in common with a split of 99% -1% (99% husband income earner, 1% me no income) and then say in 6months, move into it and it becomes our PPOR, can we change the title to joint tennants without having to pay stamp duty? Have asked...

I've been thinking about this too... A few years down the track for us but so far have figured out that we will need to separate deductable investment debt from non deductable debt via an offset account. Then stash extra $ and savings into offset to be used as deposit and costs for new PPOR...

Hi Sammyk I'm relatively new to investing too...couple of IP's, 2 years down path to long term goal. The reason I feel compelled to answer your post is that basically I have come to realise the finance side of property investing is a MAJOR part of being a property investor. Since deciding to...

MsAli The first thing I would do is have a frank discussion (not about leaving) but about future opportunities, workload, renumeration possibly in your performance review if coming up or just as soon as opportunity is available with most amenable manager. Sounds like you have already had a...

Good work Ausprop, know the site...nice spot! The Port Geo, Geographe Bay Rd end of Busselton could possibly be much worse off..there are blocks that have been sitting vacant, already subdivided on the beach front 2+ years (and they've got sewer). Building hasn't really started again around...

I went to this seminar too. I must admit it was more frustrating for me as the promises of big $$ from showing stories of successful people was missing the details of how they got there and what type of properties, what locations. I get the feeling that if the detail was shown then results might...

We down shifted 18months ago. Moved house and states, I resigned from public service (which everyone said I was crazy due to 6 figures and public service super). Hubby still works in same profession but we live in a much smaller community, 300m from the beach, better weather, lifestyle, TIME to...

In WA most people answer a question with .....'Yeah...nah' WHAT does that mean! Hilarious thread....my pet peave is family telling you property is doomed forever and then they whinge when you're getting ahead (on paper) and they are still suck drawing equity out to go overseas, buy V8...

My friend just bought a property and the settlement was end of July. On the first day they moved in while she was having a shower, they found the recently renovated shower (not sure exactly when) was not just leaking but almost like pouring water from second floor to the ground floor. This...

Hi there Are there any forum members out there who live in the South West of WA and are interested in catching up informally for coffee / chat about all things property??? Would be keen to share ideas, motivation etc with like minded people. Probably a bit dodgy posting on a forum but...