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I'm looking at purchasing an apartment in the inner west of Sydney. It's a 3 level walk up - but with a lift? Why is that? Most of the small rise apartments in the area don't have them, only the high rise buildings do. At this point, this is the only thing holding be back from making an...

I wasn't sure where to post this. The owners in our strata complex have been approached by a developer interested in purchasing the property to build apartments, maximum of 15 levels. There are OPT developments going up all around us. Some owners have suggested to "sell" to the developer...

How often should a landlord have to make over an apartment when a tenant moves out? I mean, fresh paint, new appliances, new floor coverings, new blinds and make everything spotlessly clean?

Currently looking for a tenant for my 2 bedroom unit. I has been on the market for only 2 weeks, with little response. However the PM said that the last open on Saturday attracted 7-8 people with interest to rent. The PM mentioned that an elderly couple are very interested and their son (who...

Scenario: You borrow and buy an investment property (IP No 1) and after several years pays off the loan in full. Then you borrow again and buy another ( IP No 2). Now if you decide to move into IP No 2 (because it is in a more desirable suburb to live in) and make it your PPOR, can you in any...

I have been offered the following (for 2 individual properties): Management fee 4% plus GST Letting fee 1 week rent + GST Reletting fee (same tenant) 1 week rent + GST *** Letting advertising (on internet) $250 inc. Lease preparation $33 inc. Lease renewal $33 inc. Monthly statement fee...

I'm currently thinking of buying a unit in a meduim sized complex. The building is U shaped. In the middle is a paved courtyard. I noticed the there are sprinklers above the windows on the ground floor, 1st floor and top floor (see attached). This is only in the courtyard area. I have...

Stumbled across a 3 bedroom villa in villa for $385k and rented for $420/wk. I don't know what the market is like there and surrounding areas. What does everyone think?

My old man has his own PPOR and a number of IP's. I have an unit in Bankstown as an IP. He is retired and after tax and living expenses he has an excess $50k per annum. He has approx now $300k in a low yeild term deposit. At the moment my IP is paid off and I have saved $50k. We wish to pool...