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  1. J

    Debt recycle non deductible to deductible

    Hey guys have already spoken to professional sources but looking for some further advice to help fix a problem of mine moving forward, I have 2 investment properties the first one had a redraw account initially where all cash saving was getting parked into for a period of time before...
  2. J

    Profesional painting kitchen/bathroom?

    http://www.aircoataustralia.com.au/gallery.htm Has anybody ever done this? and can give some feedback? Looks to good to be true... I am thinking about a personal reno where my kitchen is almost perfect buts its cream! and wont suit the rest of the house being white when painted, was thinking...
  3. J

    Does this make financial sense?

    Hey somersofters looking for some opinions really... Due to personal circumstances its time to move on, I have one of my IPS in a location where i would love to live curently tenated for 17,000pa, But always planned on buying another property to be my PPOR which would suit my lifestyle in...
  4. J

    WTF? I have never seen an ad like it.

    http://www.realestate.com.au/property-house-vic-sunbury-116853683
  5. J

    property investment books worth reading?

    Hey Somersofters, I really enjoy reading this forum in my spare time, I was wondering if anybody here knows any books I could be reading for property investment, strategies renovations ect, anything really but maybe a book you have read that you thought was quite useful. Thanks.
  6. J

    New tip western suburbs! BORAL!

    http://stopthetip.com.au/ Here is a link to a proposal that Boral want to make the biggest tip in Australia right next to residential areas to be situated across the road from Caroline Springs, I am seriously concerned if this goes ahead for health issues and property prices! Has anyone else...
  7. J

    new investment tool realestate.com thoughts

    I enjoy reading the realestate section from the herald sun every Saturday, and noticed there is a new search tool on www.realestate.com.au that allows investors tools to get more information about hot spots... I clicked houses, any bedroom looking for future capital growth and it gave me...
  8. J

    Income protection thoughts?

    Have spent the last couple of weeks reviewing my IP with CBA which I have had for four years, have cancelled this policy today because I can get a very similar product though TAL for much cheaper.. (compared PDS thoroughly) But my thought has now shifted to not worrying about it because...
  9. J

    Dual oocupancy good/bad idea?

    Hey guys I keep seeing property opportunities advertised with "stca" or people building dual occupancy on their existing property .. which made me think could IP3 be in my own back yard??? My first IP is located in Brookfield Botanica springs Vic, I have a reasonably large side access of 3.5M...
  10. J

    Brighton Vic $$$$

    Hey guys... sorry in advance about my rant... Something a but different but hey... I build elevators for a living, generally in Melbourne CBD sky rise buildings, Huge apartment building... ect Lately almost every street in Brighton I have been basically putting elevators in houses, its like...
  11. J

    racv emergency home assist?

    just wondering if any one has seen all the adds, had a call today about it and was thinking about taking it out, its quite cheap at around $150pa per house and you can receive up to 8 call outs a year for all trades... but if parts are needed to be replaced you must foot the bill... any one...
  12. J

    Loan structure feedback please.

    Hi guys have a scenario I have been running in my head for a little while and would love some feedback... not exact figures but easy numbers. -INVESTMENT PROPERTY 1 300k loan interest only with 300k sitting in offset account -INVESTMENT PROPERTY 2 300k loan interest only with 300k...
  13. J

    What would you do... ?

    Recently purchased a investment property and as one of my conditions are.. "subject to purchasers property manager having access to the property prior settlement for the purpose of inspection and or listing the property to tenancy" The real estate agent is adamant that he is going to rent...
  14. J

    CGT on ip which may become ppor?

    Hey guys/girls... been looking into purchasing an Ip with a possibility of initially renting it out and then later on down the track renovating and moving into it. What I don't quite understand is how CGT works, my understanding is: When I purchase the ip I get a valuation done...
  15. J

    change of property question?

    Hi guys and girls, I have a question in relation to an investment property that I own. So I recently moved address and now need all investment property documents to be sent to my new postal address. However, I am just concerned I have forgotten something. So far I have the following...
  16. J

    Settlement period if purchased at auction?

    Hey probably I really amateur question, but if I buy a property at auction what is the settlement period? Usually it's a clause 30/60 days ect and also how would I organise a property manager to inspect property if I Win at auction during settlement period? as I believe that their are no...
  17. J

    Experience needed.

    Hey guys been looking into purchasing my next ip for a few months now and have missed out on a couple... I have come across the perfect house to suit my needs and I love it's location, it's a morgatee auction, first open inspection Saturday, auction is in 4 weeks. Spoke to the agent already and...
  18. J

    builder/pest inspections melbourne.

    Hi guys/girls... was wondering if anyone knew of any reputable builder/pest inspection businesses in Melbourne that they have used before? and what sort of cost should I be expecting for this service for a standard 20 square home in suburbia. Regards...
  19. J

    Time period that offer stands?

    I understand when making a offer I am able to state in writing that the vendor has 24-48 hours to accept, decline or counter offer. Does this mean business days or am I able to make a written offer on a Friday evening and the vendor be expected to reply by Saturday/ Sunday or will he get until...
  20. J

    first buyers grant question!

    Hello I have a question in relation to the first buyers grant. I understand that as of July 1st the grant will be removed for established homes, the grant will then consist of $10,000 when building. However my query lies on the new grants discounted stamp duty, will this apply to pre existing...
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