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Hi guys, I've just exchanged on a contract in QLD and the agent sent me this about insurance. "For the insurance, it is a legal requirement in Queensland that the buyer obtains adequate insurance cover by close of business on the next working day from contract date. Not sure how you have...

Hi guys, Its been a while since I last posted. Am a little less green now with a few IP's under my belt. Was after a little help from those who have the experience. I'm currently about to start constucting on a few blocks of land I recently bought in Regional NSW. There are 9...

Hi guys, I've stumbled onto a house in quite good condition. Fibro 3bdr. Its only 5km from a block of land I've just purchased. Want to relocate it onto my block. As I understand - there will be council fees (5k), concrete slab (7.5k), reconnection fees (10+k) and transport fees...

Hi guys, Can someone explain to me the reason why there is such a wide variance between new build prices between states? i.e. Adelaide its very cheap. NSW not so much... My hypothesis is the labour must be cheaper in other states - and perhaps the materials are inferior in quality to...

Hi all, I need to pay a deposit for a recently acquired property. Slightly under $10k Is it possible to pay the Real Estate Agent Trust Account with a credit card in any way? i.e. money order? Bpay? Paypal? etc... Want to preserve cashflow if possible, James

Hi guys, I've been doing some research for a new build in a housing commission area. At first I was thinking steel frame home and either weatherboard or corrugated iron (shed like) to save on costs. The best agent in the area recommends brick for maintenance, revalue and durability...

Hi guys, Just got the report back from an old property I bought this fin year. More than I expected. BUT Some items I thought would have depreciation attached (i.e. paint job) were left out. In everyone's experience, can depn reports vary wildly between companies? If so, do these...

Hi guys, One of my friend's recently bought a property in VIC (at 80% LVR) which was to be cross collateralised with another property bought in Ballarat 4 months earlier (that one was paid in cash.) Although the property was meant to settle on 30/5/12 - it hasn't yet because the bank needs...

Hi everyone, I am trying to build a new house on some land and costing out the prices for everything. When you recieve quotes they are $xyz in return for providing xyz goods/services. Never though are they broken down into time taken for each role. I was wondering how I can...

Hi everyone, This is my most ambitious project to date. But I would like to explore the option of building a house (if the price stacks up) for my PPOR. I would be living there for 6 months and then rent it out - but the sole purpose would basically be to save on stamp duty etc... as in NSW...

Hi everyone, This seems pretty good to me - 96k for 140sqm. http://www.realestate.com.au/property-new+home+design-wa-8005991 Is this with everything included or will they jack the price up to include all the 'extras'? Would it be costly to transport to my area (Sydney) from Perth?

Hi guys, Quick question. What does this sentence mean in relation to a house build: "It includes all the internal walls, but framing only, ready for lining." Does this mean I need something else or not? A bit confusing for a noob :confused:

Has anyone read the recent article about the electrician who has 3.7M equity and 10k cash-flow per week at just 24! It seems quite hard to believe the rents he is getting (and values) and further how he did it so quick. My biggest fear for the investor in the article is the fact that he...

Ok so I have a house in Rockhampton in which 6/44 wooden stumps are rotten and need replacing. They have also sunk and so is causing the house to tilt. They are 80 years old so as expected. I plan to replace these with metal stumps. What are the best metal stumps to use? I think...

Hi everyone, Is it possible to use door/trim paint on walls? Reason I ask is that I've found some really cheap paint and it will be WAY cheaper to use it than wall paint - just not sure if it will be too glossy/shiny. Acrylic Enamel Interior/Exterior Use Gloss Light That's the one...

Is this paint any good? Can't seem to find any reviews on google... Being sold by Taubman's but this seems to be a generic brand. Only $5/L. Paint Solver Master Premium Wall Flat White 20 lt...

Hi guys, I was wondering what the best thing to do with this bathroom is. Located North of Brisbane. It looks quite small and there are 2 toilets - right next to each other. My plan: Rip it all out and start again. New bath tub New shower screen New Toilet New Basin/Vanity...

Hi guys, I have a vague idea about gutters as I was watching the tradies recently re-gutter my place. I even had a go with the hammer and everything! http://www.ebay.com.au/itm/Quad-Gutter-150mm-Colour-/251006185908?pt=AU_Building_Materials&hash=item3a712271b4 This looks quite cheap...

Which is the best range hood in everyone's opinion? In terms of value and durability... Westinghouse Fixed Rangehood WRJ600UW - $88 - seems to be the cheapest but will it do the job? Also - is it easy to DIY install a range hood or are there accessories required as well? Thanks, James

Just spit balling here. Was wondering what the maximum LVR for buying land is (200k worth?) It would be multiple securities for 50kish each in the same area and I would cross collateralise them. I was hoping 90%. Serviceability is not an issue. The other option is buy in the SMSF. I...