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  1. streetie

    How much would a laundry room be worth Bondi Junction?

    My building's sinking fund is almost empty and we had a strata audit recently to determine our budget for the next 10 years. One of this company's suggestions was to sell one of the 2 common laundries on the ground floor to raise money for the sinking fund, leaving just one common laundry for...
  2. streetie

    Dual property scenario

    Say your planning on creating a dual occupancy property through either a granny flat or splitting a two storey house into 2 units or by building under a queenslander etc.. And for whatever reason it is not legal by the local council to have it as a dual occupancy due to insufficient height on...
  3. streetie

    Anyone worked for Railcorp?

    Im a sparky by trade and usually work in construction, but it's very slow in Sydney at the moment. Today I had an interview with some railcorp maintenance managers to work on the Tangara Fleet at Mortdale doing preventative maintenance and I got the job. It was quite a long and formal...
  4. streetie

    Use savings or redraw?

    HI, Just wondering which is the better option, I have $3000 bill coming up in a special levy for my IP apartment block . I have money to pay for this in my savings account which is offset to this IP. But I am thinking is it better to redraw the money from this loan as I had made...
  5. streetie

    Would you need council permission to do this?

    Take this picture for example, if I wanted to convert the garages into living space. Would I need permission from the council to take off the roller shutters and replace them with glass sliding doors for example and put in kitchen, bathroom etc..?
  6. streetie

    Eloping

    Has anyone on here eloped? It's getting about time I put a ring on my mrs finger soon. I suggested to her once that when we get married it should be just me and her on a beach somewhere and she told me she loved that idea and would like that too. It would also make things a lot easier and...
  7. streetie

    Bondi Junction unit, before & after pics

    Hey everyone, For those of you interested, below is a link to some before & after pics of my first IP which I bought in April 2011. Some facts about it: *Bondi Junction location. *1 Bed 1 bath 1 Car space. *Purchase price :399k *Was tennanted for 7 months at $395pw when purchased...
  8. streetie

    are these accountant fees Reasonable ??

    its quite a simple personal tax return and just one IP and 1 ammendment from the previous year because i had a depreciation report made
  9. streetie

    Whats the average $$$ in a strata sinking fund?

    Whats the average $$$ in a strata sinking fund? i live in a red brick 1950's block of 12 units in sydney. Im reading through the notes for the annual meeting coming up and I notice there is only around $6000 in the sinking fund. that doesnt seem much to me or is it? i know they want to...
  10. streetie

    what do i need to do to turn ppor into IP

    i bought my apartment over a year ago, and I am about to move out shortly. I have renovated it in that time from an original 1960's inside to a fairly modern ,open spaced and comfortable apartment. what things do i need to before moving out? do i need to get a scrapping/depreciation...
  11. streetie

    If I remove dishwasher will that decrease my rent?

    Hi everyone, Basically ive just installed floating floors through my 1 bedroom apartment in Bondi Junction. Im thinking of removing the dishwasher in the kitchen for possible future headaches like flooding and ruining the floors ive just laid, also its one less expense if it breaks down...
  12. streetie

    Vinyl timber planks in IP??

    I did a search on this but everything is atleast 3 years old so will start a new one. Has anyone got experience with vinyl planks in there IP? I was originslly considering floating floor with wood, bamboo or laminate but I'm concerned these will get trashed quite quickly with the moving...
  13. streetie

    House converted into apartments

    I recently found a house in NSW that had been converted into 4 apartments. All with own electrical metres, bins, mail boxes etc.. What are the regulations on these types of places, are they even legal? I know they would require a fire and alarms system, whatelse? Thanks
  14. streetie

    Living in your investment property to avoid CGT while renovating

    If your into the renovating side of things when your buying investment properties. Would living in the property for 3 to 6 months while your renovating prevent you from paying any CGT if you sold within 6 years.? Then Once renovation is finished then you move on to the next buy and start...
  15. streetie

    who is responsible for replacing light globes?

    Hi. Am considering installing downlights in my future IP. But was wondering when I have a tennant in there, and globes go out, and they dont want to change them themself, Do they have thr right to call an electrician/handyman at the landlords expense? If so I will probably just put 1 light...
  16. streetie

    Removing a wall in a strata apartment ?

    Hi, I've recently moved into my apartment I bought and I want to knock down a wall . I've already been in the ceiling and it's not a load bearing wall which is good news. I found out the next door neighbors also knocked that wall out when they renovated. I called strata today to find out the...
  17. streetie

    Will Apple still lead without Steve Jobs?

    Do you think Apple will continue to be the most successful company on the planet without Steve guiding the way? Or do you think this could be the slow demise of this powerhouse?
  18. streetie

    Ideas on how to increase my rent? Bondi Junction.

    Hello all, To give you a quick run down on myself, Im 26 from Sydney and I bought my first property this year in April. The idea originally was for it to be my PPOR, to live in it permanently so I could stop paying rent to people which was paying their mortgages off. Not having friends or...
  19. streetie

    is my accountant ripping me off?

    I am a sparky by trade have been working in karratha in the mines. last financial year i paid $33,253.00 in tax. I bought my first IP in April this yr. so only had a few months to claim it till the 1st of july on my first tax return. All i got back this year was $1497.04. And my...
  20. streetie

    Who went to the national achievers congress in sydney?

    Just wondering who went and what people got out of it? I personally liked Tony Robbins even though before i had seen him I hated his guts as i thought he was just all about positive thinking ********. But he actually had alot of great things to say. I thought Robert Kiyosaki was really...
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