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    charging tenant default fees

    Howdy Does anyone charge their tenants default fees for paying the rent late? I ask this in regards to having the loan account debited without the rent payment, which leads to default fees(if you forget to have the account topped up, above and beyond, the amount needed to pay the loan of...
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    crushed rock driveway

    Gday peeps. we are currently subdividing a block in Geelong and we are nearing the stage where we are to replace the existing driveway(bad condition) and extend it to service the rear property. the council permit states: " construct the common property driveway surfaced with an all...
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    Subdivision costs

    Hi ppl We are going to be starting a subdivision on a large block(750sqm) and retaining the original house.(In Victoria, Geelong council area) If anyone has subdivision experience, could you kindly let me know of the average costs to achieve a straight subdivision. (surveyor has quoted...
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    Landlord breaking lease with tenant

    Hi We have purchased a property with a tenant and the have about 8months left on their rental agreement.(4 weeks to settlement) We want break to the lease and compensate the tenant accordingly so we can get in the property for a reno. Has anyone else been in a similar situation and what...
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    thankyou everyone

    Hi everyone. Just finished our first reno and we would like to extend a huge thankyou out to the somersoft community for all your help and support. Big thanks to the regular posters for their continuous free advice which is worth a hellavalot! Thanks to DaleGG, Mike Yardney, Rolf L...
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    construction loans/subdivision loans

    Howdy ppl Looking at property with large block, reno existing house(or demolish and remove), subdivide and build at the rear. When obtaining a construction loan do you start payments at settlement or when the project is finished and revalued? Can you defer payments until project...
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    adding third party to title

    Hi guys I have added this post in legal section as well as I think it overlaps the two;)Hi peeps I have a PPOR in the names of myself and my girlfriend. Can i add a 3rd name to the title? I am asking this as my girlfriends income has changed and is now receiving less. I would like to apply...
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    Capital Gains Tax On PPOR(held for less than 1 year)

    Hi guys Been a while since I have posted. I have finished a reno on our PPOR and due to a few problems with names on title and such we are considering selling. Originally wanted to refinance but I shall be up for a heap of stamp duty due to the fact that the original partner is now wanting...
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    render paints

    hi peeps what is the most affordable and good quality render paint? I shall be using it over brick on the outside of my home. thanks guys. all replies welcome. dags
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    good place to buy doors(exterior/interior)

    Hi peeps I have been looking everywhere for a simple yet affordable timber front door. there seems to be a great deal of variance between companies such as doorsplus/bunnings etc. Anyone found a decent place with good solid door that are good value as well? (i shall be installing it my self)...
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    painting bathroom tiles/basin/bathtub

    Hi I have noticed a lot of people recommending to paint over tiles with white knight products or similar. I shall be attempting this soon and I am aware that Proper surface preparation is needed and a good quality brush etc, but what I am afraid of is the end result actually "looking"...
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    Valuers and Valuations

    Hi peeps what steps should I take to acheive the highest valuation on my newly reno'd PPOR so I can have maximum funds to purchase my first IP? Are there certain valuers that are more sympathetic towards the investor? Our lender is Liberty Financial Melbourne, postcode of 3015. all replies...
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    Pesky Real Estate Angents

    Hi ppl I have found a great house in a great suburb that has reno potential and I can get it for a good price.Hower it is listed a s"forthcoming auction" and the vendor is a lovely old lady who just wants to sell, but shes a bit sick at the moment and is putting of the sale until she fells...
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    Submitting Offers

    Howdy In regards to submitting a formal offer on a property, how excactly should it be worded to give the maximum effect? How forward should it be?(for example giving an ultimatum/ offer expiry date/time) Any seasoned investors out there have a template for an example? thanks dags.
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    buyers advocates

    howdy Im in the melbourne area and looking to purchase my first home. Has anyone got a recommendation for an exceptional buyers advocate in this area? thanks Darren
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    isurance for the home owner

    In regards to insurance for the property owner/investor, what companies are the savvy investors using? Im interested in income protection/house/building insurance etc. Is there a package that incorporates all these needs that suits the investor/home occupier during renos? Or is it...
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    comprehensive insurance protection

    howdy I have been researching different companies in regard to insurance for property investors. Is there an available product that the more experienced investors on this site have found to be a good all rounder that would cover- home and contents, income protection and builders insurance...
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    buying at auction

    howdy, have a query in regards to buying at auction and the deposit that you need to secure the deal. If a 10% deposit is paid to the seller, how is the deposit then arranged with the financier for the principal amount? Do you have to pay 10%? (We are first home buyers by the way, so...
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    Unit VS house renovation

    Howdy Has anyone renovated a unit? Did you get the predicted gains? In relation to renovating a house, has anyone that has done this found that renovating units is a good way to start a portfolio because of the relatively cheaper entry cost? All replies are welcome. thanks
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    Property Lawyers

    Hi Shall be soon purchasing my first house and have been looking around for a good lawyer in the melbourne area that has experience in property matters and the like. Would like some advice on what questions to ask to ensure I am getting someone whom I can trust. thanks Darren
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