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Vote for Rolf Latham here also, majority of our dealings have been through email and phone, as with most of property investing matters not essential to have local contacts and he is an excellent broker.

Well said Tim. As far as feeling like life isn't meeting your expectations along the way i suppose its a matter of enjoying the journey and doing everything in life with balance.

I will be able to make it, count three in :)

Two here if not too late to add numbers. A newbie here but been reading the forums for a while, would love to meet some more ss's

Are you finding your properties as soon as they are listed ? Had a quick look on real estate.com and seems to be just duplex around the 350 k price point.

I have used hi pages a few times. Also get one of my own independent quotes to compare job and price. Have only had good experience with site so far. And on separate jobs have chosen the trade from hi pages quotes. As far as the three quotes goes, if you would like more quotes you can ask...

Great list have taken a note of that. Any other tips for looking for an investment unit for a newbie ? What is considered a reasonable $ for bc fees weekly ? Have you found anywhere to buy as yet adam ?

This sounds fine in theory if tenant is long term. If tenant not long term may need to have yearly inspections. I only have one ip and choose to do the yearly check as property is interstate, not possible to do myself, and one less thing to worry about.

On the dishwasher note; is a dishwasher expected in an investment property ? Would the absence of one deter a tenant ? Asking as decididing wether property we have could benefit from having one put in but currently doesn't have.

I second trying freecycle, great way to reuse and recycle items.

Accountant on Gold Coast ? I would love to hear of any recommendations of good tax accountant experienced with property on the Gold Coast. Our current accountant can't give any solid answers so i think is def time to find someone. Any feedback appreciated here or pm.

Reading this post certainly makes trusts seem financially beneficial. Is there any negatives to holding property in a trust rather than own name ?

Great read thanks for sharing. He is living within his means thats for sure :) I suppose it is also about perspective, the article reads that he grew up in poverty. "He had grown up in "abject poverty" - the son of a religious minister who was paid a pittance." So maybe he views his...

Yes you are right Rolf if I get this wrong big implications. Will talk to our accountant about this also. Thinking out loud wether it is possible to do a new loan for current ppor to get around the tax issue so that the maximum could be taken advantage of, but then I suppose the current...

Ok, I feel like I really should know these figures off top of my head as been thinking about and reading a lot on these forums trying to learn :cool: Although I don't, so have found loan documents which give me the following info. Loan 1 originally taken out in 2006 $290,000 amount and...

Even though it is a separate loan and secured against a different property ? I will find out exactly the lvr we went to on loan 1.

Thanks for replies everyone, Q1 - Yes lmi has been paid on original loan lvr was around 90% but in partners name only so will have to check to the exact percentile what it was. Q2 - currently have $80,000 saved and can borrow another $10,000 from family if needed, would only do the...

I am looking for a new ppor and hopefully will find somewhere in the next few months. I just want to make sure my thoughts on loan set up is correct or see what i might be over looking. Currently have - Loan 1 $267,000 Interest only currently ppor planning on making rental once we move...

I didnt think they were born with it :rolleyes: When I have registered them with centrelink for Ccb wasn't sure if that crossed paths with tax office or appropriate office, but I will apply for one, to be able to open them bank accounts.

Thanks for all the info here, I am looking at filling in one of the bankwest application forms for the bonus saver children accounts. One of the questions is provide child's tax file number, do children already have this or do I need to apply for it?