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I'm a mum, and it's great. My eldest child is 7. She is headstrong and determined. She is the kind of girl that makes me cringe sometimes because, ouch, she is so like me. At other times, it makes my heart swell with pride because, well, she is so how I would like to be. Today, on the way...

G'day. We have an IP in Shepparton. Lately we have been amazed at how quickly it is to rent out, renters in one day and the next day in, we were a bit more picky and had a 1.5 week vacancy between tenants. Also amazed by how much rent we are able to get for our property. Seems like they are...

Just popping in. We haven't done much investing for quite some time. But, my DH was cleaning out the garage the other day and found a copy of "Building wealth Story by Story" by Jan Somers. It's kind of interesting. I was connected to this forum via a different forum member, who I don't know...

Yep, after doing so much for our IP and tenants we are finally doing something for our own place. It feels good. However it is much harder when we are living here. That would be my DH, Myself, my 6 year old daughter and 4 year old son with one on the way. Anyway, we own (scratch that) the...

Alright, I'm getting down with some maths. Love math. It's decisive and helps make decisions. It's right or it's wrong. Yep- Love it. I've recently spotted a house that might be a great buy. Here are the sums; feel free to add anything I've missed due to pregie brain or anything that you...

G'day there, Well I'm back perusing Somersoft and gathering my ideas and thoughts on doing things the best way we can. After the last load of renovations, on one of our IP's after a tenant did a whole heap of damage we decided that we would do something for ourselves (kind of) this year...

Ok, as above I'm pretty much a novice. I have a couple of properties, one that has given more than my fair share of grief recently. But that is what I have insurance for - right :confused: Well you would hope. But my policy is due, and to be honest I'm not 100% happy with AAMI. The cost of...

:confused::o Alright, I've brought a few properties in my time with DH, well 4 but I am 32 and DH 34 :o. I am still quite green at investing in property. I keep reading threads and have found the following terms and not sure what they mean; Yield- how on earth do people calculate it? For...

I've got my first VCAT hearing tomorrow to attend. Massive amounts of damage to the property (around 10K). Insurer- you need to get a police report- police say it's a civil matter and will not take statements- REA say that they did all their checks- Neighbors were going to make a statement...

In Vic, (my understanding) where bonds are given, and people are expected to repay them if at the end of the tenancy there is anything taken out of the bond. If anything needs to be taken out of the bond it must go to VCAT. If a VCAT hearing is required those tenants will be on a list from VCAT...

I sit here at 8:30 in the morning, after being up till 2am renovating. My hands are covered in semi gloss paint in a lovely shade of white. My hands hurt and are cramped up. With a couple more days to go, painting and getting the property ready for *hopefully* good tenants we are yet to discover...

Ok- I'm no interior designer. So I am asking for a little help. What do people think of these blinds; http://www.cheapa-blinds.com.au/Sovereign-Blockout-Roller-Blinds-Tudor-P1363.aspx In this property If we can get to painting, the walls are going to be a warm neutral (very...

It has often crossed my mind. How much is too much to spend on improvements on a property? Sure maintenance needs to be done, and it is nice to update the place. But how do you figure out if you are over capitalizing. Last years "The renovators" and "The block" challenge really brought this...

We are up to 25 days after the tenant has left. I've been trying to get a hold of my PM, and keep asking her where the application is up to. It appears she hasn't lodged one.:eek: My tenant left more than 9K of damage. PM has not given me a final inspection or a final condition report. Only...

Hello, Well I am almost busting to see what real investors think of our little renovation to our investment property. The carpet was trashed. I believe the tenant was doing motorbike repairs or something inside to get all that grease on the carpet. So out it goes. So does the old...

My mum is brilliant. She doesn't judge me for having IP. When things go a bit wrong, she is there to lend an ear. But mostly I love my mum because she is awesome at jumping in and lending a hand. Yes, even on Mothers day. Depressed from spending time at the IP, renovating, cleaning and...

I'm a straight down the line kind of a person. We do struggle financially to hold everything together. DH is a sole trader, and that is the main reason. Our income varies a lot, and can be less than what you would get on unemployment benefits in some months. So we need to create a buffer. We...

G'day, We are new to the forum and have 2 IP's in VIC. We are learning. Mostly we are learning to distrust real estate agents and gather as much information ourselves. While PM's should really manage the properties, they just don't have too much of a vested interest in it. Therefore, we...