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Hi guys, I have 2 IPs (units) in Western Sydney and 2 IPs (townhouses) in Beenleigh/Eagleby. Currently going through pre-approval so I can buy another. For #5 I will be buying in QLD again. This will be buy & hold, main goal is short and long term CG and I need it to be neutrally or...

I've been trying to find a Kathmandu jacket which is no longer available in Australia and I've called about 10 stores and can't find it. However, it's available to purchase online from NZ (they won't ship to Australia, I've begged already). Just wondering if anyone here lives in NZ so I can...

As far as I know, Joe Hockey apparently wants discussion regarding reforming the tax system and part of this pertains to whether negative gearing will stay or go. Personally I think a strong force holding it back is that a lot of politicians most likely have investment properties so would be...

Hi guys, IPs 1-4 have all performed well lately and I'm preparing to reval shortly. My MB suggests I can comfortably purchase 2 x $300k IPs using just equity which I plan to do around May-June. After that I'll take a break for a year or so :) IPs 1 and 2 are units in Western Sydney, while...

Hi guys, I did the calculations about a year ago and leasing a car wasn't viable but my income will be a lot higher shortly. Is there a sweet spot where leasing becomes more viable than owning a car? And does this affect borrowing capacity? Is there some sort of calculator which shows the...

I've owned a townhouse in QLD for about 8 months now and I am on the Committee of the Body Corp. When I bought it, the body corp was managed by one of the owners, but was transitioned to a reputable Strata Management company shortly after. It's being run well now but I think the previous manager...

Hi guys, I currently have ~$30k in my offset account but I'm currently on probation in a new job so can't buy another IP (and don't want to) for another 5 months. It's offsetting a loan which is at about 5% pa so I'm happy for it to sit there and continue doing this, but just wondering if...

I love my job, I have a great family and friends, I'm fit and active, money is no real issue etc but it's sometimes hard to stay 100% motivated. What keeps you motivated? Do you set goals? Watch motivational movies/read books? I'm interested to know how people stay motivated at work, at home...

Hi everyone, I was speaking to a friend who works in the family court, who was telling me it makes no difference what entity a property is held in. Whether it is held in a personal name, trust, SMSF or even in someone else's name, if you own/control the property then it is put into the 'pot'...

Hi guys, I'm looking to learn more about: - industrial property construction types/processes - current trends in industrial property, worldwide and in Australia - anything else pertaining to warehouses/factories Any tips on shows or books I could find which may help? Cheers

Hi guys, I've been absent for a while as I've been flat out with various things but I've just scored my dream job and I've got a few weeks intermission. I've found some books lying around the house which look interesting and I thought I'd post here to see if anyone has read them and which...

Hi guys, I'm having some issues at home but cannot afford to move out just yet unfortunately. To do so, I have to find a secondary income (around $400/week will cover what I need). I used to buy and sell phones, motorbikes, laptops etc when I was in school so buying/selling goods is an...

I pay rent/board weekly to my parents to cover electricity costs, water. upkeep of house etc. When I am home (rarely) I spend the majority of my time on the computer paying bills for IPs, researching, emailing agents etc etc. I also occasionally work from home. Just wondering if this...

Hey guys, Just got a letter from Strata managers on one of my properties and another owner within the complex is $4500+ behind on strata payments. I looked on RPData - he's owned it since 2000 and it's never been advertised for rent so I assume he lives there. One would assume there is...

Here's a strange question but I'll go ahead any way... I have a friend who has a business manufacturing kit home type houses. He can do a 2bdr house w/ carport installed on site in Sydney for $70k. Just wondering if anyone's ever used a similar type home on development site, any objections...

Hi guys, I'm assuming you can claim all outgoings paid as part of your settlement but just wanted confirmation of this. ie if you've paid $400 worth of adjustment for council rates in settlement, I assume you can claim this as a cost, even though you don't have an invoice etc (I assume...

Hi guys, I'm 4 IPs in now and just wondering if anyone has tips on keeping track of everything? Paying bills is no problems as they're all done at the end of each month, so that's easy. I have (hard copy) files for each property, and anything pertaining to the property goes in there. I...

Just wondering what the differences are.. Most units in NSW seem to be strata title, while some townhouses in QLD are community title. Are both acceptable/similar types of body corporate structures? Cheers

Hi guys, I need to get some depreciation schedules done - 2 in QLD, 2 in Sydney. Any recommendations on who to use, what to ask for etc? Cheers

I'm trying to choose a PM for my 2 new purchases in Beenleigh and Eagleby, QLD. I've managed to shortlist 3 offices out of the 6 or 7 I spoke to - the 3 are LJ Hooker, Raine & Horne and Harcourts (all in Beenleigh). These 3 all seem competent, they have good local market presence, their fees...