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With impeccible timing, we bought 2 rental properties in outer Brisbane at the peak of the boom in 2003. Even so, they seem to have gone up a little further in value since. Now we think we would really like to buy a place near the waterfront for about 700k. But to do this we would have to...

Hello We have a high set house built in the 1970s with a concrete balcony supported by steel posts and what seems to be thin ridged steel sheeting underneath. There is a fair bit of rust along edges of angle iron which sits above the posts and holds the outer edge of the sheeting. Worse than...

From memory, Jan Somers last book didn't say much about land tax or about trusts. Land tax would have been less of an issue a few years ago. Trusts may now be more relevant because of land tax? I wondered if a few of the more learned forumites might speculate (in brief perhaps) on what might...

This might have come up in the forums before somewhere, but I once read that if the world's population was divided up into groups/families of 4 and each group was given a quarter of an acre, the world's population would fit into Queensland with enough room left over for Victoria and Tasmania as...

I am in my late 30s and only last year bought first 2 IPs in Brisbane for around $250 000 each, at which time PPOR was worth about $300 000. At some stage I would like to live in a house worth say $600 000 in last year's prices. I've worked out a few figures with my basic software (kids...

A few weeks ago there was an article in The Australian by economics writer Alan Wood, where he discussed what I think was called the asset price meltdown hypothesis. Basically, the theory goes that at some stage in the future there will be lots of baby boomers selling assets to fund...

Hello Does net rent of around 60% sound right for IP houses? In other words, costs of around 40% of total rent. Assuming the use of property managers, small vacancies, some maintenance, 2 types of insurance, rates, termite protection. I've seen estimates of as little as 20% - isn't this...