Search results

Hi all, we recently put an offer in on an IP that got accepted. It needs some work on it so we negotiated a 20k reduction in the asking price. Bank A gave us pre approval for 90% loan. Bank A went to value it and the valuer came back saying he'd noted that work needs to be done on the...

Hi there all. Being relatively new to the investment scene I've come to get your advice on a predicament I'm in. Background: Have an investment in Mount Druitt that is doing very nicely. Good capital return and about 7% gross rental yield. The market has moved so fast out there it's...

Hi there. I was speaking to someone the other day about getting the best rental prices for a property and he mentioned that if you have a house close to a hospital, I should look to rent to NSW Health, and rent to nurses and doctors. Apparently they will take a lease for 2-5 years and at a...

Hi everyone. I was just hoping to get your thoughts and ideas on a strategy a friend told me about years ago that worked for his family and wonder if it might work for me. Here it is: His parents inherited a small property on a piece of land in St Kilda, Melbourne. They wanted to...

Hi there. I have just recently returned from a trip up the coast looking for a place to live and possibly invest. I was wondering what peoples thoughts and opinions were on investment opportunities in the following places: 1. Taree/Old Bar: good rental return. Hospitals, 3 high schools...

Advice on 55s village plot - no strata I have been having a look at some of the properties on the market at the moment and I came across an over 55s block for sale. 4 townhouses, no strata titled. Firstly - I'm not to informed on whether investing into retirement villages is a good idea...

Hi there, my wife and I are new to property investment . We've got ourselves an investment property that has now got some equity in it and we are now looking to buy another investment property. Having spoken to people, read others posts on Somersoft, and been to some property seminars, the...

Hi there. I'm in the process of selling my flat and currently looking for a solicitor. The flat is on the market for ?250,000. Can you please give me an idea of what a solicitor will cost to see through the sale of a house. Thanks.

Hi there. I'm a British citizen, but permanent resident of Australia. I've been living here in Oz for over 5 years and plan to stay forever. I have an investment property here in Sydney as well as one back in London. I've recently heard that the UK tax office are changing the rules meaning...

Hi there all, This is my first post on what I can see is an amazingly informative website. I'm looking for some thoughts and suggestions please. My wife and I have just bought our first IP out in Mount Druitt. We used a mortgage broker (MB) to find us the best deal. We met face to face...