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I feel a little annoyed... 2 weeks into the lease and the tenants have reported the air con turns on by itself and the remote is not working... Got the PM to send out a tradie and he said the stop making parts for this model aircon back on 2007... It's going to cost $1600 minimum to replace the...

Hi all, I'm with NRMA now but plan on switching to Suncorp as it's much cheaper... Does anyone have any review on Suncorp insurance? I've read some bad reviews on both company and rarely do people take the time to do positive reviews...

Hi all, I'm curious in Brisbane whether you can walk or away from a contract or re-negotiate after finding out about storm water drainage?

Hi all, I just started with Suncorp and they are meant to direct debit from my account on the 17th but nothing has been deducted... strange this is that earlier this week I received an sms from Suncorp which stated "Your 1st monthly payment of xxx for Home Loan xxx is due by 17/04/15...

Hi all, I have an investment property where the 2 of the piers on the brick fence have collapse... I've spoken to 2 bfence repair place and they said they can repair but it will happen again... So to prevent any liability issues, I want to tear it down and replace the lot... Is this tax...

Hi all, I got a plumber to come out to my investment property... The plumber did a pressure test and confirmed the leak is coming from the base... He can temporary reseal it but best to do it properly. I'm happy to do it properly but he said he doesn't do that type of work... He suggested...

Hi all, I was wondering if someone with more experience with termites can recommend if I should do the recommended termite treatment which will cost around $4000 ACCESS Are there any Area(s) and/or Section(s) to which Access should be gained? ? No, read this report in its entirety...

Hi all, I did building and pest on a property in Brisbane... A few areas of concerns are listed below - Reverse side wall of the main shower has High moisture levels - Decay to skirtings in bathrooms - Rusted gutters and downpipes - Missing ant caps and rust on some My main concern...

Hi, I just wanted to know, if the species of trees is not listed under Brisbane protected tree policy, can you simple cut it or do you still need to go through the approval process?

Hi all, I'm curious what percentage of investors here have termite protection barrier etc for their investment properties in Brisbane... I was speaking with building and pest company and she said 90% of the house she inspects will have termite activity. That's crazy numbers... So would you...

Hi all, I posted a thread 3 weeks about about issues with cross collaterisation http://somersoft.com/forums/showthread.php?p=1277328 Well I requested the cross be removed and LOC setup. Well I thought all was well but settlement occurred today and turns out I do not have LOC setup. I...

Hi all, I'm hoping someone can please explain this to me in noob language. So settlement is happening tomorrow for my investment property. I'm using my equity from my PPOR. So I have LOC plus the mortgage for the investment property. Upon settlement, I understand they will take money for the...

Hi all, I just curious, I found a place that has divided the double story house... It has 3 bedroom and 2 bathroom at the bottom with kitchen. The same setup down stairs 3 bedroom and 2 bathroom... Is this legal? Insurance and council wise? For insurance I would need 2 landlord policies right?

Hi all, I'm curious, how much does this affect the value of the house/land? I'm looking at a house and can see easement running through the middle of the land... How much does that affect the value or future growth?

I notice some advertised on realestate.com.au... I thought Mel was very strict and granny flat/bungalo is only for dependents? Are these illegal?

Hi all, I'm interested in this house located in Sunshine North but I'm not sure what it's worth... My estimate based on the previous sales in the area is around the $470 to $490k. I spoke to the sales agent and he's telling me the auction guide is around $540 to $570... That's a huge price...

I just wanted to know if I refinance my PPOR and have a split loan, one for the existing mortgage and the 2nd borrowed from the equity, is the 2nd account tax deductible? The line of credit account will be used for investment only such as 20% deposit and and unforeseen repair bills.

Hi all, I need some advice and guidance... Situation is my PPOR is almost paid off so I have a lot of equity to play with... My goal is to reach 6 investment properties in the short term and maybe a couple more later on... Now not knowing much about X-coll but I knew it's better not to go...

I'm curious in the past we used an accountant for our previous investment property... He claimed where he could and with receipts we provided etc... But I hear people talk about how good their accountant is and how much money they get back I just want to know how can you determine if your...

Hi all, Please excuse my noob question but when they say the land tax threshold for 2015 is $432,000 with rates $100 plus 1.6% up to the premium threshold... What does that mean? Does that mean that if I buy multiple properties and the land value is under 432k I don't have to pay a cent or...