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Hi Mitch, Don't suppose we could make it Maroochy or Mudjimba? Noosa's a long way from Peachester in Sunday traffic. Shaun.

Still waiting for that beer. Queens B'day's long gone............. Anyone still interested? Cheers, S.

Sounds like a good way to share local knowledge ( and drink beer). How do we know when its on? Cheers, Shaun.

Hi Folks, Late last year I made a few posts regarding two properties I was purchasing in Queensland. Both bought cheap, but needing some work. One property in particular was in a very bad way due to the tenants from hell that had damaged most of the internal walls, the kitchen, the...

Hey Gunna, you reckon you've got inspection problems. On Friday my other half and I attended the building and pest inspections for the two houses we are buying next door to each other. When we arrived we found out that the tenants (whacked out drug crazed hippy types) in one of the...

Hi Folks, As posted before I have just purchased two IP's that will be settling within days of each other in a few weeks. Aside from painting and filling holes, I'll need to install a new stove, some ceiling fans and light fittings, and maybe a couple of airconditioners (I want to keep my...

:confused: Folks, I was reading an article the other day by a well known property renovator. The article was about purchasing a house and renovating as a rental. There was a line that read " immediately put up a for rent sign as this prevents future arguments with the tax office"...

Thanks Owen, I am definitely going to get this strategy looked at by an accountant/QS. I was resigned to carrying the renovation costs, but if I can offset them in this manner that would be fantastic. What about livestock? 2000 cockroaches @ 50c each, written off with the carpet?

Thanks and interesting repair. Thanks for the advise manny and asy (asy, I hope that EX of yours is not renting in Caboolture, sounds like he's hell on doors). I found an article on filling big holes with that expanding foam stuff and plastering over - might be worth a try. I went to the...

As I am new to this game I need a knowlegable acccountant. Can any one recommend one north of Brisbane? Also any good quantity surveyors? thanks......

This is a purely hypothetical scenario of course!

Hello All, I am currently purchasing two IP's next to each other. Number one is in good condition but needs painting and a car port. Number two is a mess inside. Every door has holes in it, same for walls (some of the holes are heads size and height - the mind boggles when you...

Hi Folks, Our home is worth $330,000 and we owe $135,000 on it. We have 1 IP worth $165,000 and owe $53,000 on it (interest only loan). We purchased the IP off my mother in law for the reduced amount; essentially we paid out her debt and gave her free rent in the property (she was...