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    Need a renderer

    Hi there, I'm looking for someone to do rendering in two bathrooms to prepare for the tiler (the walls are pretty rough after old tiles came off). The job is in Caulfield South. Can anyone recommend a good (not expensive) renderer? Thanks in advance.
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    LOC question

    Does it make any difference if LOC is using two properties as security, or is it better to have two LOC's? I've been trying to get two LOC's but the bank person tells me it won't make any difference, and won't give me any extra flexibility. But I suspect the bank employee may be biased...
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    How many units

    Hi there, I'm wondering if I can build 3 units on a 750sqm block. 16.5m frontage, location is Bentleigh (not a cnr block). I realise I need to talk to a town planner but was hoping to hear from people who have gone through similar experience. Thanks in advance.
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    Renting a house as shared accommodation

    Hi there, I'm thinking of buying a house and making it shared accommodation for students. The house that I have in mind is not in the proximity of any university but it is very close to the train station (direct line to one of the uni's), close to shops etc. Has anyone gone through this...
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    Do I need a quantity surveyor?

    I've purchased a new property couple of weeks ago and we'll be moving in it in a month or two. Our current PPOR will become an IP for about a year, then we'll move back and the new property will become IP. My question is, is it worth to invite a QS to the current PPOR, which will only be an IP...
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    Increasing cash flow

    Hi, Is anyone using PAYG withholding variation or reduction or whatever it's called, to increase cash flow / serviceability? What are the pros and cons, would be interested to hear from people who have done it. Would banks treat it as income? which essentially it is. Thanks.
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    Discounted variable rate?

    Hi there, What's the best discount you could get these days off your standard variable if you are to refinance your loan. Someone may say it depends on the loan amount but I'm just curious to see what deals others have been able to get from the banks regardless of the amount, i.e. have you...
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    Body Corporate

    Could someone recommend a body corporate manager in Melbourne? Thanks.
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    Body Corporate

    Hi there, Couple of days ago I got a letter from body corporate that during this year's meeting they've decided to set a special levy for repairing windows. Attached to the letter was a quotation for almost $10,000 to replace windows in my flat. I intended to come to that meeting but couldn't...
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    Bank errors

    I’ve seen my loan manager this afternoon and found out that my loan repayments have been almost half of what they should’ve been for the last year or so, as a result of a bank error. Consequently my loan instead of decreasing has grown by few thousand dollars. He said that I can leave it as is...
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    Rental property advertising

    I'm curious to know how many people would consider advertising their ip(s) privatelly, not through a real estate agent. What are the pros and cons?
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    "Wrap pack for sale" post deleted?

    Where should I post that thread? I saw another "Wrap pack for sale" in Caveat Emptor forum, that's why I posted it there. Here's the url for that thread: http://www.somersoft.com/forums/showthread.php?t=5598&highlight=wrap+pack
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    GST - hypothetical question

    Hi there, Just a hypothetical question about GST, and my apologies, it’s not exactly related to real estate but I think would be interesting to discuss. There are some industries where GST may easily make your business not competitive, these 10% on top of your already small margin will...
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    Writing off home loan interest

    Hi there, I would appreciate your advice on the following: I’m working full time as well as running a business from home office. Would that be a good idea to write off a portion of interest we are paying for home loan (POPR) against my home office? Thank you in advance. Regards, Jerry
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    Quantity surveyors

    Hi there, Could someone recommend a quantity surveyor in Melbourne. Thanks Jerry
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    My first IP

    Hi there, Just a few questions I wanted to ask about managing an investment property. 1. The property I bought has tenants and is managed by RE agency. Can I get rid of the agency before the contract with tenants expires? 2. Can I renegotiate the agents fees? I would appreciate any...
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    Help!

    Hi there, I have a big problem with CAB, the settlement for the property I bought is on Thursday 17th of April. Just had a call from my solicitor, he hasn't received any documents yet, he spoke with someone at the head office and they don't have the documents either. The lending manager who...
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    hybrid trust

    Hi Dale, I figured you would probably read this thread. :) Could I offset the losses in my hybrid trust against my personal income, that is the wages from my permanent job? If yes how? Thank you.
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    Money for deposit

    I am interested to know if other people had similar ideas or actually did it: I have equity in my POPR which I can use to buy an IP, would that be better for me to borrow more money, say for renovation (and I can change my mind at later stage), and then using the money borrowed for a deposit...
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    Wrap finance

    Hi All, Could anyone tell me if I can get a loan for IP and once I bought a property wrap it. Do I have to tell the bank that I am intending to wrap? If I don't tell the bank could there be any negative consequences? Thanks in advance.
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