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hi at this point, i don't need to get very precise and get to the bottom dollar...i just need t work out a rough estimate of apportionment between land and building for, let's say: - a house, land 500 sq.m, 4 bed, 2 batch, purchase price 700k - a townhouse, land 300 sq.m, 3 bed, 2 bath...

Hi I found a brand new house which I like for myself...but not just yet, probably within 5 years (family plans)....does it make sense to buy it as IP, rent it out for 5 years then move in and turn it into PPOR ? What are the tax implications of this move ? My train of thought is that it'll be...

Hi I gotta put down a 40k deposit Deposit bond is off the table as not enough equity in other property. Bank guarantee is an option: Bank gave me these figures on bank guarantee: 250 est. fee 1.25% pre payable fee every 6 months Term deposit interest rate:3.75% Making the numbers...

Hi I found a brand new house which I like for myself...but not just yet, probably within 5 years (family plans)....does it make sense to buy it as IP, rent it out for 5 years then move in and turn it into PPOR ? What are the tax implications of this move ? My train of thought is that it'll be...

Hi My intention was to pay the 10% deposit with a deposit bond (off the plan, settlement 2015). I had verified the options with my broker, bond costs, etc...all good. Signed the contract, and now, AFTER signing the contract, the broker came with: "you need to demonstrate equity in other...

Hi forumers I got a great ground floor unit in Brisbane...ticks all the boxes and can negotiate a very good price. Only issue is, it flooded in 2011...flooring was fully replaced and it shows now an amazing polished timber floor... What do youl think ? I'd tend to think that floods happen...

Hi I got to an agreement on price which I'm happy with for an off-the-plan unit. Settlement is in 2015 Issue is, contract has no finance approval clause. I don't feel comfortable with not having it. My lawyers indicate that this is not right, and there should be one. Agent says that no bank...

Hi guys I wonder if the QS fees for preparing a depr schedule are tax deductable or not ? Also, I appreciate if you could tell me whether the following are or not tax deductable: - Bank fee on purchase (bank transfer) - on the settl statements, it says: less council rates, less water...

I just carried out the pest inspection on my first IP. I was on site. The inspector explained it all to me...he said it was all good....he showed me a few drill holes in front of the garage (see photo) and said he couldn't be sure what those were for...maybe a preventative measure..maybe some...

Sorry for the silly question... Is it 30 business or calendar days ? From contract date ( when buyer receives back contract signed by seller) or from when finance is approved ? Which day counts as day 1 ? Settlement is on day number 30 or one day after ? Thanks a.

Hi there Is a signed, scanned contract sent by email legally valid and binding ? I'm the buyer (of my first IP), and the RE agent has asked me to send the signed contract by email to send to seller (in Sydney...I'm in Brisbane)... So, I will get back by email a scanned copy of contract...

I'm confused on how this would work... I've come many times across articles about renovation for profit, where you renovate and sell...but let's say that i don't want to sell, but want to renovate to increase equity, unlock it and buy a second property...would that work ? is this a strategy...

Hi Need rapid quotation...found some threads where pricing is discussed...surprised to see that they charge by the hour, not y surface area. Feel more comfortable with a lump sum agreed upfront....got the area to paint already figured out....any recommendations of good-value-for-money-reliable...

Hi there. I want to put an offer on what will become my 1st IP. What's the actual mechanics of the negotiation process ? Should I send an email to the RE agent to get the ball rolling ? Should I mail a letter ? Should I just give him a call ? How can I ensure the offer is passed on to the...

According to the Brisbane City Plan 2012 and the SEQ Regional Plan 2009-2031, the projected population growth in SEQ 2011-2031: 1. Ipswich: 286,521 (21,6%) 2. Gold Coast: 254,252 (19.2%) 3. Brisbane: 186,658 (14.1%) As I'm looking for my first IP, it seems to me that Ipswich is the wayto...

Looking for my first IP....have found nice quality houses at a reasonable price in Fitzgibbon....there are some gentrification plans, a new district community hub, the area has been flagged as one of the few green field deelopment areas...train station, close to chermside, airport and gateway to...

Hi Have seen townhouses in these three suburbs that fit my bill. Not entirely sure about the suburbs though. Can you please opine on these 3 suburbs ? Mitchelton has been classified as one of the major activity centers in the SEQ 2009-2031 regional plan...that's why it got my...

Hi Can you please recommend architects/builders/project managers with a proven record track to carry out the reno project in Brisbane ? Bettter separate services and individuals or integrated one-stop-shop kinda deal ? Appreciate your help a.

Hi If I wanted to buy a house to renovate, I'd like to evaluate as part of my due-diligence how much value can I get out of the renovation....I would need to know BEFORE hand: what can be done? how much would that cost ? ho much value can that add ? What's the best way to come about this ...

Can anyone recommend a valuer in Brisbane area ? Need them to estimate value increase before undertaking a reno project, and then for the post renovation valuation ? Thanks for sharing a.