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    Investing with group of Friends

    Hi, Im guessing everyone who is about to read this is cringing and about to say don't do it!!! but I am in the early stages of considering how to do this and am confident it can work on a personal level. So, a group of close friends (20 years +) and I are all wanting to start investing in...
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    IP to part IP/PPOR

    At the moment i have an IP on an IO Investment property loan which is being rented by friends of the family. House is split on ownership of 50%(me) 49%(other) and 1% (other). Now say i want to move into 1 room and rent the other 2 rooms to the current tennants, what implications does this...
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    Colorbond fencing

    Colourbond fencing via STRATCO you are looking at $85 per panel Trade $89 per panel Retail Panels range from 2.35m - 2.38m depending on profile. Bluescope have a price rise kicking off on September 1. Looking at 5% - 8%. Thanks Tye
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    Lawnmower

    ill double check with my accountant anyway. yeah you can get the cheap GMC or Talon ones for under $300 which will be sufficient for an IP. Thanks
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    Lawnmower

    Yes we are attached to the property, reason: it will evertually be our PPOR Maintaining them IS less costly than repairing them. In regard to the privacy of the current tennants: They are an old couple who cant really mow the grass, they asked us to mow it and said they would pay us for...
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    Lawnmower

    yeah it is in the rental agreement. We did let our past tennants maintain the garden but there are a few reasons why we are doing it. *It gives us a chance to get over the fence and assure ourselves that the property isnt being destroyed on a regular basis. * Since we have been doing it...
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    Lawnmower

    We need a lawnmower to mow our IP's grass (friggin tennants dont maintain our 'golf course') We love our grass so will will maintain it. Looking at a cheap $300 one to keep at the property. What tax benifits can we expect from this purchase and maintenance of it. Purchase and IP is split...
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    Gold Coast Accountant

    Can anyone recommend an accounatnt on the Gold Coast? After visiting H&R last year i have a sour taste in my mouth. Thanks Tye
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    Storage - Brisbane

    storage king at Miami on the gold cost
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    Renting to Family

    I also rent my house out to my brother. We have a rental agreement signed but havnt bothered with a Bond.
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    Quantity Surveyor - Gold Coast

    i have just had one completed by depreciator on the Gold Coast. Inspection was done and report was in my email a day later
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    Removing spray paint from steel beams?

    Get some Goo Off from your local STRATCO store. Its the best stuff to get spray paint off colourbond fences
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    Claim on IP/PPOR

    In this case "LINO" as is me, am the son! This was bought apon by my theory that i dont trust anyone. The relationship is rock solid with full intent by both parties to go on to get married in the near future but anything can happen! Ive looked into the pre cohabation agreement and...
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    Claim on IP/PPOR

    if the both parties are willing to sign is it still ok?
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    Claim on IP/PPOR

    Well ive got a hypothetical question that i need answered, here goes. Son has IP/PPOR with parents split 50/50. Now girlfriend of 5 years and son want to move into said IP/PPOR when current lease ends. The 2 have never lived in their own house before but have lived with parents n their...
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    Proposal

    Thanks for the replies. Body Corp is $48 p/w The body corp and the Property managers and let out the units on a room basis - they charge 12% for this. I had a better look today and the complex is very nice and quiet, well maintained and mixed well with non-student, families. The...
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    Proposal

    Location is Varsity Lakes, 200m from bond university, 4km from 1 major and 1 slightly smaller shopping complex. 2 Primary schools, 1 high school, 1 collage and 4 day car centres within 5km. Bus stop across the road. Newly developed area with town centres and smaller shopping blocks opening up...
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    2nd IP - thoughts

    Des: the growth in that area and its location to M1 - Brisbane - Beach is amazing. The land is starting to run out and i think its going to be very hard to get anything priced well, East of the M1.
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    2nd IP - thoughts

    Deal with parents is fine and tight - on legal, emotional and fair basis. Yes speaking with our banker tomorrow. If we arnt happy a broker is the next stop. Let me clarify our position a bit. The first house for $433k was initially bought as a PPOR but we have decided to make it our...
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    2nd IP - thoughts

    Hi, Here is a situation im in Im 22 and have my first IP on the gold coast (burleigh) which was purchased with my parents for $433 000 1 year ago - rent is $320 per week Loan for this property is $550 000 IO (combined with parents PPOR loan) @ 6.67%. Will be converted to $433 000 IO in...
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