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Hello brokers! (and forum), Has anybody had any success getting some kind of medico style deal for an IT worker? i.e. Investor loan, 85-90% LVR with no LMI? I've heard mixed reports. David.

Body Corp profiteering from tenants via excessive admin fees Hi guys - a follow on from the popular 'AirBnB - 48 hour notice kick out' thread. A friend has just vacated a property. The property requires 1x swipe card and 1x secure key in order to enter. There were two tenants on the lease...

Dear Mortgage Brokers on the forum, I've notice some good offers on Qantas points for signing up to a new credit card. If I were to sign up to one (or more) of these, with the minimum limit possible, and cancel it as soon as I get the points, how bad would the impact be on my credit file...

Have been listening to various economists who believe we are headed for a period of deflation, followed by high or hyper inflation. I understand property is a good thing in times of high inflation (as the loaned amount reduces in relative value while rents go up). What happens in deflation...

In regards to the cost of managing tax affairs, in the past I have just used my accountant fees. As the time it takes to meet government tax compliance increases more and more each year, this year I had to take two days off to gather all the data and do all the ringing around, calculations...

A friend of mine was renting a place. She then met a guy, they became quite close and eventually they became and item and she was staying at his place most nights. As she was paying rent on an empty apartment a friend suggested she should put it on AirBnB to help pay the lease. I'm sure...

I've got 2 properties in Gladstone, the first one built in 1997, the second in 2008. Late January I was notified of a leaky shower in the second property (2008). I opened a claim via Suncorp and to keep things brief it was an awful drawn out 3 month process with the tenant becoming furious...

Hi everyone, Over the years I've had problems with leaky shower bases. The story is the same, the waterproof membrane has failed and it's around $4 grand to rip out and re-tile and insurance will not cover it (or go the $400 'Megasealed' band-aid). It also causes tenant, PM and landlord...

Here is a short comedy video on Coal Mining in Australia. I appreciate it's humour is pretty wacky and probably not in Somersofts taste. https://www.youtube.com/watch?v=Gz91yqC7g2E It claims Coal Mining is not important to Australia at all, and takes a look back on the Mining Tax that was...

I recently stumbled upon this interesting documentary. It's 54 mins long, but a fantastic watch. A guy names Scott tries to import a car from the US and runs into all sorts of red tape. He ends up challenging the validity of some of these fees, and then stumbles across something that allows...

Hi all, I had a Reflex Blockout blind by Shading Solutions installed in a residential property. The system cost between $5-6k to provide an remote controlled blind to two large windows (say 4m x 5m and 3m x 5m). There were a few problems with it's installation, first one of the motors...

My PM just told me a tenant asked to buy my property. I suppose I wouldn't mind selling it. Here is my game plan. Try and avoid the PM Agencies Sales Department to avoid any 'we found the buyer, give us money!' BS. Get a free bank valuation to find out the actual value of the property...

A few weeks ago I received a questionnaire from the SRO. They said it was sent as a result of some data matching they had done with the ATO. Now, I have always been open, honest and accurate with all my tax dealings and have been paying a around $2k worth of land tax each year so I had nothing...

I have two properties in a QLD regional centre. So far I've had many frustrations with my PM there and am looking to move. I have an excellent Victorian based PM who manages all my Victorian properties. I want to ask them about the possibility of 'remotely' managing my QLD properties...

I am a tech enthusiast and a few times in my life I've seen the products or services that came out and have thought 'wow, this is going to change everything'. I thought it with Netscape, the iPhone, Google and Bitcoin. A few months ago I played with a piece of technology and have had that...

OK, so it looks like I missed out on all the fun at the end of the 'drug testing for welfare' thread. Obviously it ran off topic and turned into a political debate. I read Dazz's surplus/deficit post and went to give him kudos for it but then noticed he was banned. I fully agree with...

Very new to Commercial property investing. I understand the value of a Commercial property is mainly derived from the lease. Is it fair to say if the lease has 3.5% increases built into it each year I can expect the capital growth to be around this?

Following on from our recent cyclists vs drivers thread, Wyndam city council held a race, quickest way to work - car vs train vs bike vs boat etc. http://www.theage.com.au/victoria/wyndham-councils-race-to-the-cbd-shows-cyclists-are-on-a-winner-20140402-35yw9.html Loving the comments:

First world problem here. Once a friend learns I'm into property investing I am usually asked how many properties I have. It's almost always an innocent question, they don't realise they are asking what can be a private financial question for many (or that the number of property doesn't...

Hey guys, Considering a two week Japanese holiday. Been there a few times before and love it. The question is, given the Fukushima incident, is it safe? I'm sure the government websites would say it's fine (just as they were saying when it wasn't!). I'm also sure many websites will say all...