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Hi SS Gurus, I want to ask your opinion about a house I am currently looking at. The house is in Ipswich on a 1500 square meters block, current house is in the back of the block. It is low density zone which allows 10-15 lots / hectare. Spoke to the council it can go down to 450m / lot, and...

Hi SS Gurus, I am in negotiation to buy a business, I got the sales and P&L for the last 3 years. I will have a meeting with the business owner tomorrow to answer some of my open questions. The business is an indoor children playground. the owners bought a bigger one far away, and they...

Hi SS gurus, I have a situation and I wish you can advice for help. I bought an IP 7 months ago, tenant is paying rent on time, went for inspection and they are keeping the property in a very good coniditon, clean, tidy, flowers in the backyard,...etc. I have done a 3 months contract, then...

Hi SS Gurus, I found a nice house in Ipswich on 1500 SQM block on 2 streets, driveway is only to the back street. The house is around 30K?s dearer than similar ones on 600-700 blocks. I looked at the council website and the house is zoned as Residential low density. The houses across the...

Hi SS Gurus, I need your advice regarding my current situation. you may have passed through the same situation before. I can get another loan, I can service another loan, but I am worried that I may be doing something wrong. I just started investing in IP this year, I have the concept of...

Hi SS Gurus, I bought my PPOR in West Sydney 4 years back, and it almost doubled now. I bought 2 IP's in QLD. one in Logan area for 290K renting for 350. and one in Ipswich for 235K renting for 300, spent 5 K's on it (quoted for 15, but I took 1 week off, hired couple of students and did the...

Hi SS gurus, I purchased a IP No.2 in Ipswich. I live in Sydney. There was some work to do in the house. So I went there for 1 week, and all the work has been done and the property is rented now. My problem starts when I was there. Both neighbours to my right and left approached me to say...

Hi Everyone, My property to settle next week, and I will be there to do some work, and get couple of quotes for 3 or 4 days. What should I do?. The seller will inform the Electricity provider to turn the connection off. Is there a minimum for the connection. If I contact one of the...

Hi Everyone, I am buying a property to settle end of this month, the REA sent me an email asking that the seller keep the keys for one more night after settlement, as they are buying another property to settle on the same day and the seller wants to have some time to move. I spoke to my...

Hi Guys, My offer for a house in Bellbird park is just accepted. the house is in a good street, 3 bed, 1 bathroom, brick on a concrete slab. I was able to finalize it on 235K. it sits on 770 SQM land. rent estimate is 300 / wk. The house in a fair condition, can be rented straight away. Is...

Dear SS experts, I started property investment mid Last year. I had fair bit of equity in my PPOR, purchased my 1st IP, cross Coll with my PROP. Now I am buying my second Investment property, and I wanted to have the correct loan structure this time, as my 1st IP built a little bit of...

Hi Guys, I had my build and Pest reports done, there is a termite barrier installed back in 2009 (Label in the meter box). the Pest report came with previous termite damage in the retaining walls (nothing inside the house). Pest report recommended getting the paper work for the previous...

Hi Guys, I need your help and experience to be able to take a decision. I got the build and Pest report today for property. the build report mentioned that there are termite barriers installed, and I need to check with the Pest report guy. The pest report came, and I spoke to the guy, he...

Hi Everyone, I am a new investor. I just bought 2 IP's in October and December, I have 100K's in savings (offset againt my own house), and 2 loans for the IP's. according to my income, my Broker says that I can borrow another 300K's. which is kind of good for the houses I am interested in...

Hi Guys, I am buying a property in BellBird Park, and I read a lot about checking black soil. I couldn't find information about this black soil. I understand it causes slab movement. but how to check if my house has a black soil or not? is it related to the suburb or street?, will this...

Hi There, I am a new investor, just bought my 1st investment property and i borrowed 80%, and I used my house equity to pay the 20% deposit. Now, I am thinking about buying my 2nd IP, my buyers agent is advising me to borrow 90% and pay mortgage insurance, and keep some equity to buy my 3rd...