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Evening SS'ers, just wondering if others have found a critical point of IPs where it becomes too hard to manage with a full time job. I am not talking about personally managing the IPs just managing the managers ? I started thinking about my future goals and have been trying to work out when...

Evening ss'ers I am trying to establish my borrowing capacity in the new lending environment. From what I can work out the new 'standard' calculators used by the big 4 banks assess loans as P & I, 7% and 80% of rents as income. Is this correct ? I am trying to work out the value of loans I...

Evening ss?ers I have never held a strata or body corporate property before but I am looking at purchasing one now. Do PMs generally attend strata or body corporate meetings on your behalf ?

I am considering using equity to engage a BA for a few upcoming purchases, would the interest on the funds used to engage the BA be tax deductible ? As I would be financing the BA from equity I planned to just add the BA fees to the equity loan. Would this work or would I need to at it to...

Is there an easier way of going through the data at the back of the property mags ? I am looking for an online version of the same stats that I can export into excel. Going through the mags with a highlighter is proving highly inefficient

Not sure where to put this so just thought I would just jump in. I am looking for a positive cash flow property with some potential for growth and trying to decide if it would be better to buy a newish (not OTP) townhouse close to Brisbane CBD or an actual house in the Logan area. I am...

Evening SS'rs I have done a bit of a search and can't seem to find the answer this one. If I purchase an IP with equity from my PPOR that is negative geared and use additional equity from my PPOR (approximately $5000 annually) to fund the shortfall is the additional interest on the $5000...

Evening all - I'm after some advice on potentially selling a house on a street where there are already 2 houses that have just come onto the market. The house is in Sydney and generally there are only half a dozen for sale in the same suburb. I am conceded it would look like there was something...

Looks like I am very close to purchasing my first IP - I've purchased a few PPOR before in NSW but an IP in QLD is a whole new ball game and I have so many questions. I am very excited about making my first purchase and have been hounding my gurus with lots of questions so I thought I would put...

Just wondering if buyers agent fees are tax deductible and if I could claim interest on money borrowed to fund the fees ? Most seem to be around $10,000.

SS'ers I am going over my figures and trying to work out the value of manufacturing equity through renovations. If I had an IP worth $450K and I spent $50k (cash) on renovations, and then the IP was revalued at $500K what would be the benefit ? I would actually have less cash as the equity pull...

I am looking to purchase an IP in the Newcastle area but with so many suburbs I am heading into analysis paralyses territory. I am going for the buy and hold strategy with possible cosmetic reno. For my overall strategy to work I need CG of at least 5% first year (but the higher the better)...

Evening SS'ers - Any hints at where I can look up current vacancy rates online ? I have been using the property mags but they don't cover all the suburbs I am interested in. Thanks x

SS'ers I am up for my first valuation for my PPOR soon to extract equity and I am wondering if there is anything to increase the valuation. Alternatively are there cosmetic issues that would negatively lower the value ? What types of things are taken into consideration ? Will the valuler only...

I am new to the IP game and just wondering how others define good capital growth ? If you are chasing capital growth would 5% be a good mark or over 10 % ? I understand in regional areas with higher yields around 2 % would be 'average' or am I way off ? I still strategising and...

Hi I am new to the forum - I just stumbled upon it while doing research on different markets and it looks like a friendly resource full of useful information. I am looking at purchasing 2-4 IP this year, at least two in Brisbane (I'm in Sydney). I am just not sure about areas for CG. As these...