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Hi, The property i bought has this wall(link below) in the dining room. I think it is very dark and gives the place a depressing warm look. The house also feels like a ski lodge so i want to get rid of it. I am not moving into the house for another few months however wanted to know if anyone...

Hi Guys, sorry if this has been asked before. I used to be able to use domain to search for ALL upcoming auctions within 7, 14 or 21 days. I can no longer do this using domain.com.au. The realestae.com.au web page is too fidgety and also doesnt have this option for all of sydney. you need to...

Hi All, It has been a while since I have posted. Been watching prices go up all around me and i am kicking myself for not picking the upswing when property turned around in mid 2009. Anyway hope everyone is well. . I would love some locals or even investors who are experienced with the lake...

Hi Guys, Just need some guidance. I bought my first 2 IP properties and I never had second thoughts. I was happy with the purchase and all. My last purchase was 1.5 years ago and both properties have gone up in value and are also cash flow positive. . I am in a very comfortable position at...

Hi, I didnt think that they still existed. I inspected a place today in outer sydney (Actually 35km away) and it looked great on the internet. Nice 3BR, weatherboard hosue with double garage for around 270k and will rent for 300-320. 550m and has pool with low maintanance yard(ie no backyard...

Can someone tell me what this article is about. Doesnt make any sense to me as i thought there was land tax and not property tax Property tax creeps across suburban plainsBrian Robins June 1, 2009 . IT HAS always been seen as a tax paid by the blue rinse set living in the better suburbs...

Hi, I have recently found it harder to convince myself to buy an I.P in the range I am looking for. I was looking to buy an IP in the 300-400 range and in the areas that i am looking a house that 3 months ago would sell for 360k they are now listing it and asking for 430k. Everything is selling...

Hey all, I am just wandering whether the following scenario is possible. 1. FHO grant is returned to normal after June 30th or is extended. This will take pressure of FHO to rush in and buy. 2. Investors like myself currently wanting to buy or waiting untill after June to buy storm the...

You just won $50,000. Your on a Property Game Show. However there are conditions. You have to make a choice immediately on what you will do with the money! Your time starts now! I have heard all opinions on the matter and heard both sides of the arguments about where we are right now with...

Hi, Spoke to my broker yesterday and he advised that the 95% loans are hard to get and that in the next few months there will be no such thing as 95%/97% loans. He said that 90% loans you will be lucky to get regardless of borrowing power. Are other brokers out there finding the same thing...

Hi All, Been trying to keep track of all the recent posts. Most people predicting that the worse is yet to come with some advising that we could be at 9pm on the property clock. I to be honest with you have never been more confused. This is what I am seeing. I am from Sydney and looking at...

Hi Guys, I am sorry but I had to share this! Pretty funny and worth watching whether you want to or not buy in South west sydney-campbeltown area. Enjoy http://www.youtube.com/watch?v=bw0Kdw37yiw

Read an article in www.news.com.au which doesnt paint a very rosy picture about property this year. Especially for those like myself who thought that AU property market was more resilliant due to under supply in housing and migration etc... The below are some paragraphs from the article...

Hi All, I really need help and dont know where else to go. It is unfortunate that I dont have a good accountant but I have been refferd to someone in Kogarah. I will defintly be using his services after this purchase however untill then can I please just get some thoughts and opinions from...

Hi All, Just bought IP 2 weeks ago. I exchanged early last week and am due to settle in Janruary. I just recieved a call from the Agent advising that the house has burnt down. Two of the rooms are totaled and she beleives its not quite salvagable. There is graffiti everywhere inside also. ...

Hi, I am not affiliated with the masonic society nor do I know if anything of what I am saying is even true however what I do know is that I do have a lot of relatives and friends that are masons. They believe that they are part of a "boys club" where they are given priority over any non...

I have found a property where I would like to put in an offer however during the open home i learnt that the house has an extension at the back. the extension just adds a second living area but. It doesnt look bodgy but it is not council approved. I still think that without the extension the...

HEy all, I just sold my IP privately. I hired the use of a solicitor to arrange the contracts etc.. I would like to ask, once we sign contracts and the deposit is signed who then holds the deposit? The purchaser has paid me 5% of 315k however does this stay with the solicotor or with me? Your...

This is what I left Work for today. I got a call from my tennnat and ofcourse I say "Hello, How are you?", he replies that. "he is not good." This is when I knew something was wrong. HE told me that there was a little fire in the Kitchen and that I should go have a look. This is not what I...

IP ready 4 rent - Do I need a depreciation report?? Hi Guys, I am just abut to rent out my 2nd IP that I settled on over 1 month ago. I have just finished renovations on the place. It was a corner house with a granny flat at the rear. I have sort of converted it into two seperate lots and...