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I’m planning to venture into development but need to study if it’s feasible in terms of finance. We have a PPR that is already paid off and an IP (with an IO loan of 260K). We also have a LOC on our PPR but with a different lender from the IP. The plan is to build 2 duplexes on our PPR and a new...

Hi all, my tenants broke the lease a few months before it expires and I'm now starting the process of making a claim of Landlord Insurance from my insurance (AAMI). I'd like to hear stories/suggestion from someone who has made better and quicker claim(s) from your Landlord insurance. Thanks.

I know that there're some threads discussing about Mt Druitt, but I'd like some advice/opinion from those who are so-called the experts in Mt Druitt and Blacktown areas. For the same X amount, where should I invest Mt Druit or Blacktown? Any particular streets/blocks to avoid. Thanks

Hi all, We have an instant equity (equity loan on our PPOR) of $300K ready to spend and been looking for another IP with the intention of a cash deal. We think by doing it that way we can negotiate hard for our IP. We then refinance after that so that we can have the equity for our next...

Hi all, I'm looking for some advice on the following situation. My tenant has vacated the property 3 months earlier than the lease agreement expiry (they have notified the PM). I've asked the PM what they can do just in case if the tenant can't pay the rent for the next 3 months since they're...

Hi, if anyone has any experience with Australian House Hunters www.househunters.com.au, please shed some lights? Thanks.

Hi all, We've just received a letter from our PM recommending a debt collector company as part of their PM. The letter said "The landlord acknowledges that the managing agents duties and responsibilities under the management agreement cease and thereafter upon obtaining a VCAR Tributnal...

Hi all, I'd like some opinions from some expert Home Loan Brokers here regarding to my situation: 1. IP will be mature soon, currently with Colonial, loan amount 204K. Was bought 255K few years back. Price has gone up subtancially, amost double 2. Another $70K on another lender that was first...

Any thought on this very tempting 3-year fix from Bank West, especially from any financial guru from this forum?

We’re in the process of selecting a REA for selling our PPOR. We’ve sort of narrow down a REA given that a large number of properties that have been sold by this agent in the area in recent time (from the beginning of this year). Now comes to the negotiation part of his commission. The REA said...

Hi all, would anyone have any recommendation for a good Building and Pest Inspection Company in Melbourne that you've dealt with. Thanks.

My IP lease is going to expire in two months. I'm looking to increase the rent given that my IP rent is way too much below the current rental market. The tenant has been there for 2 years now and they keep the property very well. Therefore, I only increased $10 per week for the current lease...

I've been thinking and talking to a few in-laws members about venture into joint ownership in IP. Of course, there will be some pros and cons about this kind of partnership. However, I'd like some opinions from experienced investors on this forum on how to: 1. finance structure: I can see that...

Hi guys, We're looking to buy and operate a business (part-time) inside a shopping centre but would like to get some ideas on: - What's the best structure in accounting and tax given that the business will be bought and running through joint partner with a number of family members? - Any...

My brother is about to sell his house but not sure how to choose a good REA. I remember there's a thread about choosing/interviewing a REA. Could anyone kindly point me to the right direction? Thanks.

To all experience investors, I'd like to hear your thougths on this article http://www.news.com.au/business/story/0,23636,21294154-462,00.html

My IP is due for 6-month inspection. Should I be attended with the PM for the inspection? Any tips and suggestion would be appreciated.

Hi all, This is going to be a good news for us. http://www.news.com.au/business/story/0,23636,20730416-31037,00.html

Tenant asked whether if I can provide fund to do the front yard i.e. mulch, a few plants ... They will provide labour to do it. They seem gardeners themselves. 1. Is this tax deductible? 2. Given that they just moved in for 3 months now. They seem a very nice family. They did plant some...

I'm renovating my 1st IP and need some suggestion. I've bought the IP by borrowing 20% and fees from my LOC (IO loan) and the rest is IO loan (80%). So far I've used my own money for the reno (cost abount 12K) i.e repaint, floor covering, bathroom, kitchen etc... As far as taxation is...