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Hi, I have struck a deal with a private vendor for a property for which he has not received a title. He built 2 side by side on the site and it was completed in December last year. He has been living in it since then but has decided to sell it. We have agreed on the price. According to the...

Is there any melbourne based broker for homeside here ? thanks

Hi Everyone. I had this 3 bedroom 2 bath house leased to a couple who had a toddler. They stayed in the property for about 2 years and moved out 2 weeks ago. About 3 months ago, I went to the property for a maintenance issue (broken shower box door) and found the property to be quite dirty...

Hi, I bought a 3 bedroom house in May this year and signed a leasing agreement with agent who sold me the property. The exclusive authority period is for 90days. I signed that agreement on the 7th June and the settlement was on the 23rd June. The property is still vacant as we have not been able...

Gurus, The settlement date for my IP is 14th July. Will there be any advantage in tax claims to move the settlement before 30th June? The vendor has somewhat has agreed on 21st June. I was hoping put a tenant in there by the 28th. If there are clear advantages in this years tax...

Goodday Mates, I have bought an IP in Hoppers Crossing and the settlement will be in 2 weeks time. I need help in finding a good PM to manage it. Those who have experience in these areas, please help me. Regards

A friend sent me this link : http://www.mortgagewatchdog.com.au/ . Has anyone tried this. Many thanks.

Thanks for reading my post. I need help in deciding as to how to handle this situation. I have an IP, which I bought early last year. Part of the deal was to allow the existing owner/occupier to rent it till his new home was completed. He finally has given notice that he will be vacating...

Hi Everyone, I am looking at a property and have got the section32 with me. On the Certificate of Title is stated the following: Creation and/or Reservation and/or Covenant: "The Transferee HEREBY for himself his heirs executor administrators and transferee the registered proprietor or...

Hi Everyone, The property I was interested in was on "sale by set date". That date just expired with no sale. I had given my verbal offer, which the agent said would not be considered and the reckoned it would be waste of time doing the paperwork. That was a few days ago. Now, since that 'sale...

Thanks to everyone who answered my previous queries. I have a new question: Is there anyway to relate demography to capital growth in a suburb? (I hope the question is correct). In laymans lannguage: what do percentage of baby boomers have to do with property prices? I am totally missing...

Hi Everyone. I hope to get some guidance here. The situation is that I saw a property about 3 weeks ago that is advertised as $245K (plus). Its sale by set date which finishes next week. The REA then told me that the owners had knocked back an offer of $250K. The REA knows that I am...

Hi everyone! I am in a situation where I want to put an offer for a property. The pergola has been built from the house up to the fence. I know there wasn't any permit for the pergola. I wanted to make sure that in the event of a fire, the insuance claim will not be declined. The fire can...

Hi Everyone, I need help in this. I inspected a property today. The owner who have been the only owner wants to sell and rent it for long term. He is talking about 3 yrs atleast and a possibility of 5 yrs. The reason for him sell was given as - that renting would be cheaper than paying the...

Hi Everyone, I am looking for another property for about 250K and trying to focus on Thomastown & Lalor. Has anyone done research on these suburbs? Would you have any comments on the future of these? Thanks in advance.

Hellow Everyone. Firstly thanks to those who replied to my earlier posts (long time ago). I was wondering if any investor who works in the Melbourne CBD, would be keen to catch up other investors during lunch times to share ideas. Just a casual meeting, even if there are only two. Maybe...

Hi ALL. I have refinanced my PPOR with RAMS and have got $110K awailable for redraw. I will use this amount for IPs. Currently I am looking at an IP priced about $250K. I have been talking to the REA everyday and it seems I will be able to buy it for $250K. I do have a pre-approval. My...

Hi Everyone, I am considering putting an offer on a property. I do have a pre-approval for an IP. The real estate agent asked me if I could remove the 'subject to finance' clause in the offer. Then my offer would carry more weight even at a lower price. I am just wondering what risk my may...

In my search for IPs, I came across the idea of buying a display home on a lease back term as an IP. The home is advertised as returning 8% and the owners would lease it for at least 3 years, with some possible extensions. I was told that the price of the home depends on the return as the...