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    Mortgagee Sale by auction

    Hi everyone. I have come accross this property, which is being sold by mortgagee and it will be an auction. The auction will be conducted by a REA. Should I expect this property to be sold at a lower price? What does everyone else think? Has anyone had any experience with auction by...
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    Living in Melboure, want to invest in Brisbane

    Hi Everyone, I live in Melbourne and I want to invest in Brisbane. I have never been to Brisbane but try to read as much as I can about it here on this forum. My budget is $250K. I would like to get some suggestions on which area to look at. I read a lot about Ipswich and it looks like a good...
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    Will this travel expense be tax deductible?

    Hi Everyone, I live in Melbourne and and have IP here. I want to buy an IP in Brisbane and have never been there. I am planning to do some good research and buy an IP there, maybe with the help of a buyers agent. I would like to do the final inspection, before settlement, myself. Will that...
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    Property Inspection on Settlement day

    Hi Everyone, The settlement of my property is on Friday. Last Thursday, I was able to take my property manager through the property. Then vendor was then packing. They would have moved out on the weekend. My question : should I arrange to inspect the property on the day of settlement...
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    Property Management agreement

    Hi Everyone, Recently we bought 2 properties (these are our first IPs). The settlement for both are in mid-June. I did tell the REA that I will ask them to manage it. I briefly met the property manager few weeks ago and now he has sent me some documents to sign: the REIV Exclusive...
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    Need your advice in price/offer/auction

    Hellow All, I am a totally new to IP. This is going to be my first one. I have decided on a property (house) that has been on the market for about a month. Have done two inspections myself, and have been talking to the REA reguarly. The property has been advertised as $230K+. The median price...
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