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Vendor's solicitor in NSW doesn't want a cooling off period, but in order to get full finance approval I need a fully signed contract. My offer was subject to finance, so I'm using "Way 2" of Propertunitie's buying post :D. In this case we've got the contract from the agent, not the vendor's...

Hi all, I sold the only asset (a propertyt) that was in my HDT (with corporate trustee) last October. I'm not looking at keeping this trust around going forward, so is it relatively simple to wind up or do I absolutely have to involve my accountant? From research, shouldn't it just be a...

A Gold Coast teenager is reaching out to strangers to help raise money to buy a home as she wants to own her first property by the time she finishes year 12. https://au.news.yahoo.com/video/watch/28434096/teen-desperate-to-buy-own-property/?cmp=fb#page1

Hi all, As part of the apartment I purchased some 11 years ago, a storage cage was thrown in for free. It's a 6sqm one on the ground floor with a roller-door+lock. Naturally access is probably restricted to only tenants of the building, or during business hours if the serviced apartment...

Hi all, It's been a while since I purchased a property, so I thought I'd detail my experiences here about my latest purchase - the figures, the deal, some assumptions, and the problems I encountered. In April 2010, I found a 3 bedroom, 1 bath, 0 car house for sale in Wellington (NSW), about...

Hi all! Can anyone recommend a property manager in Wellington, NSW? I have purchased and renovated a 3 bedroom freestanding home (this is a topic for another thread), and it's been on the market for 4 weeks, but is still vacant. They've had a few people go through, but no applications. There...

Hi all, I recently purchased a regional IP and a mate who works in the Irrigation industry (and also does landscaping), says he can install one for about $500 - $1000. A simple, automatic turn on, automatic turn off jobby - basically so the tenants don't need to do anything - the garden...

Hi all, I must be getting old, but I quite prefer a drop or three of whisky now-a-days. Neat, with a couple of ice cubes. I can't drink beer as my skin gets really itchy... so I now drink the hard stuff. :) Much to my mother's chagrin, I'll sometimes mix it with Coca-Cola. I have three...

Hi all! We are currently halfway through a two year lease (in NSW) on a place that WE rent (ie, I'm the tenant with my wife and baby). It's a 3 bedroom duplex that was fine until our son was born - now it's slowly getting too small. I negotiated a 2 year lease with the property manager and...

Hi all, I stumbled upon this in my quest to find a 95% loan, without having to be a customer of a bank for 6 months+: http://www.plmaustralia.com.au/blog/products-and-services/its-back-and-better-than-ever-95-loans-with-no-genuine-savings/ Has anyone ever heard of or used PLM? They seem to...

Hi all! Does anyone have a recommendation for a good property manager in Nowra? I'd rather start my research from recommendations than just to cold call each agent in town. :D Cheers! -- MJ.

Hi all! I have a complying SMSF set up - now I just need to get my wife's and my super money into the fund from our respective "employer funds" so we can start investing. I sent off the paperwork a week ago and received a letter from my old super fund today, stating: Searching the ATO website...

Hi all, My SMSF has just been set up and now needs a bank account to operate from. I've looked at some options: * CBA have a Business Online Saver product. * Rabobank have a DIY Super Account, but that is Internet-only. Still doing research via Cannex. :o The essentials I need are: - 4%...

Hi all! In my infinite wisdom, I managed to spill some petrol in Mrs MJ's car. I was transporting a borrowed whipper-snipper back to my outlaws, and the fuel cap wasn't securely fastened, so some petrol has seeped out into the back seat. :eek: Naturally, the Mrs is quite aghast as to the...

News just in... http://ipswich-news.whereilive.com.au/news/story/land-and-school/ So... buy land in Brookwater, QLD, and the developer, Springfield Land Corporation will contribute 12% of the purchase price to an education scholarship. You have to use the scholarship on one of the local schools...

Hi all! We've recently completed out Stafford bathroom renovation. House is a 3 bedroom, 1 bath, 1 car post war home in Stafford, about 7km north west of Brisbane CBD. The bathroom was the last "big" item to renovate in the house. I've also added new blinds, built-ins, flyscreens, lights...

Hi all, I thought I'd post this question to the forum, as investors who renovate are eager to latch their hands on a quality tradie. My brother-in-law is a cabinet maker. He's fairly young - only turned 21 last year. He's done his 4 years of TAFE and is fully qualified. He's been a tradie for...

Hi all, Continuing from this thread: http://www.somersoft.com/forums/showthread.php?t=52946 When you guys do renovations, do you leave the bath in (or replace it/re-enamel it), or remove the bath in lieu of a bigger shower? I'm currently renovating a post war home in Stafford, Brisbane, and...

Hi all, I'm looking to renovate the bathroom in one of my rentals in Brisbane (Stafford - north side). The house is a post-war home with original bath (baby blue!) and ancient shower screen. I'm looking at ripping the bath + shower screen out and replacing it with a shower and modern shower...

Hi all, Is it now standard practice to include a dishwasher in a rental these days? I'm looking at a place to rent in Castle Hill - 12 year old detached villa, and it has a space for a dishwasher, but no actual dishwasher. I know most older places don't have a space for a dishwasher and thus...