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We're giving a 14 days Exclusive Sale Authority to an agent. We don't "have" to sell but if we get our price we will. We're in Victoria, it's a REIV contract. My question is in regards to the Vendor's Authorised Price My understanding is if he gets a written offer for the price...

We're considering buying a little summer cottage in Canada. This is not for investment purpose it's for our usage when I go to visit the family. I can't seem to find a way to insure the property. I called broker and all in Canada and it's not possible. Called our home insurance in...

I hope it's Ok for me to post this here. This has nothing to do with investment properties but here it goes....... I'm originally from Montréal and have been in Australia since october 1999. I love living in Melbourne but one of the things I miss the most is my culture....to speak MY french...

I’ve been sent the REIV Exclusive Leasing and Managing Authority (8 pages) document by the PM we consider using for our IP. There are a few things in the General Conditions that I’m a little concerned about and want to know what you think. 1-Where the tenant fails to take occupation and...

I’m looking for some clarifications regarding insurance. I know it is required to have Certificate of Currency for settlement, mortgage, etc….That is not my problem. What I’m trying to get confirmation on (even conveyancor is vague on this one) is that I was told that OUR insurance would be...

I need some help with my record keeping. We bought our first IP in 2006 and plan to buy one or two more this year. So I thought I would “get it right from the start” and get organised while things where nice and simple. We did some work on the first IP and got a Depreciation Schedule done...

We are considering making an offer of a 3 bedroom unit/villa in a group of 14. All units are stand alone on strata title. There is a body corporate for which I don't have all the details yet. I've spent most of last night reading previous posts from some of your experiences with BC. A bit...

Here's our scenario PPOR Value : $520,000 Mortgage : $280,00 LOC : $100,00 Used PPOR LOC for deposit, purchase costs, renos, interests for IP #1. Balance approx. $50,000 Rents goes in PPOR Offset account. Got that structure set up from a wonderful post from Corsa...

After many hours spent looking on the net, driving around, inspecting. We found something. I received a phone call from the REA at 12:30 today to let me know that he had something we might be interested in. It was not listed yet. Everything that came up and looked interesting to us in that...

I have done a "Frankston" search on the forum and have been reading threads for a couple of hours and can't find what I'm after. I want to know what are the "good" spots, the absolute "no go" zones etc. in Frankston. I know the usual stuff about location but I'm asking because I'm under the...

Hello to all this is my first post and I need you opinion. Before I go any further there are a few things I think you need to know: I don't know much about investment property :) English is a secong language to me so be gentle That being said here we go 1-Me (45) and husband (48)'s PPOR...