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Hi guys, Hoping to get some advice on the following situation thats just come about.. I have a unit due to settle later this month that was purchased with the intention of becoming my PPOR immediatly on settlement, claiming the FHOG. My Mortgage Broker has now said to me yesterday that...

Quick question for everyone here... Last year I purchased a house and land package which will be settling this July. Myself and myself alone signed the contract at the time. Since then, I have been in a commited relationship and would like for my partner and I to take joint ownership. So my...

Hi all, I have a question regarding the rules and regulations of starting a Property Managment business in Victoria. In order to turn property management into your own small business, what qualifications are legally neccessary? My partner is looking to take over the management of our 3...

Hiii. Does anyone know what sort of wage someone who has just completed their agents representitives course would earn per week? Whats a fairly average base salery, per hour rate etc. I'm thinking of making a career move into the field, so any tips would be greatly appreciated. thanks

How do/would you word the following clauses in a contract? I gather, for example "subject to finance" is not as thorough as it needs to be. Or it is? - Subject too building inspection - Subject too pest inspection - Subject too finance Also, what if I want to make an offer on the property...

Hey guys, Has anyone come across a property up for sale, listed on Agents website, but hit some difficulty because the vendor is overseas? I've recently found a prop that so far, without looking inside the prop, meets my criteria. My by research, if the property is in average condition...

I'm back with another question... Within the next few weeks I'll be ready to start making offers for my first IP. I've never done this before, never made verbal offers either. I was hoping someone here could list a sort of step by step of whom and what is involved at each stage? I've been...

I realise the costs of holding a property will vary but is there a % or something along those lines I could use for a rough estimate? Such as purchase costs being around 5% of the purchase price. How do you guys work it out? Thankyou

Hi all. I'm looking to purchase my first IP asap. A number of people (including an accountant that did my tax return last year) have suggested that I wait until the beginning of the next financial year before buying, for tax purposes. This had something to do with, offsetting rental...

Morning everyone. I'll be purchasing my first property in a few months and I'm trying to think of ways to add value that are within my means and appropriate for the area in whick I'll be buying. I thought about extending the living area of the property by knocking out part of an external...

Good afternoon everybody. I am hoping some of you experienced and wise investors can give me an “explanation for dummies” on how withdrawing equity from an investment property would affect my financials. For example (in simple terms) if I had an IP valued at $200,000 with a loan of $180,000...

Hi everyone. Quick question here from someone who has never taken out a loan of any kind or used credit in their lives. I'm looking to purchase my first IP mid this year and would like to confirm how much I will be eligible to borrow. So who should I go to? A bank? Or Mortgage broker...

Evening everyone, This is my first post on the site. I must say it's full of useful information and I've found my self logging on every day reading over previous threads. I'll start the post with my question, as to hopefully keep your attention... When you purchased you're first IP, be it...