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PM was in court today, as tenant wanted to break lease, which we agreed to with her paying re-let fees and rent until new tenant is found, which is standard practice. Her grounds were that we haven't maintained the property, which is a load of crap - every single thing she asked for we had done...

We had an unexpected visitor yesterday afternoon, my husband's "big brother" turned up at our front door. My husband was adopted out as a baby, so was his older brother, and apart from a little digging around at Births Deaths & Marriages a few years ago, hubby had lost interest in finding his...

Hello I found this website when googling for an estimate on having some ceiling fans fitted in our home, and am so far pretty impressed. You log a job, just about every trade is included, and select a price bracket which you are willing to pay for the job. You only receive replies from...

Hi I have been looking at some units on both ends of the Gold Coast on the lower end of the market, similar prices and returns for permanent rentals. But, I'm having trouble deciding which area would be the best area to buy in - around the Southport or Burleigh Heads areas? Any input on pros...

Very happy with my latest deal. Purchase Price is $330000, my PM says should rent for at least $400wk, going on the photos only. 3 bedroom 1 bathroom highset 500m from Qld Uni Ipswich campus and site for brand new high school to be completed in 2010. I enquired about it 3 weeks ago, but it is...

Hi Is it just me or is anyone else having trouble reletting at the moment? I have had a house available for nearly 3 weeks now and have dropped the rent $20 from what it was previously rented at, to encourage applications. The house was rented for $390, when tenants moved out PM suggested...

I posted at the end of last week about a bank error where they had been charging us 7.34% from the beginning of our loan in February this year instead of 9.15%. This is part of the response my broker has received from them today: "The rate is in fact 9.15% but as it is a bank error the...

I received my first loan statement today for an IP I purchased in February. We fixed the interest rate at 9.15% for 5 years, and the first months loan payment was about $500 short. I rang the lender who explained that the way the loan was calculated, there would be some months where the...

I settled on a house on Friday, spent all day Saturday and Sunday cleaning up the yard, and cleaning the house to get ready for tenants. Last thing to do on Sunday was wash the floors, so I go to fill up the mop bucket with hot water, nothing comes out of the hot tap. Ok, they must have turned...

I settled on a house yesterday (am in pain now from a whole day of cleaning) and my property manager has already had a few enquiries about renting it. It is a big 2 storey house with 5 beds, and two bathrooms and loads of living space. PM plans to do a bulk inspection next week as there are a...

I just had a call from my mortgage broker about a valuation we had done last week on a pair of retirement units we wanted to use as security on a house I have signed for at Tivoli. I have been having mini panic attacks because I have found it hard to research the current prices accurately, and...

According to the Queensland Times, Ipswich is the place to buy. Which I am happy to read about as I put a contract on a 5 bedroom, 2 bathroom house in Tivoli on Wednesday, and the house I purchased in North Ipswich last July has already increased from $230000 to around $260000. :) There are...

Hi all Just signed a contract on a 5 bedroom 2 bathroom 2 level home which will convert into 2 seperate dwellings very easily. It is legal height under and has two bedrooms, bathroom, living area as well as private courtyard. Upstairs has 3 bedrooms, kitchen, air conditioned living areas, new...

With rental prices increasing, along with petrol, food etc, do you think there will be more people sharing houses? I've been looking at houses with either two stories, or granny flats, and wonder if many landlords are getting applications from pairs of couples, extended families (grandies etc)...

Had settlement on a property today,which already has tenants in it. I did a pre-settlement inspection yesterday, and one of the tenants said they were happy to stay there. (the current lease expires on the 24th of this month,and they are paid up until the first week of August) I got home from...

Can I put rental income into my mortgage offset account which is linked to my PPOR? I realise I would have to be careful about not spending the money,but it would certainly lower my interest payments each month.......

Yesterday I received my pest and building inspection, and have to say, I was totally unprepared for what lay within. The house I am buying is pretty old, but I thought looked in pretty reasonable condition for its age. The report however, is unscrupulous. It describes just about everything as...

Hi, I was wondering if other couples are like my husband and I. I have always been pretty ambitious (when it comes to making money), and have always been the one who scans the papers and internet, drives around to open houses on the weekend, sorts out the finance etc etc, where my husband is...

I inspected a house this morning at North Ipswich. Was very impressed with the condition and the location is great, less than 2kms to brand new Ipswich Riverlink shopping centre (or new CBD). Made an offer, was rejected, it was listed on Thursday and the owner's thought they listed it too low. I...

Hi, Long time Lurker here. I am looking at 2 properties today, both of them seem pretty good from descriptions, but they are quite different. One is a 4 bed 2 bath house which is weatherboard, has been repainted, new kitchen, bathroom on just over a quarter acre. It is about 20 minutes west of...