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A couple of years ago, one of the property magazines I bought had a CD attached that was by a young woman who was spruiking about how she had made millions of dollars by undertaking a unique Development approval process. It was something like: identify a property that had DA potential, knock...

The Weekend Australian ran an article in the property section that mentioned the future development proposals for Karratha and other Pilbara towns. A $1.5b improvement for the Karratha town centre that includes 1500 resi blocks linking the township to the coast. Ant thoughts on what this...

Hi all, The Australian reports that free land will be on offer for developers in places like Karratha to stimulate growth and bring down the cost of housing. Has this been said and/or done before, and should I be worried?? My recent research into the state of the rental market there...

Is anyone thinking of buying in Karratha. A friend of mine passed through there recently and reported a lot of home building activity. I wonder if there are any land releases coming up from Landcorp or major housing projects that might affect rents or prices? RE.com still shows prices...

Hi All, Has anyone had experience with DHA properties. I am thinking of adding one to my portfolio. The yields are low but the long term nature or the tenant is attractive. Anyone got any views?? Pango.

Hi There, Can anyone tell me the answer to this problem. I currently have 3 IP's, and I would like to move into one of them for a couple of years. At present this property has substantial debt allocated to it in a fixed IO arrangement that still has 18 months to run. I have...

Hi All, I have been disappointed recently by the lack of enthusiasm shown to me by my Accountant of 27 years. He is also interstate so I am thinking its time to look for an acceptable service provider closer to home. Can anyone recommend an Accountant in Cairns that is up to speed with PI...

Hi All, I have been disappointed recently by the lack of enthusiasm shown to me by my Accountant of 27 years. He is also interstate so I am thinking its time to look for an acceptable service provider closer to home. Can anyone recommend an Accountant in Cairns that is up to speed...

Hi There, I have 3 IP's at present and I am about to do a revaluation, draw down on equity and set up an offset account as I have run into some problems now using the redraw account I have bumbled along with for the past few years. Question is, do I need to have an Offset account...

Broome is on the cusp of an interesting transformation from a tourist town that supports the Pearling industry (or vice versa) to one that will now be supporting the oil & gas venture on its doorstep. There has been a noticeable reduction in the number of houses on the market as a result of...

I feel like a goose just finding out the differences between Offset accounts and Redraw accounts. I have been investing for about 3 years now. I recently funded a boat purchase using money I had stashed in the Redraw account that I use with an IP loan, which has now delivered me some...

Is there a State that is better to purchase in from a Stamp Duty perspective. I know that this Tax was abolished in some states up to a certain amount, certainly for owner occupiers, but has it been relaxed anywhere for Investors. If anyone has any state to state comparisons on this it...

Hi All. I seems it may be time to look elsewhere for funding to grow as I appear to have hit the serviceability wall. I have been with Westpac all of my investing life and done very well from the arrangement. IP#1 Built 2003 cost 380k, current val =$1m IP#2 Bought 2007 cost $695, current...

Can someone please explain just what this strategy entails. Also, is this strategy useful in the current property climate. Most people are reporting that agents are not in the mood right now to bother with below asking price offers. Any other strategies for buyers that might help...

Hi there everybody, I saw this article in The West Australian this morning. Some interesting points made, particularly regarding the solid state of the market there. It would be interesting to hear what other NW investors have to say about Karratha and Port Hedland as potential places to...

Im sorry to ask this question again as Im sure it has been explained many times before but: If I was to sell one of my IP's to reduce the debt on my portfolio, will I have to pay CGT on the amount before I can do this, or is it CGT exempt if I am using the funds to pay down debt. Pango??

Has anybody had any negative experiences with managed apartments. I am in discussion with an agent on a 1 bed studio apartment in central CBD currently under 7 year lease with major company. Returns around 13k after all fees and charges. Purchase price 220k. The building is 3 years into...

Can anyone tell me who controls the time frames for repaying home loans. I have been reading some interesting threads about government incentive schemes and the like. It would seem logical to allow people longer periods to pay back the mortgage as one way of alleviating the "monthly" cost of...

Some time ago I posted a thread highlighting what I believed was undervalued properties in Cairns. Specifically I was talking about the Clifton Beach, Palm Cove areas but I also see this trend in other beach suburbs. Presently, decent blocks of land in Cairns,in good suburbs like the new...

Can anybody tell me who, or what sort of organization would handle a block subdivision on behalf of someone. My mother in-law is on 2 acres in Mt Eliza Vic. and is thinking of cutting the block in half to reduce the upkeep and workload. Obviously, it would be very difficult for her to...