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    When to Sell Sydney

    Hi All, Contrary to all the buying questions...I am grappling with the decision as to when to put my Sydney(Quakers Hills) properties for sale. I have experienced good growth in these properties. Expected sale price should be region of 400-420K with current rental of 400p.w... The sale...
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    Repairing the external steps

    Hi All, Got a call from my Property Manager for Brisbane unit complex that some of the concrete steps are now broken and need repair/replacement. I am bit lost here, as those I have spoken to have said to just go and replace them with timber step planks. Ideally however I will like to...
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    Repairs by PM vs Self arranged trades

    Hi All, I have a 5 unit block in inner city Brisbane and have a question regarding the repairs. Usually here in Melbourne(being local), the Property manager advises me of the repairs and i arrange my own trades person to look into it. However In Brisbane however i am seeing trend where...
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    Insurance applicable to block of units

    Wish everyone a very Happy and safe New Year :). I have just been able to put a block of units in QLD under contract. It’s a block of 5 individually titled and rented units. I have been advised and have taken up Strata Insurance with Wesfarmers Insurance for the entire block which comes with...
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    Zillmere/Aspley vs Runcorn, Sunnybank

    Hi All, Thinking about purchasing an IP in Brisbane and the areas that i have narrowed down through my research are: 1- Aspley, Zillmere/Carseldine OR 2- Runcorn/Sunnybank area Budget = Low 300's(300-325k) Aim is to get a 3 bedroom town-house in a smallish complex with low BC. Gross...
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    Underpinning and Termite Issue in Goodna, Redbank

    Hi All, I had posted this thread in the "Other forum" but did not get any response so re-posting it here as it may be more appropriate here... Looking at a property in Redbank, Goodna area and have come to know that there was some underpinning work on a wall done 10 years ago. No further...
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    Underpinning and Termite Issue in Goodna, Redbank

    Hi All, Looking at a property in Redbank, Goodna area and have come to know that there was some underpinning work on a wall done 10 years ago. No further issues or any other such work has been done after that to this property and nothing else which is visible to me. There was also some...
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    Going to VCAT

    Hi All, I have a VCAT hearing scheduled for tomorrow as i had applied to VCAT to make the claim on the bond of the tenants who just vacated. The reason being that the tenants broke the window air conditioner grill which they claim got broken when they were trying to clean it prior to...
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    6 Star energy rating affect on Construction Costs

    Hi All, As i have been focussing on buying additional IPs to grow my portfolio, i have been putting off construction on two vacant blocks of land that i have in Berwick-NW area in outer SE Melbourne. They are adjacent but have single dwelling covenants on them so only single family homes can...
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    Strata Manager Charges

    Hi All, I currently own 4 townhouses in a 8 townhouse complex in Western Sydney, NSW. I have received a notice of AGM and alongwith that the Balance Sheet and the Income and Expenditure statement for the past year as well as Proxy Appointment Form in order to appoint Strata Managers for the...
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    Short Term Accomodation wanted in or near Brisbane

    Hi All, I Have been searching for some short term (7 to 8 days) accommodation that i want in or near Brisbane, Gold Coast, Sunshine Coast(1 hr radius) from 25th Dec 2010. Will prefer an apartment or house, cottage etc rather than a hotel room and was wondering if anyone has any place to...
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    Being Creative with the Shed

    Hi All, I have a property in Croydon, Victoria on which i am currently applying for a backyard subdivision. Now on this property i have a very good quality shed measuring approx 12m * 6.5m. This was installed previously by the original owners of the house barely 3 years back on a concrete...
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    Granny House - Building

    Hi All, Have been thinking of putting a Granny house in my backyard(for our personal purposes) but i may rent it out later when not in use. Basically a 1 or 2Bedroom basic cottage approx 8sqs of living. I was wondering if anyone here have built one. How much does it cost? I am in Victoria...
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    Conveyancing or Mobile Banker?

    Hi All, Have finished IT contract recently and with the way the market is going it seems it will take a few weeks(or months :( ) to find another one. I am not under any sort of financial stress as such as i have been able to setup myself for something like this and take up to 2 years of...
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    Self Management

    Hi All, I have decided to give the PM of all my IPs to my father. Although he has not involved himself in direct PM before but he is quite experienced in the field in general with the tenancy law and dealings in the RE sector throughout his life. He has also familiarized himself completely...
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    New Purchase

    Hi All, Just thought I will share with everyone here my latest in outer -east Melbourne(Boronia). Well it’s under offer pending the usual Building and Pest Inspections...
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    Interest Deductibility

    Hi, The question I have relates to apportioning the deductible and non-deductible interest in the loan. I have a PPOR loan for 190K and have 50K in the MISA account with CBA. I actually want to use this 50K as a deposit for my Margin Loan and buy some shares. What I wanted to know is that...
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    IP Expenses

    Hi All, I just wanted to enquire how this works from accounting point of view: My father, age 60+, is basically retired and earns approx 6-7Kp.a at the moment. He agreed to do my book-keeping and records maintenance etc for my IP expenses since January this year. It has been agreed that i...
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    Depreciation Estimator on Depreciator website

    Hi All, Has anyone used the Depreciation Estimator given on the www.depreciator.com.au. It costs $45 only and might result in good savings over using a depreciation specialist. It goes through all the rooms one by one and asks the relevant questions...Has anyone used it and any comments...
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    Treatment of Franking with Margin Loan

    Hi All, I am beginner in the shares investing world so please pardon my silly questions here. However, I will like to get a hang of how the franking credits will work in conjunction with the Margin Loan. For e.g lets say I have following situation: own money 3000 loan 7000 Total 10000...
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