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Hi there, We are just about to buy our 1st IP and I was wondering who here uses a letting agency to look after the property. I can understand using them when you don't live nearby but are they worth using when you live close and can keep an eye of the property yourself? Thanks

Hi forumites, I have been working out how much it will cost me and my partner a year to hold an apartment worth 300k as an investment and was after some feedback. Lets say we borrrow the full amount, my calcualtions are: Costs Interest $27,000 a year (based on 9% interest) Strata...

Hi forumites, Me and my wife are looking at buying the Brunswick. I have read quite a bit on the forum about the suburb and also have friends who live in Melbourne that say the suburb is very up and coming/trendy. With the current heat in the inner city suburbs I'm finding it difficult to...

Hi Forumites, I'm looking at investing in the Melbourne market and particulalry fancy Brunswick. I'm wondering if some locals could tell me if they think it is still possible to buy a house in the area for 500k? Thanks

Hi everyone, I'm hoping to secure my 2nd IP this year however this year I'm looking interstate. I was wondering if before buying interstae do people go and visit the area. I'm happy to buy without physically viewing the property but then also wonder how easy it is to be able to trust the...

Hi fellow forumites, I'm keen to purchase my 2 IP in the next few months and have been looking at Henley Beach in Adelaide as an area of interest. The difficulty being I live in Sydney and so I'm looking for any recommendations from the team here of who any good agents in the area might be...

I was wondering from an Investors/Forumites view what they think of investing in new devlopments? I understand that depreciation is great however with little to no room for improving on the aesthetics do investors prefer to stay away from it. Thanks

Hi fellow forumites, I was wondering if anyone had had many dealings with councils in the Sydney area and if they had what ones that thought were the easiest to deal with. The reason why I ask is I want to do a small development (like a duplex) but want to try and avoid have the plans in...