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Hi I use Sawn Realestate speak to Leh. Had no problems Cheers

Insulation Hi The requirements in QLd now is batts for walls and ceilings. The certifier has requested us to install batts in roof (no.3 ) in our IP reno house. More cost but I suppose it will work out in the end. The interest rates are on the way down . regards...

stairs Hi Just a reminder if building a set of stairs there are 2 standards in QLD. building code and building standards. I had big problems with my IP reno. Got them built to the building standards and the certifier wouldn't pass same. Had to get another one built to the building...

Query Keep the posts coming in. Great info all around. Is there a formula for working out what would be a fair rent for an IP? With interest rates moving North one must try to get a reasonable return for one's investment. Cheers Geoff

What a dude, There R some safety issues here Geoff

My age is 62 currently have 4 IP's working towards number 5. Now I only started 2 years ago . Really enjoying arranging finnace ,buying ,reno, than rent. geoff

Hi I'm a Paramedic working shift work at a small station in QLD . In my free time I'm currently reno a house for rental, should be finished in a couple of months. My wife and I R enjoying the reno work, My wife does the painting and I install the kitchen, bathroom etc. What I...

buyer beware Sailor is correct . Please have a pre purchase inspection report carried out by a tradesman. There r some traps in buyer beware and suffe the consequences. The councils in QLD R getting very strict and there is a possibly of a fine if specs aren't followed. Geoff

Kegger U R a bit rough with the hammer & chisel Glad it worked out Geoff

interest rates- where 2 from here Hi I hope interest rates doesn't go to 16 - 18 % as they did in the 80s. If this happens it will sort us out. Would make living on a tight budget interesting. What's your guess? Cheers geoff

Must have a building inspection done , My builder charges $220.00 for a written report. then u know what has to be done to bring it up to scratch. Last IP we purchased the report showed the car port wasn't cleared by the council , so the vendors had to fix that up before the sale went ahead...

doom & gloom Hey Some of U R forecasting doom & gloom. Keep looking 2 the positive, it will ride itself out. Geoff

Thanks for sharing your life path. one needs to make a decision to buy the first IP. I'm looking at No. 4 in 18 months.Working through the figues on Xl in a spread sheet I drew up on my lap top. -G at 5.11% yield. Geoff

We purchased our first Ip in June 2006 and now have 3 , looking for more. We have an IP in Brisbane .Main Roads purchased the other one for the Ipswich Motor wayin oct 2007 . We also have 1 in a country town and relocating another one to the same town. Looking at another one in the same town...

interest rise Boy if interest climbs over 10% some of us will B in trouble including me. Geoff

I agree Don't mix family with money. can cause all sorts of headaches later

Thanks I'll open it up Geoff

Hi can anyone identify at what stage is classed as the lock up stage . I have a house being built in Brisbane and the builder has requested a progressive payment for the lock up stage. At present the brick work is not finished, only wall studs R up ,not cladded,outside doors R locked...

Lisa , U have done very well. I have 2 IP and another where the Main Roads have indicated they R going to purchase for the Goodna bypass. Been negotiating for 13 months, haven't reached a win , win solution , may need to make public what has happened. Geoff

property depreciation schedule Much better value to pay a professional to write a report on the depreciation, comes in yearly amounts , Accountant then follows the pages to gain the maximum depreciation. Geoff