I am considering buying a small block of units (3-4 units) in Brisbane or maybe GC, for next IP. Interested in going down this path, as the rental yields appear higher than just buying a house, and to diversify from just having houses as IP. This would be my first unit block purchase. Any...
We had a roof leak in IP end of last year. Insurance assessed and said they'd cover providing leak is fixed. We got Company A to quote to repair leak, sent to insurance, who were happy. We paid for fixing the leak and insurance paid Company B to have the internal damage repaired.
Recently, 2...
Just purchased an IP.
The agent calls today and says the previous owner has been paying a gardener to maintain the lawns... Apparently he bought the house from him. Anyway he ask if I would continue?
I was wondering if anyone else pays for gardening of their IP? I certainly don't for...
Hi there
We are in the process of purchasing a IP. The bld isnp raised a few issues, including the concrete retaining wall that is cracked and a section that is wobbly. I am trying to get an estimate of the cost to make safe and repair.
I have attached the photos. I know this would only...
Hi
I'm planning to do some reno's on a IP in Sunshine Coast. Budget 20-50k.
Old 1970's 4bdr cavity brick house, split level. Structurally solid great location. Est 500k ATM.
Would appreciate an estimation re the time, cost and any other advice from the experienced ones on the forum:-...
Hi
My parents have a nice block of land in Sunshine Coast, which they have had for many years.
My brother & I are thinking of borrowing to build a holiday home for them as they won't be able to afford it. It would be used by them maybe 2-3months a few weeks (and maybe 2 weeks by us as...
I recently sign a contract with a MB to fund the purchase of a new PPOR.
But just after I posted it, the bank called me and offered a really good deal. The MB knows I was speaking to them as well. I haven't told her I signed it but have mentioned the deal, which she is trying to match, but I...
Hi everyone.
I have been adviced by my accountant to buy our next PPOR in a trust, as both my wife and I are in high risk jobs. The main problem is with this (apart from the extra cost) is the CGT.
But apparently we could have a "long term Lease agreement" in place which would allow CGT...
Thanks to everyone contributing to this forum. The advice, tips and discussions have been useful for me. And I have finally purchased my first IP in BNE! The IP is a lowset house, about 20yrs old, currently rents for $300/-. The kitchen is looking dated and also needs new oven/cooktop...