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  1. J

    Drug lab in IP

    Needing some advise. I have been advised by Qld police of a small drug lab that was found at one of our rentals. After speaking with QPS they told me it was contained only to the garage and it is believed that they were manufacturing speed. The tenant remaining is vacating in two weeks, I will...
  2. J

    Commercial Auction Tips?

    Looking for any tips on bidding at auction on a commercial building? Advertised as receivers sale. The premises is currently under a new lease for 12 months with 2 year options (lease will cover holding costs but thats about it). We would be purchasing to move our business in once our...
  3. J

    Selling an IP to pay down PPOR

    Hoping for some opinions that will can help us explore the pros and cons of selling one of our rental properties to pay down our PPOR. We have a number of rentals so this wouldn't mean leaving the game by any stretch, just reduce our non deductible debt. The numbers are as follows Rental...
  4. J

    Passing on outgoings.

    We are both commercial landlords and tenants. As a tenant I have always paid outgoings - insurance and rates. My question here is relating to council early payment discounts, are we entitled to them if we pay the landlord within the discount timeframe? As a landlord we are in the process...
  5. J

    So whats next?

    Well I am sure I am not the only one thinking "well whats next?". We have built up our portfolio to just under 5mil in value and not far off them being positive (Lvr is at 59%). Still have some debt on our PPOR, but should have most paid off by the end of the year as we are selling a business...
  6. J

    Commercial Management in Ayr and Home Hill

    Hi everyone, calling for your opinions please Snapshot of our situation - We have 5 shops at Ayr currently under management. Shop one is a Conveniance store with a 3 bed residence attached. renting for $1094/month Shop 2 and 3 are a Butcher Shop (tenant has been there for 30 plus...
  7. J

    North Brisbane Investors????

    I am just wondering if there is anyone on this forum who is similar in my area that may want to catch up some time to share experiences / mentor each other. My partner and I are 23 and 28 and live on the Sunshine Coast. We have 14 residential IP’s from Caboolture to Cairns (some of these...
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