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Hi there, My partner and I are moving back to Melbourne after living overseas. We are planning to buy a lifestyle block (minimum 1.5 acres) and spend a few years renovating and adding value to the property then selling it after about five years (we are buying it to live in and enjoy, but want...

Hi there :) Has anyone borrowed in NZ with a 10% deposit while on an overseas income? Here is our situation. Would love to hear of other's experiences. My fiance is a Kiwi with a high income earned in Australia. We own three properties in Oz with AUD300K equity at the moment and enough money...

Hi all, We recently had to evict some tenants for non payment of rent and there was a small amount of damage done to the house. In addition the tenants took all the light bulbs and smoke alarms with them. I am looking at the insurance claim form and there is a note in there stating that...

Hi All, We have a bit of a predicament with an IP we own in Victoria. The house is a large, old, high ceiling'd four bedroom weatherboard house. While the house is functional and in good repair, it is typical of many houses of its age with poor heating, insulation etc. In recognition of this...

I have just had a request from our new tenants for keys to some locks that we consider unneccessary. We have just turned our PPOR into a rental property. It is a ground floor apartment, with a sliding door out onto the patio that faces the street, and a sliding door out onto the patio which...

Is anyone able to recommend a good PM that services Southbank/Sth Melb? Has anyone used PMs at any of the following agents? MICM - St Kilda Road Buxton - Albert Park Carroll McKeddie - Sth Yarra Biggin Scott - Melbourne\ Dingle partners - Melbourne Hayden RE - Melbourne Any...

We are in the midst of swapping to a new PM due to our current one being seriously slack with getting repairs done etc. this is our first IP and we have had it for three years. it is in a small country town and at the time of purchase there was only an option of one PM in the area. recently a...

My partner and I bought a property on Thursday and it appeared in the sale results in the Herald Sun today. I noticed that they said it sold for 10,000 more than it did. I've spent the last couple of years checking results in the paper during our searches for properties and always thought...

Hi All, My partner and I have found an IP that we think may be perfect for us. We have just started looking in that area and havent had time to do much DD yet. The auction is in 10 days (I would usually avoid auctions, but like I said, at the right price this place would be perfect). What...

An financial advisor we respect has recommended a buyer’s advocate to us to buy an IP in a highly active market (Frankston). The advocate (apparently one of Melbourne’s leading advocates) claims to have close relationships with the local agents and access to properties before they are made to...

Does anyone know of a lender who will lend against the equity in rural land? We’d only be putting in a 5% deposit and would therefore need LMI

Looking at a potential IP at the moment but just found out it is a brick clad house (stick on brick). My dad (an architect and builder) says they’re a big no no. We are mainly buying for the CG and future development opportunity but would like to rent out for the next 5-10 years until we...

Hi there guys. I'm would love some advice on what is should be my next step in investing in property. My boyfriend and I have spent the last few months learning about PI. I've read the suggested books on this forum to bring me up to speed and we have decided to start looking for a place in...