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Hi all, I am currently looking at purchasing a registered residential rooming house with 7 rooms and currently doing a due diligence exercise. The previous threads are great and I was just wondering if anyone can offer some advice (in 2014) if this is still a profitable venture. Thoughts...

Hi all, I went to an OFI today and really liked the property. The advert did not say a price range or expressions of interest nor did it say offers above etc. it simply advertised the property as "private sale" with a price of 500k. I advised that I would like to purchase the property...

Here's one for a Sunday afternoon, Scenario: IP Purchase Value: 235k IP Loan: 210k (23k Cash Deposit) IP Current Value: 320k (In short), If i sell the IP, I would be subject to 50% CGT which in this case it would be 320k - 210k = 110k Totalling 55k CGT Now my question is: If I...

Hi all, This post is open to all, however it has time constraints. any suggestions welcome, good bad or indifferent. Heres the situation: I have placed an offer for a house in Kealba VIC. Brick Veneer 585 sqm approx 20 squares 4 bedroom 1 x large Living 1 x even larger Rumpus...

Hi all, Just wondering if anyone can shed some light on this situation. My partner has a PPOR which she lived in for 1 year and is now in it's second year of being rented out (3rd yr in total). If she moves back within the 6 year CGT exemption, is there a minimum amount of time she has to...

Hi all, Just wondering if anyone has accessed a purchased property prior to settlement. I have just purchased a townhouse and would like to access the property 1 month earlier than settlement. The main concern is that my conveyancer has advised to take out insurance. I have called various...