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Hi guys, I need to have a look at my finances in a bit of detail as I am close to exceeding my risk tolerance and am sure there is a better way of managing things. Would be highly appreciative to draw on the collective views on the forum to see if I can get some advice – brokers and average...

Received notice from the CBA stating: I know this may be straight forward to many people but any notice from the bank makes me nervous. Is this a good thing, a bad thing or indifferent? Are they just saying that the way my interest is calculated is changing? Will there be any practical...

Hi Guys, The dust has settled on my first renovation project and I am keen to start progressing some of the major works. The major job that I am keen to get completed is the removal of a structural wall to provide an open plan living area. This will allow me to turn the current sitting...

Hi Guys, I settle tomorrow on a property in Bassendean and am looking to get it fully re-stumped as the first task. If any one can point me in the direction of a reliable and cost effective tradey it would be great? Cheers - Craig

Hi guys, An avid reader but infrequent poster, I have finally bitten the bullet and purchased my second property (first one being an IP in Woody Point, QLD). After much debate over a second IP interstate or 1st PPOR locally in Perth, I opted for the PPOR option. Drivers behind this decision...

Hi guys, I was speaking to a friend who is chasing some assistance on the potential Capital Gains Tax implications on their soon to be IP. He recently purchased a PPOR with his partner and they will soon be moving in and maintaining his partners house to an IP. They would like to know whether...

Hi Guys, I currently own 1 IP and looking to purchase a unit as my second in the near future (either in WA or NSW). 1 strategy that I am currently exploring is purchasing a unit with the potential to add an additional bedroom (just adding walls not removing any) to add value. I was hoping...

Hi guys, I have never purchased a unit previously however am currently exploring the market as I feel it may best suit our current needs. I am however struggling to understand the rationale behind strata fee price variances. I fully appreciate that the greater the services typically the...

Hi guys, Hoping for some clarity on my situation: I currently own 1 IP purchased in 2007 and have never lived in it so when purchasing my first PPOR I am aware that I am still eligible for the FHOG. The question is how will my stamp duty be affected if purchasing this PPOR in WA for around...

Hi Guys, As a newbie - I have a couple of probably very simple questions. We currently own an IP in QLD however have yet to purchase our 1st PPOR. With rising rents over here in the West I have started to have a look at the unit market as an option for a short term (3yr) PPOR with a view...

Hi guys, I am looking at making the leap to IP 2, however am aware that my serviceability may be tight. I have read a couple of places that some lenders factor the potential rent return from the proposed property at different rates (i.e. most at 80% some more). Just wondering if anyone was...

Hi Guys, This is my first post, so please be gentle. I am very new to the IP scene having purchased 1 interstate IP and still having no PPOR. I am now starting to think about IP 2 and wondering if anyone had any advice on an area to buy the following: I am ideally hoping to purchase below...