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Hi all, I own a couple of properties under my name (no PPOR) and will open my own business this year as a side project while still being 100% employed at a financial institution. This side project / business will be owned by two or three persons jointly (some have properties under their own...

Hi, Just seen a property available for rent being advertised as "Rent offers over $725" and was wondering if that is legal in NSW? I was under the (maybe wrong) assumption that 'rent auctions' are not allowed. Cheers, Void P.s. the ad in question...

Hi all, after a couple of buy-and-hold IPs I have decided to give the more active IP business a go. My goal is to buy a subdividable block of land within the next 6 months and have given me roughly: 1 month to find four areas I will focus on researching. 2-3 months to do detailed...

Hi everyone, I guess I fall under the category of long time SS reader, but rare poster :) I am pretty excited as I have already reached my goal for 2010 which was to purchase 2 IPs. After months of reading and evaluating I was lucky to join a mate of mine to travel up to Deception Bay QLD...

Hello everyone, I'm currently looking into buying a property in Bell Park with the intention to subdivide later on. I've done quite a bit of research and think it's an 'ok' suburb to invest it - but I would be interested to hear some forum member's thoughts on Bell Park or Geelong in...

G'day, my first IP is coming up for settlement quite soon and I was wondering if I should organise someone / a service to check if the builders have actually installed the agreed fixtures. As I don't live in the same state I can't do this check myself. Any input is highly welcomed ...

Hello everyone, I was rather close to buying my first IP near Frankston (south of Melbourne) - close to the new Eastlink - and I still think the location is quite nice. But with the current subprime / global credit crunch, I'm really considering to chicken out of the whole deal. :o I know...

G'day, I'm currently looking into buying my first IP close to Melbourne. The property will be negatively geared and it is possible that I'll move overseas in a couple of years for a few years. I was now wondering what exactly would happen tax-wise while I hold the property, and when I sell...