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    Advice welcome

    Hi guys- I'm 32 and my wife is 27, just had a baby 2 weeks ago. We moved to coastal Victoria around 3 years ago for great career opportunity, sold PPOR back home and purchased home here that we lived in for 6 months before turning it into an IP. We also purchased another PPOR...
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    Renting back IP to current owners

    I am purchasing an IP from my best friend who wants to rent the property off me for 12-18 months while they build a rural property. I have another IP hat I have managed by a PM however, I find no sense in having this one managed by a PM because of our relationship history. I absolutely listen to...
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    Cgt

    I have owned my own PPOR for 5 years now and started renting it out 9 months ago. I moved back home with my folks and 2 months ago purchased another house which will be my PPOR when it becomes liveable later in the year. It is a shell and needs massive renovation and extension to become liveable...
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    Cgt

    Hi all, have a little dillema that i am unsure about (re-CGT)and thought this is the best place to find out. I purchased my first property (PPOR) 5 years ago and lived at the house until mid last year. I then moved home with my folks and rented it out whilst saving for another...
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    Is something wrong here?

    I am still awaiting confirmation from StGeorge as to whether or not my finance will be approved after 4 weeks and still no answer. I have a PPOR valued at 290k and a loan of 245k. I also have a deposit of 57k. I have signed a contract on a property at $495k. The stamp duty is only 15k because i...
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    Pascoe Vale?

    Any thoughts on Pascoe Vale people? I like the area personally, just getting a feel for other peoples opinions on the suburb.
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    A few questions from a newby..

    Hi guys, i have been a keen viewer of somersoft for a year or so now and love learning from everyone. Both me and my partner are in our mid 20's and just bought our first IP. We have a PPOR that i have owned for 4 years. We are going to move into our IP for 6 months (due to my partner qualifying...
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    Underquoting???

    Hi all, i have had my finance approved for my first IP but im getting soooo frustrated at wasting my weekends going to auctions that have an estimated price range advertised and then the property being passed in for a much higher price. If a property simply gets sold for way over the estimate...
  9. R

    Pascoe Vale- Oak Park?

    Thoughts on these suburbs guys? good rail, nearby schools, sporting facilities, close to city etc...
  10. R

    brokers or lenders?

    Hi all, just hoping to hear from anyone on here that can recommend a broker or lender. Met with my lender from my bank the other day to try and get finance for my first IP. Already have PPOR with 40K minimum equity. I am 27 and my partner is 23. I am on $115k per annum and my partner $65k. Both...
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    Niddrie

    Any thoughts on Niddrie??? Pro's and cons?
  12. R

    Travancore

    Hi all have been looking around Essendon/Moonee Ponds for my first IP and stumbled accross Travancore and in particular a street that both my partner and myself fell in love with (Mooltan St). It is a beautiful tree lined, quiet street however we have found that there are an unusual amount of...
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    Going to inspection for 1st IP- any thoughts?

    http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=105022707&f=20&p=10&t=res&ty=&fmt=&header=&cc=&c=6610909&s=vic&tm=1232273878 Im looking in suburbs such as Yarraville, Kensington, Essendon etc. What are peoples thoughts for my first IP- My partner and myself are 27 and 23 and looking...
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    1st IP Melbourne

    I am 27 and partner is 22. Already have PPR with loan of 249k but worth 285-300k, 10k in savings and saving very steady now. We dont have any kids or outstanding loans other than car lease on one vehicle, we own the other. I earn 100k a year and my partner 65k. We are looking to buy our first IP...
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    How long do i have to wait?

    I am a 26 year old single male earning approx- $100k pa. I bought my first PPOR around a year ago for $260k and i have approximately 25-30K equity now. I am super keen to buy my first IP- How long will i have to wait until this is possible. This is my first ever post and i am a relative new...
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