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Hi, Given that there is often a reasonable amount of negative or bad news stories posted, I thought I would let you know of a real estate agent who has gone out of his way to help me. I am trying to get my properties refinanced and to assist in achieving the best outcome I am after the most...

I had a chat with a Buyer's Agent today who has recently returned from a trip to Townsville. He suggests there are limited opportunities in Townsville at the moment and goes so far as to say that prices have gone "ballistic", yet rental yields are still low (4.5% - 5.2%) even though vacancy...

Hi, For those who are interested, the ATO now has the 2006/2007 Income Tax Withholding Variation Application form on their web site. It can be found here: http://www.ato.gov.au/businesses/content.asp?doc=/content/6650.htm I couldn't get it to work using Mozilla Firefox but it worked...

Hi, This is a question for my acccountant, but I would be interested in hearing how others would handle this situation. I have 4 IPs but only recently set up a line of credit facility. Some of that credit is being used to fund IP4 - the money borrowed to purchase IP4 is a combination of an...

Just thought I would pass on some information I found out recently about Landlords Insurance. If you have a Landlords Insurance policy that was organised through a property manager, the policy is no longer valid if the property management arrangement is cancelled or transferred to another...

There have been a few threads recently that discuss various issues around property investment in the United States. My level of interest has been raised and I would like to learn more. Some months ago Acey posted a list of US based sites that he believed were worth while reviewing. Neither he...

I have booked airfares from Adelaide to Cairns, Cairns to Gold Coast and Gold Coast to Adelaide in late October. Got some good prices and the dates are outside of school holidays, so the queues at the theme parks in GG will be short etc. Doing really well or so I thought. We arrive in GG on the...

I e-mailed my PM in Cairns yesterday as I was concerned about the number of minor repairs and maintenance tasks that have been required lately. I asked that where possible, she wait until there are a few jobs that could be done by a maintenance person, rather than contacting a plumber one day, a...

I have a few questions related to exactly what can and can’t be claimed as tax deductions for body corporate fees and charges. Let’s use a hypothetical example of body corporate fees of $1,000 per annum, that comprises $750 administration fees and $250 contribution to a sinking fund. In...

I am hopefully about to buy my 4th IP, having just submitted an offer today. I am in Adelaide and the IP is in Cairns. The current long term tenant wants to stay on and I am happy for him to continue as he appears to be doing the right thing by the property. My other 3 IPs are managed by PMs...

I need some help regarding financing my next IP purchase. I currently have a PPOR with a LOC facility that we have not yet drawn on - essentially, the PPOR is "owned" by us (i.e. there is no money outstanding on the loan, but the bank still holds the mortgage document). I have 3 IPs and all are...

Hi. I am having a bit of a hassle with a townhouse in Queensland at the moment (I live in Adelaide) that somebody may be able to help me with. To cut a long story short, the property managers (PM A) who were looking after the townhouse for me sold the property management part of their...

Hi. I am based in Adelaide and have been doing some research on the following areas in Brisbane: Kelvin Grove/Herston and Bowen Hills. I am considering purchasing a new/relatively new unit/townhouse in one of these areas as they appear to have a good supply of potential tenants...