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This is complete madness, yet, I know of know one other then you guys to share this with. Here's the situation. A family, eldest child just got car licence. They built their new home just before 1st child was born, nice adequate family home in a good suburb which has undergone massive...

Hi All I have done a quick ring around from the yellow pages looking for an accountant who can help me out. I need one who can kick start me along from where I am with the 4 IP's and move forward. The ring around got me answers like "yep, we got some clients who have RIP's". Just looking for...

Help needed to get Partner Interested in IP's Hi all Help needed to get Partner Interested in IP's This one I have been trying for a while now. I have put Jans book in front of her. Fwd the link for Rixters wonderful post about Stratagy. Shown her some of Nathons posts. Also other ones...

Seen Big Kev getting about the other night on the news, in a flash yank tank limo, made by a company thats gone broke. What's wrong with one at least made here in Aus then Kev? All the other PM's did, set a good example by trying, so on....... Or, if you out to impress, fine, at least do it...

Hi All I have attached a spread sheet I use to sort through the possible buys I have my eye on. These are ligitimate IP's available, I have removed the details etc, for obvious reasons. The details of last sold date and price, also how long and how much it is being advertised for is from RP...

Hi all I'm looking for a couple of handy links for some DD. I am looking at a block of units, I like what I see so far via the net. Now I am looking at the web sites of the council, local rag, jobs and other google bits I can find as I don't know the area. Are ther any good reliable sites to...

Hi All I'm doing my DD on buying some more IP's and I have come across something I'm slightly puzzeled by. I am looking at some units in a particular suburb which range from about 165k to 185k. These are close to +ve from day one. Yet in the same street-suburb and importantly same condition...

Hi All Just playing with alternative bathroom layouts for the PPoR we're renovating. I figure it is a big job to move the toilet with the slab, pipework etc. So has anyone done it successfully? Was it cost effective? Cheers

Hi all I got an observation for you. I see in my area there are many homes for sale just below $500,000. This is good for 1st timers etc. etc. I wont argue with the new encentives provided. But is it worth it? What I have noticed for an example is that a home which is worth 420k tops is...

HI Folks What to do about the local lad who has a Harley. A real noisy one at that. Now being the new guy in the street, I'm not going to go complaining, but I have found that no one else like hearing him drive up the hill real loudly either. The one good thing is he can't go to fast as...

Hi All Just thought I'd share with you that RP Data has a feature where you can see the rental history of a property now. I'm not sure how long it has been available, but when I last looked it was not there. So by looking at the sales history, it also shows the rental history of a property...

I just updated the spread sheet, and it tells me that after all expenses are paid, we got $65 a week in our pocket across the 3 IP's! With a 63% LVR, and good DSR, I best get crackin I think and find another one / or two IP. I Hope your doing OK with this lower interest rate we have.

Hi All Just wondering if it is normal for councils to charge a higher fee for Rates because the property is an IP. We recently moved out of a PPOR and turned it into an IP. Soon after we got a letter from the council asking for details if it is now rented etc. We complied with their asking and...

I'm not sure what to think about this one?? http://www.realestate.com.au/realestate/agent/prdnationwide+cairns+(edge+hill)/prnedg/homes+for+sale/105166307 It is about $100,000 to much for my liking, I'm sure I can buy that car cheaper from the car yard.

Had to laugh. Driving along recently, I seen what clearly looked like a sat nav type thingy which sticks to the inside of the windscreen go flying out the window into a creek opposite. I guess the constant talking was to much? Turn left Turn left Next exit Do a U...

Hi All I have been doing my home work here on SS, lots of it, found many great influences and bits of inspiration. Plus Jans book offcourse. I have then been comparing what I read to what I have done thus far with my property journey. I now realise that I don't have a strategy that I can...

Question? Do you get copies of the receipts from the various suppliers of goods or labour that your PM uses? In other words, do you get a copy of the receipt from the plumber or electrical retail outlet, for any goods or services provided to you by your PM which is used in your IP. I...

I'd like to share an email I got, interested in thoughts from SS forumites on this. How much truth is there in the rental prices dropping, as I see no evidence of this. The rest of it seems interesting. I removed details of who it is from. I can confirm from my own (non qualified)...

Hi There A change in our circumstances ment we've had to shift out of our home which we have development plans for and buy another house to live in. So in the mean time, wilst waiting to go with the development, we are going to let out the house to good friends. The first thing I said in finding...

We're in a position where we need another PPoR in a hurry, long story. I was hoping to use a 100% loan against my existing Equity in 3 other properties, plenty to be had. Bank has given a verbal Approvale and is happy with the figures, we made an offer on a home, now agent says must have a...