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People, I'd like to know what's your thoughts and comments regarding investing existing unit / town house in the following area: Holroyd, Harris Park, Parramatta, North Parramatta, Westmead, Wentworthville My goal is to have one or two IPs in one of those area above since they are in...

People, Since I live in NSW area, I'd like to know what's the caveats and risk when buying investment property in Brisbane (Off The Plan) using my Superannuation (through SMSF) ? Since the price is lower than Sydney and I have got enough Super balance to cover the deposit (20%) I wonder if...

People, As a newbie who is now trying to buy Investment Property, I've got some question regarding the making an offer between two properties below within the same building complex and same address but different level: Unit A: 1st Inspection Thursday 6PM, Agent-A says offer above $600k...

Hi, I?ve got a question regarding a correct financial structure to allow me buying one IP and then use the equity that is gained in the past 3 years. Here?s my current scenario under single Banking Institutions: I?d like to know if I should apply a Line of Credit Account (LOC1) that is...

Hi, My tenant living in a one bed room apartment with a private bathroom in an old building. (no swimming pool or other common area). There is a problem with the bathtub plumbing issue which has caused the units underneath this one studio apartment lodge a complaint of water leaking. So...

People, I'm interested to buy house and land package offered by some of the real estate agent in Sydney in area like Schofields and Edmondson Park. Since it is house and land package, what are the inherent risk or the possible risk given that the area growth is all confirmed by the local...

People, As a rule of thumb to ensure Capital Gain and attracting prospective tenant, I'm trying to avoid areas with high crime rate and housing commission. How can we know the housing commission lcoation in a suburb without going to drive around or ask the local people ? and what about...

People, I'm looking to invest in Sydney area for a long term Capital Gain IP and perhaps moving on to the property as PPOR few years on. so based on further browsing on the internet and this forum, here is my summary of findings to limit the scope of the area for invest: Arncliffe...

Hi People, I have several IP outside Sydney area with the equity I can access to get some IP in Sydney area with the budget of maximum $800k. Which area should I buy or invest in for the long term ? I'm thinking buying a house & land package in: Penrith Canterbury Jordan Springs Newcastle...

Hi Folks, From the Land Lord or Rental Property Manager point of view, is it legally possible to ask the tenant to sign on the new contract with the increase of $20 with immediate effect ? Because the new contract that the tenant wants is only 3 months. With the following reason: 1...

Hi folks, I have just signed a contract for the renovation in my investment property to rebuild the backyard (new tile with some landscaping replacement) and the kitchen makeover (stove replacement). So in this case which component I can tax deduct for this financial year ?

Folks, I'm seeking your opinion of whether I should pursue this matter with the Land Lord insurance or ask for more damage claim from the tenant: During the period of tenancy, my tenant plan to rework my property backyard with the new brick tile, however he only doing it halfway by...

Hi folks, Is it legally possible for me to claim the Carpet Replacement and the Painting cost of my investment property for tax deduction at the end offinancial year ? if it is possible I'd like to include the cost of stove replacement and also backyard reworking cost as well. Thanks

Hi people, I have a home with a big backyard at the back of the property in outer city NSW, Just wondering if somehow I can have a piglet as my pet ? I know that this is not the typical domesticated animal but my kids would love to have some pet inspired by the cafe "The Grounds -...

Hi Folks, I'm still don't understand as to why the rental rate was skyrocketing high when the Negative Gearing was abolished a long time ago ? the following article confuses me. Source: http://www.yourinvestmentpropertymag.com.au/article/hands-off-negative-gearing-warns-reia-180767.aspx

Hi People, I've got a question that maybe someone here can clarify regarding family renting one studio apartment: Is it illegal to allow a studio unit to be rented by 4 or five people ? they are related to each other from one family (2 brother and 2 sister) As far as I know that it is...

Hi, Is it possible to tax deduct fully for the Car rental expenses and also the fuel fee for visitting the IP purpose ? I know that I can visit it using the train but of course with car it is more convenient.

Hi All, Can anyone please suggest me who is responsible to pay for the bathroom plumbing maintenance in the investment property ? Should I pay for this type of repair and then claim for EOFY tax deduction or shall I ask the Land Lord Insurance to cover this type of claim or the body corporate...

Situation: I have accumulated almost $50k in one of my used to be PPoR loan now has become my IP loan since I no longer living in the property. I still owe the bank approximately $ 150.000 in order to reduce the monthly debit account in my current investment loan. My Plan: I’d like to use...

Hi People, I'd like to know if there is any serious implication or penalty in becoming a "slum lord" or a land lord who rent out the property to many people more than it should hold ? Because when I'm going around in Sydney CBD area looking for a place for renting, it turns out that over...