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Strathpine I just settled on 3rd ip in strathpine, low set brick, 4 x 1 x 1, 607sqm on a quiet street close to rail/Westfield for 320k. Currently doing a quick cosmetic reno myself for $6k before putting up for rent. Had a agent and a few pm's call in and rent is estimated to be $380-$390 and...

Hi All, I'm settling on IP3 in early September and plan to give the place a quick freshen up before renting out. I'm going to tackle the painting and tiling, but will need a plasterer to fix some holes and cracks, an electrition to replace fans and lights, and plumber that can proved a...

Hi all, I usually do my own tax returns but I'm sure I'm probably not claiming everything I can. So are there any recommendations for a tax agent in Brisbane?

Masters tingalpa was offering free carpet laying when I was there last weekend

Thanks everyone!

Thanks for your patience Terry :) The mortgage registration fees, transfer fee, stamp duty and 20% deposit all came from loan D and F above and secured against the PPOR. The money went straight from the bank to solicitor who dispersed all funds. The full loan amount went to the investment...

Thanks for the replies everyone, sounds like I'm on the right track. Will definately contact Rolf or Richard for IP3 next year:) 1.One of the PPOR loans is fixed at <5% and the rest are variable.PPOR is PI and the IPs are IO. Not sure what you mean by how the money was used other than to buy...

Hi guys, Just wanted to get some verification that I'm not doing something silly with loan structure. I don't know any good mortgage brokers and don't seem to have the time Monday to Friday to try and meet with one. I have a PPOR and an IP and looking to finance another IP. All amounts...

Thanks everyone for the recommendations via the thread and PMs. I have sent of some emails and made some calls. Will let you know how I get on.

Hi all, I'm after recommendations for PM on Brisbane South side that can service the Tarragindi area. Anyome have someone they use and can recommend? Cheers.

Thanks everyone, I got hold of RPI (Darryl) and he has been fantastic and has gone above and beyond to help me out on short notice. Everyone has said 30 days from now wont be a problem so contract is signed and all is good to go.

Hi All, I went to the first open house for a place in Brisbane on Saturday and by 2pm there were multiple offers. The agent contact us for a best and final offer and was going to the owners that night. I put what I thought I would be happy paying for it in an email and sent it to the agent...

I went to an auction in Brisbane last night to bid on a house in Holland park. There were 6 properties being auctioned and all if them got passesd in. Four of them had no bids at all. One had two bids and the one I was bidding on had the most interest and had about 6 bids in total between...

Thanks everyone for your comments, I appreciate you taking the time to help me out. The market and area we (wife and I) have decided to invest is in Brisbane south east area up to 10 km from CBD which I'm happy with. It's the last bit, property, that I'm struggling with :)

So I have pre approval for 550k for an IP, and ready to buy. I have spent the last 3 months every Saturday morning looking at open houses in the area I want to invest in (Carina through to Mt Gravat East in Brisbane). I'm not able to find anything I like because I'm too fussy. I'm feeling I...

Hi neeko, I just removed 2 x 2500 liter bladder tanks from under my house and have them on gumtree for sale. The work fine and would be happy to keep them but they are causing a serious issue with the gal steel post the house sits on. When I put them in I put down a bed of cracker dust to...

Thanks, I will do some more research and go talk to the bank and see what they can do.

So is it generally better to borrow the full amount and pay the mortgage insurance on an ip than to use all your cash as a deposit?

Few reasons, my wife and I are not big on risk, we will have two kids we need to put through private school so don't want to over commit. My wife would like to buy within 10km of the Brisbane cbd so will be looking at 450k plus for each property. I'm less fussed and would be happy with more at a...

Hi All, I have been reading the post with interest for a while now and decided it's time to sign up and say hello :) I currently have a ppor in Brisbane and 1/3 ownership of an ip in Hervey Bay (one of my only and arguably worst investment decisions that will be a topic of it's own thread...