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He all Just after some advice regarding a defaulting tenant (in Qld) who leases a corner store from us. They have been in arrears all year: I issued a Breach Notice in January, they paid rent (but no arrears) in subsequent months and then stopped paying altogether with no communication...

Does anyone know how many (or ~%) of Australians own Invenstment Properties? Can't remember where I read it recently. On this forum or somewhere else. Also gives the % of investment property owners who own more than 5 properties.

I think there are a few versions but curious if forumites have purchased a report and what their view is. Some simplified hot spot lists have recently hit the papers here (Sunday Mail- a very worthy tome!) in Qld. We (Bargara) got a mention.

Looking at refinancing the mortgage over our boarding house. We may have a few hurdles perhaps one of the forum's finance gurus can help with. 1. NAB did a 80% (Val 730k) "residential" mortgage- we are now told it has to be commercial (there are seven rooms). Hence $1000 valuation, lower...

90 day in writing PM termination I think the horse might have bolted here but i thought I'd check. Rellies of our secretary have a rental property and have signed the agreement which requires a 90 day termination of PM services. The PM was poached from agency 1; went to agency 2 (and took...

Hi all, Been looking at doing another reno (for resale). Biggish (230m2) house with quite a lot of cork tiles. It is an 85 build home but the tiles look in great condition. My wife quite likes them are reckons they are timeless. I like them from a functionality point of view but to me they...

Hi All, this may have been covered before but I am looking at no and low-doc loans. Mainly for doing renos and on-selling but there may be some holding as well. I am interested in no or low early repayment fees and low set up charges. Any recommendations? Regards Tony

Hi all, This might qualify as a rant but I'd genuinely like to understand the Bank's point of view. Some time ago (about 8 years) we purchased another property and needed Lender's Mortgage Insurance. It was our fifth home and the market was pretty flat- not much equity. (In Bundy at the...

We are doing a reno on a villa (ground floor) which has three arched windows off the living room. (I quite like them- reminded me of my fave "Playschool" window but I digress). There is a standard aluminium sliding window and a seperate arched part immediately above. We have used timber...

We have had some CG this financial year and are prepaying next year's interest in order to reduce our taxable income. We have sold 3 IP's and a PPR and still have 7 IP's and an interest bill of about 70k. The taxable CG (after discount) is about 80k, to be split fairly equally between us) We...

Tenants, in their Tenancy Agreem't undertake to pay excess water rates. Does this extend to excess water attributable to a burst mains (between the meter and the house)? Or is it up to the owner to pay or seek rekief from the Council? :confused: