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yep HWS is fully operational and it seems that PM trying to evade me on the outcome . Thanks for your advice Nick

Hey peoples just a quick question on where i stand on this. last friday night my PM calls ands says that your tenants have reported that the HWS is not working and they need it by monday ( Long Weekend ) I say fair enough i will contact my leco and and call you back . Called the PM back...

Peter how would one take advantage of this scenario ?

This F/Y coming to an end and like everyone looking to maximize deductions ! An IP I own needs new gutters as they have rusted out pre bad . If i get them replaced and get the company to state on the invoice that the old gutters were in need of repair will the new gutters be written off or...

Go Hard Go Early - Love It Rolf

great read so far loving everyones opinions ! To me its enough when you have reached your goals then its time to re asses and make another set of goals i can understand the points on not living in the moment but I'm in the early stages of acquisition and if i am going to reach my goals...

I would most definitely stay away from any suburb near the UNI a lot of people i know CAN NOT lease their IP in those areas !! One person i know has an 8 bedroom uni house in the area and has only had 3 people in their for months !

Thanks Paul, Datto , syba Yes had originally thought was an improvement And yeah I did know about the plumbing before a bought has And beleive me I did factor it in the price :) http://m.realestate.com.au/property-house-nsw-raymond+terrace-118605367

Hi guys about to settle on IP The bathroom has no plumbing hooked up To vanity ! My question is : will be plumbing works be depreciated or added to cost base ? Been quoted $950 for the job Theodore

Definitely some good bargains around But just think money invested elsewhere is a better option at the moment

We'll done on your achievements sash I am currently looking at tenambit myself trying to get in before the New hospital !! Their is massive money being poured into maitland ATM

Love that last bit - I often say to myself the cashflow Just keeps me afloat whilst I manufacture equity I also do believe the buy and hold won't give me the jump start in capital That I need but I can definetely see the passive route advantages as I get older and have more equity behind...

Great post Rixter So far my strategie was to create instant equity via Reno and Buy below MV And it has worked a gem to date ! But now with a little more capital behind me I am definetely willing to pay more To purchase in such areas and let time do its magic

Yep def agree with waratah I think Georgetown is certainly a place to consider also ! My list for newcastle would be Georgetown Hamilton North waratah Garden suburb Toronto( great council lake mac) Boolaroo Warners bay Kotora south And as mentioned wickam and Hamilton...

Yes I do agree alkira is rough but things change over time I actually put an offer of 190k on the one at alkira And it was accepted but i bought in alma st raymond terrace instead . All my research thus far points to east maitland and surrounds For Buy n hold CG Evan contemplated...

I too have overlooked cessnock I have noticed a lot of good buys there recently one in Alkira avenue at 210k now under offer Couple possible developments site on offer Think there is better value in Lower hunter East Maitland tenambit woodberry beresfield Lots of commercial...

Personally I would not go any lower than 280

How many beds ? I have a 2 bed in third ave and get 275pw PM is dowling maitland and their not too bad although I do keep Them on thier toes ! I have never had an issue with vacancy 2 weeks at most

Thanks for sharing your story man very inspiring ! Did you every have servicabilty issues ? And how long did typically wait to cash out from your renos ? Thanks for your story and insight on your journey Theodore