The house across the road from where I live had trouble getting a tenant as I was talking with the landlord and it took two months to get a Tenant. They had done extensive work on the inside of the house.You may need to regularly check the property condition as I had a property that had a full dump in the toilet that had not been flushed.Ask the…[Read more]

try investigating also a low doc loan as you say you can afford the loan. You might not have thought of this avenue

These people currently have a developer who wants to sell units in Cairns Might be worth registering on their email mailing listhttp://www.cameronbird.com.au/Not sure if selling at market price as not from Queensland.

Drop the asking price by $20 a week. When you talk about cost to you- $1000 a year.Every week the property is vacant is a week of rent lost. Rents are coming down due to the lower demand for rental properties as mentioned in this March issue of API magazine.I had the same problem 12 months ago and had to drop my asking price on rent. My house did…[Read more]

Usually they are either balance sheet lending and charge a higher interest rate to compensate for the higher risk.Sometimes they get their money from the money market at a higher interest rate and this has put them under pressure when the credit squeeze occurred and the cost of the funds…[Read more]

If I was starting out I would buy cheaper so that I had some hope of paying it off. If you are not living in it it doesn't need to be in a $350,000 area. Can you put up with a 6 month commute from Geelong or Cranbourne?

Celie, Welcome to the forumIf the first property is slightly positively geared then your tax is going to be slight on the small amount that is positively geared.Now what you really need to think about is what is your husbands marginal tax rate is it30%  for income between $30,000 to $80,000 or is it 40% for income $80,000 to $180,000You will have…[Read more]

Usually paying off the principle is of a concern if you want multiple investment properties and maximum cash flow is needed for other loans. The difference in repayments will be small in the short term. So most of the payment will be interest at the start of the loan. As far as the loan being residential you may have problems with the bank sending…[Read more]

I haven't done this on a real estate web site but I train people how to use their computers as a part time business in Melbourne..Make sure you press refresh on your browser after you upload the pictures as you may be looking at a Cached copy of the web site from your hard drive. Also your browser may be set to not display pictures as a security…[Read more]

I am thankful to have a roof over my head and my family.After reading and seeing on TV how quickly a bush fire can wipe such things out that I use to take for granted.

Here is an idea. Your Mate buys a house worth 400k and you rent it from him. Your mate moves into your house and rents it from you. You will lose the PPOR exemption (after six years if you use the 6 year rule) but you can claim negative gearing if the interest payments is more than the market rent you will receive from one another. But you must…[Read more]

Do not know about the company butDo not sign anything until you have an independent solicitor look over the contract.  If you sign before this step your solicitor is not much use to youAlso.Get an independent valuation so you know the property is selling at market value or below.

Do not rely on a solicitor or valuation provide by Adayoun Capital…[Read more]

apparently the nearer you are to a crossing is bad also.I recently spoke with someone who lives near to a busy train line crossing and the boom gates ringing each time a train comes plus the blast of the train's air horns are annoying every three minutes in peak times.

Instead of getting a hand out we could actually get the simplified tax cuts promised when the GST was introduced  to replace other forms of taxes. Like Fuel excise,State stamp duty, State Land Tax and Payroll Tax.Interesting that the GST legislation states GST cannot be charged on top of a Tax. Oh that's right Excise on Petrol doesn't seem to be…[Read more]

You have to have a web site and also have lots of people looking at your web site (traffic)Now the hard part – How do you get lots of people to click onto your web site and then click on one of your Google adverts.You have to optimise your web site code to have search engines put your web site high up on their list ranking.

how about using cameron bird see http://www.cameronbird.com.au/They have a huge email list that promotes developments to investors for sale.

Apparently it depends on when prior to 1 July 2008 deductible expenses on an overseas property can only be deducted against foreign rental income or other foreign modified passive income such as royalties and dividends.After 1 July 2008http://www.ato.gov.au/individuals/content.asp?doc=/Content/00107951.htm&page=5&H5It can be claimed against…[Read more]

Property two as it is costing you money of $140 a week in cash flow .When you move into IP2  it you will have to find $421 a week, any interest will be no tax deductible when you move into it.Selling property one will incur capital gains tax on $80,000 to $100,000 being after 50% discount a sum of minimum of  $40,000 being added to your yearly i…[Read more]

I went to Sydney and stayed at Bondi 15 years ago and I found that a boarding house is a lot cheaper to stay in than a posh hotel/ motel. You also get to meet interesting people.You will have no need for a car in Sydney. So if you take your car up there you need to have somewhere to park it as parking in Sydney is a nightmare and extremely…[Read more]

From my experience.Do not let your rental property turn into a dive. Keep up with maintenance to maximise rent.Do not be afraid to regularly increase the rent every year or you will fall behind and then tenants will have trouble coping with a sudden massive rental increase from the landlord trying to catch up suddenly.