OK great thank you. Income from work is $112K + super, and I guess it's the rental income pushing my taxable income into the 37% bracket. In terms...
Hi all, I'm looking at a property in Portside (Hamilton) Brisbane. 1 bed, 1 media room, 1 bath, 1 car. It will be rented out at $450 per week for...
Hi All, I'm looking at buying an investment property for $285K that is earning $365 p/w in rent. The tenants have been there a while and very...
Confirmed that there is no updates or maintenance planned on the property as per 2019 AGM so that's good. But if it happens the year after then...
Expected weekly return is $350 and it's in Gordon Park, QLD.
Brilliant thanks, I'll ask for it - I assume the REA will have it? They've given me a disclosure statement, insurance certificate of currency, AGM...
Hi all, I'm looking at a 2 bed/1bath/1 car townhouse on the market for $340K as an investment property. The fees/rates are as follows: Complex:...
Hi all, What resources, free or paid, do you do to do your research on investment properties? I myself use RP Data and microburbs - what others...
Apparently it was, the senior REA has told me the sinking fund has $105K in it so not sure where the junior agent got $200 from!
Thanks for your response. How do you get access to do pest/building inspections prior to getting a contract?
Next part of the question is what are the common time frames people use on finance, building and pest and settlement? If I have pre-approval for...
Thanks for this! Getting sharked - can someone come in and offer more and you can be rejected by the owner even though you have a contract?
First thing learned! The property in question is QLD. Do states differ hugely in this regard or minor things?
Hi all, I want to cover off a really basic question: what are the next steps once your offer is accepted? What clauses around settlement etc are...
Hi all, Can I get your thoughts on what I think is a weird situation, but perhaps I don’t know enough about property to know any better?...
Thanks Stoffo. There are 37 units in the complex. Body corp fees are $670 per quarter.
As I understand it, it is not. Can you help me understand a bit more about sinking funds and why they're important? I have an idea of course but...
Wow, thanks for this tool! I ran the numbers after deductions and it's about $2000 out of pocket at that point so that's not too bad. Currently...
Wow this is a really insightful response, thank you. In 1998 the property sold for $112,000, which is $190,665 in 2019 dollars. Given it's on...
I think I still would. This is my first property and I've lots to learn yet but I feel like this is a good investment property that will hold its...
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