oh what the hell its called Main Beach…I am renting there in something I could never afford to buy..well not at the moment anyhow

I live on the Goldcoast (that makes 5 of us)..its between Southport and Surfers Paradise..lovely place..originally from Concord in Sydney though untill 2 years ago..[biggrin]

If they were to remove the Tax breaks ie N.G. there would be a lot of Mum and Dad investors out there hurting badly..A lot of these people have multiple properties relying heavily of the tax cuts..what will happen to there properties? I guess they will not be able to pay the mortgages. I do feel sorry for them…Chris

Many thanks Terry for that extremely helpful information..much appreciated..Chris

Yes that is correct Joeborg..but you do not need to give anything to your pay office..the ATO send them and you a similar letter advising the percentage of tax to be withdrawn from you salary, depending on your circumstances..the proceedure takes around 3-4 weeks. You cant get it started untill your tenant moves in and you have a date and know…[Read more]

I agree with you Bill…Neil Jenman has many good points..there are some sharks out there of which Mr Jenman is trying to make people aware.I think the realestate world is a safer place for having Neil Jenman in it.

Derek are these decreasing vacancy rates mainly city or country properties as I have a property in Sydney and havent had any probs with vacancy, as soon as one goes I usually find another within 2 weeks or less

Hi All..I have just increased my rent in Sydney from 310 – 315..not much but a start..if interest rates rise and some investors sell out couldnt this send rentals up due to supply and demand