Thanks for the reply mate.We already had a PPOR and met the requirements of the owner occupied FHOG. This FHOG house is now being rented.This property is heavily negatively geared and the misses' income does not allow us to maximise the tax benefits. The house is a long term hold and we want to take adavantage of yearly tax benefits.My limited…[Read more]

G'day guys,Me and the misses bought a property out at Blackwater a couple of weeks ago after reading the info in this post. Moranbah and Dysart were out of our price range and Blackwater offered the best return for the amount of funds we had to play with. Thanks for the info guys. We've taken a gamble, but as the saying goes. 'You miss 100% of t…[Read more]

The longest it has taken me to get a response was 5-6 weeks on the initial bid. It was unbelievable. We hoped to have had it finalised on the first day.  Well worth the wait though. Sometimes you have to be patient. Best of luck with the purchase.

G'day mate,Can you please let me know what/where/how much for the properties. My contact email is marcsgym@hotmail.comCheersMarc