I don’t have a huge beef with titles with sewer pipes within the boundary lines, but running underneath the house wouldn’t be my cup of tea. Could be real messy if that pipe is suddenly deemed to need a repair. Snuggled along a fence-line is a different story.

Hi @robmc

The thing you’ll definitely need is a good mortgage broker who knows how to approach financing deals like this (presuming you require borrowings).

Last I checked, expats pay 30% in every dollar of profits in tax.

You’d also need to consider how you will select an appropriate property and be confident of the condition of the property…[Read more]

Hi @zen007

Glad you found the forums so we can keep you out of strife. Can’t say this “opportunity” is particularly appealing.

Take a step back and try not to focus on a particular property but rather work out what financial goal you are working towards and how much capital (money) you have saved to get you started. That should keep you…[Read more]

Hi @zen007

Glad you found the forums so we can keep you out of strife. Can’t say this “opportunity” is particularly appealing.

Take a step back and try not to focus on a particular property but rather work out what financial goal you are working towards and how much capital (money) you have saved to get you started. That should keep you…[Read more]

Hi @zen007

Glad you found the forums so we can keep you out of strife. Can’t say this “opportunity” is particularly appealing.

Take a step back and try not to focus on a particular property but rather work out what financial goal you are working towards and how much capital (money) you have saved to get you started. That should keep you…[Read more]

Also check your insurer will cover you as this is a style of subleasing really…

Speak to your accountant but some of the deductions you are wanting to claim are probably claimable after you own one investment property.

A couple of articles that have addressed this are here;

http://blog.aussie.com.au/4-tax-deductions-you-should-be-aware-of-when-investing-in-property/

and item 11…[Read more]

Speak to your accountant but some of the deductions you are wanting to claim are probably claimable after you own one property.

A couple of articles that have addressed this are here;

http://blog.aussie.com.au/4-tax-deductions-you-should-be-aware-of-when-investing-in-property/

and item 11…[Read more]

Hi @jodyt

I mean when the tenant leaves. There are two different styles of Dept Housing tenancy. One being Dept Housing is the tenant and they sublet to whomever they please. The other is an individual applying directly for your property and Dept Housing paying their bond and possibly also their rent.

Hi @essenceofjad

I have different questions…

– What sort of locations are these properties in? For instance, is the 9% in a town in the middle of nowhere that would earn 9% if rented but might endure long vacancies?
– What sort of purchase prices are we talking?
– What sort of properties are they? Both freestanding houses? The reason I ask…[Read more]

Hi @essenceofjad

I have different questions…

What sort of locations are these properties in? For instance, is the 9% in a town in the middle of nowhere that would earn 9% if rented but might endure long vacancies?
What sort of purchase prices are we talking?
What sort of properties are they? Both freestanding houses? The reason I ask is…[Read more]

Be aware that (at least in Victoria) it is virtually impossible to succeed at tribunal in keeping any of the bond if it was paid by the Dept of Housing.

Hi @brwtito1978

Further to what Dean mentions… with the water bills, precisely what the bill will be will depend on which state the property is in, and how many water meters there are on site.

If there is just one meter, the body corp may pay the water bill and charge each unit an equal portion. Or each unit owner may get the bill directly…[Read more]

If it is of such recent construction, council may have a record of it. Or the draftsperson noted on the council plans might recall who the builder was.

As @mikesonthemic has mentioned knocking on the door would be a good idea since chances are, if it is an owner occupier they are probably still living there. Alternatively, neighbours may recall…[Read more]

If it is of such recent construction, council may have a record of it. As @mikesonthemic has mentioned knocking on the door would be a good idea since chances are, if it is an owner occupier they are probably still living there. Alternatively, neighbours may recall the company names on some of the tradie vehicles and you could hunt the builder…[Read more]

Hi @kuna

Welcome !

Too many people get a bit ahead of themselves and rush out and set up family trusts only to realize they are not eligible to borrow enough to buy an IP through that structure.

There are many brokers out there – the key is to get an investment savvy broker on board and get an understanding of your borrowing capacity as a first…[Read more]

Great post @terryw . The asset protection question comes up a lot and that’s the best summary I’ve seen yet. :)

Hi @daweilin

Welcome to the forums

As the boys have pointed out, it’s all doable and there are slight differences in the prepped paperwork in each state if using a Buyers Agent.

As Richard mentioned, unless you’re going to the moon it can be done. With that said, if you intend to be uncontactable for a period of time during the searching…[Read more]

Thanks @aperry

@rsco I hope you don’t now feel as if we’ve stomped on your ideas and that you’re stranded. Chatting to a savvy broker will be invaluable for you and help steer you onto a path that enables to you grow your wealth as time goes on rather than stunt it. They will likely have suggestions relevant to your scenario that you’ve not yet…[Read more]

Thanks @Alistair Perry

@rsco I hope you don’t now feel as if we’ve stomped on your ideas and that you’re stranded. Chatting to a savvy broker will be invaluable for you and help steer you onto a path that enables to you grow your wealth as time goes on rather than stunt it. They will likely have suggestions relevant to your scenario that you’ve…[Read more]