Hi Younginvestor,Cats are quite harmless, I would agree to the tenant having a cat, and I wouldn't bother about extra rent or bond etc, you will find if you allow her a cat she will probably stay long term.one thing I would check is to see if the body corp allows a cat, as you wouldn't want to say yes then the body corp say get rid of the cat,…[Read more]

Banker wrote:
Mortgage Innovators are self employed CBA bank managers. Paid like brokers but run their own branch or office – Good to know one when you want a deal turned round in 3 days.

any on the gold coast?

Banker wrote:
Are you able to expand on the type of property ?

Yes, bank should love the property but the valuer I think will struggle to find another property similer, but I have spent plenty of hours finding similer properties and have documented all of this, so hopefully the valuer goes with what I have got.

Banker wrote:
Re savy investors – A lot of declines with the majors at the moment come down to presentation / lack of supporting comments. If you can identify the potential reasons that you might get declined and cover off these risks in your comments (mitigate the risks in advance) – you will get a fast answer (and better chance of approval).…[Read more]

very good, I just checked there site out and they seem alright, how much do you pay for this insurance if you dont mind me asking

Read Michael Yardney books, I find him to be very good and you will find some usefull tips

dannyde, how come they didn't pay the full $20,000 of damages and rent?Does anyone else have good storyies about insurance companies paying out

anyone?

Anyone else?

how about renovating a single commercial building

So say you want to replace the jib board in the house and there is $20,000 of work and you get a contractor in to do this, then wil j.w need a builder/project manager to look after this as well?

Just because someone paid half price 2 years ago it doesn't mean its not worth double now, I bought a property for $100k over what the previous owner paid a year earlier and know one would touch it as everyone thought it was to dear and people said i paid to much but now i have done something to this property and the property is now valued $250k…[Read more]

cool thanks for that, when i bought the property the guy was not paying gst and this was noted in the contract that there was no gst to be paid, all good ive up the rent anyway

the add looks alrite, but maybe a little cluttered and the pics look good but it looks like most the rooms are small, get the agent to do some trick photo's and make the rooms look bigger at least this will get more of these 1000 viewers walking threw the door,take out the wording no pets, people can take this as no pets means no smokers which…[Read more]

Thanks Jason, I just sent you an email

Thanks for the info guys,I have googled everywhere and can't find much.Also can anyone send me a purchase contract 30c form or is there anywhere I can get one on the net?I am trying to put a deal together tonight

stately wrote:
Hi Rebecca, I thought that if you sell property with in 12 months you are up for the full Capital Gains Tax but if you sell it after 12 months you are up for HALF the Capital Gains Tax. Thats my understanding. Cheers

yes thats correct but if you live in the house for more than 12 months then you pay no tax but if you rent the…[Read more]

Very good.I forgot to take into account that they have owned it for many years so yea the 12 plus months will not work but pay an accountant a hundred bucks and see what he can do, actually pay 3 accountants and ask the same thing, you will find you may get different answers and you may find away that suits you.

ryan mclean wrote:
No I don't…[Read more]

If we pay more land tax then it will efect us investors will it not?Unless we pass it on to the tenant which then efects the businessmaybe we will have to charge a lower rent for the building but charge huge managing fees or something, mmmmm

I did here something about this, I think it sox. I also heard something about improved value instead of unimproved but didn't pick up on the first half of the conversation so not to sure what this means yet.I think land tax needs to be wiped altogether or at least lowered down A LOTGov is just getting to greedy