Thanks pplsI will bear that in mind.

Thanks Guys, Yes I had a company before and through mutiple IT income streams missed the PSI rules. (Un) fortunately I have been contracting to the same company for over 2 years and it is the majoritory (95%+) of the income so I am bound to the PSI. (At least I have a steady income though).Our home (of 2 years) is really our first IP and we're…[Read more]

Thanks.Being from Sydney, 2 hours (each way) is a regular commute for a large number of Sydneysiders (did it myself for quite some years) and 1.5 hours would be a dream for some up here.

Thanks yarpos. Will get the blue metal

Thanks for that guys … TrumpMan, which category do you suggest I post reno questions?

Thanks for all that.I note that if I google Spiro Kladis all I get is forum postings saying "Google Spiro Kladis" (aside from his own postings on CFC). I did not come across any "dirt", however I'll sign up for the free newsletter and then source them from domain or RE.com.au

I see the rent's on RE.com.au to be $125pw for:This three bedroom home features: BIR's in all bedrooms, open plan living with gas heating & evaporative cooling, neat kitchen adjoining a dining area with outside access, modern bathroom and outside a garden shed & single carport.Not really +CF in my book.Towns 30km out with population of 1000 have…[Read more]

Hi VstarI'm just using:Annual Return/market rental yield = Property PriceSo, I believe that the rent is 33% below market rate thus the property's going for 2/3rds price …. but only if I can get the rent up Thanks also to Jeff and ScottKenton

Yes Please

Thanks heaps for that Jeff.You have now lead me to another question.Our home, which we are renovating to rent or sell is a 3BR, 2 living area house worth about $370k. The second living area is a room at the front that is totally underutilised. To turn it into a 4th bedroom, the front door would need to be moved and an internal wall and door added.…[Read more]

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