Firefly replied to the topic NEW QLD RENTAL LAW ISSUES – RENT! in the forum Help Needed! 1 day, 20 hours ago
Hi Benny,
Thought you’d enjoy this update…. Our tenant has given notice to break her lease. It’s realistically the best outcome for us, no loss of rent, no having to be out of pocket for a letting fee and her having to repair the damage she’s caused. Only issue is, that we still can’t increase rent without going through QCAT for an official…[Read more]
Firefly replied to the topic NEW QLD RENTAL LAW ISSUES – RENT! in the forum Help Needed! 2 weeks, 3 days ago
Hi Benny,
Thank you for weighing in and understanding my pain!!! Sometimes it just helps for people to ‘get it’.
We’re on the Sunny Coast which has also gone through the roof as you’d be aware. We bought a small beach shack within 1km of both the beach and the new CBD as a buy and hold but worked out a way to have two tenancies in the property…[Read more]
Firefly started the topic NEW QLD RENTAL LAW ISSUES – RENT! in the forum Help Needed! 2 weeks, 4 days ago

FURIOUS at the lack of control over our investment property in QLD.
* Our expenses have skyrocketted on our rental property in QLD. Despite this, when it was time to renew our tenant’s lease, we chose to keep it about $30/week below market value and only increased her rent by $5/week due to her being a good tenant for the previous two…[Read more]
Firefly started the topic Subdivison of PPOR – Tax Implications in the forum Legal & Accounting 11 months, 3 weeks ago
Hi,
We have purchased our forever home which sits on 21 acres and are subdividing off 3.5 acres. My previous accountant told me that all I needed was a real estate agent’s appraisal of the value of each proposed block comparable to the purchase price for the declaration of profit. My new accountant initially advised to get a full valuation done…[Read more]
Firefly started the topic Subdivison of PPOR – Tax Implications in the forum Legal & Accounting 11 months, 3 weeks ago
Hi,
We have purchased our forever home which sits on 21 acres and are subdividing off 3.5 acres. My previous accountant told me that all I needed was a real estate agent’s appraisal of the value of each proposed block comparable to the purchase price for the declaration of profit. My new accountant initially advised to get a full valuation done…[Read more]
Firefly replied to the topic Stamp duty work around – 2 lots under one purchase in the forum Creative Investing 2 years, 2 months ago
Hi Steve!
Thank you for taking the time to write a reply :) I actually thought as much, but wanted to throw it out there just in case someone had a ‘creative’ work around!
It still stacks up for us even with having to pay full weight on SD due to what we plan on doing with it… but it would be nice if we could keep that extra $20k – $50k in…[Read more]
Firefly started the topic Stamp duty work around – 2 lots under one purchase in the forum Creative Investing 2 years, 2 months ago
Hi,
We have found our dream property which isn’t on the market but the owner is potentially looking to sell. It’s a large 10+ Ha block with two lots and two titles which will be sold in one line. To be able to afford to do, what we want to do, we’ll have to sell the smaller lot and do a simultaneous settlement. We’re talking $2.5m – $3m purchase…[Read more]
Firefly replied to the topic BRENDAN NICHOLS HOME STUDY COURSE AND MORE in the forum Buy, Swap & Sell 4 years, 2 months ago
Hi, I’d prefer pick up at this stage as we’re packing to move, but if it doesn’t go, I’ll see what it would cost to post for you. Cheers.
Firefly started the topic BRENDAN NICHOLS HOME STUDY COURSE AND MORE in the forum Buy, Swap & Sell 4 years, 2 months ago
Huge collection of Brendan Nichols and a couple of others. Sydney (Miranda 2228) pick up, $50 the lot, need gone ASAP as we’re moving interstate!
I can not work out how to add a photo sorry! But have one ready!!!
Firefly changed their profile picture 9 years, 4 months ago
Firefly replied to the topic Trying to decide to buy an investment property in Aus or NZ ? in the forum Overseas Deals 9 years, 4 months ago
Hi Roach,
I’m slightly seasoned in Australia, have traveled to USA with Steve McKnight and have my super invested in his USA fund and have just gotten back from NZ where I have now made two formal offers. My hubby is from NZ and we are looking at buying in his home town, which is a uni town with very low vacancy rates and still the opportunity…[Read more]
Firefly replied to the topic Martin Ayles Development Blueprint FOR SALE! OR swap for Cherie Barber Course in the forum Buy, Swap & Sell 9 years, 6 months ago
Hi,do you still have this? Could you please sent me details.
Thank you
Firefly started the topic URGENT help needed regarding OFF THE PLAN with SEVERE DEFECTS in the forum Help Needed! 9 years, 10 months ago
Hi,
My friend has come to me for help however i’ve personally never bought off the plan before. She has bought her very first PPOR “Off the plan” in 2013 and it is now all going horribly wrong. She purchased a duplex within a “heritage listed” building which the builder was changing from a boarding house, back into a 2 unit duplex. The builder…[Read more]
Firefly‘s profile was updated 9 years, 10 months ago
KIZ replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum WOW, i went to Steve’s last 16 years, 8 months ago
WOW, i went to Steve's last seminar and not even HE, a proven, respected, self made property mogul, would dare suggest that anything is so absolute and definite!!! Scamp, are you as qualified as him to be giving advice??? Otherwise i'm guessing that yourself and a few others on here have managed to aquire magical crystal balls somewhere and in t…[Read more]
KIZ replied to the topic Buying Unit in Group of 4 in the forum Hi Budgy,
I was at Melbourne 16 years, 9 months ago
Hi Budgy,I was at Melbourne too, it was a great weekend wasn't it! To answer your question, you can do quick reno's in an apartment block if the numbers add up but there are a couple of things you need to be mindful of….You need to check your strata bi-laws and make sure you renovate within them. For example, some units don't allow top floor…[Read more]
KIZ replied to the topic How to flip a property in the forum Creative Investing 16 years, 10 months ago
i have so much to learn and stamp duty…. arrggghhh!!!
KIZ replied to the topic Bank foreclosing on property – we have been asked if we would like to buy in the forum Help Needed! 16 years, 10 months ago
Looks fantastic, well done!!! Would love to see some b4 pics, do you have any?
KIZ replied to the topic Selling house but went to keep fmy fixed intrest loan, ideas? in the forum Finance 16 years, 11 months ago
Anrobel, i recently discussed this with my broker and he said as long as you have a 2nd property to secure the LOC against then it isn't a problem. Haven't had first hand experience myself though so i'm not 100% sure of the finer details. Definately worth a shot though
KIZ replied to the topic How to flip a property in the forum Creative Investing 16 years, 11 months ago
What an AMAZING opportunity! Have you considered signing contracts yourselves at the 600k asking price and then onselling it for 800k within the settlement period? Have the 2 settlement days on the SAME date and you effectively have a "NOTHING DOWN DEAL". If you are concerned at all about the 'buyer' committing, give yourselves an OUT clause in…[Read more]
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