Total Members: 159,074

RedRoof

  • RedRoof replied to the topic Newbie : want to sell my property privately in the forum Help Needed! 15 years, 4 months ago

    Hi DuncanI'd suggest you contact local Buyers Agents to see if they have any buyers on their books who might be interested in your unit. They won't charge you anything, as the buyers pay them. You can find a list of accredited buyers agents at:www.rebaa.com.auCheersYvette GoulterPrincipal, RedRoof – Licensed Buyers Agent,…[Read more]

  • RedRoof replied to the topic Investment or PPOR in the forum Help Needed! 15 years, 4 months ago

    Hi Gemma007If you live in the property for 3 months, you wont avoid CGT. You have to live in it for the full time that you own it. GCT is pro-rated between the time you live in it and the time you don't. You can find out the detail of tax ramifications for free at:http://www.bantacs.com.auHaving said that, there are few markets at the moment where it is…[Read more]

  • RedRoof replied to the topic Re Directing the sewer line to build units in the forum Value Adding 15 years, 4 months ago

    Hi ThomasIs there an easement? Is the sewer lined shared with another neighbour?  If not, you can probably move it. I have moved one at on one of my investment properties, but there was no easement. My advice is get advice from the local Council. Its worth a trip to the Council office – they can usually bring it up on screen and show you what's go…[Read more]

  • RedRoof replied to the topic Using Equity In Your PPOR As A Deposit in the forum Help Needed! 15 years, 4 months ago

    Hi GezzyYou can absolutely use equity in your PPOR to buy an IP. The main benefit of doing this is that you get to enter the market sooner (and cheaper, if the market is rising). Experienced investors will tell you that you make your money when you buy an invesment property, rather than when you sell. That means it is imperative to buy wisely and…[Read more]

  • RedRoof replied to the topic Building inspection in the forum General Property 15 years, 4 months ago

    Hi first home buyerNo, you can't buy at auction subject to any conditions. And the problem with doing inspections before auction is that you may not end up buying the property – either because someone else is prepared to pay more, or because the seller wants more than any buyers are prepared to pay (hence the property is "passed in"). So you lose…[Read more]

RedRoof

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