Check out the list of registeted valuers on the Australian property institute website.

Just get someone else to sign as POA. The licensee has his head up in the clouds not.

It shows the power of doing your numbers up front. If you could have purchased the property on an options contract then onsold you have reduced your exposure and risk substantially.

What do you think you need for retirement? Is it more or less than your current income?

There may also be discharge of mortgage and registration of mortgage fees as well.

If you are applying for a loan whether it is ppor or ipod the banks are concerned about serviceability. If you are changing job or newly employed you may have to wait out your probationary period before approval of finance.

Well, it looks like you're stuck with Jetstar for a little while longer. Just wait until you find out how much the charges are to use the special rail line, the platform access charges and the fact they won't have carriages suitable for carrying luggage before you jump for joy – they made all these mistakes in Sydney so the thing is  too expensive…[Read more]

Or if you do buy, ensure that you have control ie not a managing agent assigned to a complex or a hotel group etc as there are too many other factors to consider.

and remember to go and collect the mail too. It costs nothing to get the power connected to the property but make sure that the hot water and everything else is turned off.

And that is why Victoria is moving ahead of NSW. Everyone knows NSW needs a second airport in Badgerys Creek but it is too sensitive and a hot potato for either the Feds to admit we need it & fund it or the State to accept the costs in providing the required infrastructure to get there.

Providing they can show the new premises is their PPOR eg  water & council rates notices (possibly sent to the address) or electricity account in their name should be adequate proof.

One big advantage of an IO loan is that in a rising market, come the end of the loan period if you sold only a small portion of the portfolio, the entire loan portfolio could be paid off. Also time effect of money means that in 20 years if you borrowed $1m today it would only be the equivalent (in today's $ of say $234k (@ 7%) when you come to pay…[Read more]

Exemptions usually only exist for adding spouse or removal (divorce) not for asset protection purposes but check the OSR website.

To answer some of your other questions: how hard is it to get a licence – try a cert IV in building or a 4 yr apprenticeship in a trade might be able to get time off for good behaviour. Alternatively,  you might be able to employ someone as your licensed supervisor and hold the company licence.

You will need to be a separate entity from the…[Read more]

What is the FHOG worth to you compared to the net rent that you will get (forget about the tax advantages in the first instance as the fhog is not income so would need to be compared as an after tax figure).

Will you be paying land tax in Tas or is it only applicable over a threshold? Check the office of state revenue website/google land tax in…

They'll be down to ten fingers and toes in next to no time 

Yes but local investors have the advantage of the crown guaranteeing the land title, the advantage of one of the most stable political systems, safest banking systems, no risk of currency fluctuations, ability to research purchases online (through land titles office, RP Data, legal services providers…….

Not a gamble in my books – the risk…[Read more]

Even the Brady Bunch had a bathroom like that – with six kids in the house did it ever cause a problem?

Providing that you are not breaching anything under the Builder Licensing Act in your state ie you are not carrying out building work or undertaking works which require holding a trades licence or carrying on a building business or the value of works does not exceed the threshold requiring insurance – not a problem.

Always a daunting task investing in a country where you have no familiarity with the local customs – rental laws in every country differ and the rights of tenants are often almost superior to the rights of owners. Get familiar with the tenancy laws, learn the language, get top notch solicitors (and not just the recommendation from the agent – who…[Read more]