As Terry points out, you will  have several issues to address. Licensing – you may need a trades licence but maybe not if you are offering handyman services. If you have a separate entity to handle maintenance,will the ATO see this as sham contracting as you will be gaining 100% of your income from one entity?

7 years of near continuous tenancy, maybe it is time to freshen up the paintwork, replace carpet or do whatever maintenance you haven't done for the last 7 years.

What is your current due diligence telling you? What is the market rate?  What does the agent suggest? How many units do they currently have vacant (on their saturday list)? How long…[Read more]

I would recommend getting a fencer in to replace your missing post.

US: dyslexic – coke-bros / dealer

Convert the existing deck into a bedroom/sleepout etc as it won't be too many years before the trees block out the views. Add the new deck – this has better views and the trees are a lot lower.

Put it out there with the agent to negotiate the lease term – ie you don;t want the expiry to hit the Christmas period so you want to offer more than 6 months but less than 12 months.

Great outcome for the persistence. It was your money afterall.

Stormwater diagrams do not get registered on title or shown on Sydney Water plans unless there is an easement associated with the drain eg: it comes from the property behind.

You may need to make further enquiries to ascertain if there are any drainage issues.

Sydney Water's plans will show sewer & water only.

DBYD will give you the location of…[Read more]

He did say cost price…

Dim tenants?

Qlds007 wrote:
What is the Gross Annual Rent.

Com Properties are valued based on their rent return.

Does the Tenant cover all of the out goings ?

CIP are valued on a basis of net income/yield (gross can be anything within reason).

Cap rate is not the only methodology used for commercial property however a back up method should also be…[Read more]

I am no expert in the field of super however there are plenty of opinions out there regarding how much should be the minimum investment required for an SMSF. That amount should also change if you were to have a large exposure to property – typical situation of all your eggs in one basket. 

You will also have some restrictions as to how much you…[Read more]

The zoning has changed to mixed use – subject to council (and body corporate) approvals, then you may be able to use the unit for a commercial purpose (you may have to lose the bathtub, kitchen, laundry as they are of little utility in an office/retail environment)

Can you take maximum advantage of the rezoning (in isolation) – no, strata laws…[Read more]

The sale of residential property or average development sites by tender is unusual as buyers do not understand (or need to understand or care) what you are trying to achieve. Many agents would not advise you to sell this way either (as it is a misunderstood method).

If you have a high value site, then tender or EOI may be considered.

You will be…[Read more]

High risk esp if you forget to exercise your option

The contract will need to allow for early access

Commencement of works may trigger the option

You would be better off having the option, securing the DA then flipping the option/block.

Sorry but it is out of your price range @ $50k for 40 acres 2 1/2 hrs south of Sydney – Dalton

or at $40K Stockinbingal for over 1 ha

again, @ $50k 8 acres near Wagga

Looks like you're out of luck

The purpose of the money that you drew from your loan has been used for investment purposes. This is generally deductible however is messy as you have to keep track of the amount borrowed on redraw and to apportion your repayments between the IP loan and the PPOR loan. This will become cleaner once the PPOR becomes an IP.

Asset values are based on several factors but sustainability of the income stream is extremely important – hence market value equates to the value based on achieving the market returns not some inflated amount (eg unwilling tenant tied into an above market rent).

Resurfacing – wear and tear. It isn't an improvement as it is a like for like replacement.

I use Austbrokers – Deanne Cawthorne. She's based in Baulkham Hills but they have a couple of other offices around Sydney.