ok just found out from key media that run the mag, that u must pay for the ipad version grrrr, it should be free to the print subscribers or at least discounted.

Hmm surely someone is tech savvy out there?

bump

try youi? off the top off my head, read the fine print very carefully though they cover bare minimum..
do they give a reason as to why they wont insure?

hey markh,

sounds like it all went to plan well, I did plan to only view the property, put it under contract, get access to property for measures and to list all that needs doing then maybe put the property under a property manager to manage access at the place for the tradies and basically do everything without travelling back and arrange for…[Read more]

must you only pay CGT if it is rented for more than 6 years ?

We plan to only rent it for 2 years and then move back in, basically it will still be our PPOR as we will be renting in mackay…

i think it got slippered?

get rid of anything that absorbs the odours, replace underlay and carpet as burner said, paint walls, maybe even pressure wash where u can, let it dry and air out, inspect underneath the house(if possible) for any rot or anything, do the same in the roof, could be mice or rats living in there too..

id love to subscribe to their service but a little out of my price range, i attended webinar, was really time saving if you are purchasing very frequently..

JT7 wrote:

schmoo wrote:
Has anyone bought recently in Emerald? How are the bank valuations going there when it comes to getting finance? Are they valuing the houses much lower like they were in more high risk areas like Moranbah?

Hi Schmoo,

I’ve got a couple in Emerald including one purchased recently and had no problems with finance and…[Read more]

hey moxi10, did you go throiugh a buyers agent at all for the mackay property?

hey matt, never signed anything with the broker i was thinking of going with, so no fees..I am currently looking at red finance as another option..had a couple good recommendations and at a seminar the other day was told that they are able to liaise with an accountant to help sort out structuring and simplify things a bit..anyone know of red?

seems like more of a retirement suburb? 15-20 kms from schools from shops is a fair distance for renters. only found a little convenience store nearby.

I would personally not be relying on a couple of mines, I’d be looking to see what other projects are on the cards or other established industry in the region.

I wouldnt take those valuations on…[Read more]

hey terry ,
im in adelaide, but will be in mackay area in approx 8 months, are u an accountant terry?

so much to take into account with what I have planned..

alright you’ve convinced me guys time for a new broker I think.

cheers for the advice

yeh i know, they havent offered me any otp yet but maybe once my fiance is approved that will change?, they have been fairly responsive with all my calls and emails so far and im getting the loan I want so thats all I need for now, may look to another broker in the future for a bit of diversity?haha

I did read somewhere that it is on margaret lomas and luke berrys watchlists for the end of the year…

hey fingerscrossed,

did the reno take the time you estimated beforehand? or would you allow maybe extra time seen as though its long distance?

I am only looking at the possibility of cosmetic renovation long distance..

sounds like you did it ok, did you have the property manager managing access to the property for the tradies? I have heard of…[Read more]

Im hoping the broker I have gone to turns out to be ok, All the brokers there are active investors (so they say) only thing that skewed me a little was that when I said I wanted to buy a place with potential to renovate or develop, they commented “why would you do that when you can buy a brand new place, you dont want to do that”.

nearly drove me…[Read more]

hey jamie,

i get ya, i will call them and find out tomorrow, that was the solution i was looking forward, new to this as u can probly tell.