Hi All Does anyone know or have experiences building rooming house - if owner build permits allow, what are the regulation/requirements for rooming house, land size etc? Thanks in advance ..read more

Hi everyone id love to catch up with some local Perth people who know about commercial investing. I have been residential investing for over 10 years but would like to get my head around this space also. Is there anyone who would be willing to catch up for a coffee / beer my shout ..read more

Quite new to this and would appreciate your input please. I have attached a photo of the property of interest and marked it in red - it is around ~700sqm. Quite a bit of development in the area. Generally properties on the street that are sold are knocked down and replaced with 2-3 townhouses/units. Behind the property is a closed carpark (industrial zoned) for staff at a large nursing home I believe. Neighbouring the car park is a new block of townhouses/units recently developed - does... Buying close to industrial zone, development block and Parking restriction ..read more

Extremely apologies to ask this silly question. How do we know, how long a property has been in the market before it is rented out ? Basically this is to find out the rental demand of the area and surroundings and to get some ideas about rental yield ? I tried in realstate.com, but cannot really find what I am looking for. Any help will be highly appreciated ..read more

The main reason for high rental returns in regional NSW is because Immigration law is pushing international students over regional areas of NSW for permanent residency, this trend has been ongoing for few years now. But not sure when the law would change and the students might not have to go to regional area thus bring the rental occupancy down. Being a 1st time investor for 600k for house should i consider Wagga Wagga and Newcastle area or go for hot cake as if now for QLD Brisbane area?... Good idea to switch fronm Brisbane area to Wagga Wagga or Newcastle ..read more

I am looking at a property to buy. It needs a lot of work. I was inspecting it today in the evening and went to the backyard (half the land is grass) - and it smelled like wet/damp/musty - hard to describe but it was a rather strong smell (attached a photo at the spot where I could smell it) Could it be from a tree? Not sure - I will come back again on a sunny day. What I noticed is that in the corner there is what looks to be an open inspection sewerage boundary trap (have attached a... Smell from backyard - sewer easement ..read more

For those who don't already know, the 3G mobile phone network will shut down this year (Vodafone has already turned theirs off). What's it mean? Older phones may not be able to connect with 000 in an emergency. Other devices including monitored alarms, panic alarms, some car tracking systems, tablets, readers and other devices will no be connected to the network. For more details: 3G Closure ..read more

Boo... Date: Tuesday 4 June 2024 Time: 9:30am Location: The Lookout, 1 Ithaca Road, Elizabeth Bay NSW 2011 ..read more

Hi everyone! I have a property that rents for $480pw. The tenants move out at the end of May (Monday the 27th) and the PM has listed the property 'available as at 3rd June'. The PM has given herself 7 full days for bond inspection and so on. Is this reasonable? It's costing my almost $500 of missed rent here... I understand the PM has other properties to manage, but we have 20 days notice, should I ask her to book in the inspection for the Tuesday or Wednesday and say the property is... Reasonable amount of time between vacancies for PM bond inspection (7 days ..read more

Hi. The age-old question. I'm a noob trying to learn not to do anything stupid and have been reading a lot of old topics on this. I am still struggling with deciding on how to finance/refinance my PPOR to IP and new PPOR. - current PPOR value $650k, loan balance $100k, redraw at $100k. To be used as IP after purchase of new PPOR - Contemplating new PPOR purchase of $1mil (may take 3 to 6 months to find one) - Can put $200k cash into new purchase I know if I refinance the current PPOR that... PPOR and IP financing ..read more