Property Investment Q&A

  • I’ve had the same tenant for three years and haven’t increased the rent since he’s been there. I’m starting to feel the pinch financially with my mortgage and need to up the rent. My problem is that the tenant said he’ll move out if I do and I don’t have a buffer in place to deal with even a short vacancy. How can I manage this situation? read more

  • I’m eager to start picking up more investment properties, there’s just one problem: I’ve recently become self-employed and worry about my ability to get finance. What can I do to reassure the bank that extending me a line of credit is safe? read more

  • My wife and I own an investment property in Sydney. We’re renters ourselves, but want to move into the investment property to save more. What would happen if we lived there 3-5 years? Under current tax law, could we turn it back into an investment property after we move out and buy a PPOR? read more

  • We’re looking to get an investment property and are thinking Warrnambool, Vic. Some houses there are ex-commission selling at a cheaper rate. They’re in decent knick, but I worry that the value will be stagnant compared to other houses in the area. Can these types of houses be good investments? read more

  • A week before we were set to settle on a property, the seller died and my solicitor told me the settlement would be cancelled. We could just walk away, but we considered the sale a done deal and bought materials for a sizeable renovation. What are our options? If we do decide to walk away, how can we speed up the return of our deposit? read more

  • I’m married with three children and looking for my first investment property. We’re both self-employed and own our home outright, worth $450k. I have a deposit of $120k and pre-approval of $400k. Knowing this information, would a buyer’s agent be beneficial? read more

  • I want to buy an investment property with two good friends of mine. We’re thinking of setting up a Joint Venture (JV) arrangement. What’s the best way to establish a JV trust? What should I know before I commit? read more

  • The house next door to our property has been sold and the new owners recently told us they will demolish a garage that makes up part of the barrier between our lots. I have no issue with them doing this, but they want me to pay half the cost of building a new fence where the garage wall now stands. What are my rights if I want to contest this? read more

  • My wife and I want a second investment property. I’m looking at putting it in my name only. Is this beneficial for tax purposes? Also, which investment property type gets the highest return at tax time? Should we get an established house or something that has just been built? I’m not sure which brings back a higher depreciation. read more