All Topics / General Property / If I buy properties in other states ???

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  • Profile photo of csoi009csoi009
    Participant
    @csoi009
    Join Date: 2004
    Post Count: 8

    Actually we live in Sydney and would like to buy properties in other states such as ACT or QLD. We just wonder we could use our own solicitor in Sydney or we have to find a solicitor in (say QLD or ACT).

    Also… (sorry about our silly questions)

    We will ask real estate agents there to dealing rental affairs with our tenants, normally how much do they charge ?
    And if the property need to be repaired or maintainence, do we need to contact repairer there to fix it or the agent would contact the repairer for us ?

    Thanks !

    Profile photo of luckyoneluckyone
    Member
    @luckyone
    Join Date: 2003
    Post Count: 148

    I can help you out with questions regarding the ACT. A typical property manager here will charge you between 8%-10% + GST for managing your property. They will usually lower this if you have more than one property with them.

    With repairing the property, you can instruct the property manager to contact the repairer on your behalf and you can also allow them to go ahead with any repairs automatically that fall below the amount agreed between you and them (ie. any repairs under $100 can be authorised by the property manager on your behalf).

    You can either give them a list of your preferred repairers, otherwise they will usually just ring one from their list.

    Thanks,
    Luckyone

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