Hi Trophy,

I agree with Beanie. You may also want to read Terry Ryders most recent book on private selling. If it is in NSW you would have to use a lawyer for the conveyancing. What else has to be done that only an agent could do?

Anne.

Worth reading. A lot of what he says is sort of common sense but with data backup. I agree with John. You still ahve to do your own due diligence and make up your own mind.

Anne.

Hi PropertAngel,

I’d ask the Q under your own monica. JackHu does not appear to have a good forum reputation. People may be avoiding his user name.

Anne.

Didn’t some of the MAPers buy something in a van park and do well out of it (Coffs Harbour?)? Again I think it boils down to the due diligence process again. Sometimes it will work sometimes not.

Anne.

Ahhh. As I said in advance and just in case, apologies for my judgements. Anne

Is ESL or something else an issue here? There are MANY possibilities. Something it may be worth discussing with Jack in private Simon and Derek. It is easy to make judgements that may undergo a radical change with a little more info.

Offering construstive rather than destructive support is certainly an option.

If other avenues have been tried…[Read more]

Will do easymoney. Anne

I wouldn’t recommend putting too much faith in Centrelink payments. They can be cancelled by the tenant with a phone call. They can be set up one day and virtually cancelled the same day. Wether you get the rent, regardless of how it is paid, or not ultimately depends on the quality of the tenant.

I was recently in a similar position to you -…[Read more]

Smart move Ambo72. Just the sort of vendor we all need to stay away from. They might even find that greed got the better of them.

Anne.

Hi easymoney,

That has been my experience also. In one such town I used a private manager to avoid the commercial managers and she turned into a nightmare (used overcharging tradies, charged for work not done, tenants from hell etc). Steep learning curve which probably would have been avoided with a little more due diligence on the “manager”…[Read more]

That’s great Oshen, Thanks. I’ll give it a go.
Anne.

ArthurK,

In my experience visiting an area, particularly interstate, is half the fun. I usually set aside longer than a day so I can really get a feel for an area. Great way to get to kbnow the country.

Cheers,

Anne.

Hi Veronica,

Can be tricky. It boils down to research and due diligence again which may need to be more extensive than for other areas. It will also depend on what you want to achieve, with how much risk, how much “worry”.

Are Coober Pedy and Mt Isa living, thriving communities for example or depressed, declining ones? In my experience Coober…[Read more]

Hi Ambo72,

Given your description, do you really want to deal with people who behave in this way?

You have no power to change the way other people behave regardless of how pissed off you feel. They will just find another way to manipulate you (or anyone). If you have legal recourse, go for it and give them a run for their money. Just give up…[Read more]

Thanks Landt, TerryW and Dazzling. All worth knowing.

Anne.

Hi Dazzling

I think NSW also has 60 notice before a rent increase for periodical tenants. You could check with the tenancy people if your property is in NSW.

Good Luck,

Anne.

You may want to ask the managing agent why he thinks $160/wk is the limit. Theoretically he should know the market he is operating in?

Let us know how you go.

Anne.

Thanks Leila.

The property is in NSW Markk.

Cheers,

Anne.

Talk to the WA equivalent of the NSW Tenancy Tribunal. I have found them (NSW) to be EXTREMELY helpful re defaulting tenants. A “disappeared” tenant is more difficult but they should still be helpful. And do exactly as they recommend – they know the problems that landlords create for themselves by not following the laws EXACTLY.

I am not sure…[Read more]

Michael,

Somewhere like Jeparit or Rainbow might qualify as “RE manager free zones”? Or at best managed from great distances if you don’t have a friend or a mum who could do it.

Anne.