Hello Mabbott & all,

Mate hate to admit but I am in the same boat but just not dealing with the wedding at present

I am lucky I do shift work 4 on & 4 off, basically on weekends and night shift @ work ( shhhh ) I take my lap top and do my research and search for property.

My partner has the same interest in property as I do in ‘The bold &…[Read more]

Hello All,

I totally agree with all the above.

Futhermore concerns can also be raised about the management rights too. I.E are they good at their jobs, is the rent guaranteed, and if they go broke or sell management rights? what else can be done with that property, zoning?

Stay with houses or units ( outside of motel style)

This is my 2 cents…[Read more]

Calvin,

Seens you have just laid the turf down, now would be a good time to roll the affected area up, lay some more top soil to create a more even base.

Then roll the turf out again, and then go down to bunnings or k-mart and get some grass booster feeder.

This will stop the water forming the lake in the bottom corner ( although having your…[Read more]

Simon,

Cheers & thanks for the reply, that was roughly what I was estimating the interest rate to be.

Will pm to, have a good weekend.

Mark

L & S,

Thanks for the reply, I have equity in an existing i/p, but dont want to use anymore equity than I have to, naturally to keep it free for other ventures

Cheers

Hello All,

I dont mind adding a little too if I may.

What starts as a leak could be very much more than a comestic stain. Personally I would pay a building inspector to assess the exact cause and approx costing for repair.

Leaks in roofs can cause all kinds of nasty damage to building rafters and other structual damage.

It is upto to you if…[Read more]

Ozi,

I totally agree with Jenwren, Re: Solicitor, by chance did she go to this solicitor through recommendation of the developer?
There is no need for your sister to even approach this person.
New solicitor for a start.
Read the exact wording regarding the finance, what a developer trying to source her finances? hmm maybe he can go guarantor too…[Read more]

Hello Jenwren,

Bit of bad luck there, but if you go through your contract of sale I’m sure you will find the relevant info in there, that you purchased a property in good faith and certain condition.

If the damaged occur before settlement I beleive the vendors are responsible for this costing.

If in doubt contact your solicitor, might be more…[Read more]

Hey BRC,

I would get the bank to pay for that cost or valuation for refinance, generally they waiver that, sure they will if you indicated your looking at other financial means.

It is bad they dont tell you what their value is, think they only kinda indicate if it is out by more than 20 % either way, even then its just like watching the credits…[Read more]

Brc,

Interesting question, I dont personally know the answer, but my guess the bank would look on it better if a new lease was done.

Maybe guru Dazzling may reply

Sorry just read it now, guess the auction is over right ?

How it go / what you do ?

There is another option ” bond ” which you can use as a deposit.

But a little late I guess

Wow,

Excellent position to be in , did they pay for the boat in cash?

I am with Dazzling there, would love to know how they achieved it. Good reading

Sounds like part of my dream, to sail the world, one problem is I get sea sick

Well maybe just have to be like Einstein, and eat fruit in their orchid and observe them.( tell them not to worry I…[Read more]

Redwing,

I hear you on that point, happens is Sydney too, amount of tradies that did a no show for quotes etc etc, just meant they were not going to in line for the work

Cheers Alex,

It was good informative reading

hello guys,

Not all work has to be done as result from damage by tennant. All items have a deprication schedule which you can download from your state tax office.

Major work such as a new kitchen can not be claimed straight away, but rather adds to the cost price of the property, thus when time to sell is added to the base price and off set…[Read more]

Hernus,

Just put the word out as you have and I’m sure you will be contacted via pm ( personal message ).

I have asked the question too, if I remember rightly some work of a comission of the savings, and some have a flat fee of $2,000.

Pittfall, if you dont research the area, then how do you know if you are purchasing above or below market…[Read more]

Hello,

Good advice here again all, King you seem to know abit about the owners, have you approached them directly with an offer? Maybe they are interested in doing a deal without “lucky-dip-man”, being involved.

Hmm the savings of commission has to appeal to anyone, especially if you have a cheque in your top pocket

Good luck

Hey Guys,

Nickel how long you had the i/p? was a building inspection carry out previous to you purchasing?

Good luck with chasing the Strata up to rectify movement in the slab, might be a fight on your hands there.

Cheers

Hell Deb & All,

Deb, this may be pushing the issue with them, seens it took so long to get the lease. Try and obtain the 2004 – 2005 Valuation Rate & Charge Notice, which is issued by the local council.
This should also contain information such as Site Value & Capital Improved value.
Which in your case be a good indication.
But I agree with…[Read more]

Simon,

Would be interested in finding out the ones you know / recommend in Sydney.

Cheers