Devil Yellow CV8 Monaro, Manual.

AND I love it [laugh2]

(hence Devilcv8 as my username)

Dev * [kid]

Im testing my memory now, but I think there is a good place in Mt Lawley for this sort of stuff its along the train line, it may even be Ross’s auctions….

I am renovating at the moment in VIC, and have found the trading post the best way to find things. I bought a whole kitchen (10yrs old) and stove (3 years old) for $300!

I also found a 12 month old hot water system for $330 and they are still selling for $750 in the shops… lots of bargains to be found if you look around, the trading post comes out every thursday.

Dev* [kid]

The rent is probably still too high. Drop it to something more realistic. Some property managers have no more experience than you do, so sometimes you have to manage them to make sure the job is done properly.

Also, I find that ringing the property manager every day to ask what they are doing to secure a tenant is a good idea. Remember THEY are working for you, and eventually your tenant. Make them work for it and dont expect a tenat to fall into your lap.

Another thing, READ the ad they have for your place. If it is a BORING ad people wont be interested in looking at at. Try using some exciting words in the ad,

‘Modern 2 bedroom apartment in handy location, close to beach, south yarra cafes & restaurants, plenty of space, large kitchen with lots of storage, car parking on site and free DVD player – be quick for this apartment!’ Spice it up a bit, a lot of these guys write boring ads all day so why is yours any different from the other 90 apartments on thier books?

Keep pushing on, you will find someone [helmet]

Dev * [kid]

samgliksman

As long as you are comfortable with what you are spending, and the rental market for that area is stable or shows signs of improving (due to improved infrastructure, new developments etc) then go for it. I have a property in a small town in tassie that I paid $79k for. It rents for $120pw and the tenants are happy to stay (they have been there 2 years already).

I can also claim around $2200 a year in depreciation on this property…

A lot of people warn against this area, but I went down there and felt comfortable in spending that much in the area.

As long as you can sleep at night! If this place is vacant for a few weeks it wont send me broke! Then again, I wouldnt spend 300k in this area…

Dev * [kid]

billyray

I would recommend Depreciator, they do an awesome job, I have used them for two of my properties now and I am very impressed with..

– price
– quatlity of the report
– service quality
– quick response to questions
– great customer service & follow up

It seems that many others on the forums have used them and are impressed so I guess that should give you a good indication! [grad]

Dev* [kid]

Interesting…

What do you have to say about this, Steve?

Dev* [kid]

Wylie

I am looking for new carpet for my Melb property, what was the name of this company that treated you this way? I like to support people (like you) that get poor service from big companies that should know better…

If anyone got a good deal, or knows the name of a good carpet retailer please also let me know, I will be doing the whole house in about 3 weeks time…

Dev *