@Terry, as discussed previously….I prefer “fixed” so am curious who is ME Bank? and what sort of 3 and 5 year rates are they offering?

@Don,

Do you find that there is a stream of tenants looking to rent on the central coast or is there a bias towards owner occupier on the central coast.

Not to doubt your numbers but…..those sound like really high ROI numbers. Do you want to suggest some suburbs that you’ve found rental returns like that?

Bump…. $5.99+shipping?

good news for investors. any short term benefit (eg easier servicing on our mortgages) gets eaten up by higher entry points to purchase more property making it expensive to grow your portfolio

come on guys…..25 views and no ones willing to have a fun punt on what they think the outcome is going to be :)

How much do you pay per annum for your landlords insurance through EBM insurance? What were the terms apart from $500 excess?

you can bet if I put my own hand through an existing window in my house that wasn’t up to code but existing that I wouldn’t get $800k compo for it.

ridiculous….. Australia is becoming just like the USA with ambulance chasing lawyers at every turn.

sure its easy for landlords to joke now but you only need a few 800k payouts before no one wants landlord insurance and everything goes to hell and it becomes a multi-thousand dollar a year expense to insure.

@Catalyst so for your strata apartments how much are you paying per year for your landlord insurance and who is it through.

Is anyone on the list getting a “bulk” discount because you have 10+ properties (and I don’t men the usual….we’ll give you 10% off because you bundle everything through the one insurer I mean a real discount……[Read more]

dropped it to 9.99 + shipping……. lol and that’s what makes a market :)

….ok but you have now cross colateralised his loan…..isn’t this what everyone is saying not to do?

wow….how can the fair trading site be so misleading.

eg. Reading the http://www.austlii.edu.au/au/legis/nsw/consol_act/rta2010207/s108.html site basically says the estate is responsible until vacant possession is given (eg estate collects the personal belongings……)

Thanks for the tip Terry. Havent had to go through this but good to know…[Read more]

Hi Sayan,

I’m not a solicitor….call the NSW FairTrading folks in the morning ….you pay taxes and that’s what they are there for :)……however, based on what I’m reading with the details written there……nope.

Basically if they gave you notice on the 15th of June the earliest they could ask you to vacate is 90 days later eg 15th of September.