Do as little as possible, tenants do not look after gardens.
Bark will eventually disappear, it needs periodic maintenance.
How about just some native bushes or small tree?
Most tenants don’t fuss to much about gardens.

I’ve been to a few of his and other seminars, great to start with and helps to give you the courage to actually make a move.
I am now suffering severe seminar fatique and we are well on the way with investments, so it has served a purpose.

Maybe not relevant here, but department of housing or government can assist with portable independent housing in the backyard for dependent family members.The bungalow has to be removed if it is no longer needed.

If available, check body corp minutes of the meeting and sinking fund, any major structural issues?

You can still buy units from 150,000 or 1 bedroom units for 140,000 in the outer suburbs, a bit of clean up or paint work is all that’s needed. At least its a start and you are not paying rent.
Infra structure and public transport is usually well established, you don’t necessarily have to go out of town.

my account organised all ABN’s for each trust and GST registration, if relevant.
I think you can register the trust for GST.

If GST registered is selling to GST registered, no GST payable, and if its tenanted.
If selling to non GST registered, you, the buyer, have to pay GST.
It is recommended you get a valuation and i believe any capital gain incurred after the intro of GST in 2000, is subject to GST.
Its therefore an advantage to be registered for GST in commercial property.

send a formal complaint to the R/E institute.
I did, when I was totally overquoted by the local R/E shonk to get the listing.
He was fined a paltry 2,500 and because basically it is also run by R/E agents, I was not awarded anything, the fine went into the R/E institutes pocket.
Consumers? what lights?, oops rights.

I meant land as in subdivision potential, not for the tenant.

Weatherboards tend to have more land, which is what we look for.
They are easier to renovate and tend to have more character.
Apart from that, I don’t think it matters that much, unless all the weatherboards have gone rotten!

So where are the tenants going to come from?
Especially in those small towns, if invesotrs are buying so many of those properties.

I am booked to seem him in a few weeks time, at the recommendation from this forum, and he lives not far from me.
My current account I’ve now had a few years and he is ok, but slow and does not think outside the square.

Yes I did go, only paid 1000 for the 2 days.
It was very good because he covered all areas in an easy to understand way and his strategy is very easy to follow.
Some of it, because by now I’ve learnt a lot, was not new, but he did soummarise it well.
I forgot his mentoring charges,?300 per month.
He meets with you and 24 others on a monthly…[Read more]

I am trying to get hold of the book.

That is what I read about Tasmania and is my feeling when I recently visitied and things did’t seem very different from 15 years ago.
I think those sort of statistics are absolutely vital to know as a property investor.

A good rental manager is worth their weight in gold.
They check the property, know all the rules, up the rent to market, pay some of your bills for you.
When things go well its fine, its only when things go wrong, which can happen quickly and badly, that you might wish, you had one.
Things are kept at arms length, there is no emotional involvement.

Why not put in a written offer and small deposit and see what gives, how much more info do you need.
Remember that agents also have to protect a vendors privacy.
If its been on the market that long, they must be keen to sell and the price seems right, if its a good property.
You cannot even build a house for that money.
Just check the section 32…[Read more]

This is my strategy in outer east Melbourne:
Buy approx 1000 sqm land with the house to the front and side, to allow for enough rear access.
try and get the house in good condition, as renovating is very expensive and bloody hard work.
Rent out the house.
See a good local draftsman/woman, architects are far too expensive, unless its an upmarket…[Read more]

If you can find a really good property, why not use the $50,000 cash offset a/c money?
The gearing effect of property is a wonderful thing.
Also, have you got a home line of credit, also a wonderful thing: interest slightly higher but well worth the convenience and flexibility.
Get your home revalued and you can borrow another…[Read more]

I am surprised to hear about this, since the conveyancer will usually confirm loan approval and ask for it in writing, before making the contact unconditional.