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gng
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@gng
Join Date: 2011
Post Count: 35
October 26, 2012 - 7:18 am
Does PM fees include letting fees?
You've use 52 weeks rent. Do you need to consider where there'll be a period where there'll be no rent? When I first get mine, I've got 3 weeks vacancy before the tenant start moving in.
gng
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@gng
Join Date: 2011
Post Count: 35
October 5, 2012 - 4:14 am
NAB and CBA following BoQ, 0.2
gng
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@gng
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September 11, 2012 - 5:07 am
Thanks Derek. Great process to follow.
gng
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@gng
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September 10, 2012 - 11:03 pm
Thanks Jamie.
gng
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@gng
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August 14, 2012 - 8:02 am
Sorry for the unrelated reply. Nice username
gng
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@gng
Join Date: 2011
Post Count: 35
August 13, 2012 - 3:27 am
Emailed you some screenshots and more info. Hope it helps you.
Freckle, not that's not what I meant. It literally freeze, looks like timeout from some network connection.
gng
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@gng
Join Date: 2011
Post Count: 35
August 9, 2012 - 5:28 am
Not sure if it's just me, but on chrome, sometime it freezes. Works on firefox with no issues.
Performance could be an issue as well, sometime it takes a while to load.
gng
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@gng
Join Date: 2011
Post Count: 35
July 4, 2012 - 11:01 pm
Oh I think I came across a newsletter from washington brown that they are offering 1 yr YIP magazine if you get it from them. I believe they are quite well known in this field as well. The 1 yr YIP may be before 1 July though, better check with them.
Cheers,
gng
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@gng
Join Date: 2011
Post Count: 35
July 4, 2012 - 1:32 am
I’ve looked into building a retaining wall for my ppor. All of the quotes are on the high end. It’ll definitely be cheaper to do it yourself.
Other than treated pine, it’s also better to have the plastic behind the sleeper, to prevent them from rot and last longer. You’ll also need agi pipe for drainage. Scoria on top of the ai pipe.
gng
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@gng
Join Date: 2011
Post Count: 35
July 4, 2012 - 1:07 am
As with everything I do, always negotiate, even if it’s $5 less, that’s a cup of coffee . Just had 1 done few days ago with them.
gng
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@gng
Join Date: 2011
Post Count: 35
May 24, 2012 - 1:07 am
Just went through this myself few weeks ago. On top of the above, there’s the below that people have recommended to me:
Momentum Weath
Empire Estate Agents
Bellcourt
House Smart
Investor Edge
Apart from the fees, you’ll also need to understand what they offer and negotiatie with them. Here’s one that investor edge has prepare
http://www.investorsedge.com.au/wp-content/uploads/2012/03/Property-Management-Questions-Feb12.pdf
which you can use as a guide to question their service.
Regards,
Gary
gng
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@gng
Join Date: 2011
Post Count: 35
May 11, 2012 - 1:16 am
If 1 building has 10 floor and each floor has 10 units, that’s 100 unit.
If all of them become available for rent at the same time, it’ll be very challenging to find tenant.
How many buildings are going up at southbank you can see for yourself.
I also do see potential in Geelong, but do your due diligence.
gng
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@gng
Join Date: 2011
Post Count: 35
May 8, 2012 - 12:47 am
CBA cut their fix rate, hopefully the rest will follow
http://www.theage.com.au/business/cba-cuts-rates-on-fixedterm-home-loans-20120508-1y9vn.html
gng
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@gng
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Post Count: 35
April 27, 2012 - 5:17 am
Aluminum frame will transmit heat/cold more easier than wood.
Have a look here for comparison. http://windows.build.com.au/types/frames
Cheers,
gng
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@gng
Join Date: 2011
Post Count: 35
March 30, 2012 - 5:05 am
Sorry to be off track a little. Obvious house with land component will appreciate the most, but what about comparing villa unit and apartment in the same suburb say canterbury, vic. I’m thinking capital growth would be pretty similar given both has limited to no space for expansion. Is this correct?
gng
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@gng
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Post Count: 35
December 6, 2011 - 10:27 pm
Thanks Scott.
gng
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@gng
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Post Count: 35
November 25, 2011 - 3:30 am
Richard had help me out in the pass and you may want to check with him, but for me
it is very important to understand how much I can borrow first and structure correctly for the most tax benefit.
From there then decide how much you really want to borrow,
Look for property
Do the calculations
gng
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@gng
Join Date: 2011
Post Count: 35
October 4, 2011 - 3:12 am
Just check with the solicitor, he had actually does all that for me already.
Thanks Guys.
gng
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@gng
Join Date: 2011
Post Count: 35
October 3, 2011 - 10:45 pm
Bought an IP and I’m worry that the rates, body coporate, water etc letters will be sent to the IP address rather than to my PPOR. Was wondering what do you guys normally do.
Hope this is clearer.
Thanks.
gng
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@gng
Join Date: 2011
Post Count: 35
September 9, 2011 - 4:15 am
ALF1 wrote:
Identifying Risks
– Begin looking for a property manager early in the purchasing process. Interview and select the property manager before you settle. Your real estate agent will be able to keep an eye out for tenants before you even have the property in your name! Finding a good property manager early can help to lower the risk of experiencing a long vacancy period.
What is consider as a long vacancy period? 1,2,4 weeks or more?
Just recently settle one, problem is before settlement, we can’t show the property to prospective tennant.